Hey Winter,
I love this one:
Quote from winter:
Unforunately YOUR definition of a trader that excludes anyone that isnt profitable (over what period of time I wonder) is inconsistent with just about everyone else in the world. To define a profession by your success in that profession is bizarre to say the least. Thats like saying a small business owner whose owns a non-profitable business isnt a business owner at all.
Perhaps if you had said 10% profit per month among successful traders it would have been a little easier to swallow although I still contend that your numbers are way off. To earn 10% per month either on average or consistently (since you seem to differentiate the two) is outstanding and rare not at all "average"
In this reply, you were telling a guy who clearly stated that if you are not making money in the business, that you are not really a trader. I 100% agree with that sentiment as the purpose of trading is the net out revenue on a continual and consistent basis - or else, you are not really trading. You could be investing, or speculating, or gambling for fun, but not performing in the truest sense of the word: trading.
But, I really like your reply much better! In your reply, you told the guy that if he had used a number such as
â10% per monthâ that he comments might be bit more believable. So, clearly then, your comments in my thread make all the sense in the world. (do you see how easy it is to link these things together with just a little research)
You see, your framework has you locked out of ever considering 2,700+% net growth over a basic 3 month period of time, even remotely plausible. So, anything that comes down that pipe-line is going to be immediately rejected by one with this locked down mindset, simply because it exists
outside of your own personal experience. Not, because it is mathematically impossible. Not because there were not enough pips to go around in those three (3) months and not because somebody else other than yourself was able to research, design, test and engineer a new trading technology capable of actually doing it, but it gets rejected simply because it falls outside of your own personal envelope.
