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No I do not think so. First, if you don't understand or agree with the first part ("Day-trading is a full time JOB, investing is not") then don't worry (or quote me) about what I say later. Second, perhaps it is a good time for you to look up the dictionary for the meanings of the word...

Then either I'm not expressing myself clearly enough (very possible) or you didn't pay enough attention to what I was trying to convey (people usually don't get before they are around 40's or so when it starts making sense) I never said that one is better than another. All I said is that these...

I know what you mean... the times of Windows 95... (a step up from 3.1) lol I have already seen these documentaries you linked and these are good one indeed. The Floored is nice, always liked it, but it is small part trading, more so about the demise of pits. I'm a big fan of Bulls and Bears...

I don't know what win rate is, but just like in trading, %win rate is just a number, meaningless by itself. You can have 99% win rate and still be a loser. All you have to do is puke out one huge loss. And that is what happens to majority of option sellers. It goes well until it doesn't, and...

The ones you mention are fun to watch. For the real deal, watch: and let me know what you thnik

That show is entertaining though that guy former GS or whatever is a joke. All he's doing now is trying to "teach". Nothing can teach you trading, but there are some movies out there that capture what the trading is about and give you some important clues and takeaways. Bulls and Bears is one...

And where exactly did I ever say that the problem is "day-trading"? Care to answer the other part that I asked you?

you must have misunderstood what I was inferring. That was rhetorical statement as there is no hedging instrument (the claims will need to be paid), but feel free to give specific examples. I was insurance agent over 20 years ago but what do I know.

We could argue on the meaning/difference between hedging and spreading the risk (to me hedging is not diversification). But in the end it all comes back to what you claimed earlier, that reinsurer's "don't hold the bag because they hedge". If you spread your risk, it doesn't mean that you are...

You are so focused on yourself that you failed to understand my comment had nothing to do with you personally, so I'm going to disregard your comment. I just stated simply that one can call him/herself to be day-trader by trading just a few hours a week, as much as one can work a few hours a...

Again, there is nothing wrong with what you just described. But that is not what the point is. The discussion is not whether he should be day-trading or do something else, get other job. The points are: 1. don't compare investing and day-trading, it's apples and oranges (yes both are edible...

sure you can, but similarly you can find a job working just 2-3 hours a week and call it a "job", who is going to argue with that?

You still don't get it. Day-trading is a full time JOB, investing is not. Therefore it is asinine to compute ROI on day-trader's capital.

Why? The reason I was telling (not only) you this is that your calculations while mathematically solid are POINTLESS when it comes to day-trading, as I explained earlier exactly why. There is always something else to do, there is always a choice. Time is the most precious asset you have and...

you're right, but it takes an hour or so after the Sunday prayers to find out what's cooking in the town, there is plenty of time left. With social media people are trying to find out what is going on with other's across the world, that is individuals that they will never cross their path with...

I did say that your calculations are solid, didn't I? Here is the problem though: day-trading is a "job" where you use your skill and time. Your capital is simply a tool. It is meaningless what your ROI in day-trading is unless it refers to ROI on your "brain power" or "time devoted)...

let me know which part of what I said you don't get or you disagree with and I will be happy to elaborate

What hedging are you talking about? Reinsurance is an insurance on insurance. The risk is spread (not hedged) across further for a fee, that's why it is essentially insurance on insurance. The only way to hedge would be to pass that risk on completely (insurance on reinsurance) but even then it...

While your calculations are solid, the problem here is that you are comparing apples to oranges. Investing nor even multi day swing trading can NOT be compared to day-trading. In day trading your are investing the most precious asset which is time. You can't be doing anything else when you are...

My ultimate favorite is "Bulls and Bears" (1998), oldie but a goodie. No other movie better captures the essence of trading. Distant second is "Floored"