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Re: [RT] WHY...Trading Profession?



PureBytes Links

Trading Reference Links

I like it when you ask for this kind of information Bob because when you
ask for it you get some action. Excuse me while I go wax my Vector {its
a car for those from Mars}.

Prosper


----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, May 05, 2001 6:23 AM
Subject: Re: [RT] WHY...Trading Profession?


> 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:
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> >
> >
> >
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> >
> >
>
>
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