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Search: Posts Made By: sysot1t
Forum: Traders Hideout July 14th, 2011, 08:53 AM
Replies: 41
Views: 11,676
Posted By sysot1t
it is not hard to see that trading is a game of...

it is not hard to see that trading is a game of odds... really, not sure why a book has to teach that.. in any event, to me trading is not so much a lotto game, but rather a game of blackjack... it...
Forum: Traders Hideout July 9th, 2011, 05:07 PM
Replies: 41
Views: 11,676
Posted By sysot1t
I am still learning about my own self... so I...

I am still learning about my own self... so I would not say am part of the 5%... long way to go.. lots to learn still...
Forum: Traders Hideout July 9th, 2011, 04:07 PM
Replies: 41
Views: 11,676
Posted By sysot1t
the assumption you seem to be making is that I...

the assumption you seem to be making is that I would be over leveraging or basically using $500 margin... which I dont.. my own personal margin is $5K per contract regardless of what I get from my...
Forum: Traders Hideout July 9th, 2011, 02:53 PM
Replies: 41
Views: 11,676
Posted By sysot1t
I understand now... I follow a mechanical system...

I understand now... I follow a mechanical system as well given your definition, but with layers that determine the amount of risk($$$) that I will bet... if all conditions align, I bet heavy... if...
Forum: Traders Hideout July 9th, 2011, 02:27 PM
Replies: 41
Views: 11,676
Posted By sysot1t
wait, so to you mechanical just means something a...

wait, so to you mechanical just means something a human follows to the letter, without automation? then you will still face the psychology of the human ... and the "mechanical system" will eventually...
Forum: Traders Hideout July 9th, 2011, 02:06 PM
Replies: 41
Views: 11,676
Posted By sysot1t
I can agree with that... specially if the stop is...

I can agree with that... specially if the stop is clearly defined... I just still say be careful, given that no mechanical system lasts for long.. they are IMO, very short lived because not all rules...
Forum: Traders Hideout July 9th, 2011, 01:34 PM
Replies: 41
Views: 11,676
Posted By sysot1t
yes, real is always better than sim... hands...

yes, real is always better than sim... hands down... it just comes down to controlling the risks better... so starting out with IWM or SPY with 100 shares and just risking 15c per trade + $1.00 is...
Forum: Traders Hideout July 9th, 2011, 12:49 PM
Replies: 41
Views: 11,676
Posted By sysot1t
if you scalp ETF's, you will need $25K min due to...

if you scalp ETF's, you will need $25K min due to PDT... I will assume you are properly leveraged, which then would cause me to wonder why is $150 concerning you since that is less than 1% at risk...
Forum: Traders Hideout July 9th, 2011, 11:09 AM
Replies: 41
Views: 11,676
Posted By sysot1t
for what is worth

1. you know yourself best, follow what you think is the right thing to do... you will learn that your gut is always right.

so if you need to close everything to regroup, do so... you can always...
Showing results 1 to 9 of 9

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