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It means you need to stick to the rules if you want to lose the extra weight. Same goes with trading; Successful traders only go for highs odds, high quality set-ups not high risk and volume trading. It is easy to understand why, the endless and ongoing possibilities of day trading, the potential to make a lot of money in a very short period of time. Over trading is one of the most common mistake a trader can make, they think that the more they trade the more chances they have of making more money.
It is about knowing how to identify high quality trades, regardless of whether you are a scalper, a gap trader, a trend trader and regardless of the time frame you are trading on. And, if you are serious about trading for a living or just to increase wealth, there is good news for you. Overtrading has a cure: it is called "journaling. At the end of the trading day, every trader must evaluate their trading.
The process of journaling will provide you a blueprint of your trading behavior. Rookie traders will soon notice which strategies work for and which do not, what are the best trading times, what the most profitable set-up is and the overall behavior. A trading journal will help rookie traders always monitor and reflect on their trading actions. There are no side effects, but if not taken daily, a rookie trader's account will result in continued losses.
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Good traders only have two or three amazing trades a week where they meet and most often exceed their weekly goal, followed by some break even days or even losing trades. It all comes down to knowing how to manage the trading day, especially the losing days. The loser days should never erase the winners. Having the discipline to correct mistakes will transform a rookie into a good trader and help them survive as a trader.
Mostly because there weren't enough of the minor leage and local cards for the bigger dealer to profit from. Steve B. I too started collecting in the late '70s and spent a ton of time talking to some of the older collectors at the shows. I actually recall a show where the dealer had marked up a bunch of cards because they were the last card of the player '76 Aaron and showed all the stats of the player. I always remember this because I could not understand why someone would want a card with no stats on it!
I really don't remember there being much of a premium for Joe Charboneau, as his career was pretty close to over before his first card even came out. Bergin Visit D. Bergin's homepage! Find all posts by D. Yeah, the Charboneau thing was brief, but impressive at the time. The area I was in had a card shop, unusual for And the Cards of all 3 companies arrived well before spring training. The premium wasn't huge, but getting anywhere from.
I did pretty well helping break down vending cases to make sets and stacks of stars and rookies.
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Sorted cards for trade value, so much a set, another bit of trade for of a certain player. Of course the guys who had paid a buck each for a hundred count - or more! One guy bought a vending box full at. And they came right back demanding Valenzuela cards soon after.
I put my trade pay into Low grade 48 bowmans and probably a t or two. Sold the Bowman set to fund a ski trip about 5 years later, so I guess I did a bit better than they did. I remember 81 as the year the rookie card really got hyped.
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Joe C. I don't remember who we looked for in 82 but I remember 83 was the year of Ron Kittle. Still have a ton of his 83 fleer cards. I look back on that now and think of how dinged the corners must have been. Luckily as a 10 year old in 81, I was vintage collector at heart and put most of my money towards tobacco, goudey, and 's. Still bought the new stuff because who doesn't like busting packs. As a kid, I collected heavily from During this time, "rookie" cards were broken up into the small panels of multiple players where you could hardly see the player.
I disliked those cards. I guess Topps did this many other years also.
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I think most felt the same way. If you look at the Beckett price guide, even as late as , there is really no premium for rookies, even the "non-panel" cards like Brett and Yount. I still kind of feel the same today, but no hobbyist can avoid the wave that occured in the early 80s over rookies, even though I lost interest in collecting at that time.
Now I am interested in cards again, and I appreciate the panel cards more now but it is still ridiculous how overpriced all rookie cards are. Rookie cards are interesting and I can see why they are somewhat more desirable, but I will never understand this extent this happened. It hasn't been the same since. Well, I really didn't start collecting 'til '86, and really don't remember a huge rookie craze at the time.
Perhaps, it was just because I was young and just liked cards in general Slowly, over the next couple of years, it seemed to sneak up on me. And while I fully acknowledge that there was a bit of a rookie card premium beforehand, I believe was the year that really sent the craze into the full blown disaster that it is now. The popularity of the '89 Upper Deck Griffey seemed to be the catalyst.
The craze really took off with the '89 Pro-Set and Score football sets containing draft picks. Classic really took things by the horns with their Draft Pick and sport sets, which only made things worse.
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Later, Bowman seemed to make their name off of it. Bowman to me, is nothing more than an industry accepted version of Classic. Prices tended to be higher as a player reached a milestone, or near the end of his career. Generally, after players retired, their cards slowly came down to their final resting place, and generally stay put after election to the Hall. Unexpected Hall calls will take a quick surge upon election, but then settle somewhere in the middle within 6 months.
I've got a '95, a , and a Beckett and I'll read off some ridiculous rookie prices compared to today's values.. It's still my favorite card but I obviously regret not waiting. Part of the drops are due to the market, but mostly you'll notice post-retirement dictating actual value. You'll notice a pattern of a players rookie card reaching their appropriate value within years of retirement Basically, what I'm getting at is that anyone waiting to buy '93 SP Jeter, '94 SP Arod, or '01 Pujols cards for their collections, should wait 'til after they retire to avoid wasting money.
Originally Posted by con Now that I think about it. Wasn't the '86 Donruss Canseco pretty ridiculous right off the bat? Or did that not hit 'til a few years later? Beatles Guy. Originally Posted by novakjr. I vividly recall the ads by New York Card Company, started by a teenager, with the help of his avid fan father, selling lot rookie cards of future superstar shortstops Sheffield and Jeffries.
The investors from that era can hardly give the stuff away. Originally Posted by mintacular. Originally Posted by theseeker. Gary Dunaier. Originally Posted by bcbgcbrcb.
Originally Posted by Gary Dunaier. If memory serves me right, the "XRC" brew-ha-ha came about because there was debate as to how "legitimate" those cards were because they weren't available in packs, only in sets and only at card shops, and there was a desire at the time to somehow distinguish them from "real" cards. I recall around that time, things started to get a bit silly.. I wish it would go back to the year that player had, to determine the value. For example, Maris' 61 card should be worth a fortune but not his rookie card.
Originally Posted by albrshbr. Examples I can think of are the Topps Johnny Bench rumored short print. Originally Posted by soxwschamp.