Can't trade? blame yourself

Quote from Index piker:

Yes , more specifically speculative trading is a negative sum game which requires most participants to lose.

This is not the case for hedgers and investors.

Right. Investors never ever lose money they just stare at unrealized losses. If you hold something long enough eventually you'll be positive in it. (sarcasm implied)
 
Quote from Index piker:

Trading plays very vital economic roles of price discovery and provision of liquidity but for the individual speculative trading is a losers game.

It's a mathematical fact.

Honestly, I don't know how vital my job is for price discovery but cumulatively speaking in terms of all traders out there you're probably right.

As far as the probability of individual success as a speculator, you're pretty much right again...but you should have said for MOST individuals it's a losers game.
 
Quote from trader198:

if a trader fails, yes, it is the trader's fault, no one should be blamed!

First, no one asks him to do trading, it is him, he who wants to do it
second, he is doing trading, not someone else, it is him who gives money to the market

those are the facts. if he feels he is cheated or fooled or manipulated, then why let other cheat him or fool him or manipulate him? it is his will to do so.

if he is not in the market, he will not lose money.

to those losers:

" you already know your commission donation is your broker's butter and bread, if you are smart enough, then why not do it or take advantage of it
yes, you can use broker's money to make money you can not make, why you do not do it? day trading margin power is 4times your own money, if you are right 10%, your broker contributes to you additional 30%, that will be a lot. commission is just a fraction of it, you broker must say something about your additional 30%?
yes, your broker does not allow you to take a limited opportunity, if there are 1000 opportunities in a day, yes, you can take as many as you can, it is all yours, why you can not? or simply you do not want to take the free money!
yes, your computer internet connection goes abnormally sometimes, but you can upgrade it or install a backup, you still have this choices to do? why you do not do that?
yes, you have limited fund, and others have unlimited fund or deep pocket, you are in an unfair position, you can not hold on because of margin call, but you have choices to have option/stop loss hedging tool to avoid margin call, why not use it?
yes, you are unskillful or inexperienced, why others are experienced and have mentor, but you have choices to learn ( tons of books or tutorials) to practice (paper trading )to gain experience and the internet (an unlimited resources to learn trading), why not do that?...
............................
"

all losers are the same: they do not work hard, they do not learn, they think they are born losers because others cause them.

great post. thanks for putting this up
 
Yeah,

the best ones are those, who, when winning, feel and advertise themselves as the greatest;
when losing, they are stilll the greatest, but unfairly treated and cheated.
Even their $5 worth stop is mercilessly hunted down.
Continuously and eternally robbed of their chance to prove they are the greatest. But they know they are...
And the truth will come out...:D

Going to bed at night they realize that because of their wives getting older they are beginning to feel uninspired .. the beginning of erectile disfunction.:mad:

A lot of masters of self desception around.:eek:

This is called samsara
 
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