Day Trading Is A Dead End Job

[Fireplace]

You mean "Dalmation"? Yeah curious too. Also still trying to figure out what a "dalmation" is....I'm familiar with Dalmatians, the breed of dog, but never heard of a 'dalmation'

Quote from bigarrow:

I still want to hear his answer about what business he owns.

 

[nakachalet]

Quote from bigarrow:

I still want to hear his answer about what business he owns. I have a small business and it's a tough S.O.B to run and make half way successful. I know he's full of bull though, business isn't easy, no matter what your IQ or education, I think capital and hard work and long hours and common sense and willing to take educated risks are more important than brains and a degree.

Agreed with you.

with or without brain,

with or without degree,

with or without sufficient reserves;

if you are not willing to roll up your sleeves,

chances to success are rather slim.... is my humble opinion.

 

[jfranco]

The best at anything dont have time to relax or chill...the best at anything arr trying to get better right now as we speak. Lebron james is shooting baskets right now.

 

[nakachalet]

Quote from jfranco:

The best at anything dont have time to relax or chill...the best at anything arr trying to get better right now as we speak. Lebron james is shooting baskets right now.

has been wondering all along who was the guy that has been playing one on one with james and winning.... it was you....

shabbat shalom

 

[the1]

The thing is...most of your statements are essentially true but that doesn't render trading a game of gambling. The markets are grossly midusderstood as buyers vs sellers when in reality, the market is nothing more than a constant flow of data until the closing bell rings. If you can accept the market for what it really is -- raw data -- you will open a window into the world of trading that so few even know exists.

Quote from NY_HOOD:

daytrading is GAMBLING and it is an addiction but it does'nt appear that way. it fools you into thinking: "this is wall street", i'm a trader who is disciplined and takes calculated risks in the market"..its gambling pure and simple.
are you telling yourself:
1) if i only stuck to my discipline,i would not have taken the loss.
2) i am actually glad i lost alot of money,thats exactly the shot in the arm i needed in order to learn a lesson. how many shots in the arm and how many lessons do you need !!!
3)every business owner loses money at the start,thats normal..really!!! business owners don't invest on margin.
4) i need to just focus more,i am so close to perfecting my edge..pretty soon everything is going to click..it NEVER DOES !
5) it takes years of experience to be a good trader, just like anything else..REALLY ! tell me an engineer,a a hair stylist, a salesman,a librarian, a doctor,or a teacher that loses money the first few years of their careers.
6) this is the worst:: i am going to get a home equity and start from scratch with enough money in my account that i will have more of a cushion.
GET A REGULAR JOB, START A BUSINESS. anything but day trading and please do not tweek your style and start claiming to be a long term trader. the road ends the same way.

 

[shopster]

Quote from the1:

The markets are grossly midusderstood as buyers vs sellers when in reality, the market is nothing more than a constant flow of data until the closing bell rings. If you can accept the market for what it really is -- raw data -- you will open a window into the world of trading that so few even know exists..........

+1

cheers,

s

 

[Joe_Masterson]

Have to agree with the last comment. Trading should simply be a hobby. DOnt trade with what you cant afford to lose