Daytrading quickly becomes a bullsh*t job, and as such people justify it?

[stevenpaul]

Quote from crgarcia:

It's amazing how people justify their bullshit jobs:
http://www.sgbizforum.com/101bs

Daytrading quickly becomes a bullshit job, no income, no future, no connections, no useful experience, no nothing.

Just a fool generating commissions and wasting his money and time in the process.

So daytraders tend to justify their failure to keep failing?

I felt the same way until I tried day trading with an online group. It's been more consistently profitable because of the peer pressure to trade the plan and desist from impulsive decisions. You can make connections and even get together with folks living nearby outside of market hours. Trading never generates marketable experience, no, but neither do the majority of college majors or even many jobs.

Also, I do more swing and position trading these days than day trading. I'm finding it more profitable and much less hectic, stressful, or time-consuming. You might try expanding your time frame and go back to working a day job, or just enjoy your leisure time.

 

[Mav88]

Perhaps crgarcia could find employment in demotivational speaking.

 

[syswizard]

crgarcia:
I just came out of a 4 month contract with a "big pharma" company.
Talk about bullshit jobs !
Most of the people there had these incredible benefits, yet they did nothing but answer emails and phone calls day after day.
The amount of "dead wood" at this company was phenomenal...and they had already made major layoffs.

 

[Bolimomo]

Quote from Mav88:

Perhaps crgarcia could find employment in demotivational speaking.

And who can motivate him to do that?

 

[sumfuka]

Daytrading = BAD. Nighttrading = GOOD. Is that what the OP is trying to say?

 

[crgarcia]

Quote from Mav88:

Perhaps crgarcia could find employment in demotivational speaking.

Quote from garchbrooks:

crgarcia is just a perpetual demotivator.

Quote from nkhoi:

but it is the thought that counts however 'perpetual demotivator' has a nice ring to it.

Demotivating someone to commit suicide is a good thing.

Frequent trading is a financial suicide.

Quote from schizo:

Man, get a life.

You, get a real job.

Quote from MilleniumMan:

Whoever started this thread is a total moron. If this is the case why in the world have you posted 3000 messages for 4 years, while you constantly lose money.
MM

I made big money last year from the stock market rebound.
I'm into bonds now.

Quote from Blotto:

Next he'll be asking you for an audited track record.

All talk without track records (or at least posting trades real time is BS.
The naives should be aware of it.

 

[Fireplace]

So you will be providing YOUR track record from last year and this year in bonds for all of ET to see and also someone to verify your numbers are legit???

Quote from crgarcia:



I made big money last year from the stock market rebound.
I'm into bonds now.


All talk without track records (or at least posting trades real time is BS.
The naives should be aware of it.

 

[speres]

Quote from crgarcia:

It's amazing how people justify their bullshit jobs:
http://www.sgbizforum.com/101bs

Daytrading quickly becomes a bullshit job, no income, no future, no connections, no useful experience, no nothing.

Just a fool generating commissions and wasting his money and time in the process.

So daytraders tend to justify their failure to keep failing?

ur statements correct if you dont understand price action and the auction process.

 

[Lethn]

Anyone else find it funny that he's suddenly gone from being absolutely convinced that trading isn't a real job to defending it rabidly because he supposedly made a ton of money from the stock markets?

Get your head out of your arse CGarcia.

 

[financialmarket]

it's only b.s. job is you losing money daytrading. and account is only $5000 or less than $10,000...than you might as well get REAL JOB that pays the bills. i mean even $45,000/year is peanuts for profession or career...nothing impressive about making $45,000/year it's average income your not going to impress anyone with $45,000/year or even $100,000/year these days it's b.s. job cause of the income


it's not a b.s. job if you are making $500,000/year daytrading at the institutional level.

Quote from crgarcia:

It's amazing how people justify their bullshit jobs:
http://www.sgbizforum.com/101bs

Daytrading quickly becomes a bullshit job, no income, no future, no connections, no useful experience, no nothing.

Just a fool generating commissions and wasting his money and time in the process.

So daytraders tend to justify their failure to keep failing?