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Omnitrader

07/09/04 9:49 PM

#113264 RE: AnderL #113260

the unfortunate thing about people on these boards is there are a lot people that are financially strapped for cash some are on the verge of bk that don’t have time to paper trade. There hoping for a cmkx type hit to get them out debt and if it doesn’t happen there dust.

Sad but true.

I knew allot of people that were in cmkx with hope & a prayer of just trying to get there accounts back up to even, forget about profits. I hope everyone sold near the top and accomplished what they needed to for financial gain.

Get ready for a ruff ride in these markets it aint going to be as ez as the last 12 months were. starting to see early warning signs of the 2001-2002 markets again. hope that goes away real quick.

This fall will tell us alot.

bottom line is if US Dollar does not rally we aint going anywhere. this will be big clue for these markets.





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Sportsjunkie

07/09/04 9:59 PM

#113265 RE: AnderL #113260

paper trading has some serious flaws..

1. you automatically think that when you say buy and sell
it is as easy as that getting a fill..

2, and more importantly risk makes you tighten up a little
bit,pressure does add an element to the game that you
cant learn the easy way...

though i use mytrack,maybe the easiest way is to sign up
to FREETRADE where commissions are dirt cheap and taker smaller risks to get a feel for the trade and better yet your ability to handle pressure...