Showing posts with label people who shouldn't trade. Show all posts
Showing posts with label people who shouldn't trade. Show all posts

Wednesday, March 18, 2009

Another Person Who Shouldn't Trade

Position sizing is important, so don't take on more than you can chew. If you do you could quickly fail.


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I don't have a history post for the day, so instead I'm going to switch on CNBC and get all "old DT" on you.

UPDATE: Fuck that. I can't torture myself by writing snarky posts about CNBC today. It's too nice outside. I'll be back for the FED news. Don't churn.

Thursday, March 12, 2009

Another Person Who Shouldn't Trade

Contrary to popular belief, trading is not gambling.


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Okay, now to address a small blog issue. I have not published a history or an around the house post in a few weeks. I blame daylight savings.

UPDATE: I would like to point you all in the direction of Trader X's blog this morning. A long time reader of his has passed away and they are seeking $5 donations to help pay for his daughter's college education. Think about what you almost considered paying for "the PPT" and go donate.

Wednesday, February 25, 2009

Another Person Who Shouldn't Trade

This is a perfect example of a low probability setup. Traders always need to balance risk and reward. This here was all risk...


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Thursday, December 11, 2008

Another Person Who Shouldn't Trade

Know when to lock in profits.

Monday, December 8, 2008

Another Person Who Shouldn't Trade

A good stock trading rule is the old, "where there's smoke, there's fire."

In this case, you could say, "if someone is going to use your back as a springboard to do a backflip, AND they have barbed wire strapped around their foot, there's gonna be fire." Smarten up, dude.

Monday, November 17, 2008

Another Person Who Shouldn't Trade

One of the better trading rules applies to this video. Disaster starts slowly.

Wednesday, November 12, 2008

Another Person Who Shouldn't Trade

You should never enter a trade in order to impress other traders... doing so invariably leads to massive pain.

Wednesday, October 22, 2008

Always Have An Exit Plan

Here's another idiot who should never trade. I mean, you get yourself into a bad position in trading, with no exit plan, and Mom won't bail you out.


Moron Fails on Terrible Squat Thrust - Watch more free videos

Friday, October 17, 2008

Another Person Who Shouldn't Trade

I'm not sure what she thought she was doing... but she failed. And traders who fail, suck "fishass."

Wednesday, October 15, 2008

Another Person Who Shouldn't Trade

Failure to fully understand cause and effect relationships is a strong negative for prospective traders.

Thursday, August 14, 2008

Another Guy Who Shouldn't Be A Trader

Old guy would lose his shirt... "sonamabich" behind the counter on the other hand, has a good shot at success.


Angry Old Man Cant Take a Joke - Watch more free videos

Friday, August 8, 2008