What posts make the true old pros laugh?

Quote from patch227:

. . . what old pro’s (e.g. day trading longer than 7 years) read on the forums that make them laugh. . . .

I haven't been around that long, but I thought MR.MARKET was pretty entertaining, and definitely not in a "Laugh With Him" way.
 
It might've took 7-5 years back in the day for someone to be a pro or to reach a level of expertise and to extract profits from the market. But, the times are different and the technologies available a lot better that it shouldn't take someone more than 2 years, or at the very least 3 years to reach the level of an expert.
 
Quote from Ripley:

It might've took 7-5 years back in the day for someone to be a pro or to reach a level of expertise and to extract profits from the market. But, the times are different and the technologies available a lot better that it shouldn't take someone more than 2 years, or at the very least 3 years to reach the level of an expert.

:eek:

I would agree with you if the psychology of trading wasn't still 99% of the battle. But it is.
 
Quote from Ripley:

...it shouldn't take someone more than 2 years, or at the very least 3 years to reach the level of an expert.
Not more than 2, but not less than 3?
:confused:
 
Quote from Cheese:

What posts make the true old pros laugh?

Frankly there aren't any pros on EliteTrader. Serious professionals exploiting the market wouldn't be wasting their time jacking around shooting off their mouths with a lot of the half baked stuff on EliteTrader..........................

I agree........99% of ET posters use an alias. Why not use their real name? What are they ashamed of?
 
Quote from uninvited_guest:

I agree........99% of ET posters use an alias. Why not use their real name? What are they ashamed of?

totally agree Mr. Guest. :D
 
Quote from Thunderdog:

Not more than 2, but not less than 3?
:confused:

Once again this lad is talking his "book". He stated in no uncertain terms how much he has lost in the past 2 years. So he is essentially saying that he HOPES by next year he is an expert.
 
Quote from Cheese:

What posts make the true old pros laugh?

Frankly there aren't any pros on EliteTrader. Serious professionals exploiting the market wouldn't be wasting their time jacking around shooting off their mouths with a lot of the half baked stuff on EliteTrader. Nor would they even want to be associated with the assortment of 'wannabes' and 'over-the-hill' participants on EliteTrader, either mediocre or most often doomed.

If you are an independent trader or trying to be an independent trader it is because you've failed in your attempt to become a well paid office stiff. That is about where its at. It is pretty obvious from all the posing and puffed up horsesh*t that fills ET threads.

For all the very many frail egos at ET what I've said is going to be hit on as negative. The answer is: get real.

Is there anything positive? Yes. You cannot win unless you dedicate yourself to and immerse yourself in the complete study and analysis of the market you are playing in or want to play in. This will take time and involve a hell of a lot of work. There are no edges. There are no 'fixes' or series of 'fixes' to make you a winner. For some or many, it is or will be beyond their temperament or capabilities or both.

So for 2006:
Happy Trading.
:)
Cheese,

(1) Only kidding: Cheese can't be a Pro as he hangs around too much at ET's (Cheese said so :) );
(2) Let me add, don't forget that you play against the best brains money can buy. So these admonitions by Cheese make quite some sense;
(3) As to "PRO's" loitering at ET's, firstly, I don't believe in "PRO's". In fact a lot of what passes for it often cuts corners by having access to either information or trading not available to the "unprivileged"; secondly, I think that it is extremely interesting to regularly visit ET as it enables one to continuously gauge those few more nimble traders as well as that almost uncountable indispensable flock of the less nimble;
(4) The truly unsupportable ones are those science & math clowns. Not that nononsense doesn't have any respect for science & mathematics. Much to the contrary. I only hate those pretentious impostors and quacks. :D

nononsense
 
I meant 2 years at the very least and if not, no more than 3 years.

It took me 3 yrs since I started lurking on the ET boards, or 2 years of trading.
 
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