Where does everyone live/trade and how old.

Quote from Steve Tvardek:

Thats pretty condescending considering you are a newbie yourself, at least after reading your million $$ quest thread started THIS PAST Oct, it sounds like you are.
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That wasn't my intention. Its just the fact that anyone can sign up at a broker and place a trade and all of a sudden you're a trader.

But, to be a doctor or a dentist etc you have to go to a professional school and then complete certifications and exams etc to be qualified as one.

There should be a minimum requirement of at least 24 consecutive profitable months before someone can classify themselves as a trader.
 
Quote from Ripley:

That wasn't my intention. Its just the fact that anyone can sign up at a broker and place a trade and all of a sudden you're a trader.

But, to be a doctor or a dentist etc you have to go to a professional school and then complete certifications and exams etc to be qualified as one.

There should be a minimum requirement of at least 24 consequetive profitable months before someone can classify themselves as a trader.
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Are you a trader?
 
Quote from Steve Tvardek:

Thats pretty condescending considering you are a newbie yourself, at least after reading your million $$ quest thread started THIS PAST Oct, it sounds like you are.

Dont get down on traders for being new. No one goes from novice to "elite" overnight.
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i agree steve. it wasn't too many months ago we saw this post:

http://www.elitetrader.com/vb/showthread.php?s=&postid=768843#post768843

and:

http://www.elitetrader.com/vb/showthread.php?s=&postid=771356#post771356

a few months later, this guy has progressed to:

http://www.elitetrader.com/vb/showthread.php?s=&postid=917544#post917544

as i recall one of his 'best days ever' early on was about $200 in a day. six months later he's doing 5-10 times that much ... and consistently. not too shabby for a noob.

it's too easy to get in on the noob-flaming (and not that Ripley was necessarily flaming noobs either). eveyone has to start somewhere.

take care :)

omni

BTW: congrats Szeven on your continued and expanding success.
 
I hear what you are saying but I doubt that the brand new guys outwardly claim to be "elite". If they did, then they deserve to be brought back down to earth.

24 months of profitability is a little extreme. I, myself, have probably only been profitable for 14 months, but have made almost $120,000 net this year trading. According to your criteria, I am not a trader.


Quote from Ripley:

That wasn't my intention. Its just the fact that anyone can sign up at a broker and place a trade and all of a sudden you're a trader.

But, to be a doctor or a dentist etc you have to go to a professional school and then complete certifications and exams etc to be qualified as one.

There should be a minimum requirement of at least 24 consecutive profitable months before someone can classify themselves as a trader.
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Quote from HorsesToTrading:

Are you profitable last 24 months?
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Last 24 months:

Net trading losses: -$50 K
Living expenses for 2 years: -$50K
Salary at a job wasted away: -$120 K

25 and to know that you won't have any more negative trading months ever again: priceless.... or at least a couple of billions.
 
age-- ancient


location-- bryn mawr, PA


occupation---marketsurfer's handler,muse,spiritual advisor,and compliance officer.


don't you all wish you could be soooooo lucky!


:D :p

666
 
Quote from Ripley:

That wasn't my intention. Its just the fact that anyone can sign up at a broker and place a trade and all of a sudden you're a trader.
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true. that's really all it takes. if you've got the money, honey, we've got your disease.

But, to be a doctor or a dentist etc you have to go to a professional school and then complete certifications and exams etc to be qualified as one.
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yeah, but in nearly every field that has such qulaifications, from teaching to telecom to law to medicine and beyond, it's easy to find unqualified 'qualified' practitioners.

There should be a minimum requirement of at least 24 consecutive profitable months before someone can classify themselves as a trader.
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ugh, i'm sure that would make the IRS very happy, but scores of very profitable traders still have down months. if a trader had 20 winning months, averaging 8% each month, had a down month, and then had 22 winning months, he's still not a trader? with any other job you are what you are as long as you are doing it. fry cook, accountant, porn star, insurance salesman, whatever it is.

anyway, thx for clarifying your original post and intentions.

take care :)

omni
 
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