A retired stockbroker tells me why most retail investors lose money
- Thread starter Market_Observer
- Start date
PnL...what's that? No one has that here. I'm a failed paper trader just like BlueWaterSailor, SimpleMeLike, JackMorgan, Pekelo, Do8, Overnight, TheDawn, KCalhoun, schizo, Nooby McNoob, WRB, Krankenite, TaoWave, SunTrader, Maxinger, Millionaire, SmallFil, Nobert, El Ocho Cinco, TraderCurt, and everyone else.
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You must have been seriously neglected, abused, bullied, etc. as a child for you to have become so insecure and miserable that you feel it necessary to create an alter-ego, one in which you profess to be a genius trader, all in a failed attempt to gain whatever acceptance, status, and self-esteem you can dredge up. You seem immune to the fact that what you seek must be earned.
And from where do you seek your desired positive feedback? From the bowels of ET, which for someone like you, can be likened to a walk through the Valley of the Shadow of Death -- yet you fear no evil because your alter-ego is with you.
As I've told you before, you suffer from narcissistic personality disorder (NPD). And you are worse now that you were in your past incarnation as SPXOptionsTrader, partial proof being all the lies you tell, which only serves to earn you the exact opposite of what you seek. One such lie: You now claim to have only started trading this year, but you, as SPXOptionsTrader, were posting all the same trading nonsense here on ET last year before you were kicked off the board.
So, no, you aren't a genius trader. You aren't even a trader. But some around here are, such as @BlueWaterSailor , @taowave , @MrMuppet , and a few others, the very ones whose abilities you question. Not only do they know what they're doing, if approached with respect, they can be extremely helpful to others.
You have wrapped yourself in an NPD death shroud, which was a really bad trade. It's way past time to stop yourself out.
I am both a real trader and a paper trader. My real journal is where it has always been, in the Journal section. I also have a paper-trading journal in the Psychology section which has not been updated in years, because it is a pointless exercise.
Interesting to learn that you are the previously-banned nick SPXOptionsTrader.
You are a sad person, to go from such a reasonable nickname to such a retarded one. You are, in effect, a ho narcissist.
Wait...Wut???
MBpHo is the reincarnation of that bumbling stumbling idiot SPXoptionsTrader???
MBpHo is the reincarnation of that bumbling stumbling idiot SPXoptionsTrader???
I've been following this thread.
I don't see much value for a person to try to impress others with his prowess as a trader. Personally, if I'm really a good trader, I think it's more useful to share some insights picked up along the way rather than talk about how good one is. Maybe someone else will share their insights and we get a win-win exchange. Merely boasting about how much one has earned from trading invites resentment and envy. Where's the gain in that?
If I'm not a good trader, then I would rather talk about losses. Have the experts here criticise the failure and learn something from it so that I'm on my way to becoming a better trader.
I don't see much value for a person to try to impress others with his prowess as a trader. Personally, if I'm really a good trader, I think it's more useful to share some insights picked up along the way rather than talk about how good one is. Maybe someone else will share their insights and we get a win-win exchange. Merely boasting about how much one has earned from trading invites resentment and envy. Where's the gain in that?
If I'm not a good trader, then I would rather talk about losses. Have the experts here criticise the failure and learn something from it so that I'm on my way to becoming a better trader.