The word "
novice-day-trader"...hmm
Let me call it more like
sluggish “OldTimers” vs
quick thinking “NewSmartGeneration”!
Have you ever visited local “day-traders” gathering down town Jewish quarter in New York , I have done it and I tell you this. –I was fucking scared seeing the way they trading..... I am not even close to them breeds.
"
Mainstream new-comers within the economy of today" love using the word “
novice-day-trader”, like they are talking about a hypothetical or fictional being from outer space, especially the intelligent one.
I am at my 40’s, have traded violently 15-18 years and consider myself someone to know how NOT losing money.
I cant imagine situation where I live impoverished and austerely while having $400-450K locked in long-term saving/shares and even worse “
die rich”, I spend my profit on maintaining my home, boat, my custom choppers etc…. I am not going to embellish my bravados here to seem important. You're absolutely free to draw your conclusions fairly as you please.
As I wrote couple of threads before, my most important definitions/rules experiencing couple of years of trading are;
- Activate the"Fill or Kill" advance trading.
- Up 4% down 2% ......sell (extinguish)!
- Absolute liquidity on a Friday eve.
There are weeks I am absolutely clean and unloaded with full liquidty, waiting!
NEVER ever lost a penny at least and during my last 15 years of trading. I see myself more like
William Delbert Gann than today's fearless jewish "
day traders".