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James,
Good post. Let me add something to it, Debra. New traders think they have to
trade right this very minute, and know everything right now - I missed the boat
- time is running out - got to get an order in right now - market is running
away and leaving me - buy, buy, buy. That is probably the most effective way to
pick a top that I have ever seen. Anyway, there has always been a good trade,
and there always will be a good trade. As Edwin Lefevre stated - Nothing new
happens in the markets. For now, just kick back, learn, absorb, take a nibble
now and then at first (and maybe later..hehe). Main thing is - try to stay
even and get trades in. Set goals. You may not be getting $ compensation, but
you are getting educational compensation. And realize, there are everyday
people out here right this very minute that are working 50X as hard as you to
find that edge. Why should you get the money? I trade, research, eat, sleep,
chew, fart, program, dream about the markets 24 hours a day and I like it. If
you are new to this, you cannot make an educated judgement about whether
something is good or bad concerning details of trading. Eat it all - including
this forum.
Best Regards,
Eddie
James Lancaster wrote:
> Debra
>
> I was going to make this a personnel response , but changed my mind which
> is ok.
>
> I sense you to be a young person reading into some of the attributes that
> go with that age period. I am guessing you to be new to the investment
> arena or relatively new and your eager and ready to take the bull by the
> horns covering as much ground as possible trying to get to that comfort
> zone which never really comes, you will get close at times, just to find a
> new mountain range over that hill but your looking to get to a point where
> you feel you have some control over this environment which you should have
> and better get if you expect to stay long
> in this arena.
>
> Your current frustration is with this list after being steered in this
> direction as part of a salvation or resource answer to your investment
> goals and is quite apparent that's what your looking for setting high
> expectations as a potential return. Your limited time exposure to this
> list has you upset and dishearten by receiving the impression that here is
> just another one of those screwed up uncontrolled lists which at times
> appears to be true. If you were to spend the necessary time to find the
> real answer ( time will be based on your wisdom level) , you would find
> that after sifting through many buckets of mud up pops that gold nugget and
> there are times you get many nuggets but this only comes to the ones that
> 1. Are not looking for and expecting a bed of gold to be continuously laid
> in front of them 2. Are not bothered or afraid to sift through the dirt
> , grime or mud looking for that next nugget 3. Have acquired the patience
> in that it may be some time before it happens: In fact these three
> Attributes that I just mentioned (acceptance, tolerance, and patience) are
> also necessary in order to be a successful trader investor of any Trading
> Time Frame and are qualities you develop with time and experience. This
> list like most has its good, bad, ups, downs, high, lows, and any other
> adverbial paradoxical label you find necessary to live with; Thank God I
> finally trashed that stuff fifteen years ago after carrying it for over
> forty. I will tell you this, the lists is made up of all kinds of people
> from all walks of life, professions, cultures, age, and stage levels of
> life and who of which are nothing other than people ( No Gods yet, unless
> one slipped by unnoticed) each bringing with them there own life's baggage,
> again which we all manage to carry around as a dear procession putting some
> special value on it when in reality, its worthless, just weight..
>
> A further stay on this list on your part could be rewarding in many ways ,
> if you have that depth and the perseverance and I'm sure in time that you
> find what your looking for but only after you pay your dues. Two weeks is
> not enough time to filter through what you find offensive; As time goes by
> you will develop the ability to pick and choose effectively and
> beneficially just as you will have to learn to do in the market. In time
> you will also see how much beauty is really here only after sufficient
> time and openness. Good luck on your journey.
>
> James Lancaster
>
> I have only been on this list for one week. Altho I do see the benefits of
> having access to a group of well-versed omega people (whether you like the
> new version or not), I do not believe that the benefits outweigh the
> necessity of having to read thru the numerous non-omega posts. A few are
> expected on any given list, but when the subject-of-the-day becomes <this
> is
> how I view world conflicts>, it is time to realize why this list even
> exists. If this type of tangent is to be expected time after time, so be
> it,
> and.....have a good time gentlemen.
>
> I thought that I was joining a group of people that could teach me a few
> things as well as send me off on new paths in my trading systems that I
> wouldn't have thought of myself. I still believe that it's possible with
> this group, but I simply do not have the time to weed thru all the
> unnecessary wordage that is needed to find those words that actually have
> something to do with an omega product, not to mention reading post after
> post of bashing this and that and him and her. It's simply ridiculous.
>
> I realize I am just one person, and new here. I also believe that I am
> talking for others that think the same, but don't say anything. I really
> don't care if anyone cares how I feel about this or not......I just wanted
> to let the group know that if they are looking to add new people to the
> group (we all could learn something, after all), IT AIN'T GONNA HAPPEN if
> you don't stick to the rules. This is the "Omega list", isn't it??????
>
> I'm off my soapbox now, and off this list. Good luck to one and all.
> Debra
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