I walked away from trading with nothing after more than five years.

I always hear the statement: "Markets change"

It's only partially true.

price get's more volatile, less volatile, trends change and correlation changes.

PRICE...in my opinion has the same pattern over and over and over and over again.

In my opinion, there are two trades.

Entrance for Trend continuation.
Entrance for Trend Reversal.

Trend Continuation being the easier one to learn and requires marginally less skill than Trend Reversal.

So in regards to history/randomness.... It's absolutely not random. You are just not observing the right price movements and their repetitive nature.
 
curiousGeorge8 said:
Yes, every efforts have opportunity costs, but full time independent traders have more opportunity costs than full-time students (who gain knowledge) or full time workers in regular jobs (who get paid and gain work experience).

If one has interests in trading, just gets a day job, save some money, and trade on the side. That is the road I took, and it can work out.
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Exactly, and that road limits the opportunity cost by a huge percentage. You should gradually switch from newbie to parttime trader to fulltime trader. In fact the opportunity cost can be close to zero depending on how good you are.
When I gave up my job to become fultime trader I made every montth more money then I had as salary when I was working. So my opportunity cost was higher before I was trading and disappeared when I was fulltime trading. As fulltime trader I have an opportunity profit instead of cost.
 
Xela said:
Good to see that you acknowledge it as a "problem", anyway. But very clearly and obviously it does still exist: someone made the comment to which I responded: it didn't appear on the board magically, without being posted. Not to mention that there are a few thousand people who've been working in Hollywood (and in countless other places, too) over the last decade or two (and many of them over the last year or two) who might take exception to what you say.
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Of course it is a problem. It is a problem in countries were women have no power to refuse or even ignore men who don`t please them or who don`t have ideas with which she is compatible with, which is not your case.
You may not agree with what he said, but to say that "someone made the comment" and that this is the problem is nonsense. He has the right to think and say whatever he wants, what he can`t do is actually force a woman to do something she doesn`t want to(which isn`t what he said). Unless you`re in favor of censorship, which seems the case.:confused:
Hell, I lost count of how many women I saw even on television saying that they even get aroused with a "dominant man" and if the guy was not like that, she got turned off.
The key point is this: he saying what he said is not the problem, you saying that he can`t IS, because his right to say what he thinks(regardless of what you think of it) is just as important as your right to say no to him, if you want to.;)
 
GeorgyHoldsworth said:
Hey, I used to be on this forum and traded the market, full time, from one massive peak (2008) in Energy till another (a few years back).

I traded with Oanda, IB and, later, a Chicago futures firm...

Sure I had all the hardware, software and knowledge about contango, findangdo and fupwhipfah; but despite heavily investing in trying to earn a living trading I walked away with nothing.

Here's what I learnt:

1. The past cannot be used to forecast the future.
Trying to do so is a form of "divination".

2. I never had enough cash to be a capitalist.
If, for example, I bought McDonald's Corporation stock;
To purchase an annual income yield of $40k I'd need to buy $1.7m of stock.

3. If I even had $40k now then I'd buy a pick-up truck, some garden tools, print my name on some leaflets and put them in letter boxes myself.
Why? because then I'd be investing in myself... and I'd be a capitalist who truly owned the assets which yield profit.

4. In relation to the above; women actually prefer regular men with work-stained clothes over screen addicts with big bank balances. It's in their nature.
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You didn't study long enough. I traded for 14 years before I made an annual profit. Thereafter, I have made enough money every year for a comfortable life.
 
NeoTrader said:
Of course it is a problem. It is a problem in countries were women have no power to refuse or even ignore men who don`t please them or who don`t have ideas with which she is compatible with, which is not your case.
You may not agree with what he said, but to say that "someone made the comment" and that this is the problem is nonsense. He has the right to think and say whatever he wants, what he can`t do is actually force a woman to do something she doesn`t want to(which isn`t what he said). Unless you`re in favor of censorship, which seems the case.:confused:
Hell, I lost count of how many women I saw even on television saying that they even get aroused with a "dominant man" and if the guy was not like that, she got turned off.
The key point is this: he saying what he said is not the problem, you saying that he can`t IS, because his right to say what he thinks(regardless of what you think of it) is just as important as your right to say no to him, if you want to.;)
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I'm with you on this. I think there is a spectrum of dominant to submissive in both men and women and for couples to be happy opposites need to be together. Dominant men with submissive women or dominant women with submissive men. If you get two dominant partners then epic conflict will ensue. This has nothing to do with political correctness or women's rights. It just people's personality and compatibility. There is nothing wrong with a submissive woman, just as there is nothing wrong with a submissive man. The problem arises when men or women cannot be themselves because of stupid societal programming.
 
NeoTrader said:
The key point is this: he saying what he said is not the problem, you saying that he can`t IS
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Except that I didn't say that he can't: I actually respect his right to say it, just as I'm sure many people are offended by it and respect mine to criticise and belittle it.

(But for the record, and in the spirit of honesty, I admit that I am in favour of some kinds of censorship, and so by the way are most governments and most populations: if you imagine that you have complete freedom of speech - which I know you didn't actually mention - then try standing on a soap-box in a busy city park and loudly making a speech inciting racial hatred ... and see how long your "freedom of speech" lasts.)
 
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Xela said:
Except that I didn't say that he can't: I actually respect his right to say it,
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No, you don`t. You clearly said: "But very clearly and obviously it does still exist: someone made the comment to which I responded", which means you have a problem with him expressing his opinion.

Xela said:
just as I'm sure many people are offended by it and respect mine to criticise and belittle it.
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If other people get offended, that`s their problem. And you can criticize it, no problem. What you can`t do is consider he expressing his opinion a problem, which you did as proven above.

Xela said:
(But for the record, and in the spirit of honesty, I admit that I am in favour of some kinds of censorship, and so by the way are most governments and most populations: if you imagine that you have complete freedom of speech - which I know you didn't actually mention - then try standing on a soap-box in a busy city park and loudly making a speech inciting racial hatred ... and see how long your "freedom of speech" lasts.)
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I rest my case.;)
 
qxr1011 said:
women are investors in men, therefore women prefer winners to loosers... :)

if the man is not the winner then his steady salary (see it as dividend) will be preferable to most women

only astute women (similarly to astute investors) will stay with a man (stock) whose underlying value they see when nobody sees it...

and there is no guarantee that this value will ever be converted into money
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Very insightful.:finger:
 
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