Thanks.
Am I Wasting My Time?
- Thread starter Tall Mike
- Start date
I thought the same thing but then I wonder how many kids may have become injured (e.g. broken neck).
Next, I then wonder if a place like that make parent sign a "no liability waiver".
wrbtrader
Your instincts are correct.
You can win too. Ever tried?
most people lose cause they have no risk management. and take too much risk.
as for trading for a living
this business sucks
$100,000 is more than enough to trade for a living.
people lose cause they want to make 10X their money in a year. or undercapitalized
i guess you don't know you buy a small business for only $100,000 and make $100,000/year in salary. and much easier to make money than chasing rabbits in rigged horse track. and being whipped around and fucked around by market makers and algos or own the market. with negative pricing BS.
the exchanges used to owned by members and rules made. for the members..and members can abandon the NYSE, nasdaq, or CME and start their own BS exchange. without the broker/dealers the exchanges have no business. but gov't controls the 'racket' now with gov't requiring you to take these series 7 and pay big bucks for exams and etc.regulatory fees. you dont need no no SEC with that much fraud going on.
as for trading for a living
this business sucks
$100,000 is more than enough to trade for a living.
people lose cause they want to make 10X their money in a year. or undercapitalized
i guess you don't know you buy a small business for only $100,000 and make $100,000/year in salary. and much easier to make money than chasing rabbits in rigged horse track. and being whipped around and fucked around by market makers and algos or own the market. with negative pricing BS.
the exchanges used to owned by members and rules made. for the members..and members can abandon the NYSE, nasdaq, or CME and start their own BS exchange. without the broker/dealers the exchanges have no business. but gov't controls the 'racket' now with gov't requiring you to take these series 7 and pay big bucks for exams and etc.regulatory fees. you dont need no no SEC with that much fraud going on.
only 1% of people have over $100,000 in their brokerage accounts.
most of the volume is in the micros now. with leverage or initial capital of less than $2000 to trade on contract. even a high school can raise $2000 or $5000 to trade these futures contracts...without these small fish,,the big fish won't have anyhing to eat. in the food chain. the shark eat the small fry in the ocean.
and because you have $100,000 , you are a 'marked man' if you know what that means.
most of the volume is in the micros now. with leverage or initial capital of less than $2000 to trade on contract. even a high school can raise $2000 or $5000 to trade these futures contracts...without these small fish,,the big fish won't have anyhing to eat. in the food chain. the shark eat the small fry in the ocean.
and because you have $100,000 , you are a 'marked man' if you know what that means.
I was just acknowledged you were a much better trader than I. You have my respect sir.
I don't think one needs to be a good trader.
I'm not a good trader as such but I have a good (imo) strategy which compensates for lack of having a brilliant quick sharp mind and memory which I lack.