Johnny Come Lately
Wow, what an epic thread!!
Most enjoyable. Now I'm gonna hafta dig out the one with TH proving himself.
Reading thru this, I notice 2 distinct tones:
1) Those who are won over and accept;
2) Those who are 'warning' ivant about 'bad things' to come...with an almost malicious undertone of wanting him to fail...altho' I highly doubt that will affect him much. C'mon, you don't think he's already undergone/heard ALL the negative stuff while he was trading his way up? eg. from even his parents.
I'm sure most of us have had naysayers in our lives as we've embarked upon this, The Trader's Path. I mean, when 'Efficient Market' critics like Malkiel harp on about the impossibility of guys like Buffett actually being able to make money out of the markets, we side with Buffett (or at least, I do). So the only difference here is the DEGREE of success that ivant has demonstrated so far. I think, I
hope, we're all on the same spectrum, except that we're only on different points (geez, I hope that's the right analogy). Allow me a Hallmark moment here: 'The bumble-bee is not aerodynamically built to fly yet it doesn't know this and flies anyway'.
To ivant, I will NEVER be able to replicate the multiplying you have done (in the same time frame) because I only ever risk* 2-5% of my capital on any one trade but like Cartman, I too have a stupid grin on my face from being happy for you
. I salute your testicular fortitude. Very classy of you btw, for apologising to Family Guy for hijacking his thread, of which I'm about to do now...sorry dude
Unlike many, I will not be picking your brains for the SPI movements. I however, would hope that you open a fund of some kind so that I could buy in...on the drawdowns, of course
: and only 2-4% at a time.
To Cartman - great sleuthing, my portly fellow. And for providing a positive vibe to the thread and for not summarily dismissing his claims. "Your mind is like a parachute, it only works when it's open" Yada Yada Yada...
At the risk of sounding stupid, what the hell, this thread has already had enough of that, ivant, did you mean Warren Buffett's
"Be greedy when others are fearful, be fearful when others are greedy"?
Haha actually you did
...
Just joking... hahaha. good times
LOL,
*ZING*!
Finally, to ivant, to Family Guy, to all of us traders, may your wins come swift and easy & may your losses be also swift and easy.
* I started out the right way IMHO. That is, with a loss. My first ever trade was ALL my capital on Telstra-2...we know how that went. I sucked up the pain for 5 years, waited until Trujillo came in, the price spike came and I jettisoned the turd. Meanwhile, I had been ever-learning...about position-sizing, money management etc.