Deal for New trader

Quote from DHOHHI:

Actually you're not using logic here. Based on your assertions no one can achieve or eclipse the level of the top level performer of their profession. Tiger Woods can never meet or exceed Jack Nicklaus' accomplishments. Barry Bonds can never meet or exceed the home run totals of Hank Aaron. Many factors allow someone to set new standards/records.

First, there is no such word as "can't". One with a given talent can achieve what they set out to achieve. Per your conclusions it would be like saying no fund manager can exceed what Peter Lynch achieved back in the 80's and 90's Not true.... Technological advances, whether in golf equipment, baseball, or trading will allow professionals to set new "standards" now and in the future.

OMG, I have to call bullshit on this. First of all, if you think for a second that you could spend enough time on the links to beat Tiger Woods you are insane. Tiger Woods, Michael Jordan, etc, are born with an innate skill that one cannot just acquire on their own. Tiger was playing better golf at age 4 then most golfers on ET as adults. This is not to say no one can beat Tiger or become better then him. But they will be BORN with that ability. It won't come from spending a few extra hours at the driving range. LOL.
 
Quote from Lights:

you mean like a room full of h1b immigrants wacking bids with bullets on some microcap stock. LOL.

I see your point. So the only way people can make money in equities is by exploiting some gray loophole or "cheat".


no no no, not what i meant. all you have to do is get a high score to be "profitable", and clearly you can do that with skill, with an edge, or both. What level of success, thats not my place to say.
 
Quote from newguy1:

please, watch this from start to finish, it will explain the skilled part of the videogame analogy. and its just entertaining.

http://www.youtube.com/watch?v=T6avy1A_kqg&mode=related&search=

this guy is "skilled".

he doesn't have an "edge"

and as you can imagine, if the edge was getting infinite lives by running into walls, well, its not that skillful even, but i'm gonna say it would be "profitable" if that means getting a high score.

Nobody is saying have this misterious "edge" is a bad thing. If your edge applied to stocks then yes you could instantly become a billionaire. I don't know what this edge is in stocks, but yeah i sure would like to have it. Theres something less misterious though, and thats making money through hard work and acquiring the necissary skills. I think that will make you money. Mav says he agrees. Then he turns around and says, no you need an edge, or else you won't make more than a school teacher. Confused? Yeah me too.
 
Quote from Purple Barney:

Nobody is saying have this misterious "edge" is a bad thing. If your edge applied to stocks then yes you could instantly become a billionaire. I don't know what this edge is in stocks, but yeah i sure would like to have it. Theres something less misterious though, and thats making money through hard work and acquiring the necissary skills. I think that will make you money. Mav says he agrees. Then he turns around and says, no you need an edge, or else you won't make more than a school teacher. Confused? Yeah me too.

With your spelling, I don't think we have to worry about you becoming a school teacher. :)
 
Quote from Maverick74:

With your spelling, I don't think we have to worry about you becoming a school teacher. :)

When all you have left to nitpick is spelling, I think i have made my point. :)
 
i think he's just trying to help you out. it makes sense if you think of the videogame analogy. He's not saying YOU specifically will not make a shit ton w/o an edge. He's just assuming if you have no edge, why not use whatever strat you have on a different product, futures.

(i'm not agreeing or disagreeing with you, i'm just trying to explain the edge/skill idea the way i've thought of it)

have a good 4th!
 
Quote from Maverick74:

OMG, I have to call bullshit on this. First of all, if you think for a second that you could spend enough time on the links to beat Tiger Woods you are insane. Tiger Woods, Michael Jordan, etc, are born with an innate skill that one cannot just acquire on their own. Tiger was playing better golf at age 4 then most golfers on ET as adults. This is not to say no one can beat Tiger or become better then him. But they will be BORN with that ability. It won't come from spending a few extra hours at the driving range. LOL.

So there will never be another human being to exceed the ability or accomplishments of Tiger or Bonds? LOL That's it ... run from the FACTS. Who was tops before Tiger? Nicklaus? Who was HR leader years ago? Aaron! There will be people born in the future who will exceed the accomplishments of Woods or Bonds. Uhhh, yeah!! If you understand technology you'd know that is a BIG part of new records and levels of accomplishment come from just that --- "technology". Listen, I'm a scratch golfer ... the clubs and balls have allowed players of today to obliterate courses that were true tests in the past. Same with baseball. Same with trading. Pick most any profession and the results are the same. Who was better --- Rod Laver or Roger Fedderer? Are you comparing apples to apples in terms of equipment? I think not.

Sorry, but your logic was like swiss cheese .. full of holes.
 
to complicate matters further, some people are born with a talent. ie higher spatial concepts and symbols. what if vast majority arent able to perceive the same thing. is that an edge or skill?

Quote from newguy1:

please, watch this from start to finish, it will explain the skilled part of the videogame analogy. and its just entertaining.

http://www.youtube.com/watch?v=T6avy1A_kqg&mode=related&search=

this guy is "skilled".

he doesn't have an "edge"

but he still beats the game, and lets just say he gets a high score too.

As you can imagine, if the edge was getting infinite lives by running into walls, well, its not that skillful even, but i'm gonna say it would be "profitable" if that means getting a high score.
 
Quote from DHOHHI:

So there will never be another human being to exceed the ability or accomplishments of Tiger or Bonds? LOL That's it ... run from the FACTS. Who was tops before Tiger? Nicklaus? Who was HR leader years ago? Aaron? There will be people born in the future who will exceed the accomplishments of Woods or Bonds? Uhhh, yeah!! If you understand technology you'd know that is a BIG part of new records and levels of accomplishment come from just that --- "technology". Listen, I'm a scratch golfer ... the clubs and balls have allowed players of today to obliterate courses that were true tests in the past. Same with baseball. Same with trading. Pick most any profession and the results are the same. Who was better --- Rod Laver or Roger Fedderer? Are you comparing apples to apples in terms of equipment? I think not.

No, you are confusing things here. Technology is irrelevant unless you are going to handicap Tiger and play with the new clubs while Tiger is forced to play with the older clubs. If you compete with Tiger and use the same "clubs", Tiger will kick your ass each side of Sunday. Not much you can do about it.

Some day, someone might come along that is better then Tiger, I don't mean 50 years from now with new equipment that allows my mother to drive a golf ball 700 yards. I mean someone that can BEAT Tiger or his records. That means someone will have to win 100 plus tournaments, whatever Tiger will have won by the end of his career, and win those tournaments playing against equal opponents using the SAME equipment.

I'm sorry, your argument falls short. Athletes like Tiger are rare and few and far between. No amount of practice will make an average player as good as Tiger. Sorry.
 
Does Tiger have an edge over his opponents because he's more skillful?

Quote from Maverick74:

No, you are confusing things here. Technology is irrelevant unless you are going to handicap Tiger and play with the new clubs while Tiger is forced to play with the older clubs. If you compete with Tiger and use the same "clubs", Tiger will kick your ass each side of Sunday. Not much you can do about it.

Some day, someone might come along that is better then Tiger, I don't mean 50 years from now with new equipment that allows my mother to drive a golf ball 700 yards. I mean someone that can BEAT Tiger or his records. That means someone will have to win 100 plus tournaments, whatever Tiger will have won by the end of his career, and win those tournaments playing against equal opponents using the SAME equipment.

I'm sorry, your argument falls short. Athletes like Tiger are rare and few and far between. No amount of practice will make an average player as good as Tiger. Sorry.
 
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