Stock trading is pure gambling, enjoy!

[vanzandt]

You can't have a million players competing against each other where the majority win, it's impossible.
There is not one best anything.

Wait till 3 years from now, when all the super-whales have the cutting edge of the cutting edge, of AI. Trading against each other. These day's of volatility that we all so much love... that curve is gonna flatten out. You can mark my word. Outside of earnings at least.

 

[themickey]

Wait till 3 years from now, when all the super-whales have the cutting edge of the cutting edge, of AI. Trading against each other. These day's of volatility that we all so much love... that curve is gonna flatten out. You can mark my word. Outside of earnings at least.

It's a wurry orrite!

 

[TrailerParkTed]

Wait till 3 years from now, when all the super-whales have the cutting edge of the cutting edge, of AI. Trading against each other. These day's of volatility that we all so much love... that curve is gonna flatten out. You can mark my word. Outside of earnings at least.

Many of the wise Elite like yourself will remind us, the sharks and whales don’t eat everything. The leavings(Almost used crumbs.) for us little pilot fish. We just have to clean their teeth in return.

 

[SimpleMeLike]

Wait till 3 years from now, when all the super-whales have the cutting edge of the cutting edge, of AI. Trading against each other. These day's of volatility that we all so much love... that curve is gonna flatten out. You can mark my word. Outside of earnings at least.

Hello vanzandt,

I personally think all this AI stuff is just a bunch a bullshit and hogwash.. I have never seen an AI make $1 million or even $100K a year consistently over the past 5 years. EVER.

That AI stuff do not mean Nothing at all , if I can not make a million money from it.

Us retail traders have the best EDGE in life.

Forget this AI crap, its all bullshit and marketing and distractions.

it is distractions because you or noone can depend on it. It is just talk.

Better to click the chart everyday.

 

[semperfrosty]

(A) Of course it's an information war(part of that also being how fast you can parse the data to effectively act) and retail is losing. That we agree on. Where we disagree is that retail is destined to be left in the dust by unattainable things professionals have. A lot of retail is almost willfully ignorant and wants to do everything themselves. In fact most people here recommend and say it's best to trade alone and trading is a solo venture. Logically though what are some of the biggest advantages professionals have? It's actually other people and networks they build. Other people to help in:
* The analysis side
* To bring in more capital
* Some even have access to risk managers
* Coders etc etc

So without listing every single thing out the point is they have other people and team work. The things people say on here rarely make sense. We as retail should pursue trading mainly as a solo thing, yet you envy the advantages of professionals when a lot of their advantages come from partnering up and team work. Brilliant.

(B) Not much to say about this. I agree actual education as far as an all inclusive package of what it takes to be a long term successful trader (particularly intra-day) is lacking to say the least.

(C) This is what I disagree with. The manipulation is actually the reason why some retail traders are able to make outsized gains. Because they learn how the markets work and they not only know it's manipulated, but they find a way to use that to there advantage. Otherwise you're just left with time and account size as your primary edge, with maybe also choosing to rely on the natural bullish bias of major US equities. Those three things are pretty much what 95% of investors and even traders rely on.

(D) I address D within (A) already.


As far as TA I don't concern myself about people who praise it or people who say it's nonsense. Why would you do that if you know and agree the trading world is full of misleading information and disingenuous people giving out a fake shake of hands? Wouldn't you research for yourself using logic and math and if you found something that works use it and if it doesn't work don't use it? That's what I do. It's irrelevant to me what others think of TA. I back test and forward test and use what shows results. Isn't that the best approach to take towards it?

Great post.

 

[semperfrosty]

Wait till 3 years from now, when all the super-whales have the cutting edge of the cutting edge, of AI. Trading against each other. These day's of volatility that we all so much love... that curve is gonna flatten out. You can mark my word. Outside of earnings at least.

Sad but true.

 

[TrailerParkTed]

Sad but true.

It’s all fun and games till Armageddon. Chaos will continue!

 

[semperfrosty]

It’s all fun and games till Armageddon. Chaos will continue!

Agree with this also.Chaos provides new opportunities.

@countryBoy641 made a recent post regarding JD Rockefeller which led me to some reading.

Life long entrepreneur and,it would seem,the wealthiest businessmen of the modern era.

What struck me is how he pivoted.

Partner not on the same page,buy him out.

Wartime-supply food and produce.

Peacetime-carve out a niche in the crude oil business.

Innovate,do it better,zero waste,reinvest,look for new opportunities.

I realise you Yanks have probably learned about him from a young school age,but,apart from the famous name,I didnt know a great deal.I would actually be interested in a detailed biography on the man.He was certainly not born into any kind of wealth.

Apologies for rambling and off topic post.

 

[vanzandt]

It’s all fun and games till Armageddon. Chaos will continue!

When the news reports Russian or Chinese ICBM nukes are inbound, btfd. If they land, it won't matter anyway. If they don't, you'll be able to trade in the trailer and buy the house next door to Trump at Mar-a-Lago.

 

[TrailerParkTed]

When the news reports Russian or Chinese ICBM nukes are inbound, btfd. If they land, it won't matter anyway. If they don't, you'll be able to trade in the trailer and buy the house next door to Trump at Mar-a-Lago.

Revelation 13?