I've been surprised by the number of posters at ET who blame every conspiracy imaginable for their feeble understanding of the markets and poor market calls. They weren't wrong, you see, it was the market maker, the specialist, the "Plunge Protection Team", the "Big Boys", the jew bankers, Bushitler, the Masons, Haliburton, and the Clintons, all conspiring against their trades.
There are a couple of things I don't respect about this. People have no value to add when they haven't bothered to educate themselves and are easily satisfied with their own ignorant position. Also, the implied lack of personal responsibility is arrogant and lazy.
I'm NOT saying there's anything wrong with being new to the game and learning. And everyone makes mistakes. That's no big deal. But the "THEY crushed my one-lot" stuff is lame as hell. If you're on the wrong side of a trade, you're are simply in error and need to correct. No one is bigger than the market.
Carl Sagan wrote a book called, "The Demon-Haunted World: Science as a Candle in the Dark." A hell of a lot of people on this site should read Sagan's book. A quote from one of the user reviews on Amazon:
"Demons, UFO's, the Loch Ness Monster, Big Foot, fairies and the like are all investigated in this incredible non-fiction book by the late Carl Sagan. Pseudoscience, and those who perpetuate it, find their place in today's society among those who want to believe in the impossible. As the book states, "the siren song of unreason is not just a cultural wrong but a dangerous plunge into darkness that threatens our most basic freedoms."
...Sagan states early on in the book that "some 95 percent of Americans are scientifically illiterate." By using the scientific method combined with a little bit of logic and common sense, one should find that it is much more difficult to be mentally taken advantage of by pseudoscience "experts." Intelligent inquiry and analysis of information presented, and those presenting it, proves to be an invaluable tool."
http://www.amazon.com/Demon-Haunted..._bbs_sr_2/103-7728691-9828666?ie=UTF8&s=books
There are a couple of things I don't respect about this. People have no value to add when they haven't bothered to educate themselves and are easily satisfied with their own ignorant position. Also, the implied lack of personal responsibility is arrogant and lazy.
I'm NOT saying there's anything wrong with being new to the game and learning. And everyone makes mistakes. That's no big deal. But the "THEY crushed my one-lot" stuff is lame as hell. If you're on the wrong side of a trade, you're are simply in error and need to correct. No one is bigger than the market.
Carl Sagan wrote a book called, "The Demon-Haunted World: Science as a Candle in the Dark." A hell of a lot of people on this site should read Sagan's book. A quote from one of the user reviews on Amazon:
"Demons, UFO's, the Loch Ness Monster, Big Foot, fairies and the like are all investigated in this incredible non-fiction book by the late Carl Sagan. Pseudoscience, and those who perpetuate it, find their place in today's society among those who want to believe in the impossible. As the book states, "the siren song of unreason is not just a cultural wrong but a dangerous plunge into darkness that threatens our most basic freedoms."
...Sagan states early on in the book that "some 95 percent of Americans are scientifically illiterate." By using the scientific method combined with a little bit of logic and common sense, one should find that it is much more difficult to be mentally taken advantage of by pseudoscience "experts." Intelligent inquiry and analysis of information presented, and those presenting it, proves to be an invaluable tool."
http://www.amazon.com/Demon-Haunted..._bbs_sr_2/103-7728691-9828666?ie=UTF8&s=books
