WE are the 95%!

tradin4profits · Apr 20, 2012

EMG , when your parents wasted their hard earned money to get you that " higher education"

that you supposedly received . Well I am just wondering, how much did it cost mama and daddy to send you to school to teach you how to have 20+ user names and post non stop BS all day? Does your teacher pay you per post? It seems you have alot to learn not only about trading but life in general.

southbeach4me · Apr 20, 2012

Quote from tradin4profits:

EMG , when your parents wasted their hard earned money to get you that " higher education" that you supposedly received . Well I am just wondering, how much did it cost mama and daddy to send you to school to teach you how to have 20+ user names and post non stop BS all day? Does your teacher pay you per post? It seems you have alot to learn not only about trading but life in general.

He's just an attention whore, enough said

tenthousandmen · Apr 20, 2012

Quote from emg:

It is called undergraduate degree.

A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice. Within the area studied, graduates are posited to possess advanced knowledge of a specialized body of theoretical and applied topics; high order skills in analysis, critical evaluation or professional application; and the ability to solve complex problems and think rigorously and independently

http://en.wikipedia.org/wiki/Master's_degree

A doctorate is an academic degree or professional degree that in most countries refers to a class of degrees which qualify the holder to teach in a specific field.

In some countries, the highest degree in a given field is referred to as a terminal degree, although this is by no means universal (the phrase is not in general use in the UK, for example), practice varies from country to country, and a distinction is sometimes made between terminal professional degrees and terminal research degrees (such as the J.S.D., or S.J.D. in law)

http://en.wikipedia.org/wiki/Doctorate

how stupid are you

tradin4profits · Apr 20, 2012

The ONLY thing you need to be successful in trading or running a business is common sense and know how to add and subtract. Common sense is much more valuable in trading or running a successful business than any college degree...Common Sense IS the HOLY GRAIL!

emg · Apr 25, 2012

Here is an interesting statement from the SEC:

http://www.sec.gov/investor/pubs/daytips.htm

Be prepared to suffer severe financial losses

Day traders typically suffer severe financial losses in their first months of trading, and many never graduate to profit-making status.

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

Higher Education will help u become a successful trader

HIGHER EDUCATION!

emg · Apr 25, 2012

Quote from emg:

Here is an interesting statement from the SEC:

http://www.sec.gov/investor/pubs/daytips.htm

Be prepared to suffer severe financial losses

Day traders typically suffer severe financial losses in their first months of trading, and many never graduate to profit-making status.

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

Higher Education will help u become a successful trader

HIGHER EDUCATION!

To answer another Thread question:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=241274

Quote from flipside21:

Why are women traders so rare?

the answer really is

Quote from emg:

They don't want to lose.

emg · May 1, 2012

Here is an interesting Dave Ramsey's Video

<iframe width="420" height="315" src="http://www.youtube.com/embed/BWIpTdg7tj8" frameborder="0" allowfullscreen></iframe>

Dave Ramsey - Day Traders Lose Money 7 Out Of 10 Times - Let the Pro's Manager Your Money with a long track record on a Mutual Fund that will average between 10% and 12%!

Occam · May 1, 2012

Quote from tradin4profits:

The ONLY thing you need to be successful in trading or running a business is common sense and know how to add and subtract. Common sense is much more valuable in trading or running a successful business than any college degree...Common Sense IS the HOLY GRAIL!

Earning outsized returns on capital is a highly competitive field (as it should be) with most successful having the greatest dollar weight in pushing prices towards perfect efficiency, so common sense isn't going to be enough.