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    Why market wizards are not day traders?

    i have been a trader since 2013, laddie boy. before that i was a network programmer building viral websites. chuck norris is an idiot and a weakling. anyone who imagines strength and might are the same thing is an idiot. how many of the best traders here would agree with your implication that...
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    Why market wizards are not day traders?

    the same skills i now use for trading i used to help create corbyn. without a doubt i am one of the kingmakers who started this revolution. SAME skills i use now for trading. lesson in brain-usage - it's a vital skill and can do far more for you than create trading profits. they used to mock me...
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    Why market wizards are not day traders?

    i didn't think many people here like any of those things. naturally. i am with chomsky, i'm here to strengthen the state and overpower corporations. i have strong links to the top of the british government, the corporations and the royal establishment. basically i am the worst nightmare of...
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    Why market wizards are not day traders?

    schweiz i was actually going to also publish, at tvhobo, a precise description of how to successfully day trade. to explain to people how you do it and THEN tell them why it's harmful and why you shouldn't do it. in the end i scrapped the latter idea, i know my audience, they'll only read...
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    Why market wizards are not day traders?

    i'd just ban day-trading altogether. the fact is that as you admit it takes experience to not let day trading just blow you up. so whether or not you have experience it is a harsh thing which puts much pressure on you and can very easily harm your body and mind. i know that if an intelligent...
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    Why market wizards are not day traders?

    I'd like to believe you but I am one of the best mathematicans in the world. No doubt you are one of my peers. I predict that sooner or later you'll quit 'day trading'. When we are both 80 you and I will have the same amount of money, effectively, even if you have say 5 billion more than me...
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    Why market wizards are not day traders?

    obesity stats: https://www.bbc.co.uk/news/uk-41953530 example of trader performance from front page of ig.com: "79% of retail investor accounts lose money when trading spread bets and CFDs with this provider." so those 'presumptions' turn out to be well-researched facts (you're the one making...
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    Why market wizards are not day traders?

    and also, indulging in soap box ranting on a forum is a lot more enjoyable than watching some chart going up and down wondering if you're about to lose some money or, worse, win some and have to feel even more reluctant about the subsequent trade than the current one (don't you always get a bad...
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    Why market wizards are not day traders?

    you say people are different but really all people aspire, unconsciously, to evolve into the best human they could be, for their own sake trading is a road people may legitimately follow in our times to escape wage slavery to do that the best way one wants to avoid harming one's body the...
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    Why market wizards are not day traders?

    Well I could do that but it is my considered opinion that you probably know more about that than I. I mean you guys must have been doing all this for quite a while. Next to you I'm probably a beginner. One thing I think is interesting is that trading doesn't really attract the best...
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    Why market wizards are not day traders?

    in all cheeriness, statistically, at least about 90% of day traders lose statistically, in britain 70% of adults are overweight or obese (needing to eat isn't an accurate description of them) anyway you didn't appreciate what i was saying, which is that you make more money by doing very...
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    Why market wizards are not day traders?

    but the effort is still there and a trader can trade successfully without making it; the additional profit would be welcome, but for the fact that the 'effort' is also ill health and self-enforced slavery; you are selling your hours, one hour at a time, in exchange for money; a truly talented...
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    Why market wizards are not day traders?

    presumably because even successful day traders suffer extreme stress and health problems from their 'work' and so the clever ones (all of them) stop doing it and stick to the easy money
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    Markets are not Random

    in the short term markets may "not be random" but fat tails appear randomly, so overall being a trader means facing randomness; in my opinion the 'best methods' are ones which stop trying to see meaning in what is essentially meaningless data
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