Originally posted by sabena
Your comparision with becoming Microsoft 2 makes no sense.
Bill Gates was just a clever guy in the right place, the right
time and with the right product , with right people around him.
He was dependent from a lot of external factors around him.
And that means that luck played a very big part in his
succes.
My trading is not dependent from the character of market.
Satistically there is no correlation with the behavior of
the market.
The only thing I need is liquidity. I don't need to market
or sell my product and be dependent from the economic
climat.
When your succes is not dependent from external factors,
then that means you make your own luck, and not that
you have to be lucky.
Larry Williams came never anywhere close to what he did
in 1987 that just the prove that he was lucky.
My advice to you, follow a course probability and then maybe
you understand me if you are smart enough...
Interesting you find the need to insult my intelligence. Care to challenge me to an IQ test, boast about the schools we have been to, countries we have studied in, etc. etc. etc? Or maybe we should just whip out our dicks and see who's is bigger?
Ok, so how do you explain the fact that making the kind of money- or rather, annual percentage return would be more correct- that Larry Williams made, WITHOUT taking monster risks, has never been done before. Ever. By anyone.
If it is so "simple," why has no one done it? Is everyone else stupid or incompetent? Do you have an edge that no other trader has anywhere?
Wall Street is littered with "quants" who can do powerful equations and high powered calculus but are crippled by the fact that they have no damn common sense.