Trading is for dumb people

[Real DEAL]

Afrika trader, you are forgetful, very forgetful.

of course trading is simple and even easy but you also mentioned how you had people teach you and you mentioned how you learned the hard way.

so now you are making money and you completely forgot how it was when you were new at it.

I too find trading simple and even easy, but beginnig wasn't easy, and I always respect beginners like cashmoney69 etc

 

[JimmyJam]

Quote from TSGannGalt:

Kumite means sparring in Japanese... in another words... paper trading...

If you want to split hairs, the correct term is in other words ....

Here is how you use it ... I obviously meant battle ... in other words, real trading ... but thanks anyways.

 

[trendmomentum]

Quote from Africatrader:

I mean what about trading is s difficult? What do you need to understand trading, not much. The market either goes up, down or sideways and that you can see if you look at where the market is coming from. what about that is difficult. I do not understand the fuss about mathematical theories, waves and rest of bull.

I think those trying to tell us that the failure rate is high are people who failed trying to complicate simple things. Uneducated people fare better at trading than those trying to tell us that you need this formula and this theory.

The best things in life are simple, or maybe there is really nothing common about common sense.

I am a microbiologist by career and trade as a hobby. I trade with only 2 indicators, RSI and MACD and nothing else. and what I do is very simple. It takes me 2 seconds to see if I can trade or not by just wacthing this 2 indicators. 2 seconds! I do not have bragging rights to this business, but I have been trading for 5 years now. Still using the same old technic. Nothing has changed. Recently I have discovered that it is also very easy to trade the news, with subscription to news service. Watching by people trying to fleece others, claiming they have the secret, I can do so and earn more money, because I win 8 out of 10 trades. But no need.

Trading is simply and VERY easy.

Yes sure, that's why RSI & MACD where thought out by seriously dumb people, to be used by even dumber people. I wonder how you even managed to turn the PC on to write this shit! LOL

 

[inCom]

Quote from TSGannGalt:

Kumite means sparring in Japanese... in another words... paper trading...

It means sparring because karate was originally developed to kill opponents, not as a sport. So every fight that had not to end with the opponent's death was, by definition, sparring.

GS

 

[bluegreen]

Quote from DannoXYZ:

If it's so easy, why do the majority of traders lose and close up shop?

It isn't easy.

 

[science_trader]

Quote from Africatrader:

I mean what about trading is s difficult? What do you need to understand trading, not much. The market either goes up, down or sideways

One can stop reading after that dumb sentence.... The market always goes up or down. it's all a matter of time scale.


Microbiologist ? You mean truck driver ?

 

[blg01]

depends what your trading africa...

anyone can trade equities/futures without knowing the fundamentals. Ive come across alot of idiots where i wonder how the hell they got the job.


but options trading is a different ball game....

 

[Africatrader]

Quote from Holmes:

you are one dumb ass!

:eek:

Dumb ass making money! You cannot argue with that, or can you?

 

[Africatrader]

Quote from FITENOB:

"trading is for dumb people", summarizes my post. Would you be offended if I were to say that " XYZ" profession is for dumb people & you were in that profession.
My take is some naive college kid is going to read your post & belive the hype, more importantly underestimate the work associated with trading.
I'll give you the benefit of doubt your a successful.
Its easy for you, not everyone. When you remember this fact you'll get a more intimate understanding of the markets.

we live in an instant age, instant sex, coffee, food, success and so the story goes. lt is easy when you have gone passed the difficult stage. it is really easy. what intellectuals like yourself do not understand is to keep things complicated, even after you have reach the stage where you need to take it easy. there is more to life than trading i say again. U are probably even more successful than I am in your profit takes. maybe that it easy for you, than it is easy, you have the right to make that claim because you went through whatever hell it was to get there.

 

[Africatrader]

Quote from science_trader:

One can stop reading after that dumb sentence.... The market always goes up or down. it's all a matter of time scale.


Microbiologist ? You mean truck driver ?

what is your success rate einstein or did you learn trading on playstation 1? Please take the day off, go ride a horse and fall off, hit your head on horse poo, and than you will realize not everything in life is about science