Friday, January 13, 2006
Victor Niederhoffer and Laurel Kenner: Daily Speculations
Victor Niederhoffer and Laurel Kenner: Daily Speculations: "The Top Ten Daytrading Lies, By Craig Maccagno and James Lackey
1. I would be up money this month if it weren't for the commissions.
2. All I have to do is make two points a day, on a two-lot, to make a nice living.
3. If it weren't for stops I would have been broke a long time ago.
4. It traded my price, but I didn't get any fills.
5. The Internet went down, so I didn't get any fills.
6. My trading software was down, I didn't get filled.
7. I knew it, but I didn't trade it, darn it.
8. Trading has been great.
9. I was right, just too early, my timing was off.
10. If it weren't for that one big loss last year I would have made money.
Larry Fletcher replies:
Top trader lie: 'I don't daytrade!'"
1. I would be up money this month if it weren't for the commissions.
2. All I have to do is make two points a day, on a two-lot, to make a nice living.
3. If it weren't for stops I would have been broke a long time ago.
4. It traded my price, but I didn't get any fills.
5. The Internet went down, so I didn't get any fills.
6. My trading software was down, I didn't get filled.
7. I knew it, but I didn't trade it, darn it.
8. Trading has been great.
9. I was right, just too early, my timing was off.
10. If it weren't for that one big loss last year I would have made money.
Larry Fletcher replies:
Top trader lie: 'I don't daytrade!'"
Thursday, January 12, 2006
Saturday, January 07, 2006
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