Day trading is losers game

cornixforex

Registered: Jan 2011
Posts: 1249



07-30-12 02:58 PM
So anyone can request SEC to audit his/her performance and give official conclusion?

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From experience of the author -yes
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No any doubt
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Result is used by contest provider for propaganda
He is public on official site of Frankfurter Stock exchange
or CME or ... site of the broker

And that is related to multiple law

Not only law of security operations ,but advertising
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And if someone showed you statements audited by serious organization such as CFTC you would conclude that retail trading is possible?
 
Cornixforex

Registered: Jan 2011
Posts: 1250



07-30-12 03:03 PM
And if someone showed you statements audited by serious organization such as CFTC you would conclude that retail trading is possible?
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That was answered multiple time's above
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In game ,where mass of retail operators are dissadvantaged against
professional win and great win for retail operator is possible ,as in lotto

But this win is matter of Fortune ,not the business
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Business make Market-maker from Goldman Sachs ,whic hhave advantage atleas through spread

Broad mass (multi 100 000 000 )of lotto operators loss small amount of the money ,but exist some 10 persons ,which won 50 mln $ each


If operator is dissadvantaged in game (lower as 50 to 50 by payement
1:1 ) ,than best what he can make -low quantities of high risk bet ...

Long time dissadvataged game
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with high quantities oeprations
####################
make chanse to loss more
##################

That is scientific ,as in casino ...

As exist multi mln retail operator's in stock,future ,derivative

than is possible ,that some would from this retail would have profit
long time with high quantities smalll operation's

Ground -very high quantities of retail operators
############################

and very limited quantities of retail ,which would perform that

With time ,quantities of this retail which would be in profit would be lower

Statement of CFTC and SEC in this case would give proof ,that this
operator is you ( 1 from 1 mln or 1 from 100 000 )
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and this kind or result is scientific fact
########################

Example

After statements of CFTC

12700 % (128 time's)on capital 1296 $ in one month
from 1 000 000 attempts in 3 years is scientific fact
#################################

with very good chance
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Best wish
 
cornixforex

Registered: Jan 2011
Posts: 1251



07-30-12 04:06 PM
Even win as a result of say 1000 of trades is just fortune, not professionalism?
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Game theory ....

Scientificaly casino retail operator have dissadvantage
(ODD payments)
IN Europha best Casino retail operator have 48.64%
by payement 1:1

this dissadvantage -source of multi mln $ profit of casino owner

That very comporable with dissadvantage through spread -
MM by GS 1 mln $ p.a. i n28 years -norm

...say 1000 of trades is just fortune, not professionalism?
##################################

Which group of interess can win with


Statement " ...Profitable Trading for retail operator
with multiple 100 operations is matter of professionalism "

Answer - Bank's ,MM as this kind of statements is
effective promoutions

propaganda for broadly mass

Result of this kind of propaganda - Mass of new retail clients ,90%
of which would lose he's money for mln $ salary of IB
 
Can you simply answer "yes" or "no"? If someone posts a verified statement of thousands of trades, which clearly show presence of an edge (say 66% profitable trades with 1:1 R/R) would you consider it luck or something else?
 
cornixforex

Registered: Jan 2011
Posts: 1252



07-30-12 04:18 PM
Can you simply answer "yes" or "no"? If someone posts a verified statement of thousands of trades, which clearly show presence of an edge (say 66% profitable trades with 1:1 R/R) would you consider it luck or something else?
###########

Retail operator ?

thousands of trades 66% .... with payement 1:1 ?
--------------------------------------------------------------

After payement of spread ,broker and margin fees ?

For multi mln profit of Casino in best EU Casino in Monte-Carlo

in roullete by payement 1:1 enough 51.36% "profitable trade's "

....

You must ask another ET member ... they would answer
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Quote from Wide Tailz:

I just made $54 day trading my sim account this morning.

:D

LOL....I know you are kidding, but here is the problem. the "$" should be left out entirely. This is why SIM is so dangerous.

You actually say "dollars" and "made money".

It's a good racket.

It should be "I got 54 banana peels today."

No difference, until you say stuff like "I could have....if real money." LOL. then the mind starts doing its thing.....
 
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