Comments on: The Market Doesn’t Give A Shit About You

By: Chart Shark

Chart Shark — Tue, 27 Oct 2009 18:50:33 +0000

You’re right, discipline is key.

Every move of your account depends on your strategy & discipline. Every move of the market does not. They are discrete entities. Doesn’t matter what type of trader, or investor you are.

You are also right that I am a momentum trader, and not an investor. I give my money to people who are smarter than me for investing purposes.

By: Code

Code — Tue, 27 Oct 2009 18:13:07 +0000

Sounds like words from a mo-mo trader. Not words from a passive value investor. Every move depends on your strategy. Discipline is the key.

By: Chart Shark

Chart Shark — Mon, 28 Sep 2009 22:07:13 +0000

Thanks for the reminder. I’ll have to find a suitable photo so I can test this clickability theory. Look for it in the sidebar soon.

By: today – close aqa « tradersams blog

today – close aqa « tradersams blog — Mon, 28 Sep 2009 14:25:56 +0000

[...] the market doesn’t give a sh!t about me – I read it at Chart Shark. He seems to write very clearly a number of things I keep [...]

By: tradersam

tradersam — Mon, 28 Sep 2009 13:41:43 +0000

Very succinct. I enjoyed your clarity. Profitable trading seems to stem from the game that is between what you can control and what you cannot in the markets.

As an aside – I note you haven’t followed up on your response to Michelle B’s comment.

By: Chart Shark

Chart Shark — Tue, 22 Sep 2009 15:00:42 +0000

Thanks, Mark.
I wouldn’t make the mistake of thinking I know what I’m talking about. It could be detrimental to your portfolio.

By: Mark

Mark — Tue, 22 Sep 2009 01:42:37 +0000

This is great, finally someone who knows what they’re talking about. “Harmonize with your host” — well said.
Mark´s last blog ..BreakoutStocks: New breakouts for $PALM today, good stats http://tinyurl.com/n6kmrt

By: Chart Shark

Chart Shark — Sun, 20 Sep 2009 02:48:05 +0000

Definitely, Bob. Stops are a very useful part of any strategy.

Thanks for commenting.

By: bob

bob — Sun, 20 Sep 2009 02:45:18 +0000

its all about stops. they protect you from your ego.

thanks for sharing your insights

By: Chart Shark

Chart Shark — Sat, 19 Sep 2009 01:41:47 +0000

You are correct on both man and person, Nick. Glad you enjoyed the post. Your comment reminds me of a great financial quote about stubbornness.

“The market can remain irrational longer than you can remain solvent.” John Maynard Keyne

Don’t let those losers put you out of business. Thanks for commenting.