Huge majority of you here are losers? Agree?

GoldenMember · Dec 18, 2013

Extended discussion of why 95% of traders are losers during the prime hours of the trading day. No surprise OP is failing.

tangentShot · Dec 18, 2013

Well, get use to it, take it as me returning you a favor.

Cut the bullshit. You messages have no quality at all.

I'm new here, how do I block you?

Quote from ronblack:

To start with you should apologize for involving a mother in this conversation. This is the first time since I joined this group I come across someone doing this.

I don't look down on people who lose money because I also lost my share when I was learning. My only point was that if you trade better than random you have a good chance to make money because even a large percentage of random traders win. Thus you need a good plan, low cost of operation, a very important aspect that trefoil explained to you. He is one of the most intelligent and knowledgeable members and you should listen to him.

Rorschach_test · Dec 18, 2013

Quote from GoldenMember:

Extended discussion of why 95% of traders are losers during the prime hours of the trading day. No surprise OP is failing.

i`d combine both threads titles:

''Huge majority are 10K in the hole losers".

''i could be wrong so wrong,you are walking out on me,i was running out on you...''

Rorschach_test · Dec 18, 2013

Quote from tangentShot:

Well, get use to it, take it as me returning you a favor.

Cut the bullshit. You messages have no quality at all.

I'm new here, how do I block you?

block yourself already!

tangentShot · Dec 18, 2013

When I said I have a net lost, you believe it?

This is a social experiment mann.

My point is proven.

You're super gullible.

Quote from GoldenMember:

Extended discussion of why 95% of traders are losers during the prime hours of the trading day. No surprise OP is failing.

tangentShot · Dec 18, 2013

Wow, you mad?

An angry trader is certainly not very smart.

Serious lack of self control, strong indicator of failure in every aspects...

Quote from Rorschach_test:

block yourself already!

Rorschach_test · Dec 18, 2013

Quote from tangentShot:

Wow, you mad?

An angry trader is certainly not very smart.

Serious lack of self control, strong indicator of failure in every aspects...

why do you start such dumb threads,numbnuts?

xelite777 · Dec 18, 2013

Quote from ronblack:

Absolutely not. If it were, it would not have survived this long. This is a limited view. Also, if you believe that, you should not even participate in a trading forum because you are wasting your time. You should try to find positive expectation games to talk about.

Let's just say you have a LOT to learn.

Quote from ronblack:So what? This is not what makes trading difficult. If those 1000 random trades offer a reward:risk ratio of 2 then the cost of doing business is more than justified.

Again, you are totally clueless. You will SILL lose in the long run even if your risk-reward is 1000 to 1, if you trade randomly, because the spread/commissions will kill you either way, slowly but surely.

It's like saying that you can make money in the long run playing the Lotto because you only risk a single dollar to make hundreds of millions.

Quote from ronblack:
Besides, the broker pays his employees who then spend the money in the real economy and in this way money come back to traders as a salary or business profit to replenish accounts. Money recycles.

I never said that the brokers were doing something illegal (at least the honest ones).

All I am saying is that the spread and the commissions will ALWAYS prevent a trader from making money with random trades, just like the 0 and the double zero at the roulette will prevent you from winning in the long run.

And again, the only way to win the trading game is to beat the spread and/or the commissions.

For that you need a trading system with a built-in mathematical edge.

Quote from ronblack:What makes trading difficult is ignorance. Most people trade worse than random, worse than throwing dice. [/B]

No, no, no and NO! :mad:

Mathematically, it is IMPOSSIBLE to make WORSE than random trades, this is the most absurd thing I have ever heard.

Try this: throw a normal quarter 1000 times. Now I triple dare you to obtain WORSE than random sequences of heads and tails, like 50 heads and 950 tails.

Also, if you can consistently manage to make "worse" than random trades, then you can make a fortune just by trading the opposite.

Redneck · Dec 18, 2013

Quote from tangentShot:

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

Quote from tangentShot:

When I said I have a net lost, you believe it?

This is a social experiment mann.

My point is proven.

You're super gullible.

You dumb SOB

Traders are condition to believe, without questioning, what they see

You wrote it â¦ we believed it

He's not gullible... Youâre a liar

GFY

have a nice day

RN

luisHK · Dec 18, 2013

Quote from tangentShot:

I think winners won't bother spending time in forums. They'll most likely be riding supermodels in their spare time.

FWIW I do screw 18-22 y old birds on the desk while checking the market on one screen and sometimes ET on the other. The craziest one was a fan of Cassie Pictorium btw, but she's unfortunately vanished a couple of weeks ago.