Huge majority of you here are losers? Agree?

Calling names actually invalidates your credibility in everything you claim. I'm new to this forum, how do I block you?

Quote from actionzip54:

You sound like a ninny.

Why don't you quit thinking the market is impossible? Buck up say it's beatable and try to think of ways to do it. Establish a methodology and work on it.

Why don't you be honest and admit that it's your own failings and faults that caused you to lose money instead of wanting to find pity in "everyone" else's failures?
 
I think winners won't bother spending time in forums. They'll most likely be riding supermodels in their spare time.

Quote from mspkash1:

I'd say most are barely surviving or profitable. Losers will not bother spending time here.
 
Quote from tangentShot:

If I know the reason I wouldn't be losing, isn't it?

This is page 2 of the thread. So far, only 2 traders including myself admit to be losing overall.

It'll be interesting to know what percentage of people here will actually be honest about their loses.

And what difference will that make to you if you're looking for ways to change your situation? Whether or not anybody else is losing is irrelevant. Unless you're seeking a misery loves company situation. If that's the case, you won't have any trouble at all finding new friends.
 
Quote from kut2k2:

"Huge majority of you here are losers?"

Only those who've been here less than a month. :p

Not necessarily. I know people who've been at this for up to nine years and can barely cover expenses, and yet they are devoted to these websites.
 
Quote from tangentShot:

Why?

Because he wants you to understand that losers speak about losers and winners speak about winners. It's simple.

Even if you are trading randomly in the markets you have high probability to profit. The reason so many fail is because they trade worse than random , they choose difficult timeframes, the wrong markets and they are undercapitalized for what they do. The statistics in this blog say an interesting story: 95% of random long trades in SPY this year initiated after tossing a coin have made a net profit with $0.01 commission per share included. Over 40% of long/short positions made a profit. Trading, when done right, is very profitable, unless you trade worse than random.
 
Quote from tangentShot:

Ok, to help everyone open up, I'll have to be honest too. I've been trading for about 4years. So far, I've been losing.

Now, we all know that about 90% or more traders are losers. I would like to know how true is that by starting this thread.

I do hope that if some alien civilization ever need to quantify the ego of the human species, they don't have to use this thread as their data source.

Losing is as much a part of trading successfully – as is winning

Accept that – or fail
Learn to lose well – or fail

It is one’s choice

Likely as not, I'll lose some today :p

RN
 
Quote from dbphoenix:

Why?

Your time might be well spent answering db's question. Become profitable - would make a nice conclusion to this thread.

Do you have a trading plan?
 
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