A message to some day traders.

[Amahrix]

then what is this:

That’s a different statement, far different than saying “it’s impossible to make money in the short term”.

You need to learn what Straw Man Fallacy is. Honestly PaduTrader... Honestly, —> https://www.logicallyfallacious.com/tools/lp/Bo/LogicalFallacies/169/Strawman-Fallacy

 

[Amahrix]

then what is this:you are misunderstanding your own arguments

False. Your response is fallacious.

 

[padutrader]

far different than saying “it’s impossible to make money in the short term”.

how is it different

 

[Amahrix]

@padutrader You cannot make money, over the long run, trading daily, using inductive reasoning. I attack TA, because the tools in TA and the conclusions drawn from such tools, are based on inductive reasoning.

Perhaps, this is why you’ve blown up your multiple times.

The tools give false confidence. It’s pseudoscientific.

 

[padutrader]

I never said “it is impossible to make money in short term trading”.

then what is this:you are misunderstanding your own arguments

HOW CAN YOU SERIOUSLY TAKE A TRADING STRATEGY THAT DERIVES ITS INFORMATION FROM THE PAST TO PREDICT THE FUTURE, ESPECIALLY IF THAT DATA IS LESS THAN 1 YEAR AGO AND Y'ALL DO TRADES BASED AROUND 5 MINUTE MOVEMENT.... YOU'RE FOOLING YOURSELF!!!

 

[padutrader]

I never said “it is impossible to make money in short term trading”.

then what is this:you are misunderstanding your own arguments

HOW CAN YOU SERIOUSLY TAKE A TRADING STRATEGY THAT DERIVES ITS INFORMATION FROM THE PAST TO PREDICT THE FUTURE, ESPECIALLY IF THAT DATA IS LESS THAN 1 YEAR AGO AND Y'ALL DO TRADES BASED AROUND 5 MINUTE MOVEMENT.... YOU'RE FOOLING YOURSELF!!!

 

[padutrader]

I never said “it is impossible to make money in short term trading”.

then what is this:you are misunderstanding your own arguments

HOW CAN YOU SERIOUSLY TAKE A TRADING STRATEGY THAT DERIVES ITS INFORMATION FROM THE PAST TO PREDICT THE FUTURE, ESPECIALLY IF THAT DATA IS LESS THAN 1 YEAR AGO AND Y'ALL DO TRADES BASED AROUND 5 MINUTE MOVEMENT.... YOU'RE FOOLING YOURSELF!!!

 

[padutrader]

I never said “it is impossible to make money in short term trading”.

then what is this:you are misunderstanding your own arguments

HOW CAN YOU SERIOUSLY TAKE A TRADING STRATEGY THAT DERIVES ITS INFORMATION FROM THE PAST TO PREDICT THE FUTURE, ESPECIALLY IF THAT DATA IS LESS THAN 1 YEAR AGO AND Y'ALL DO TRADES BASED AROUND 5 MINUTE MOVEMENT.... YOU'RE FOOLING YOURSELF!!!

 

[Amahrix]

then what is this:you are misunderstanding your own arguments

That does not translate to “its impossible to make money in the short term”

Again, Straw Man Fallacy. https://www.logicallyfallacious.com/tools/lp/Bo/LogicalFallacies/169/Strawman-Fallacy

Do yourself a favor and read the examples in that link and then you’ll see the error in logic you’re committing.

 

[padutrader]

I never said “it is impossible to make money in short term trading”.

then what is this:you are misunderstanding your own arguments

HOW CAN YOU SERIOUSLY TAKE A TRADING STRATEGY THAT DERIVES ITS INFORMATION FROM THE PAST TO PREDICT THE FUTURE, ESPECIALLY IF THAT DATA IS LESS THAN 1 YEAR AGO AND Y'ALL DO TRADES BASED AROUND 5 MINUTE MOVEMENT.... YOU'RE FOOLING YOURSELF!!!