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  1. cornix

    Day trading is losers game

    What makes you think there are as many retail traders as 100M people? And among those, how do you think, what is the probability of someone being just "lucky" having say 60% win rate with 1:1 R/R after thousands of trades happened during years?
  2. cornix

    Day trading is losers game

    Why did you decide my intention is propaganda? :) My intention is not to let distortion of reality happen. I got what you mean. And agree about 90%+ losing. Now tell me, what % of athletes who try to make a career in sports become Olympic winners? No need for exact numbers, just how do you...
  3. cornix

    Day trading is losers game

    I changed the question because it's not important how many is "many", whatever you find large enough sample. :) Did I understand you right, that you admit: among all retail traders there can be some who are consistently profitable after making many (thousands) of trades?
  4. cornix

    Day trading is losers game

    It demands even harder work than learning how to trade. :D
  5. cornix

    Day trading is losers game

    SSSS, What if you see LIVE CALLS right in front of your eyes, many live calls in a row... Would you believe trading is possible then?
  6. cornix

    Day trading is losers game

    There was no propaganda, there was a QUESTION to you: IF you see such a statement, would you believe retail trading is possible? You never answered just "yes" or "no", so who's doing propaganda here? :p Still have no idea how PFG case is related to the fact if trading possible or not. :)
  7. cornix

    Day trading is losers game

    How is particular brokerage scam related to ability of a trader to trade profitably?
  8. cornix

    Day trading is losers game

    I don't care much to prove anything here or anywhere else. My methodology is so simple monkey could follow it and make money. :D Trading and particularly talking with people interested in trading gives invaluable examples of how human mind operates, because circumstances of uncertainty...
  9. cornix

    Day trading is losers game

    What an excellent example of pre-set beliefs with amazing ability to adapt any new information received from outside so that it fits those beliefs. :)
  10. cornix

    Day trading is losers game

    What if say, EURUSD trader presented you a track record of consistent winning after 1000 trades? Would be "sponsored by the broker" I guess? :D
  11. cornix

    Day trading is losers game

    Ego issues can hurt even worse than actual money lost. Relates much to trading as well.
  12. cornix

    Day trading is losers game

    Yea, a lot of mental strength is needed to keep responsibility and objectivity during periods of losing. P. S. Wonder if Zuckerberg now blaming FB dump on stupid users who don't click ads often enough. :D
  13. cornix

    Day trading is losers game

    Same old story. Game is rigged so you can't win. :)
  14. cornix

    Day trading is losers game

    Yea, someone's English definitely needs refining... :p
  15. cornix

    Day trading is losers game

    SSSS, You won't escape. :D Whatever is "many", let it be 1000 trades with average hit rate of 60% and 1:1 R/R. Would such a statistics make you sure retail trading is possible?
  16. cornix

    Day trading is losers game

    I see... Well, almost deflation currently even with zero rates, so... :) Of course all those QE's will eventually lead to hyper-inflation as econ starts to recover, but that's quite a long-term bet I would say.
  17. cornix

    Day trading is losers game

    Yes, long volatility, that's what I thought when you mentioned Taleb (aka Black Swan I assume :) ). Not sure @ long interest rates of ECB, though, considering the current fundamental context. But that's your game, you must know better. :)
  18. cornix

    Day trading is losers game

    As you mentioned Taleb does it mean you mostly are net long?
  19. cornix

    Day trading is losers game

    I'm too lazy (Russian, you know :D ) to analyze options lately... Agree on psychology, would recommend Mark Douglas on the matter, good stuff worth reading too.
  20. cornix

    Day trading is losers game

    Never read anything particularly related to forex, besides Cornelius Lucas (forgot the exact name, "Trading the Currency Market" or like that). But that book is more of a descriptive nature than actual guide for a trader. My stuff is based on... Edwards & Magee (who could have guessed...
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