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What you want is a million dollar education for nothing. I don't think so. Ira
BobR wrote:
> Dear Research dept, would you please do a brain dump on this lowly wannabe
> regarding entries on the NQ and ES ? Specifically he and a few others would
> like to read your treatise on timing the entry and various techniques you
> would employ in catching a trend in its infancy. Particularly address the
> pre and post period 8:30AM CT with its risks and rewards. What time frame
> or tick frame would you advise? What techincal approach would you use,
> swings, xovers, trendline breaks, something exotic? What we are talking
> here is Texas style gunslinging where trades move like singing bullets.
> Feel free to be as verbose as you want. A diatribe is desired.
>
> thanx
> bobr
>
> ----- Original Message -----
> From: "Research Dept." <research@xxxxxxxxxxxxx>
> To: "Gentle Ox" <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, May 05, 2001 4:57 AM
> Subject: Re: [RT] WHY...Trading Profession?
>
> > Hello Gentle,
> >
> > GO> Why is it that everyone thinks that they can be a successful trader?
> >
> > i never set out to be a trader, in fact i thought you had to live in
> > ny or chicago. in fact i do not consider myself a trader now, i love
> > research, and just figuring out things in general. i have studied
> > people as much as i have studied the markets and come to the
> > conclusion that most loose because they are gamblers rather than
> > analyst. analyst on the other hand mostly are failures at trading
> > because they rely upon validation of some for or another.
> >
> > GO> What is it that motivates so many people to want to trade?
> >
> > i hate to trade, i only do so to finance my research and my computer
> > hardware/software addiction. this is the way i separate myself from
> > becoming involved with something i don't like to do trade. i do not
> > get a thrill if i make money and i don't worry at all anymore if i
> > loose. learning to take losses was the hardest thing i ever
> > accomplished.
> >
> > GO> Is it the money? the ego? the testeroserone? something else?
> >
> > for me its the thrill of figuring it out.. finding something that can
> > be validated in black and white as working. i honestly have no desire
> > about the money other than to pay what very few bills i have. i live
> > very meagerly (except for equipment) because i know it can all be lost
> > if i'm not careful. i am not inspired by wealth but rather knowledge.
> >
> > GO> And why do so many people feel they can learn the game in such a shot
> amount
> > GO> of time?
> >
> > i was the same. i thought i knew how to trade until i went to work
> > programming for someone who was a real trader. there i learned the
> > business of surviving as a trader and to not take anything personal.
> > trading really is a business, like any other except its better. i
> > could pick anything in life to do the 3 i narrowed it down to was
> > biological, market and gambling research.
> >
> > anyway it took me a good five years to learn while working for a
> > specific trader. i spent many more years programming for other
> > successful traders. i figured no one was going to tell me what i
> > needed to know about how to make a living trading. so i set out to
> > steal the knowledge by pretending to be a contract programmer. so i
> > kept my mouth shut (for a while) listened and observed every move,
> > making very detailed notes about events i would only understand latter
> > in time. stopping here for now..
> >
> >
> > --
> > Best regards,
> > Research mailto:research@xxxxxxxxxxxxx
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
> >
> >
>
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>
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