Took out a loan to transition to full-time trading. 24 years old.

[EnlightenedJoe]

He just needs to stop. If it really is true, then its no better than gambling. Not trading. I feel a bit sorry for him but he really should just stop!

Gambling is an acceptable option if that is the only option available. Also losing money isn't completely terrible. When it's all gone, it allows the gambler to move on. Otherwise he's stuck in a limbo and unable to be productive.

 

[Stormy42]

Gambling is an acceptable option if that is the only option available. Also losing money isn't completely terrible. When it's all gone, it allows the gambler to move on. Otherwise he's stuck in a limbo and unable to be productive.

Pretty deep. Wow. Not sure what to say to this.

 

[Stormy42]

I never gamble so don't totally understand.

 

[Stormy42]

Why would gambling ever be good?

 

[EnlightenedJoe]

Why would gambling ever be good?

You might win.

 

[Stormy42]

you might win.

ok!!! Lol

 

[Stormy42]

Maybe best not to gamble though. Mrs likes this approach a bit more!

 

[Stormy42]

I have never won much at all when gambling, I guess if I did then would think different.

 

[EnlightenedJoe]

Maybe best not to gamble though. Mrs likes this approach a bit more!

This is why she let you bet on gold.

 

[Stormy42]

This is why she let you bet on gold.

YES! your sense of humour has just got my family rolling about! fair play

 

[Dowser]

RIP Wabu's trading journal...

 

[itspossible]

gambling is an acceptable option if that is the only option available. Also losing money isn't completely terrible. When it's all gone, it allows the gambler to move on. Otherwise he's stuck in a limbo and unable to be productive.

bullshirt fool

 

[EnlightenedJoe]

YES! your sense of humour has just got my family rolling about! fair play

You earned it. If it wasn't for your gold call, I wouldn't have traded it and made some.

 

[Stormy42]

You earned it. If it wasn't for your gold call, I wouldn't have traded it and made some.

Cheers for that. I'm looking for new trades today but market a bit slow. Just watching now to be honest.

 

[EnlightenedJoe]

Cheers for that. I'm looking for new trades today but market a bit slow. Just watching now to be honest.

The german market is closed. That takes away some action. Current BS is about $ rise and oil decline.

 

[Stormy42]

The german market is closed. That takes away some action. Current BS is about $ rise and oil decline.

Looking now.

 

[Stormy42]

Its too hard to call, might just not trade today.

 

[Stormy42]

I took a $115 Call on Equifax today. (expire Nov) that's about it.

 

[EnlightenedJoe]

I took a $115 Call on Equifax today. (expire Nov) that's about it.

The indices are still rising. So the odds should be in your favour. I just stick with universally tradable instruments. I like short wheat, but the current price is not high enough.

 

[Stormy42]

The indices are still rising. So the odds should be in your favour. I just stick with universally tradable instruments. I like short wheat, but the current price is not high enough.

Agreed.