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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist -- Ignore unavailable to you. Want to Upgrade?


To: nikosp who wrote (2)1/21/2001 11:14:30 AM
From: rocklobster  Read Replies (1) | Respond to of 5893
 
Hey OJ,

Nice to see the new thread is up and running.. maybe there should be some mention in the dedication of also being dedicated to those who have spent time mastering trading and are willing to give back by sharing their skills with other people. I don't want to be surrounded by only newbies,wannabe'e maybies, etc. hehehehe.. if ya know what I mean..

I hope that we can attract a diverse crowd, and some top notch traders, be they swing traders, position traders, day traders, or whatever.

I am looking forward to learning with you and my first week in the room was interesting.

It's definitely hard to get used to not being a "LONE RANGER", as I have a tendency to want to make it on my own, and I hate asking anybody for anything.

But I honestly feel that making money in the stock market takes a team effort. After all, we know that the pro's have huge teams set up to carefully extract our money, and put it into their pockets.

Let's build a Pro Team here Jerry. It has been really great to have people reach out to me in my first week in the room. It's nice to know that others are willing to share. I must admit to still being a bit skeptical about paying to be in a trading room, but I am going into it with an open mind, and I was just reading a book, and the one thing they said about stock market trading, was "pay someone to teach you how to do it". the book is Rich Dads Guide to Investing, by the guy who wrote Rich Dad Poor Dad.

After all, the amount of money that can be lost in a very short amount of time is quite staggering. I am going to keep investing in my education in the market, and hopefully it will pay off with long term success.

Where is the Jam session gonna be tonight Jerry, and what time? I have a family dinner affair, so I may not make it, but I will be home by 10:00 eastern, so I will check and see if anybody is still there.

thanks for starting this thread Jerry, and thanks for sharing.

Rok@letsmakesomemoneyindaroom.com



To: nikosp who wrote (2)1/21/2001 11:17:31 AM
From: Jerry Olson  Respond to of 5893
 
Thanks Nicky

yeah let's rock this house<G>



To: nikosp who wrote (2)1/21/2001 11:48:57 AM
From: Roger Schelling  Read Replies (1) | Respond to of 5893
 
Thank again Jerry for all the time and work YOU put in to keeping the "house" together! This will be a great place. This is the place. Personally it is my goal to make enough money to pay the bills and spend more time with my elderly parents, and friends, going fishing, improving the golf game. This is now a full time job as I discontinued working in any industry I have been a part of for about 27 years. I have been in the room one short month. The trading results are VERY ENCOURAGING! I think this will work with THIS group method! And having fun too! More blessed than I ever imagined.

To all:
We have found that you really can have fun learning to trade. While enjoying tasty cakes and marshmallow Santa Claus's? Yup. In fact I think those 'demons' really find us being distracted from their control with a little fun thrown in.

This also comes with people that understand you, and I.
Checkout out the education link over here.

Free membership
intelligentspecualtor.com
Then
intelligentspeculator.com

Here is a section of the "education" that has earned a spot right in front of me. During the trading day.

Selling for a profit and not waiting for more.

It all depends on how you measure your values. If you insist on using a fantasy of perfection for a mirror, you are bound to be threatened by the danger that the reality will intrude itself on the pleasant image.

There is no reason you need to regard selling out at something less than "the top" as a defeat. And if you let yourself be worried into premature selling every time you have a small profit, you will find your equity shrinking as the commissions and inevitable losses mount in your trading account.

Comment: Know my targets and keep them reasonable for the market formation I am trading.
It’s a Job

I trade as little as possible, protecting my psyche from the daily grind that goes on. I analyze carefully, and strike when it is time. Otherwise, there is no need to act. Why? Because the market grinds on the human soul and takes it's toll. This is a job where one will never be right, where one will never be good enough. Even with the winning trades, there is always something I could have done better. When I lose, I analyze each loss, and try to avoid it in the future. No job demands more emotional stability and maturity than trading. People outside the market can lie to themselves for a lifetime, but my real-time account statement gives me the score every second of the day and keeps me honest. There is nowhere to hide. Traders must embrace the truth and live a truthful life. It is the way to freedom


PS Humm sounds a bit like my golf game too <g>

PS ANYONE that I can help, please send e-mail and we will get rolling. rschelling@marshill.com
Qcharts, Firetalk, Egroups, Education section, whatever. I have begun to know my way around these areas and can help you find the answers to areas you want help in "NOW".

KISS or get technical, I don't care. I want to learn it all and can help anyone with ny experiences. And show you where to find material for those things.

Let's get 'rockin' with the market. Wherever it wants to go!

All the best,

Roger