Quote from Cocaine:
Why did you continue trading after your last thread? Pretty f-ing stupid to constantly throw money away and then say "well, i really dont know what i am doing". dumb dumb dumb. Jesus man, how stupid can you be?
You could be projecting again Cokey.. why don't you send him to Jack's thread if he really wants to piss money awayQuote from Cocaine:
Why did you continue trading after your last thread? Pretty f-ing stupid to constantly throw money away and then say "well, i really dont know what i am doing". dumb dumb dumb. Jesus man, how stupid can you be?

Quote from Bullz n Bearz:
scorpion, trading is for me, however, i still need a strategy that works. no bullshit.
people say to practice practice practice.. but practice from WHAT??? i don't know where my foundation is..
people say markets are random,people say there not.. what's the deal
Quote from Bullz n Bearz:
So, I blew out my account once again today..
Offers are coming in left and right from hungry /greedy traders who want to seize my 1,000 an hour offer. I have strong reservations for who I choose to use as a mentor for my trading life.
Now, ET should be about openess and honesty.. Well let me practice those principles with you all here today..
Why isn't everyone making money at trading and 90% of traders fail??
Because the brokers, analysts, banks, media, fellow traders are all out for themselves and in the process of being out for themselves they try and take you out of the picture first.
The world can only function with its supply of stupid people. Without them, consumerism would not be here today and people wouldn't be spending so much money that their eyes bleed through.
Nobody taught us at an early age to become great at anything unless we were born into that "select few" family that pretty much pre-determines their children to be harvard grads. Only the children who follow their smart / rich parents outlook on life, achieve the great success their predecessors do.
Sadly, most of us aren't born with that priveledge. We are born to a life of mediocrity.
This is why I feel I am failing so hard every day trading. I have almost been taught an early age to fail and self destruct whenever i start doing well at any activity in life.
This applies to the masses.
Who capitilizes on this self-destructiveness? The media, the brokers, your "forum friends". They know that you aren't competant enough. So what do they do? They try to swindle you and make you unconciously sign over deals that will put your finances in jeopardy for life.
Life needs a change, but I sure as hell won't be the one leading the movement. We do however, need more people to really wake up and stop being such dicks when the truth is thrown out to the public.
Quote from optioncoach:
Imagine you were going to take up golf, wouldn't you put hours and hours and effort into learning how the gmae works and what skills are required and practice those skills and study different pros and go to the driving range week in and week out to find your style and swing and on and on...
YOu have shown no aptitude or desire to do any hard work whatsoever and assume that just because you open a trading account you EXPECT to make money. You have not even shown any effort to study why you lost money.
If laziness and lack of dsicipline is what you are convinced of it takes to succeed then you will forever be the market's ATM.
Trading is a skill that has to be studied, acquired, developed and practiced and even that you just might not be cut out for it. If you want something easy you are in the wrong business. You have not shown an inkling of possessing the right frame of mind or tools to even begin the task let alone succeed.
Your desire to look for a strategy that works shows your lack of understanding. All strategies work in the right hands. There are probably close to 30 different option strategies out there and all make money when used correctly. So stop looking for the quick fix to a problem that lies deep inside of you.
If you think I am off-based or do not know what I am talking about, you will do a very good job of proving my point even more.