FXWave:
You want recognition, you are crying out for acceptance, you are making good solid published calls on ET and publishing a journal, and you are engaged in mortal combat with the slightest detractor and critical commentator.
The fact of the matter is that the biggest bomb-throwers on ET with large numbers of posts relative to their membership time are, in fact, frauds. Trolls. Posers. Punters. If you can stand the pain, scroll back through their posts for true substance - actionable material as it were; none.
There are some very good traders with real contributions who post here on ET, but their voices are drowned out in a littany of naive shouting. Case in point: the thread going on about bonds and 1% rates. There are some real gems laying in wait there, but the naive egos are shouting down the mature contributions. Did you know that you don't have to take directional risk to make a fortune trading? Did you know that most hedge fund portfolio managers and bank desks do not take flat price instrument directional risk? Do you really believe that some big swinging dick at Citadel is going to sell 10,000 bond futures based upon an Elliot Wave Count or a Gann Line or a MACD or a Stochastic? Not only "no" but "hell no". But he'll sell a Cal 12 ICE Swap Strips against a tanker in transit. Or he'll borrow $4B in the overnight repo market, buy $4B in 9 Yr. Off-the-run US Treasuries, pledge them as collateral to the repo facility, and turn around and sell them to the CME in the form of 4,000 CBOT Ten Year Note futures.
ET is not representative of how it really gets done.
Sell cars, wash dishes, whatever it takes, fund a modest account and establish a consistent track record. I don't care if you net $200 per day - if you can be consistent, people will throw money at you. Just find a way to be really consistent, and for real in a real live market, and you will make a living trading.
You want recognition, you are crying out for acceptance, you are making good solid published calls on ET and publishing a journal, and you are engaged in mortal combat with the slightest detractor and critical commentator.
The fact of the matter is that the biggest bomb-throwers on ET with large numbers of posts relative to their membership time are, in fact, frauds. Trolls. Posers. Punters. If you can stand the pain, scroll back through their posts for true substance - actionable material as it were; none.
There are some very good traders with real contributions who post here on ET, but their voices are drowned out in a littany of naive shouting. Case in point: the thread going on about bonds and 1% rates. There are some real gems laying in wait there, but the naive egos are shouting down the mature contributions. Did you know that you don't have to take directional risk to make a fortune trading? Did you know that most hedge fund portfolio managers and bank desks do not take flat price instrument directional risk? Do you really believe that some big swinging dick at Citadel is going to sell 10,000 bond futures based upon an Elliot Wave Count or a Gann Line or a MACD or a Stochastic? Not only "no" but "hell no". But he'll sell a Cal 12 ICE Swap Strips against a tanker in transit. Or he'll borrow $4B in the overnight repo market, buy $4B in 9 Yr. Off-the-run US Treasuries, pledge them as collateral to the repo facility, and turn around and sell them to the CME in the form of 4,000 CBOT Ten Year Note futures.
ET is not representative of how it really gets done.
Sell cars, wash dishes, whatever it takes, fund a modest account and establish a consistent track record. I don't care if you net $200 per day - if you can be consistent, people will throw money at you. Just find a way to be really consistent, and for real in a real live market, and you will make a living trading.