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Search: Posts Made By: RM99
Forum: Psychology and Money Management August 22nd, 2011, 03:32 PM
Replies: 628
Views: 195,013
Posted By RM99
Although I agree with zero, I know some people...

Although I agree with zero, I know some people will debate his point (about timeless approaches).

The more important factor about rules based vs. adjusting with market conditions is sticking to...
Forum: Psychology and Money Management August 21st, 2011, 04:12 PM
Replies: 628
Views: 195,013
Posted By RM99
You're speaking in terms of "absolute" risk. ...

You're speaking in terms of "absolute" risk.

Relative risk I would think would not prohibit most traders in the long run.

This concept can be seen in anything from gambling to business.
...
Forum: Psychology and Money Management August 21st, 2011, 04:00 PM
Replies: 628
Views: 195,013
Posted By RM99
Every strategy/system reaches a "saturation"...

Every strategy/system reaches a "saturation" point.

That is to say, every system reaches a point where adverse market effects and/or slippage begin to either make the strategy begin diminishing...
Forum: Psychology and Money Management August 16th, 2011, 08:09 PM
Replies: 628
Views: 195,013
Posted By RM99
Absolutely. When trading strategy edge is...

Absolutely.

When trading strategy edge is based in market structure fundamentals (like price action and volume) and entry criteria is crafted in such a way as to only enter when the conditions...
Forum: Psychology and Money Management August 16th, 2011, 06:57 PM
Replies: 628
Views: 195,013
Posted By RM99
How on Earth do you lose $1M in one trade with...

How on Earth do you lose $1M in one trade with ANY form of risk management in place?

I get your point, that consistency is relative and just because you've made it, doesn't mean your out of the...
Forum: Psychology and Money Management August 9th, 2011, 05:43 AM
Replies: 628
Views: 195,013
Posted By RM99
Not to veer off topic, but any system or strategy...

Not to veer off topic, but any system or strategy that relies on outliers carries more risk. It's always best to plan for the worst and be pleasantly surprised when berry patches such as this week...
Forum: Psychology and Money Management August 9th, 2011, 01:20 AM
Replies: 628
Views: 195,013
Posted By RM99
I'm not mad:becky: I generally enjoy a...

I'm not mad:becky:

I generally enjoy a debate and an exchange of differing viewpoints. That's what forums like these are all about. Yes, I had a good day. Today was a dream day in terms of...
Forum: Psychology and Money Management August 8th, 2011, 04:09 AM
Replies: 628
Views: 195,013
Posted By RM99
That's my point. The original title of this...

That's my point. The original title of this thread says "PRIMARY" source. Meaning how many traders are making money ONLY from trading.

I think there's a good deal of newbie retail investors out...
Forum: Psychology and Money Management August 8th, 2011, 03:45 AM
Replies: 628
Views: 195,013
Posted By RM99
We're arguing apples and oranges. I give...

We're arguing apples and oranges.

I give up. You are correct. There's no correlation in account size and propensity to succeed as a full time trader. Anyone with a $500 account can make a full...
Forum: Psychology and Money Management August 8th, 2011, 12:26 AM
Replies: 628
Views: 195,013
Posted By RM99
Firstly, I agree with most of what your saying,...

Firstly, I agree with most of what your saying, but your conclusions are wrong. Again, the proof is in the reality and the facts.

A person with a larger account is afforded options that a...
Forum: Psychology and Money Management August 7th, 2011, 12:57 PM
Replies: 628
Views: 195,013
Posted By RM99
Like I said, I only partially agree with that. ...

Like I said, I only partially agree with that.

Even the most seasoned trader, if I handed him $10k and said "hey, I wanna make enough to live off and I have to have $2k/month to live on from here...
Forum: Psychology and Money Management August 7th, 2011, 12:55 PM
Replies: 628
Views: 195,013
Posted By RM99
Well, yeah. That goes without saying. I never...

Well, yeah. That goes without saying. I never said being undercapitalized was the reason for their failure, I simply said it was a commonality.

If you do root cause analsys, you find that the...
Forum: Psychology and Money Management August 7th, 2011, 12:50 PM
Replies: 628
Views: 195,013
Posted By RM99
Furthermore, let's expand on this whole idea of...

Furthermore, let's expand on this whole idea of "making it" and "primary source of income."

In order for you to make trading your primary source of income, let's begin by laying out some...
Forum: Psychology and Money Management August 7th, 2011, 12:16 PM
Replies: 628
Views: 195,013
Posted By RM99
Sorry, I disagree. Undercapitalization is...

Sorry, I disagree.

Undercapitalization is an extremely common theme among failing traders and for the same reasons you outlined in your post. "You need an account that is just a few times larger...
Forum: Psychology and Money Management July 29th, 2011, 01:52 AM
Replies: 628
Views: 195,013
Posted By RM99
Whole different ballgame. Options mainly...

Whole different ballgame.

Options mainly involves buying "time" in which you have a window to exit your option or let it expire. The price of the option is based upon the length of time you buy...
Forum: Psychology and Money Management July 25th, 2011, 12:26 AM
Replies: 628
Views: 195,013
Posted By RM99
Just to give you some perspective..... ...

Just to give you some perspective.....

moves of 10-100x your money aren't really all that uncommon with options traders.

If you take a $10k account and double it 4 times, you now have...
Forum: Psychology and Money Management July 25th, 2011, 12:22 AM
Replies: 628
Views: 195,013
Posted By RM99
That's really not that uncommon with guys who...

That's really not that uncommon with guys who trade equities.

"Sell in May and go away" really is a rule that a lot of guys follow.

The Summer months are useless for options traders and...
Forum: Psychology and Money Management April 17th, 2011, 02:46 PM
Replies: 628
Views: 195,013
Posted By RM99
I agree with BigMike and others. There are...

I agree with BigMike and others.

There are endless numbers of smart, educated and otherwise trade "intelligent" traders/investors.

The main differentiator to successful day trading is...
Showing results 1 to 18 of 18

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