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Search: Posts Made By: bluemele
Forum: Psychology and Money Management October 14th, 2011, 05:19 PM
Replies: 53
Views: 10,849
Posted By bluemele
Haha, great post.

Haha, great post.
Forum: Psychology and Money Management October 12th, 2011, 01:31 PM
Replies: 53
Views: 10,849
Posted By bluemele
And? I am not saying I wrote it or I came up...

And? I am not saying I wrote it or I came up with it... :)

You didn't 'glean' anything from it?
Forum: Psychology and Money Management October 11th, 2011, 01:34 PM
Replies: 53
Views: 10,849
Posted By bluemele
Like mentioned before, systems need experience. ...

Like mentioned before, systems need experience.

Systems will evolve.

The flavor of the month is Perry G's system which seems to be a knock-off of shadow traders. I would bet that his system...
Forum: Psychology and Money Management October 10th, 2011, 11:50 PM
Replies: 53
Views: 10,849
Posted By bluemele
So, would you pay for a non-discretionary system?...

So, would you pay for a non-discretionary system? :)
Forum: Psychology and Money Management October 10th, 2011, 02:10 PM
Replies: 53
Views: 10,849
Posted By bluemele
Surly, Amen. That is what I wanted to say!

Surly,

Amen. That is what I wanted to say!
Forum: Psychology and Money Management October 3rd, 2011, 12:21 PM
Replies: 53
Views: 10,849
Posted By bluemele
I don't believe anyone trades a truly mechanical...

I don't believe anyone trades a truly mechanical system without updating that system which requires experience and skill.

To take someone off the street and say, here, go trade this system is a...
Forum: Psychology and Money Management September 25th, 2011, 02:07 PM
Replies: 53
Views: 10,849
Posted By bluemele
Completely agree. Hence the "'" around waste. ...

Completely agree. Hence the "'" around waste. :)
Forum: Psychology and Money Management September 22nd, 2011, 09:06 PM
Replies: 53
Views: 10,849
Posted By bluemele
I disagree with zero sum game as YES, technically...

I disagree with zero sum game as YES, technically it is getting transferred, but I think there are bonafide hedgers who 'waste' money to hedge.

You are right about being #2. :) Funny how that...
Forum: Psychology and Money Management September 22nd, 2011, 08:50 PM
Replies: 53
Views: 10,849
Posted By bluemele
I agree, that is why I have stuck with the same...

I agree, that is why I have stuck with the same thing. I realize it isn't for everyone, but the way I look at it is that when I do master my setup then I can start peeling layers off. :)

I have...
Forum: Psychology and Money Management September 14th, 2011, 02:51 PM
Replies: 53
Views: 10,849
Posted By bluemele
ofurbaldur, To be honest, NO, I would have...

ofurbaldur,

To be honest, NO, I would have never considered it. But, what I found was what I have always enjoyed in life. A challenge.
Forum: Psychology and Money Management September 13th, 2011, 09:18 PM
Replies: 53
Views: 10,849
Posted By bluemele
Welcome. I have come to the conclusion that...

Welcome. I have come to the conclusion that indicators are just training wheels and after a while you just start peeling them off. Of course you skin your elbows and knee's quite a bit along the...
Forum: Psychology and Money Management September 13th, 2011, 02:37 PM
Replies: 53
Views: 10,849
Posted By bluemele
Maybe, but how many actually make it to the 10K...

Maybe, but how many actually make it to the 10K hours? Or even 5K hours. Just because you learn something doesn't mean you master it.

And, I disagree about intelligence. yes, it requires a...
Forum: Psychology and Money Management September 11th, 2011, 01:59 PM
Replies: 53
Views: 10,849
Posted By bluemele
lsubeano, Great post! If you WERE...

lsubeano,

Great post! If you WERE constantly switching systems, then I would think you are probably in the #2 area.

Very detailed and interesting post. I have gone through about 3 periods of...
Forum: Psychology and Money Management September 8th, 2011, 02:07 PM
Replies: 53
Views: 10,849
Posted By bluemele
I think I am in your boat. haha... Yes, for...

I think I am in your boat. haha...

Yes, for me it isn't about 'edge' and 'system' as they all break at some point, but more about 'feel' and money management.
Forum: Psychology and Money Management September 8th, 2011, 02:24 AM
Replies: 53
Views: 10,849
Posted By bluemele
tradetree So, I am guessing you would put...

tradetree

So, I am guessing you would put yourself into the 5 category?
Forum: Psychology and Money Management September 3rd, 2011, 03:19 AM
Replies: 53
Views: 10,849
Posted By bluemele
Which level of trader are YOU?

Ok, you have to read the attached, and it is something I have had in my position for about 1.5 years and really enjoy reading it every once in a while.

I find it a bit inspirational.

Which...
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