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Created: 01/18/2014 07:46:18 PM - Followers: 1 - Board type: Free - Posts Today: 0
**Warning**

Iliad makes most of our plays, he is awarded lollipops when we make money!
Iliad makes most of our plays, he is awarded with lollipops when we make money!



About myself as a trader:

I started trading around the winter of December 2009 while in Iraq as an Infantryman.  I wanted to find away to make money, and pass the time while I wasn't on a mission.  The down side to this was the time difference between New York and Iraq, I didn't manage to get much trading in but I was able to read many books, and when I did trade I was able to mostly lose money...... But I did learn from these trades.  I now trade with a mixture of fundamental, and technical analysis, as well as social opinion, and trying to find pump plays on occasion before the actual pump starts.


You can get my calls in real time on my twitter
@SonicScalping

http://stocktwits.com/SonicScalping

Or

http://www.linkedin.com/pub/shawn-biter/8a/4b6/a6b




My initial plan was to get into the stock promotion business, but after some contemplation decided it really wasn't for me, I did get one promo job
and when they saw the big alert saying 
"compensated" at the top of the mailer they decided
they didn't want my services and thats when I realized the integrity level of most 
Penny CEO's

I now work as a prop trader and focus on Big Board stocks, with this new career path and incredibly large change in buying power I will no longer focus on Penny Stocks, if you are still interested just follow the above links!
 
Favorite Market Quotes:

"If you personalize losses, you can't trade." – Bruce Kovner.

"The best traders have no ego. You have to swallow your pride and get out of the losses." – Tom Baldwin

"My basic advise is don't lose money" – Jim Rogers.

"I'm more concerned about controlling the downside. Learn to take the losses. The most important thing about making money is not to let your losses get out of hand." –Marty Schwartz.

"I'm always thinking about losing money as opposed to making money. Don't focus on making money, focus on protecting what you have" – Paul Tudor Jones.

"If you have an approach that makes money, then money management can make the difference between success and failure… … I try to be conservative in my risk management. I want to make sure I'll be around to play tomorrow. Risk control is essential." – Monroe Trout

"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."
Jesse Livermore

"The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance."
Ed Seykota


"The basic concept that applies to both poker and trading is that the primary objects is not winning the most hands, but rather maximizing your gains."
Jeff Yass

Life is not holding a good hand; Life is playing a poor hand well.

"As humans we do not come equipped to deal with the variety of randomness that is around us every day. Many professions deal with making processes and things work reliably. We are taught to strive for perfection, for high scores in school and in sports. This can be a handicap to traders. There is no perfection in trading. Instead traders must put probability in their favor."
Larry Sanders

"Understand that learning the markets can take years. Immerse yourself in the world of trading and give up everything else."
 






 
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#3
Prop Trader as of 01-25-13 if you are Thinknot 01/27/2014 11:43:35 PM
#10 Hey ThePennyDude PTLIAMHIS 02/10/2014 10:32:58 PM
#9 :) I just use most of my skills on Thinknot 02/04/2014 02:50:00 PM
#8 ThePennyDude I am sure many roads can led to PTLIAMHIS 02/04/2014 02:45:12 PM
#7 No problems man, he was my one on Thinknot 02/04/2014 02:33:06 PM
#6 ThePennyDude I agree with you 100% about Jake! PTLIAMHIS 02/04/2014 02:23:39 PM
#5 Thanks so much man! I cant guarantee Thinknot 02/04/2014 12:29:56 AM
#4 ThePennyDude What a kind thing to say about Jake. PTLIAMHIS 02/03/2014 06:20:18 PM
#3 Prop Trader as of 01-25-13 if you are Thinknot 01/27/2014 06:43:35 PM
#2 Thanks man, just recently got hired as a Thinknot 01/27/2014 01:04:42 AM
#1 Nice board. marked and GL 90 West 01/21/2014 09:31:53 PM
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