Quote from HarbingerQ:
Do you ever feel like you don't belong to a group of traders while being a trader?
I am not talking about scalpers, trenders, mean reversionists, buy and holders and permabears.
I am talking about disagreeing with almost every thread I read.
No one ever talks about greed, people try to sound smart with words like supply and demand, while ignoring THE CORE of human values.
Greed.
Take people protesting minimum wage, traders say those commies would push the price of burgers and fries UP.
And yes, that is true, but not because of so called little commie burger flippers.
But because Fast Food chains want those extraordinary earnings, not just good earnings, but extraordinary earnings.
GREED
GREED DESTROYS, despite what Wall St movie script writers want you to believe.
Go ahead, be greedy on your next trade, see what it gets you in the long run.