It is IMPOSSIBLE to make money in the markets

stock_trad3r · Sep 11, 2006

You guys are doping it wrong

when the market gaps down you buy tech if the trend is bullish and there is no substancial news

and vice versa

Buy tech shit that follwos the market for easy day trading during the gap downs and then short during the gap ups.

There thats simple.

murray t turtle · Sep 11, 2006

Quote from Ripley:

..talking about pure markets (ie. futures)

IMPOSSIBLE & too EFFICIENT

===============
CME,BOT does pretty well

Actually proving part of your ''pure market'' point;
easier in RE-Real Estate, but not necessarly easy,
believe it or not Ripley

TRADERBM · Sep 11, 2006

PD and PCU move well on a daily basis

Ripley · Oct 19, 2006

Quote from kiwi_trader:

Ripley,

I am sad to see that you've failed to make it. There is huge pain in giving up a dream; almost like giving up your child. And like a parent who's lost a child you try to make yourself feel better by campaigning against what you blame for that loss.

So, what does a successful trader make? $100K for sitting infront of the screen grinding out for the whole year. Even beggers down in NYC slums can get better returns for their time & effort.

Ripley · Oct 19, 2006

Looks like all our heroes will be in Las Vegas peddling their junk: http://www.tradersexpo.com/tradersexpo/lasVegas/

austinp · Oct 19, 2006

<i>"So, what does a successful trader make? $100K for sitting infront of the screen grinding out for the whole year. Even beggers down in NYC slums can get better returns for their time & effort."</i>

Are those audited figures on a statement? (huge laugh)

Ripley, you are far too intelligent to believe your own b.s. in this tired, aged thread. There are guys here who make $50k to $100+K per month... and you already know that.

Ripley · Oct 19, 2006

Quote from austinp:

Ripley, you are far too intelligent to believe your own b.s. in this tired, aged thread. There are guys here who make $50k to $100+K per month... and you already know that.

I didn't know. Maybe they are vendor friends of yours? who wrote 20 books, goes to seminars and expos all over the world and still paper trades?

tradertony76 · Oct 19, 2006

Quote from Ripley:

..talking about pure markets (ie. futures)

IMPOSSIBLE & too EFFICIENT

Have you ever actually watched the futures markets trade ?

The ES is a textbook example of continual intraday mania and panic.

The ES is a lot of things in my opinion, but "effiecient" isnt one of them. It seems to continually move from extreme to extreme.

Ripley · Oct 19, 2006

Quote from tradertony76:

The ES is a lot of things in my opinion, but "effiecient" isnt one of them. It seems to continually move from extreme to extreme.

Thats what "EFFICIENT" means, its UNPREDICTABLE. Goes from extreme to extreme when you (most suckers) least expect it.

If it was inefficient and predictable, we'll all be trillionaires.

austinp · Oct 19, 2006

<b>Ripley</b>, if you cannot find a way to make money trading, why the hell are you even here? I mean seriously, with all due & utmost respect... what attracts you to this forum?

If you honestly believe what you write, I respect that completely. I'm also confused why you are amongst people who believe otherwise.

I might just as well attend PETA's national convention wearing my "Redneck DeerHunter" t-shirt. What controversy would that ever stir!

Hmmm... stirring controversy to amuse oneself... never thought of that motivation