And another day trader bites the dust

[qlai]

Except they are not on youtube. WhyTF would they be

Fame? Connections? Opportunities? Fun?

 

[Tradex]

Except they are not on youtube. WhyTF would they be.

 

[deaddog]

The idea that "long term" trading is "better" than swing or day-trading is absurd to the extreme.

Give the same exact trading system and the same exact capital to 2 traders (the long term trader and the day trader) and the day-trader will ALWAYS end up with more money than the long-term trader, at the end of the year.

Why is that? Isn't there a study somewhere that shows most of the moves happen when the market is closed?

 

[Tradex]

Fame? Connections? Opportunities? Fun?

Perhaps, but when was the last time you saw Buffet or Soros on Youtube?
Did they ask you for a "Like" or to hit the "Subscribe" button?

Seriously.

 

[Tradex]

Isn't there a study somewhere that shows most of the moves happen when the market is closed?

??

No.

 

[qlai]

Perhaps, but when was the last time you saw Buffet or Soros on Youtube?
Did they ask you for a "Like" or to hit the "Subscribe" button?

Seriously.

That’s because this generation communicates via different medium. May I remind you that both Buffet and Soros do lots of publicity.

I was listening to an awesome speech by Schwarzenegger where he detailed his path to success. One of the items was : Werk hard during the day, advertise hard at night. In other words, make sure others know how hard you work.

 

[Tradex]

May I remind you that both Buffet and Soros do lots of publicity.

Yes, but they didn't earn their billions that way, come on.

 

[qlai]

Yes, but they didn't earn their billions that way, come on.

Well, my theory is that when these YouTube guys start, they don’t make enough from trading initially. So they try to have multiple streams of income like books, videos, rooms and it just catches on and turns into something like this:

https://www.peakcapitaltrading.com/

 

[Tradex]

So they try to have multiple streams of income like books, videos, rooms

True , but nothing wrong about having multiple streams of income, even if you are already a successful trader.

 

[SunTrader]

That’s because this generation communicates via different medium. May I remind you that both Buffet and Soros do lots of publicity.

I was listening to an awesome speech by Schwarzenegger where he detailed his path to success. One of the items was : Werk hard during the day, advertise hard at night. In other words, make sure others know how hard you work.

Except Schwarzenegger was in the business of selling himself to the public. Watch my movie.

Traders trade, not sell themselves. That is the whole point. Work for yourself. No employees, no inventory, no customers, work from anywhere anytime etc.