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TFC Commodity Trading Forum

Re: ugaz, UgoMan!
In Response To: ugaz ()

You the big money maker on this board. Running large and pushing big. Congratulations! I am always in awe of the filthy rich trader making bookoo bucks, mucho moolah. You only do the natgas or are there other winners you not telling us about? Once again, congrats. I got on with you back when, but got off the train with pocket change and watched it take off like a jet plane. Got on again, just to get off with chump change again, repeat seeing it take off without me. Finally a third time, did it and yup, got out with a few commisions profit and gazed as it flew off in the distance.

No Secret, You The Man!

Speculator Jesse Livermore:
After a wild and lengthy rollercoaster ride as a speculator, Livermore believes he has found the secret to his success. It’s obvious he’s excited by this discovery, which he eagerly shares:

“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!

“It is no trick at all to be right on the market,” he adds. “I’ve known many [traders] who were right at exactly the right time, and began buying or selling stocks when prices were at the very level that should show the greatest profit. And their experience invariably matched mine; that is, they made no real money out of it. [Traders] who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make the big money.”

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ugaz
Re: ugaz, UgoMan!
Re: ugaz, UgoMan!
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