"Real Winners Are Equity Traders"

[jl1575]

Stocks can be global too, you can trade asian, UK, european, US, australian stocks.

In FX there may be 60 pairs to trade with your broker before getting into real exotic stuff. If there are no opportunities you have to sit on the sidelines or chase trades and thats when everything goes downhill.

In stocks there are 1000s of stocks to identify opportunities.

When trading only one or two instruments like ES or CL, often there were days that price moved very little and lack of opportunities; however, if you trade stocks, if you pre-select 20 or 30 and study them already, often at the certain time there will always be some opportunities and you can pick the best patterns to trade.

 

[i960]

When trading only one or two instruments like ES or CL, often there were days that price moved very little and lack of opportunities;

Yep that can definitely happen. There's other instruments (GC, NQ, TF, 6E, DX) but unfortunately there's also a lot of annoying correlation these days as well. That being said sometimes one just needs to forget it and not trade that day - or alternatively wait to see what's going on in the Asian session (usually not a lot but there have been some days lately).

 

[billyjoerob]

a simple "poker forum for football fans" made of simple vBulletin software that costs 91 USD / year to run?

hey don't bash the entire ET business model

 

[galvinlee888]

Someone willing to put up $25k to trade stocks will most likely put time into educating themselves in the art of trading.

Someone with 500$ in an FX account will just gamble on high leverage.

If you have less than 25K, you should not trade but only invest.

Leverage kill you but not your broker, internalized this, bucket shops are not any different from any casino

 

[lawrence-lugar]

If you have less than 25K, you should not trade but only invest.

Alot of great traders started with small accounts; You won't get rich investing for peanut returns.
It's the cowboy traders/speculators/gamblers...whatever you want to call it...that made this industry.

 

[i960]

Alot of great traders started with small accounts.

Yes but they didn't start in 2015.

 

[lawrence-lugar]

Yes but they didn't start in 2015.

Sure, of course, I'll be the first to admit this ain't 1995...but that's not to say there's no opportunity in this modern day.
With that kind of thinking, living or being stuck in the glory days...you'll never progress.

 

[i960]

Sure, of course, I'll be the first to admit this ain't 1995...but that's not to say there's no opportunity in this modern day.
With that kind of thinking, living or being stuck in the glory days...you'll never progress.

Right and I don't disagree with this but I do think sub 25k is really sketchy whereas a decade ago it was more doable. People shouldn't just give up and not ever try but they shouldn't mislead themselves that they're somehow going to outsmart the market when 1000s just like them thought the exact same thing and most likely didn't succeed.

 

[bone]

Real winners trade whatever and wherever they find consistency.

 

[sheda]

Right and I don't disagree with this but I do think sub 25k is really sketchy whereas a decade ago it was more doable. People shouldn't just give up and not ever try but they shouldn't mislead themselves that they're somehow going to outsmart the market when 1000s just like them thought the exact same thing and most likely didn't succeed.

Why do they have to "outsmart" the market, why do the people on this board make out trading is harder than passing an exam in nuclear physics, taken in brail, without ever studying or knowing how to read brail? If one cant make it trading with 25k what difference does 100k make? Bigger stops and a longer fall to the bottom, jesus.