Interesting duality there - sometimes ya feel big and sometimes ya feel small.
Agree with your point though -- once you make it, you have nothing to prove and it's kind of a holy shit, I made it.
The truth, I'll prove it
- Thread starter wwatson1
- Start date
Interesting duality there - sometimes ya feel big and sometimes ya feel small.
Agree with your point though -- once you make it, you have nothing to prove and it's kind of a holy shit, I made it.
Yup, noone else in this business is profitable. Quit while you're ahead because it appears you're on a lucky streak.
If you believe that no one in the industry is profitable then it would seem like the height of stupidity for you to endeavor on that same path. Yet you are. Why would you bother with a "learning curve" if you believe profitability is impossible? Maybe because you don't really believe it?
Perhaps you should run along and pursue something that you would truly love doing and leave all of us poor saps to wallow in our unprofitable misery.
Regards,
Dr. Zhivodka
Perhaps you should run along and pursue something that you would truly love doing and leave all of us poor saps to wallow in our unprofitable misery.
Regards,
Dr. Zhivodka
Quote from Dr. Zhivodka:
If you believe that no one in the industry is profitable then it would seem like the height of stupidity for you to endeavor on that same path. Yet you are. Why would you bother with a "learning curve" if you believe profitability is impossible? Maybe because you don't really believe it?
Perhaps you should run along and pursue something that you would truly love doing and leave all of us poor saps to wallow in our unprofitable misery.
Regards,
Dr. Zhivodka
wwatson.....Can you say "checkmate"?
Quote from wwatson1:
I am 25 years old now and have been studying and trading stocks, futures and options since I was 18.
Not one person out of the 20 thousand or so members of elite trader could post genuine monthly account statements for the last year that show they are making a good living or even reasonable money trading.
Prove me wrong!
I sell covered deep out of the money options with 2-3 month left to expire for very small % gain. I belive that is all you can hope for in the markets.
let me no your thoughts or prove me wrong.
After 7-8 years, you still have not figured out what is doable and what is not in trading and come up this this kind of post?
what a waste of time.
wwatson,
This challenge sounds a lot like that old story of the man who approached a goodlooking woman in a bar and challenged her to prove to him that she was a good lover. If she did and won the bet, he'd give her $100.
What on Earth was that idiot thinking? That if she refused to comply to that %%$$##@@ ludicrous demand and said no to his face, she'd be adimitting that she was a bad lover?
What are YOU thinking, wwatson?
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Now, how did that story end? I forget... Oh yes, she laughed and winked and told him that her regular price was $5, but she'd do it for $100, noooo problemo!
At which point, he, of course, turned and ran.
This challenge sounds a lot like that old story of the man who approached a goodlooking woman in a bar and challenged her to prove to him that she was a good lover. If she did and won the bet, he'd give her $100.
What on Earth was that idiot thinking? That if she refused to comply to that %%$$##@@ ludicrous demand and said no to his face, she'd be adimitting that she was a bad lover?
What are YOU thinking, wwatson?
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Now, how did that story end? I forget... Oh yes, she laughed and winked and told him that her regular price was $5, but she'd do it for $100, noooo problemo!
At which point, he, of course, turned and ran.
This is an off the wall thinking that most traders have and of course would make them lose whatever edge they have in the market right of the bat.
Good luck to all that have this kind of thinking and my advice is please go play somewhere else or the other 10% winners will eat your lunch.
Good luck to all that have this kind of thinking and my advice is please go play somewhere else or the other 10% winners will eat your lunch.
I agree that there are many here that don't make $$$. But, the ones making bank usually have nothing to prove to anyone. It's like the old saying "a true master needs to prove nothing."
But I also agree that if many knew how hard it was to make money or to become consistently profitable they would not do it. Most read the failure statistics at the beginning and think "oh I'm different, I'll make money." I guess it's just one of the flaws of being human.
But I also agree that if many knew how hard it was to make money or to become consistently profitable they would not do it. Most read the failure statistics at the beginning and think "oh I'm different, I'll make money." I guess it's just one of the flaws of being human.
Quah... lol
