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Posts Made By:
kevinkdog
Forum:
Psychology and Money Management
January 10th, 2021, 06:19 PM
Replies:
53
Practical Spiritual Trading
Views:
11,148
Posted By
kevinkdog
OK, but remember you were trying to refute this...
OK, but remember you were trying to refute this statement:
"when you win, someone loses. You cannot win in trading without taking what could potentially be food out of someone else's mouth. "
...
Forum:
Psychology and Money Management
January 10th, 2021, 05:41 PM
Replies:
53
Practical Spiritual Trading
Views:
11,148
Posted By
kevinkdog
That is incorrect. Every dollar Trader B...
That is incorrect.
Every dollar Trader B made came out of Trader A's pocket. Look at what happened:
Trader A was up 96 points as of Jan 8th at 10 AM. If he had exited then, he'd have 96...
Forum:
Psychology and Money Management
January 10th, 2021, 05:33 PM
Replies:
53
Practical Spiritual Trading
Views:
11,148
Posted By
kevinkdog
But every dollar you make trading futures DOES...
But every dollar you make trading futures DOES take a dollar out of someone else's pocket. That is the nature of the game.
Forum:
Psychology and Money Management
January 10th, 2021, 05:24 PM
Replies:
53
Practical Spiritual Trading
Views:
11,148
Posted By
kevinkdog
I agree both Traders A and B could make money,...
I agree both Traders A and B could make money, but your example is incomplete, and misses a whole section of the overall picture:
Your example:
Trader A = Long on Jan 6th at 10 AM, exit Jan 8th...
Forum:
Psychology and Money Management
January 10th, 2021, 05:10 PM
Replies:
53
Practical Spiritual Trading
Views:
11,148
Posted By
kevinkdog
As long as you believe your earlier statement "I...
As long as you believe your earlier statement "I think we are starting to get away from the original premise which was if I am making money in a trade, the trader on the other end of my profit making...
Forum:
Psychology and Money Management
January 10th, 2021, 02:38 PM
Replies:
53
Practical Spiritual Trading
Views:
11,148
Posted By
kevinkdog
You weren't initially agreeing with the zero sum...
You weren't initially agreeing with the zero sum idea, you edited that in later.
But don't kid yourself - every dollar you make in futures absolutely comes out of someone else's pocket. That is...
Forum:
Psychology and Money Management
January 10th, 2021, 12:46 PM
Replies:
53
Practical Spiritual Trading
Views:
11,148
Posted By
kevinkdog
I'll try one more time to explain, obviously I am...
I'll try one more time to explain, obviously I am not explaining myself well enough.
Take the Dec 2020 ES contract. It started trading 9/18/2019 at 2979. It ended trading 12/18/2020 at 3728.
...
Forum:
Psychology and Money Management
January 10th, 2021, 12:26 PM
Replies:
53
Practical Spiritual Trading
Views:
11,148
Posted By
kevinkdog
I see where your confusion is - you are trying to...
I see where your confusion is - you are trying to add up results over different periods of times. You can't do that.
So, then how about you just look at the same time both A & B held opposite...
Forum:
Psychology and Money Management
January 10th, 2021, 12:12 PM
Replies:
53
Practical Spiritual Trading
Views:
11,148
Posted By
kevinkdog
If I understand it well... Trader A = Long...
If I understand it well...
Trader A = Long on Jan 6th at 10 AM, exit Jan 8th at 1:30 PM >> profit of 76 points
Trader B = short on Jan 8th at 10 AM, exit Jan 8th at 1:30 PM >> profit of 20 points...
Forum:
Psychology and Money Management
January 10th, 2021, 09:44 AM
Replies:
53
Practical Spiritual Trading
Views:
11,148
Posted By
kevinkdog
Can you show a concrete example demonstrating...
Can you show a concrete example demonstrating this for the futures market?
Showing results 1 to 10 of 10
What unexpected challenges have you encountered while trading on a "Funded Trader" platform?
Unrealistic rules and requirements
45%
(71 votes)
High platform usage fees
16%
(26 votes)
No significant challenges
14%
(22 votes)
Lack of support or mentorship
12%
(19 votes)
Something else (discuss in thread)
7%
(11 votes)
Limited trading instruments
6%
(10 votes)
Total votes:
159
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