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Posts Made By:
SunTrader
Forum:
Psychology and Money Management
July 26th, 2023, 06:33 PM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
Same could be said about many other comparisons. ...
Same could be said about many other comparisons.
Both about risk taking. Not much else.
Forum:
Psychology and Money Management
January 19th, 2023, 11:11 AM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
Trading is risk taking. So is gambling. ...
Trading is risk taking.
So is gambling.
But then again so is starting a small business or simple everyday things like crossing a street or flying in an airliner.
Each has its own unique...
Forum:
Psychology and Money Management
October 14th, 2021, 01:05 PM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
A loss is a loss.
A loss is a loss.
Forum:
Psychology and Money Management
September 17th, 2021, 11:03 AM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
Well then .... if virtually any outcome is...
Well then .... if virtually any outcome is uncertain and gambling is betting on any outcome that is uncertain why is trading not gambling?
Forum:
Psychology and Money Management
September 17th, 2021, 10:26 AM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
Whether you have an edge or not the trade is...
Whether you have an edge or not the trade is always uncertain.
Forum:
Psychology and Money Management
July 15th, 2020, 04:56 PM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
Life is a gamble but if some find trading boring...
Life is a gamble but if some find trading boring ..... stop trading.
Forum:
Psychology and Money Management
June 18th, 2020, 01:05 PM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
Spanish, not Italian. If I get a chance I'll...
Spanish, not Italian.
If I get a chance I'll watch even if I do not believe in such a thing called luck.
Forum:
Psychology and Money Management
April 18th, 2020, 10:09 AM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
That is your answer right there. Excitement,...
That is your answer right there.
Excitement, not success is what motivates you.
If you want excitement try bungee jumping instead. Trading is serious stuff.
Forum:
Psychology and Money Management
February 23rd, 2020, 06:42 PM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
Ever hear the story of LTCM and their many Nobel...
Ever hear the story of LTCM and their many Nobel Laureates?
Forum:
Psychology and Money Management
February 22nd, 2020, 08:31 AM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
Well then you are comparing apples to ... SPY's. ...
Well then you are comparing apples to ... SPY's.
Come on 1 share. Give me a break.
You could do a lot of things. Sure.
Forum:
Psychology and Money Management
February 21st, 2020, 10:46 PM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
Your words: 2 ATM SPX options = 1 ES future...
Your words:
2 ATM SPX options = 1 ES future = 10 SPY options = 1000 SPY shares.
and
how could trading 1 ES be less risky than trading 1 share of SPY?
1 share? Typo I guess?
Forum:
Psychology and Money Management
February 21st, 2020, 09:56 PM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
It is a great misnomer that stocks are somehow...
It is a great misnomer that stocks are somehow "safer" than futures.
IMO having traded them both for many years it is exactly the opposite.
At least in so far as considering either "safer".
Forum:
Psychology and Money Management
February 21st, 2020, 04:20 PM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
You may or may not have now realized by now NOT...
You may or may not have now realized by now NOT to try to make back the money lost.
Obviously the goal for a struggling trader should always be to make it to profitability long term. And stay...
Forum:
Psychology and Money Management
February 21st, 2020, 11:05 AM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
Absolutely and I would add traders conflate risk...
Absolutely and I would add traders conflate risk with trading account funds at play once a trade is put on.
Risk is the event of something happening, mostly something negative. Not losing X amount...
Forum:
Psychology and Money Management
February 20th, 2020, 03:03 PM
Replies:
102
Sticky:
Gambling (with life)
Views:
28,676
Posted By
SunTrader
Life is a gamble - everyday.
Life is a gamble - everyday.
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