Only losers daytrade from their own home?

[Nino]

What kind of a statement is this? Have you read any of Schwager's Market Wizards books? You should! They are loaded with multi-million dollar 'losers' who trade from home.

 

[Jerry030]

Quote from Nino:

What kind of a statement is this? Have you read any of Schwager's Market Wizards books? You should! They are loaded with multi-million dollar 'losers' who trade from home.

It's fiction. You can only win from an office.

Your rate of return =
(office_floor_num / 1.16825) + (miles_driven_to_work_num^3) + distance_to_bathroom_num * sqfeet_in_cubicle_num)

 

[crgarcia]

Quote from Jerry030:

Facts:

People who make money are called winners

People who loose money are called losers.

Facts:

1. All daytraders lose money in the long run.
2. People who loose money are called losers (you said so)
3. Thus the logical conclusion: daytraders are losers!
4. This proves my post title: Only losers daytrade (you can add from their own home, if desired).

Quote from Fireplace:

Where is the proof? And don't say go search for it, bring it here and PROVE it.

Search for my journals with REAL TIME trades (they were long term trades, and I profited BIG).

Quote from retaildaytrader:

This is one of the best posts on here and you can learn a lot by listening to its wisdom.

"Succesful people don't run a business from their own home.
They rent or at least share some office space."

A great point. How many people do you know successfully run a business out of their home?

"Working from home leads to lazyness. (i.e. waking up late, taking a shower late or not at all, working in nondrescript clothes, etc.). But more important it leads to interruptions from family members and friends. Not to mention the social stigma."

This is the best point of the post. Very few people reach optimal productivity levels working from home.

So simple, it should be obvious.

Quote from Jerry030:

Garcia is a genius!

Garcia should write a book on a sure fine winning method. He could get promotional funding from the Commercial Real Estate Association as there is a hug glut of empty office space from all the companies that folded during the Bush Recession.

Great idea!

Maybe you can get nice offices dirt cheap, as long as you agree to leave when (if) they find someone else who pays big $ rent.
You would also help so that the offices don't look too empty.

Quote from Nino:

What kind of a statement is this? Have you read any of Schwager's Market Wizards books? You should! They are loaded with multi-million dollar 'losers' who trade from home.

Most market wizards (from the book) ended blowing up in the long run.

 

[ProfLogic]

Please understand that cgarcia is a fruit loop.
His only purpose is to piss you off so you will continue to post. Your continued posts are all he cares about.
He doesn't trade, he can't post any proof of his trades without them being photo-shopped and he's a simpleton that is humorously pathological.
If everyone ignores him . . . this alias will just go away.

 

[Jerry030]

Quote from ProfLogic:

Please understand that cgarcia is a fruit loop.
His only purpose is to piss you off so you will continue to post. Your continued posts are all he cares about.
He doesn't trade, he can't post any proof of his trades without them being photo-shopped and he's a simpleton that is humorously pathological.
If everyone ignores him . . . this alias will just go away.

Nonsense, he's really Warren Buffit's kid by a first marriage.

He even tells you how much you will make at "The Offile" with his time tested formula:

Your rate of return =
(office_floor_num / 1.16825) + (miles_driven_to_work_num^3) + distance_to_bathroom_num * sqfeet_in_cubicle_num)

Even if he was a "simpleton that is humorously pathological" that is average for ET these days. Where on ET is a thread that has any real value in terms of trading? The serious money traders have all moved to LinkedIn.

 

[Bolimomo]

Quote from Jerry030:


Your rate of return =
(office_floor_num / 1.16825) + (miles_driven_to_work_num^3) + distance_to_bathroom_num * sqfeet_in_cubicle_num)

Why 1.16825? Is that a fib number?

 

[ProfLogic]

Quote from Jerry030:

Even if he was a "simpleton that is humorously pathological" that is average for ET these days. Where on ET is a thread that has any real value in terms of trading? The serious money traders have all moved to LinkedIn.

Why do serious independent (profitable) traders needed to be linked?

 

[Jerry030]

Quote from Bolimomo:

Why 1.16825? Is that a fib number?

Yes 3rd root * the secret Garcia office factor adjustment MSE

 

[pwrtrdr]

Quote from Fireplace:

Is this another example of extreme language that isn't to be taken as truth?

It has been a while since I have posted. I cant understand what is gained from this board. Seems like paid posters just talking to themselves. Not paid directly but perhaps some sort of stake or steaks in the game/ dinner......


Elite trader is virtually useless, show me how it is not useless? For just passing time if you enjoy wasting time its very useful, but so aren't sand castles and so on.....

 

[Jerry030]

Quote from pwrtrdr:

It has been a while since I have posted. I cant understand what is gained from this board. Seems like paid posters just talking to themselves. Not paid directly but perhaps some sort of stake or steaks in the game/ dinner......


Elite trader is virtually useless, show me how it is not useless? For just passing time if you enjoy wasting time its very useful, but so aren't sand castles and so on.....

If you want to have some useful discussion with serious traders join LinkedIn. The people there are real in terms of trading, skill and ideas.

ET is for entertainment purposes only. It's like wasting an afternoon watching the monkeys at the zoo scratch their butts, except some of them are smarter than the average poster on ET and probably better traders.