Recent content by OverDriven

Have any of you ever stopped to ask why there are no rich retail traders? Why the total monetary amount of account holdings with major brokers like FXCM and Oanda is so relatively small? Have you ever thought about what you're ACTUALLY buying when you pay your broker's spread/commission...

Actually it's very possible they didn't use this exact book, but it deals very much with the obvious that the OP is talking about.

Some of the stuff I read on this forum just blows me away. I really wonder what percentage of the members here are completely delusional.

For those still looking at this thread, here's a good read that the OP took much of his philosophy from: http://www.amazon.com/Everything-Is-Obvious-Common-Sense/dp/0307951790

You want me to look up relational database management system? You just love acronyms, don't you Jack? If you think that you have no opponents then you are just as lost as anyone else here. If you really believe that there aren't organizations with vast amounts of capital and an information...

Sending you a private message.

The only way it will turn around is if you literally stop acting like everyone else. Not some of the time, but all of the time. If you only do it some of the time, you will lose anything you win. The markets are designed to take money from people. The ones taking the money understand you inside...

Thanks Jack. BTW I'm not trying to take any shortcuts or bypass real knowledge. There is just a lot of knowledge out there, and knowing which is correct and which is incorrect helps one be more efficient with limited time. I don't think any of us would be doing this if there was no profit involved.

Believe it or not, it's possible to be successful and knowledgeable. I asked Jack the question because he posts a lot, and has a group of people who follow his every word. I'm just wondering if any of them has stopped to ask him if he is profitable before they spend their time trying to...

Jack, I don't mean this offensively or as a challenge, but are you a profitable trader? Do you make money month after month?

The short coming is that they have more money than everyone else. So they have to find buyers when they are selling and they have to find sellers when they are buying. Eventually the rest of the market runs out of enough liquidity to feed them. They are slow.

Jack, when you say "the full market offer", are you saying that it is possible to take what the market has to give completely? To know what it will do at every moment? Also, it seems that you would say the "obvious" is that if something isn't working, you need to stop, realize why and refine...

Something inside of you is telling you that's not true.

I don't know anyone else who has posted in this thread and I'm certainly not them. I can see why you would think that though - I certainly did not long ago. Like RN said though, it is interesting that you think that (and I thought that). You very well may be experiencing something as...

Thank you. I'll be honest I don't exactly know what NYSEStock's sideways chart thing was all about yet. That's the one part that has me a bit confused, but I'm not sure it's necessary. Anyone care to comment?