I'm not sure it's even out there? there's nothing about it on the Mojo site...
I just hope Timmy will be back in the third season. Cause, "seriously, you're awesome, Tim!"
What a twat.
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Evolution in many - if not every - fields of life (science, society, business, sport, etc) starts with dreams and ridiculously small probabilities of success. If we had to only take the sure paths in life we'd probably be having this discussion in a cave. And it wouldn't be about stock trading...
First of all, Wall Street guys vs Average Joe comparisons are often monochromic, and thus simplistic. Relaity is more complex: not all prop desk or hedge funds make money and not every average joe trader loses, allthough a vast majority does. For the sake of the discussion and to keep it simple...
JPM's Silver big short position is old news, but this should add fuel to the fire.
It was a strong buy though in March/April earlier this year with the whistleblower Andrew Maguire story when Silver was trading 17s.
Alcohol removes pain and fear so I can understand why someone who has issues pulling the trigger or holding a trade would drink. On the other side, the danger is the careless, complacent attitude that goes with it. I have traded under that influence a couple times and I noticed I was enclined to...
The whole thing is just an ego trip IMO. It's easy to impress 10K accounts folks with a 30/60 cars trade. It's a loser trade - he impressed the newbs and gets some sympathy. It turns out to be a winner - he impressed the newbs and becomes a hero.
It pretty much sums it up.
There has always been traders who belittle psychological aspects of trading. To my knowledge they are either:
1) Automated traders
2) Discretionary traders who are not aware of or not willing to acknowledge some of their weaknesses
4) Traders who worked unconsciously through their...