The Rise of the Day Trader

Quote from Metamorphosis:

This is a thread resurrection but I recently saw this video on Youtube. I don't understand all the naysayers. This guy and his brother have been doing this for a long time.

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It's a very strange phenomenon in which supposed traders become members of a forum for traders and display animosity toward successful career traders. Most probably the result of self-loathing I presume but everyone is allowed their own opinions, however foolish.
 
personally I believe that it was discovered that this board was very politically conservative and liberal shitheads had to pile on with their endless stream of useless attacks. They are just into misinformation and disinformation all day every day... I'm a trader, been so for 15 years or so, I do my own due diligence, it's better than paying attention to every ignorant pos that comes along....
 
Quote from Rabbitone:

Gaj - The swearing was not the issue we are talking about. Many non-trading corporate professionals swear all day long at computer tubes. I know I did as a DBA at 2:00 AM when I used to recover 2 gigabyte databases before I retired to being a trader. However, I never recall DBA�s being depicted this way in any publication.

What we are saying is this article characterizes traders as seat of the pants reactionaries who are ill prepared to trade, much less perform any function in society. The writer made it sound like traders are stealing from the markets (from the poor investor) as they collapse and are not grounded with any form of method or planning to do this on a regular basis. We are in effect the Gauls sacking Rome. The writer was blaming you and I for the markets ills. We are the bad guys. Think about it. The next time you are introduced to some one new as a trader. Is this the characterization from this article the way you want to be pictured?
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No offense but which planet were you on in 2008 when the markets were crashing?! Mainstream media was pointing the finger squarely at those 'greedy day traders' shorting the market .. hence the ban on short sales! Have you not worked it out yet? Day traders are the scape goat.

Around the time friends (who don't trade and know nothing about it) were asking me if I know anyone who is involved in this evil short sale practice. I wonder where they heard that from!

Watch what happens if we have another significant leg down to new lows ... look who get's the blame.
 
Quote from DrEvil:

No offense but which planet were you on in 2008 when the markets were crashing?! Mainstream media was pointing the finger squarely at those 'greedy day traders' shorting the market .. hence the ban on short sales! Have you not worked it out yet? Day traders are the scape goat.

Around the time friends (who don't trade and know nothing about it) were asking me if I know anyone who is involved in this evil short sale practice. I wonder where they heard that from!

Watch what happens if we have another significant leg down to new lows ... look who get's the blame.
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why it's those evil HFT day traders ofc!:D
 
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