You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
In the year 2020...
- Thread starter cmdtytrdr
- Start date
Quote from Option_Attack:
<iframe width="420" height="315" src="//www.youtube.com/embed/izQB2-Kmiic" frameborder="0" allowfullscreen></iframe>
Cute. I was a little more inspired if anything by this:
https://www.youtube.com/watch?v=8z3R8Kodagk
Quote from cmdtytrdr:
There's so much INTELLECTUAL LAZINESS on this board now. I don't blame most people. I think it's an accurate reflection of contemporary society in America these days. I'm so sick of it though.
ET, Stocktwits, most blogs just focused on what the next 5 minute bar will look like for a stock. Most corporate boards respond by being obsessed with the next quarter's results and doing whatever they can to improve the bottom line - cutting costs from future productivity by eliminating employees and slashing R&D.
I realize innovation is APPEARING to move somewhat quick these days so it's harder to predict what the future will look like, but that's no excuse to stop theorizing about it even if the visibility is a bit more cloudy than in the past.
It's very easy to get caught up in the speed and instant-results arm race but the average ET trader won't win that battle and also as a whole, it's not a very productive thing for society.
Are the only ones left who do long range thinking endowments, academics, think tanks and Elon Musk?
It wasn't always like this. I tried to generate some brainstorming by posting what I thought an edge might look like in a few years (btw I wouldn't be surprised if it's actually happening now) and all I get is crickets.
Well...can anybody point me to a board where people aren't obsessed with the idea of simplifying and reducing every decision to basic TA.
Or, better yet, would anyone care to throw out some ideas for what changes they see possibly happening in the economy in the next few years OR changes in the way trading is done and new edges are being created?
This site is more for entertainment, ie fishing expeditions (trolling), than anything else.
My recent one was paying interest on excess reserves would prevent reserves from being lent out. It was kind of surprising to see that no one had challenged the idea given that most of posts appear to be on some sort of automatic flag mode that must elicit a response from the republican minded trolls. (For those inclined to read up on interest on IR's, Is the interest rate on reserves holding the economy back?. I do have to say that it must be a slow period in ecoland if a blog has to make a comment on the matter.)
Quote from cmdtytrdr:
There's so much INTELLECTUAL LAZINESS on this board now. I don't blame most people. I think it's an accurate reflection of contemporary society in America these days. I'm so sick of it though.
Unfortunately you are so right. People are getting lazier and lazier and not just intellectually, but plainly physically and the latter has the negative impact on your brain as well.
That also explains, at least in part, the popularity of the Big Mike Trading forum where thinking is not very welcome and can even be dangerous. It can get you banned in no time. Drinking Kool Aid served by Big Mike and his clique of vendors who control that forum is the way to go.
This forum, ET, is not so bad. You can still talk pretty much freely here and as long as it stays that way, I will keep hanging out here and I suspect many others are here also for this very reason.
Quote from small_beer:
Unfortunately you are so right. People are getting lazier and lazier and not just intellectually, but plainly physically and the latter has the negative impact on your brain as well.
That also explains, at least in part, the popularity of the Big Mike Trading forum where thinking is not very welcome and can even be dangerous. It can get you banned in no time. Drinking Kool Aid served by Big Mike and his clique of vendors who control that forum is the way to go.
This forum, ET, is not so bad. You can still talk pretty much freely here and as long as it stays that way, I will keep hanging out here and I suspect many others are here also for this very reason.
Right on the money. The mind-body connection is something you don't want to ignore if you are an active trader.
I make sure to exercise regularly or at least to be physically active. I also like to spend an hour or so in the sun every day or as often as possible. Keeps you in good mood and improves your overall health as well.
I agree that ET is still a pretty decent forum, but obviously only a forum with all its shortcomings. I think it's the best of trading forums out there overall.