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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Why do you think I am 'sorry'? Sounds like an emotional response and not a search for truth. I have evidence to the contrary. Logically, I am sure some of these individuals have a profit motive/self-interest? If I gain a skill that is worth $x over y years then I (and many others) can invest...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Schweiz...your response doesn't make sense. There can be advantages like attracting capital, emotional rewards (like an ego boost) from showing a P&L. If someone is 'for real' they should have no issue with showing you the objective numbers. I am not talking about their trading strategy (that...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Elochocinco, believe me I have no sense of entitlement and I forgive you for the expletive.You picked me up wrong. Rather than being another person on the 'losing side of a trade', I chose simply to work within the industry. I methodically studied the industry from the inside out for a number...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Without realizing you proved my point. 1. The guy you mentioned. Started as an entrepreneur/had a hard marketable skill/product then used compounding and value investing. Not a trading. 2. Paul Tudor Jones, Steven Cohen and Ed Seykota. Again you prove my point, the 'momentum trading' strategies...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Thanks for your responses. 1. I had a similar experience in my role as a stockbroker to 'Tickmagnet'...the speculators always lose in the end. They sometimes briefly shine with profits but if they keep trading they always lose. You can point at outliers (while they briefly shine) but an...
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    Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

    Bear with me on this one... Ultimately, as traders we are looking for risk/reward, managing our resources (including finite time) and risk... and making a profit. I have working both as a stockbroker, portfolio manager, in sales and also within the brokerage industry on behalf of platform on a...
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