Time spent learning the craft of trading.

[Dazz]

I didn't see it as why traders fail but rather why trying to find a trading room or an educator is very difficult.

Nothing about what a struggling trader could do or stop doing to improve.

I suppose that shadowing a proven bot is a solution. I prefer to be in control, then I only have myself to blame.

Good thinking - I shadow trade with 3 bots every day; I stratify acceptable trades based on diurnal variation; tgt 1 vd 2, pullback additions and longs vs. shorts for NQ, GD and YM; $1283 per day over last 162 days at 3 contract per trade.

 

[Dazz]

I have no interest in debating your list why you think trading or learning someone to trade is impossible. Most people that do not succeed at something thinking it can not be done and debate it to dead why they are right that it can not be done. Nobody cares about that and it is not productive to even get in such argument. I trade succesfully and I teach others. You even state in your first sentence that I'm wrong about that and go sit on a fence because I react with a yawn to that. Get real here. You are on a trading forum here, telling it can not be done. What are you doing here if that is the case? I'm sorry that you feel this way but it is not my problem you are struggling with yourself or that you have bad experiences with trading and/or mentor, trading rooms or you boss for all I care. If you have a serious question about how to get succesfull at trading, then I will answer that. You are going to need to decide if you are going to be a loser complaining the failure rate or you are going to need to pop out your ears and listing to the people who do it. It is that simple, my friend.

Well since you cannot defeat #1 or # 2 arguments, I win and further, I hope grow up just like you in a decade, albeit better manners.

 

[Overnight]

Good thinking - I shadow trade with 3 bots every day; I stratify acceptable trades based on diurnal variation; tgt 1 vd 2, pullback additions and longs vs. shorts for NQ, GD and YM; $1283 per day over last 162 days at 3 contract per trade.

Prove it. Do you have a journal? $200k+ is a haugty claim for someone who thinks I'm an Iranian named Alex whatever.

 

[ronblack]

Your presumption that effective trading can be learned is wrong:

8. ...trading is a massively competitive, algo dominated, zero sum event against tens to hundreds of thousands unseen predatory traders, such as JP Morgan.
9. And and all claims of "successful education" cannot be substantiated, verified or authenticated.

I haven't been in these forums for a while due to focusing exclusively on my trading and business under pandemic conditions but I must say after reading this thread by chance that 8 and 9 summarize accurately everything I would also say. Some traders I know had to unlearn what someone taught them to start all over again and this was hardest part. But I cannot discount existence of some good teachers who are probably too old to tolerate the adrenaline of trading or have no sufficient funds to execute their strategies for some reason. Anyone younger than maybe 50 who claims to be a teacher should be scrutinized carefully because as 8 above says trading is competitive and it makes no sense to teach someone else a profitable method.

 

[Dazz]

Prove it. Do you have a journal? $200k+ is a haugty claim for someone who thinks I'm an Iranian named Alex whatever.

I will prove it if you can prove you can count to 200K. It is a big number. Ready go - perhaps include a video of you actually counting/lips moving, etc . After some 13 posts already today, sure you can count that high?

Next prove that you are over 18 yo - something with a picture in it - I cannot respond to children and so far you sound like one.

Last, proof you are a US citizen- disclosing financial information to an Iranian of question intent would be proscribed.

 

[Laissez Faire]

Your presumption that effective trading can be learned is wrong:

1. there are 2108 futures " trade rooms" that I have on my master encyclopedic list; only 28 trade.
2. Since 98.% do not trade - but sell- we must conclude trading is really hard , why else would not one do it.
3. Trading is known to be massively competitive, beyond Olympic level competition - every day - and algo dominated.
4. To trade successfully as an individual human, since so very very few do it, seems to require some form of true talent
5. True talent by definition is very rare so you probably do not have it nor your students.
6. True talent cannot transferred by teaching and mentoring; you cannot absorb it.
7. Point in fact: after teaching and mentoring by 2080 sites, 90-95% of traders go on to fail.
8. "Learning the craft" as you call it better applies to embroidery and sewing; trading is a massively competitive, algo dominated, zero sum event against tens to hundreds of thousands unseen predatory traders, such as JP Morgan.
9. And and all claims of "successful education" cannot be substantiated, verified or authenticated.

I agree with most of this, but, I think another distinction that needs to be made is that those who actually know how to trade generally won't have a desire to run a trading room or sell educational materials.

So it's not necessarily true that trading can't be taught - it's just that those who are in the teaching business ain't worth learning from.

And even if you found a mentor who could show you the way you would have to put in the hours yourself. This is even true in other fields of education where the failure rate is also high.

 

[Overnight]

I will prove it if you can prove you can count to 200K. It is a big number. Ready go - perhaps include a video of you actually counting/lips moving, etc . After some 13 posts already today, sure you can count that high?

I can only count to twelve, since I learned it on the teevee.

Next prove that you are over 18 yo - something with a picture in it - I cannot respond to children and so far you sound like one.

Here's a random pic of some guy, over 18 YO.

Last, proof you are a US citizen- disclosing financial information to an Iranian of question intent would be proscribed.

I was there and my heart was ripped from my soul. Where were you?

 

[Dazz]

I agree with most of this, but, I think another distinction that needs to be made is that those who actually know how to trade generally won't have a desire to run a trading room or sell educational materials.

So it's not necessarily true that trading can't be taught - it's just that those who are in the teaching business ain't worth learning from.

And even if you found a mentor who could show you the way you would have to put in the hours yourself. This is even true in other fields of education where the failure rate is also high.

I agree - there is no given assumption that good traders will every reveal - much less teach - their successful and learnable methods.

 

[Dazz]

I can only count to twelve, since I learned it on the teevee.

Here's a random pic of some guy, over 18 YO.

I was there and my heart was ripped from my soul. Where were you?

 

[Overnight]

A reply to my post with no text from you is not a reply.