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Ok, yes makes sense that was my question. I realize you did not directly or even indirectly correlate the two, I just assumed you may be doing that, but that clears it up.

Well are you trying to show or prove that you're more intelligent than others here, they're just stupid or generally just trying to educate? I ask this because if we're taking people at face value there seems to be successful traders that aren't in full agreement with you. Most people only...

That was pretty funny well done. Yeah, I am no longer debating on betting against the bad traders, you've made your points well, in good humor and they are at the very least solid. Well done, I totally understand how at the very least in reality it's not really plausible to do what...

Your claim is that your risk / reward is so good, that you need no edge or at least no other edge to be profitable. To me this is more impressive than someone saying they have an edge via being able to identify patterns in the market. As pinabetal brought up there are absolutely people...

Yes, I understand your point regarding the impossibility or at the very least the extreme difficulty in reality to just bet against the bad traders, point is well taken and I won't go into any theory about that as it will not benefit either of us. The stock market is not akin to Vegas in...

OK, than maybe I should use the word "probability". I get using the correct word is important, no doubt, so let me correct myself. There's virtually 0 probability a dinosaur will come out from around the corner. Just like the probability for a trader with negative emotional trading issues...

What? You're saying the only edge is risk management? and the other things you listed? There's no edge to be gained by using indicators? or understanding what pattern the markets are currently in via price action?

lol, well I think we're getting stuck on the term. But we know clearly know some people have an edge and according to a lot of people on here if no edge than it's a 50/50, but how is it possible or even probable that there aren't people out there that have such a bad mental state, bad habit or...

Yes, especially with a more means reversing market they can do well, until a big move takes them out, via time like you said. That's very logical and makes sense. I've traded with someone who did this and was extremely profitable and managed to stop doing it before being wiped out...

Three traders. Trader #1 has an edge and uses it to make profits nearly everyday net positive. Trader #2 Is just trading the markets long or short, doesn't really know why just does what he feels like. Kind of care free. Trader #3 Very fearful of losing money, hates to take a loss, will...

Thanks for taking the time to further explain.

Don't see why Vegas would care if I came or you came, if the odds are the same for them to win vs us both. I don't see how that's a valid comparison or point. Also, how are his odds 50%? There's clearly things you can do in the stock market to get a pretty strong edge, that's why there are...

Like I get it, I am just having a little trouble accepting it. Because clearly as in my example his chance of success would be so low no? So, if you put him on paper and traded against him on real, it just seems like such a great plan, lol but I digress.

No, I am not trying to dispute or argue, more just thinking out loud. I completely understand what you're saying. But for example let's say you know a trader who has 2 year track record of consistently losing money. You give him (just for an example) $50,000.00 and tell him he gets to...

Well you wouldn't tell the bad trader that it's paper you'd have him trade on what he thinks is a real account. But I understand your point. EDIT: Also, I don't believe everyone is good on paper either. but I don't really have solid proof of that.

lol. Has there ever been a verified study or record of someone finding the worst traders possible putting them on a paper account and than trading against them in a real account?

Could be my lack of brain processing power for sure, but not sure I understand. Anyway you can dumb it down for me? lol

I don't think it matters who was Fed chairman, the general consensus was they wanted lower rates. We decided to go down a certain path as a country and they weren't going to deviate from that, as part of the overall plan required lower rates. I find it hard to believe it's really up to her...

That's interesting, I find ES futures one of the most efficient things to trade due to the stability and has the least amount of divergence from repeatable patterns, than anything else I've seen.

It'll be interesting to hear the answers, I've never been able to trade well based on news or relating to economic factors. I'd argue fully understanding economics at a high level is even more difficult than becoming a top trader. There's so many variables to factor in and than trying...