Quote from londonkid:
strong words but....
some people will never be profitable traders because they poison themselves from the start by not having the ability to FOCUS ON WHAT MATTERS AND IGNORING WHAT DOESN'T MATTER. If left unchecked the human mind will wander around continually looking for 'answers' raising more questions and noise.
For people on this thread to even spend 1 millisecond of time discussing whether legal action is possible to get through the combine on a technicality is beyond a joke. for christ's sake who cares. if you cant work out that that doesn't matter then just give up, seriously just go an get a 9-5 where you can bitch and moan during your coffee break.
Personally I think the combine is a fantastic concept, it's not for everyone, I wont be doing it but it gives people a track to run on. It gives structure to the average joe sat at home on their own trying to learn how to trade.
New traders who have no structure left unchecked will most likely fail, giving them a set of rules to follow to see if they can follow them is a test in itself. Of course we know the average Joe will not read the rules properly and just plough on regardless then likely bitch and moan when they fail. Then it will be 'the rules need changing' lol. give me a frickin break.
People these days are more lazy than ever, I tell you there is a lot of dumb money in the market and if people were just disciplined and focused they can extract money from the market every day.
If I started my own combine and said GOAL is: all you have to do is 10 trades, enter at random and you can only take a 2 tick loser or a 3 tick winner, no other result. I guarantee most people would not be able to do that, they would let one of the losing trades run, let one of the winners run. It's all a game about controlling yourself that's what people dont get. Of the few people who can actually do that initial goal then just add in some rules for getting a 'low risk' entry and a directional bias and that's it you are now profitable. (make sure you trade an instrument where you can get your round turn cost to <15% of the tick size)
I cant remember if it was on this thread or somewhere else but someone was talking about obese people. It was a great analogy. It's like everyone knows they are supposed to have 2500 calories per day and do light exercise 3 times a week, how damn simple can it be, yet 30%+ people are the size of a frickin house and cant control themselves. put the cake down !!!!!!!!!!! oh wait it's not your fault, some people will go and sue the cake company 'they made me eat it', sue the government 'they didn't tell me I should only eat 2500 calories at school so therefore they are to blame'. I am suing you because I ate 2499 calories for a week and put on weight, you gave me wrong advice, now I cant fit out my front door and they have to cut off the side of the house to get me out. give me a fkin break
Then we get the shower of people saying 'the only winner is TST', since when is making money in this world a crime? get over it. if you dont like it start your own business, make some money for yourself.
Rant over, I feel much better now.
carry on as you were lol
