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Hey Ulrich,
Sounds like my philosophy - expect the worst and you'll never be
disappointed! Anything better's just gravy (certainly applies to my trading
results lately).
Have fun,
Dennis C.
dconn@xxxxxxxxx
-----Original Message-----
From: bullcom <bullcom@xxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Saturday, July 11, 1998 10:07 AM
Subject: Re: Gen: Amount ot time required for success.
>I followed this thread with interest, but never commented, because from my
point
>of attitude, I will never be really successful. Yeah, I´m making money, but
there
>is much more I can make better. Twice in my trading career I considered
myself
>successful and with this attitude prepared for the next major downdraws.
And when
>I say major I mean major.
>So if I learned something it is that trading is a never ending process of
trying
>to adjust for the ever changing enviroment, which means, I´ll be always new
to it.
>So how could I ever call myself successful. Knowing that, I am careful and
am
>pretty good prepared for the nasty things that might come. The greatest
trader I
>know considers trading a loosing game - and is making millions, tens of it
a year.
>
>We don´t have to talk about not-to-trade, if you consider it a loosing
game, its
>just a major difference in approaching the markets. You enter and are used
to
>success - what could happen and happened to me at least twice big time, was
that I
>accepted that the market will take care of my position as always and I lost
the
>sight of risk, planned what part of real estate to buy with the profits
and - huh-
>he were´s my account?
>
>The other side is, that the positions are an imminent danger to my
financial
>condition of yesterday and I am very careful about it. Sounds strange,
well, did
>to me, but works out to be a much more relaxing life.
>
>Good trading - Ulrich
>
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