Posted by: Samsara July 24, 2008
Making Money with Eminitrader
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emini, hope your hiatus from here is temporary as it would be a total loss for all traders and the other wannabes we have here in sajha.  Hoping to see you soon bro.

Thapap, finally someone who understands the importance of hedging!  Its been too long that people here have been playing with naked calls and puts and that is not the way to go...I'd rather go to Vegas with all that cash to burn if I was to take a 50-50 chance.  Time to make idiots like latoboy understand that trading is all about making youself have the better advantage using all the information available and more importantly, making sure your bets are hedged if the market turns against you.  Can't believe that the dude talks about trading outrights and complains he is losing his shirt.  I've been in this biz for 4 yrs now and I've noticed that for the best traders out there, trading is 10% market analysis and gut feeling, while its 90% money management.  Latoboy, If you cannot do this, then stick to your day job as an IT professional (or were you laid off recently). 

Good job there, thapap!

 

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