99% of traders are philosophers, especially after losing money. Their conclusion invariably is that the market makers are unethical and conspiring against them.
Should market makers take the TETHICS pledge? Traders Ethics
Are traders bored?
- Thread starter traider
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Should market makers take the TETHICS pledge? Traders Ethics
"Coffee is for closers only!"
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no you bored mofo. you do something with your damn life instead of jacking off to charts all day
j/k bro..but seriously, get a hobby and set some goals!
We market speculators collectively make markets and provide liquidity to the markets. In doing so we absorb risk making participation less risky for more conservative market participants such as investors and hedgers. In return, we reserve the right to profit from our speculations. To someone who believes in a capitalistic system, there is nothing unethical about this. And I am certainly not alone in sharing profits with charitable interests as well as with family and friends.
As far as bored...no, when things are slow I pick up a guitar and run scales or practice riffs or get up and do bits of wing chun, tai chi or qigong form. I also watch music, martial arts, inspirational or philosophical videos on YouTube. I like my life.
As far as bored...no, when things are slow I pick up a guitar and run scales or practice riffs or get up and do bits of wing chun, tai chi or qigong form. I also watch music, martial arts, inspirational or philosophical videos on YouTube. I like my life.
I actually am a philosopher. I got my degree from UC Davis! But I never took the Ethics courses....99% of traders are philosophers, especially after losing money. Their conclusion invariably is that the market makers are unethical and conspiring against them.
There are ALWAYS plenty of fresh new trends each day.
Put a simple 200-period moving average on enough charts (stocks, futures, Forex) and you will find them.
Now go get them Tiger.
Real traders are never bored. They are always studying and researching the markets uncovering and waiting for the new/next opportunity(ies).
The fed have made it boring, but also easy which is ok. Get long ES. Close when happy with profit. Rinse and repeat lol
Until you get months-long drawdowns by buying at ATH. So not so boring.
You know the cliche'...Daytrading (or flying or golfing or whatehaveyou) is 95% sheer boredom punctuated by 5% sheer terror.
Swing trading at ATH is the opposite. (95% sheer terror (drawdown) punctuated with 5% sheer boredom (wimpy profits).