Recent content by elwalvador

The reason why most people fail is because trading requires people to do the 2 most difficult things in life. To think and then to have to make decisions. Most people are to lazy to be bothered by having to use their brains and make tough choices. Which is why most people do what other people...

I'm certainly not going to chase stocks like NVAX, up 138%, or GNBT, up 44% but I still believe other "Swine Flu" stocks still have a lot more upside. Why? Because most traders/investors were to busy reading through Geitner's stress test to notice these little piss ant penny stocks surging on...

So what should we do, move to China? That what Jim Rogers did. (I think that's his name, co-founder of with Soros of the Quamtum fund)

Last semester I used to drive through the city to get to school because the highways were all jammed up in the morning rush hour. Now, I take the highway because the volume of traffic in what should be morning rush hour is equivalent to the traffic of a Sunday afternoon. Plus my local mall just...

I'm not looking for love. Apparantly, I challanged some kind of "Trading Orthodoxy" by questioning the belief/theory that 90 percent of traders fail, and yet no one has decided to drop some knowledge on the village idiot and elucidate me on how that statistic is true. However, I'm beggining...

You're clearly looking for a fight. Unfortunately, for you, I didn't come to this forum to start internet fights. Find somebody else to fight with cause it's not me.

I'm asking so I can learn, and your not giving a good explanation of how or why that statistic is true. You've simply vaguely compared day trading to Vegas. What game in Vegas are you comparing it too, poker, rouelette? If you don't have any useful information, STFU.

I don't get it. Isn't there always an equal amount of buyers and sellers. For every buyer there is a seller. How is it possible that the ratio of winners and losers closer to 50-50? I ask this same question on youtube 90 percent of traders lose money in the markets...

One thing I don't understand is, how can the popularly touted statistic that over 90% of traders lose money in the market be correct? If there is always a buyer for every seller and visa versa shouldn't that mean that at any given time half the people are holding a winning positions and the...