My over 6-year trading experience in a nutshell
- Thread starter cool 2334
- Start date
Well, your spelling mistakes do not show you have an above average aptitude to learn. And to be honest, I cannot take anyone serious who claims he worked hard and "tried it all" and then cites he a) read all the technical analysis books out there, b) has 4 monitors to trade, c) counted YouTube as his primary means of education, d) uses smiles in almost every other sentence like a 10 year old, e) cannot admit personal defeat but rather attacks the whole industry just because he did not succeed.
Dude, you are right, get out of this and do something you truly enjoy you are not cut out for this.
Dude, you are right, get out of this and do something you truly enjoy you are not cut out for this.
Quote from cool 2334:
Hi
I'm offering my long-time experience here for everyone for free!
Subject matter: leveraged and unleveraged trading using non-fundamental
analysis such as technical analysis, price action, tape reading..etc.
I hereby confirm the famous saying of one CEO that "trading is a waste of time."
Do not waste your money and more importantly do not waste your most precious asset, your TIME and life.
When it comes to trading, nothing is going to work out on the LONG RUN.
I spent more than 6 years trading on a fucki** daily basis, using four monitors
I am very superior when it comes to study and learning having had admissions from the world top employers and schools in my area of study, which is law. I rejected all theses opportunities, believing and relying on trading
I started trading when I was around 26 y/o old and I am now 33 y/o.
My life has been an awful nightmare all over the years I was trading.
I've almost red every trading books out there on Amazon, including books on options, futures, and forex.
I've watched many of the trading videos of on Youtube and red many articles online.
I swear all those fox claiming they are successful traders are lying, including mentors and those featured in that book " Market wizards."
Trading Education is a growing profitable industry that relies on spreading the myth that trading can be profitable and can be lived off. Do not be a victim of those scrupulous, unethical people.
There are inherently complicated issues (form both psychological and professional aspects) in trading that can not be solved.
That is why traders fail on the long run.
AND
That is why there has never been a trader with PROVEN TRACK RECORD.
This is my testimonial addressed to whom might be concerned.
Thank you,
Cool2334
With all due respect to all, I exactly know how hard it is to day-trade leveraged instruments and what complexities can be involved! No one has ever proven to be consistently profitable.
I'll be looking for a job soon and in the mean time I will give trading a last chance. I will trade futures on a long-term perspective; I'll get in and open a position only if I have a big and clear target in mind, following daily patterns and waves, and relying on big but analytically reasonable stops. There will be no daytrading anymore!
The idea behind this last attempt is that trading should be an easy business that makes easy money possible; otherwise, I'd not go after money that would turn my life upside down.
If I can not make consistent and easy money this way, I'll step out of this thing for the rest of my life.
I spent more than 6 years trading on a fucki** daily basis, using four monitors
Mid 2007 to late 2009 were some of the best trading markets in history. Volatility was fantastic. 2010,2011, and 2012 were also not bad. So the last six years have been pretty good.
2005 and 2006 and first half of 2007 really sucked, but that was before your time. And the dotcom boom and bust were good markets too before that.
You at least made money in 2008 and 2009 didnt you??
Daytrading stocks was not really bad. Leveraged trading like futures, options, and forex is what I could never be consistently successful at.
That does not mean I was exceptionally successful daytrading stocks, but my experience with stocks was not as bad as that with leveraged instruments.
I always made money daytrading but have never been consistently profitable...this is the point.
In June and July of 2012 I was very successful trading futures, making huge returns, but that did not last for long.
i've made money trading... and ask anyone on this forum what they think my IQ is.. h i do some of the stupidest shit and i'm completely honest about it.. obviously you need to surrender in one way or another.. either quite trading.. or take responsibility for your part in the losses you have taken...
externalizing blame for losses and inability to trade = consistent losses..
externalizing blame for losses and inability to trade = consistent losses..
Instead let me start off by striking a wooden match off your forehead to light my Dutchmaster. Next lets take it to an alley. I'll kick you a couple of times in balls and you get to keep half your money, then you go home and never trade again.
Chevy Chase Rennick out
I would say your IQ is that of someone close to a retard who has problems tying his own shoes, since the dumber you are the easier it is to trade.
I bet I could teach a high school drop out my system and he would make more money than me.
I always suggest that someone should either go to college and/or once he or she graduates from college, they should not trade, but get a job instead. People get mad at me for this advice.
I am close to genius level which it is why it took me so long, for example over 5 years to find a profitable edge. Most people don't want to put in the 5 - 10 years it takes to learn to trade. They think its like working at McDonald's and learning in 3 days instead of learning to be a lawyer in 4 - 6 years.
I bet I could teach a high school drop out my system and he would make more money than me.
I always suggest that someone should either go to college and/or once he or she graduates from college, they should not trade, but get a job instead. People get mad at me for this advice.
I am close to genius level which it is why it took me so long, for example over 5 years to find a profitable edge. Most people don't want to put in the 5 - 10 years it takes to learn to trade. They think its like working at McDonald's and learning in 3 days instead of learning to be a lawyer in 4 - 6 years.
I don't have any of my self esteem derived from my intelligence so its ok.. plus i did a large cocktail of drugs in my developmental years and this is 17 years sober... so this is as good at it gets.. i'm as happy as a pig in shit.. i don't give a fU)k.. i'm enjoying this journey.. i dove way in over my head into trading options.. now i'm in Calculus in college at 35... i'm in over a year now and i'm up 5k on my original 25k... Now its 15k from necessary withdraws.. i'm putting more in soon..
but literally i think i've done better then alot of people especially relative to my mental capacity.. this kids over here complaining about not making money.. i'm up a nominally small amount.. but percentage wise something significant for a noob... the true dumb ass is the one that think he knows something yet still isn't making money...