republican? Ignorance Is Strength

[cgroupman]

Quote from Max E. Pad:

In my opinion, the way to go is stocks, i dont (personally) know any heavy hitters who make their money solely off of futures or FX, I understand the reason people are drawn into those markets, because you can basically push unlimited size without effecting price. So id imagine those who become good at futures or FX, do very well for themselves.

With that said, those 2 markets are the most efficient markets in the world, all the big money is in those markets, due to the almost unlimited size you can push. So it is alot harder to find inefficiencies to take advantage of.

If i was only trading futures or fx, i wouldnt be able to generate enough trades a day to remain profitable. In the stock market, you can take an edge and spread it out over thousands of stocks, so there is alot more to exploit.

In futures or fx you have to become good at trading specific instruments, as opposed to the stock market where you can figure out a system to trade then apply it across thousands of stocks, and wait for a specific setup. For example it i was to wait for one of the setups i like in stocks, i would have only been able to make 1 trade last year based on the ES, i posted a trade last year where i made 15k, but that was the only trade i was able to find for that system the entire year, where as i can find 2-3 trades a day in the stock market on that specific system, and when volatility is really up, i can find 5-20 trades a day, so its much easier in the stock market to allow your percentages to work for you and remain consistent. IMO.

Here is the only BIG directional trade i took on the spys last year.

http://www.elitetrader.com/vb/showthread.php?s=&postid=3259115#post3259115

I agree, stocks are so much easier and lucrative.


c

 

[Brass]

Quote from Max E. Pad:

...If you want to become an entrprenur i would say that it is detrimental going to university.

There is nothing you can learn there that you cant learn over the internet these days, and starting out life that much in debt slows you down alot. It also depends on whether or not you can learn independently, and you enjoy it, or if you have to force yourself to learn with some sort of rigid curriculum.

...I may as well light my Commerce degree on fire, because it has served me almost no purpose as a trader. I lrearned how to read financial statements, and some economics stuff, but its nothing you couldnt learn on your own from being on the internet all day anyways since you are stuck in front of a computer.

I can honestly say that not only was my degree a waste of time it was actually a huge hindrance...

Let Max be a cautionary tale for your children. I agree that, in his case, his education was a complete waste of time, judging by his laughable ignorance of anything remotely economic. Assuming he actually even took and passed the relevant courses. And now Max thinks people should get their "education" from the Internet, where he himself has been edified by a choice selection of slant pieces.

Again, let Max be a cautionary tale for your impressionable children.

 

[PHOENIX TRADING]

Quote from Brass:

Let Max be a cautionary tale for your children. I agree that, in his case, his education was a complete waste of time, judging by his laughable ignorance of anything remotely economic. Assuming he actually even took and passed the relevant courses. And now Max thinks people should get their "education" from the Internet, where he himself has been edified by a choice selection of slant pieces.

Again, let Max be a cautionary tale for your impressionable children.

It's not that education is a complete waste of time it's just that one must recognize the pseudo-sciences are full of BS.
If one must take those types of classes (and they do for a liberal arts degree) it's best to just learn the bias of your instructor and fake it until you achieve your objective (degree, certificate requirement).

With the hard science instructors also buying into the liberal BS as well (academia being the philosophically incestuous little community that it is ): it's very difficult for young people (the non-expert) to separate the wheat from the chaff.
So it's very easy to fall for the pseudo-science liberal indoctrination thing (esp since you are likely to be tested on your ability to regurgitate and expound upon such nonsense).

THANK GOD for the availability of the internet. Unlike when I went to college it serves as a ready repository of competing philosophy once monopolized by the academic environment.

With all the stress and activities of college life it's the unusual student that takes the time to really investigate subjects.

Therefore: growing up, raising a family and getting a job is often the start of the real education of a conservative.

 

[Lucrum]

Quote from Brass:

Let Max be a cautionary tale for your children. I agree that, in his case, his education was a complete waste of time, judging by his laughable ignorance of anything remotely economic. Assuming he actually even took and passed the relevant courses. And now Max thinks people should get their "education" from the Internet, where he himself has been edified by a choice selection of slant pieces.

Again, let Max be a cautionary tale for your impressionable children.

If I'm not mistaken I believe Max was educated in your native Canada.

 

[Max E.]

Yep, i got my degree from the university of Toronto.

Given the fact that Brass fancies himself as some sort of genius, it must really grind his gears that i consider my degree nothing more than a glorified piece of ass wipe, yet i make more money then he ever has in the stock market, and im half his age.

Quote from Lucrum:

If I'm not mistaken I believe Max was educated in your native Canada.

 

[Lucrum]

Quote from Max E. Pad:

Yep, i got my degree from the university of Toronto.

Given the fact that Brass fancies himself as some sort of genius, it must really grind his gears that i consider my degree nothing more than a glorified piece of ass wipe, yet i make more money then he ever has in the stock market, and im half his age.

I see can Horse's brASS now when he reads this:




<iframe width="420" height="315" src="http://www.youtube.com/embed/HY-03vYYAjA" frameborder="0" allowfullscreen></iframe>

 

[futurecurrents]

Quote from PHOENIX TRADING:

It's not that education is a complete waste of time it's just that one must recognize the pseudo-sciences are full of BS.
If one must take those types of classes (and they do for a liberal arts degree) it's best to just learn the bias of your instructor and fake it until you achieve your objective (degree, certificate requirement).

With the hard science instructors also buying into the liberal BS as well (academia being the philosophically incestuous little community that it is ): it's very difficult for young people (the non-expert) to separate the wheat from the chaff.
So it's very easy to fall for the pseudo-science liberal indoctrination thing (esp since you are likely to be tested on your ability to regurgitate and expound upon such nonsense).

THANK GOD for the availability of the internet. Unlike when I went to college it serves as a ready repository of competing philosophy once monopolized by the academic environment.

With all the stress and activities of college life it's the unusual student that takes the time to really investigate subjects.

Therefore: growing up, raising a family and getting a job is often the start of the real education of a conservative.

I'm still waiting to hear what exactly is the proof of a liberal slant in academia. Frankly I think that whole meme is a bunch of typical narrow-mnded, anti-science, right-wing bullshit. In what specific way is college "pseudo-science liberal indoctrination" ? Teaching evolution? Teaching climatology? Teaching that homosexuals are the way they are because of their physiology? Not mentioning God in biology 101 ?

 

[Max E.]

The fact that you would even ask this question proves just how big of a fucking idiot you are.

Quote from futurecurrents:

I'm still waiting to hear what exactly is the proof of a liberal slant in academia.

 

[Brass]

Quote from Lucrum:

If I'm not mistaken I believe Max was educated in your native Canada.

So? Education can only cure ignorance, not stupidity.

 

[Brass]

Quote from Max E. Pad:

Yep, i got my degree from the university of Toronto.

Given the fact that Brass fancies himself as some sort of genius, it must really grind his gears that i consider my degree nothing more than a glorified piece of ass wipe, yet i make more money then he ever has in the stock market, and im half his age.

I'm only a "genius" when compared to you. As for the rest of your drivel, I'm sure it's about as valid as your recent "assessment" of Carbonite:

http://www.elitetrader.com/vb/showthread.php?s=&postid=3469780#post3469780