Huge majority of you here are losers? Agree?

tangentShot · Dec 17, 2013

Would you like to tell us what is the reason for your net lose this year?

Quote from Visaria:

Lol, i might be down this year, but over my entire trading career, I'm strongly up.

dbphoenix · Dec 17, 2013

Quote from tangentShot:

For 4 painful years, I've tried almost everything. They didn't seem to work for me. I have no idea why.

The only thing that saves me from more disasters is the usual strict money management rules. That is the only thing functioning for me.

But still, my return curve is always in a gradual downslope. It's like the market wants to kill me softly.

I'll be grateful if any veteran would point me to some light.

If you're serious rather than seeking a rationalization, look at the questions you asked about ZS and CL. Apparently you've done little research and even less testing and therefore have no trading plan.

So the first steps are research and testing. If you don't want to do that, then you will continue to fail until you either run out of money or quit. However many others are failing is not pertinent since they are failing for the same reasons.

tangentShot · Dec 17, 2013

4 years into the game, my plan is worthless.

Quote from Stockie:

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?

tangentShot · Dec 17, 2013

Would you like to point out what's wrong with my questions?

I was expecting something more specific, preferably quantitative based discussion. Thank you.

Quote from dbphoenix:

If you're serious rather than seeking a rationalization, look at the questions you asked about ZS and CL. Apparently you've done little research and even less testing and therefore have no trading plan.

So the first steps are research and testing. If you don't want to do that, then you will continue to fail until you either run out of money or quit. However many others are failing is not pertinent since they are failing for the same reasons.

R. Raskolnikov · Dec 17, 2013

What does tried everything mean? Give us some examples of what you've tried.

Quote from tangentShot:

For 4 painful years, I've tried almost everything. They didn't seem to work for me. I have no idea why.

tradewiz50 · Dec 17, 2013

Quote from R. Raskolnikov:

I can't speak for anyone else, only myself. I've been doing this fulltime since '98. I didnt mess around on message boards UNTIL I was already consistently profitable.

Why waste time here if that time could be better spent analyzing data and crafting an approach?

I second that.

In the end, you are the only one responsible for the choices you make.

pinkman · Dec 17, 2013

Lescor and sellindexvol make money.

di0genes · Dec 17, 2013

Friend,

You need to find an edge. These folks who state they are successful by reading the same price feeds as everyone else--- are either already independently wealthy and this is a hobby, they are lying, or they have some type of gift that is inherent and not transferable.

Be taught an edge that is working in the current market or find one--- and remember it will not last. Don't believe the hype.

dbphoenix · Dec 17, 2013

Quote from tangentShot:

Would you like to point out what's wrong with my questions?

I was expecting something more specific, preferably quantitative based discussion. Thank you.

Whether or not somebody else is bullish or bearish or neutral and what their entry points and stop placements might be is irrelevant. If you've done the research and testing, then you know what to do. If you haven't, you don't. It's that simple.

You can stop losing today if you really want to. If you don't want to stop, then the problem is outside what a trading forum can do for you.

As for quantitative, I assume you know what the scientific method is. If you don't, study it. You'll have more quantitative than you'll know what to do with.

tangentShot · Dec 17, 2013

I think that when an honest trader who admitted that he had an overall net lost, and is seeking help, he is seeking useful information that is quantifiable.

Anyone can provide generic & qualitative information which is freely available & useless.

We are never short of negative energies in all kinds of forums.

Please keep discussion intellectual.

Quote from dbphoenix:

Whether or not somebody else is bullish or bearish or neutral and what their entry points and stop placements might be is irrelevant. If you've done the research and testing, then you know what to do. If you haven't, you don't. It's that simple.

You can stop losing today if you really want to. If you don't want to stop, then the problem is outside what a trading forum can do for you.

As for quantitative, I assume you know what the scientific method is. If you don't, study it. You'll have more quantitative than you'll know what to do with.