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Search: Posts Made By: Big Mike

Forum: Psychology and Money Management

April 16th, 2012, 03:02 PM

Replies: 65

The market is not out to get you

Views: 14,711

Posted By Big Mike

Is it manipulation to negotiate a lower price for...

Is it manipulation to negotiate a lower price for milk, because you are buying 1000 liters of it at a time? Or should you pay what Kroger lists on the shelf price?

Mike

Forum: Psychology and Money Management

April 16th, 2012, 03:29 AM

Replies: 65

The market is not out to get you

Views: 14,711

Posted By Big Mike

Other traders, individually, are out to get you...

Other traders, individually, are out to get you in a way. I need to take your money in order to put it into my wallet. For me to win, someone has to lose.

But when people say "my stops were run"...

Forum: Psychology and Money Management

March 9th, 2012, 05:31 PM

Replies: 65

The market is not out to get you

Views: 14,711

Posted By Big Mike

I've always felt it is not a true zero sum game,...

I've always felt it is not a true zero sum game, because the broker is the house, and the house always wins... (equivalent to zero/double zero on Roulette wheel).

Mike

Forum: Psychology and Money Management

March 8th, 2012, 07:17 PM

Replies: 65

The market is not out to get you

Views: 14,711

Posted By Big Mike

The institutions may not care about 1 single...

The institutions may not care about 1 single retail trader trading from his mom's basement in his underwear, trading 1 lots.

But when thousands of retail traders all behave similarly, that adds...

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What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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