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When was there any doubt that the luckiest SOB with the least regard for his own skin won these trading contests?

Every day is an 'all time high'. You can only look at those with the benefit of hindsight. Why must there be a recession? Everyone is locked up in the business cycle.

Probably the biggest thing traders and poker players have in common is that they must live off their profits and they also both have to use risk management for their money. It's not something minor because at the core the trader and poker player try to do the same thing.

Why do people come to the conclusion that to be successful scamming people is the best way to do it? It's the worst day to do it.

Whatever, more opportunities for everyone else.

Not at all, I form my ideas when I get several pieces of evidence from multiple sources and am very open minded. The biggest factor for me is that again and again people who claim to be gifted turn out as frauds, the history is riddled with an actually bigger number of fakes than reals(or should...

I'm slowly unleashing the power of my mind but I'd like a bit more explaning on how developing yourself netted better trading results. Surely you all spent time trying to understand the <I>market</i> better too right? I understand is it important to set becoming a successful trader as a goal...

Predicting the next 5 seconds.. we do it everyday thousands of times and once it might come true and OMG ESP. The history of fortune tellers and psychics is riddled with more hacks and frauds than real ones. If anything that guy who controlled the weather should of picked up trading, he really...

Hi I'm new, well anyway... I just wanted to say that grob, almost no one reads your posts, even those who try to read them just because it all sounds really smart. Well I should of figured out it was from an older person. In business, and that's really the best example I have, people want it...

But what is it that you learn while studying charts, repeating patterns? That's technical trading, I'm not too confortable with that stuff, the psychological stuff seems more grounded to me.

So what does studying charts do if you have no idea what it means. I was thinking of looking at charts from early on, but all I see are ups and downs. What is it exactly that you try to understand by looking at charts, what people were thinking at the specific price points? You need the...

Hi I'm a newbie currently in the same position as our fellow here c.chugani and my ambition is to be a career trader. I'm 21 and currently in the middle of a Economics degree and I've started reading some of the ressources online and understand a bit how important it is to be objective on top...