Day trading is losers game

cornix · Sep 3, 2012

Quote from oilfxpro:

These are all theoretical hindsight assumptions , in practical trading risks are greater with phsyche and emotions and perfect execution.There are no such profitable traders making 100 % on this forum.

In fact 95 % of them lose , because they have irrational visions , like yourself , about trading risks.

How long did you day trade that you know for sure what are practical issues of day trading?

Do you claim there are no day traders on this forum making 100% ROC per year?

oilfxpro · Sep 3, 2012

Quote from cornixforex:

How do you know that? Do you have comprehensive stats showing average IQ and level of understanding of risk and probabilities among day traders as well as comprehensive stats about what % of those who talk about it on forums are pretenders and/or marketers?

We did back tests on probabilities , and it is not related to IQ .The content of posters and rebuttal teams gives all the clues about the marketing men posting , their posting content gives more clues about their aliases.

cornix · Sep 3, 2012

Quote from oilfxpro:

We did back tests on probabilities , and it is not related to IQ .The content of posters and rebuttal teams gives all the clues about the marketing men posting , their posting content gives more clues about their aliases.

Are you sure what you consider "clues" is not your subjective perception, based on the fact you don't believe day trading is possible?

What exactly and how exactly did you backtest?

oilfxpro · Sep 3, 2012

Quote from cornixforex:

How long did you day trade that you know for sure what are practical issues of day trading?

Do you claim there are no day traders on this forum making 100% ROC per year?

More than 5 years .

Yes.Common sense and compounding , which is lacking in these questions and rebuttals.

cornix · Sep 3, 2012

Quote from oilfxpro:

More than 5 years .

So you day traded for 5 years and failed? Or were you profitable?

Yes.Common sense and compounding , which is lacking in these questions and rebuttals.

More...

What is "common sense"? And how does it tell you nobody of this forum participants makes 100% per year day trading?

oilfxpro · Sep 3, 2012

Quote from cornixforex:

So you day traded for 5 years and failed? Or were you profitable?

What is "common sense"? And how does it tell you nobody of this forum participants makes 100% per year day trading?

I found it very difficult for the many reasons,facts and evidence presented .This is also backed by many posters and concise logical explanations , unlike may of the useless points made by some.If any of you pretenders made 100 % per annum , you would be billionaires within years.Simply compound it on a weekly basis .A lot of common sense is lacking in posts.

cornix · Sep 3, 2012

Quote from oilfxpro:

I found it very difficult for the many reasons and evidence presented .

So you quit, because you found it very difficult, right?

If any of you pretenders made 100 % per annum , you would be billionaires with years.Simply compound it on a weekly basis .A lot of common sense is lacking in posts.

Are you aware that your math presented in this sentence is way wrong if applied to trading reality?

Do you know that reality of trading on size has many constraints, which you are unaware of, because you apparently have never traded on the liquidity borderline?

That is what you call "common sense"? Are you sure that your "common sense" really makes any sense then?

oilfxpro · Sep 3, 2012

Quote from cornixforex:

So you quit, because you found it very difficult, right?

Are you aware that your math presented in this sentence is way wrong if applied to trading reality?

Do you know that reality of trading on size has many constraints, which you are unaware of, because you apparently have never traded on the liquidity borderline?

That is what you call "common sense"? Are you sure that your "common sense" really makes any sense then?

No I am not a quitter , not until I beat the shit out of the market.

They have the intelligence to make 100 % , but lack the common sense , and intelligence to solve liquidity constraints.Daft .

cornix · Sep 3, 2012

Quote from oilfxpro:

No I am not a quitter , not until I beat the shit out of the market.

So you admitted day trading is "very difficult", but still keep day trading currently?

They have the intelligence to make 100 % , but lack the common sen sense , and intelligence to solve liquidity constraints.Daft .

What makes you think one can solve liquidity constraints without changing the trading style and the market traded? How would you change the fact that, say 6E liquidity is what it is and not more than that?

oilfxpro · Sep 3, 2012

Quote from cornixforex:

So you admitted day trading is "very difficult", but still keep day trading currently?

What makes you think one can solve liquidity constraints without changing the trading style and the market traded? How would you change the fact that, say 6E liquidity is what it is and not more than that?

Day trading by it's very nature is difficult.

Every problem can be solved , it requires intelligence and common sense.