WE are the 95%!

Quote from Soon2Bgreat:



The crap you posted is for programming/engineering positions.

That is HFT position. This is the HFT era. They do not call themselves engineer but Quantitative Traders.


There is barrier to entry to become a successful trader, but there is no barrier to entry to become a loser. The gov will make sure everybody can open a retail accounts easy, for instance, $1000 to open a futures account.
 
Quote from emg:

work for the house and go figure.

So you don't know.

Quote from emg:

Similiar to MIT BlackJack Team, there is barrier to entry

Barrier to entry was the ability to count a six-deck shoe. No education required. Just like trading.
 
Quote from emg:

That is HFT position. This is the HFT era. They do not call themselves engineer but Quantitative Traders.

There is barrier to entry to become a successful trader, but there is no barrier to entry to become a loser. The gov will make sure everybody can open a retail accounts easy, for instance, $1000 to open a futures account.

You're the worst.
 
Quote from euclid:

So you don't know.



Barrier to entry was the ability to count a six-deck shoe. No education required. Just like trading.

those job posts i posted salary more than $200K annual plus bonuses.


As for the MIT Blackjack Team:

http://themitblackjackteam.com/

read their site. They made a million. How they made a million, they are MIT. There is a barrier to entry to enroll MIT.

Good Luck on your trading
 
Quote from emg:

The question is why are they failing?

The answer is, they DO NOT have a proper college degrees to become a trader. Trader is a CAREER PROFESSIONAL that requires college degrees. Math, Computer Science, and a minor degree of financial Math are the degrees to become a trader and begin working in the house.

Those 90% or 95% or 98% losers looking for shortcut by studying trading at home subscribing 3rd party vendors. U LOSE!!

U don't believe me? Look at your loses for the past 20 years. U were never up. U profit and u gave it back. U profit for 2 years thinking u are the GURU but gave it back on 3rd yr and blew your account afterward.

Ask yourself this:

Is it possible to become a Medical Doctor without a degree?

Is it possible to become a lawyer without a degree?

Is it possible to become a school teacher without a degree?

lazy = loser

Too lazy to get a college degrees to become a trader.

H-I-G-H-E-R E-D-U-C-A-T-I-O-N

Don't u tell your kids that getting education is thy most important part of the life before starting a career? HUH!!! WHY CANT U? EAT YOUR WORD

There are tons of successful traders who have a proper college degrees making more than $50K per month trading in the house. If you don't believe, go work for the house and find out.


More than 90% of small traders lose! They just lose!!




Even the smartest FAIL big emg




http://en.wikipedia.org/wiki/Long-Term_Capital_Management
 
so everyone here is profitable except me.. wonderful (when your pushing that 50 lot in ES could you throw in an extra 3 cars for me, I'll send a singing christmas card)

Reality: up until mid - 90's it was possible to trade profitably. The market wasn't as airtight as it is today, level 2 was somewhat useful and spread trading opportunities were accessible to retail traders.
Fast foward to 2011: The SOES trading loophole was closed. HFT's run the market, everything is correlated, if you made profit trading CL or AAPL, you probably could have made the same trade in ES with triple the size and less slippage. Stocktwits has thousands of traders on the site with a very active ES stream I followed for months, not a single ES trader could be labeled as consistently profitable.
 
When you have highly sought after degree, you often get a well paid job and loose you "hunger" to open a business, take risks. Those who have not a degree tend to take more risks, because they have less to loose.
I have a masters degree in computer science and I trade for a living, so not all educated people are employees, but you have to take in account that degrees are not 100% a positive factor to become a successful trader.
Read the book the "market wizards", you'll see that many successful traders do not have advanced degrees or do not have degrees at all.
Look at the wealthiest people cited in forbes magazine, many of them do no even have a bachelor's degree.
 
Quote from Teycir:


Look at the wealthiest people cited in forbes magazine, many of them do no even have a bachelor's degree.

guess what? u are not them. u are just a small trader. these guys were born to be a leader. Too bad u are not them. just too bad
 
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