Why do 5% of Traders Win?

Quote from loogling:

It wasn't my intention to make fun of losers. I'm sorry if it turned out that way and I hope it stops here. I believe "The best loser is the long-term winner." And often, more can be learned from a losing experience than a winning one. I just find it somewhat sad that there are so many more posts on one subject compared to the other. I'll be glad to join you in priding myself as a loser as well.
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well, it started out all they were talking about is why people lose, so I started this one on why people win, so the overwhelming opinions on winners against losers is kind of interesting.

If there had been 60 pages on the losers forum I would have started this and someone would have noticed how many know about losing and how few know about winning.

It's just a mind game man, nobody takes it that seriously. No problem, no need to aplogize.
 
Quote from cyoungmark:

LoL I would think that winners are at the core of being profitable...................................................
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Nope, without the 95% there would be no 5% (in a zero sum game) so take a loser to lunch and encourage him to try again. I take my money from other traders by being better at trading than they are.
 
Quote from trhudson:

Your OPINION is EXACTLY why you would not be a good fit for trading a system.

System traders use techniques you probably haven't even heard of to find probabilities and find edges in some simple concepts. If you are still looking at a chart, I am certain this concept is new to you.
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I dont know what you want ? But, i.......

only look at chars....

and i have my edges there........

And i do look at them of course different than all the 95% who look at charts and lose........

Most problem of losers who look at charts, is that they only look at one or two timeframes........

->->-> I look at 12 timeframes and more all the time !!!!
To get a clear market view.......................... !!!!!!!!!!!!!!

Also losers think they just need one indicator, usually a osscilator and all is fine.......

Bullshit, i use them too, but i use many of them, to analyze the clear odds of the markets situation..........one is just not good enough..........

The clear said reason why 95% are lose, is that they are lazy and stupid like a brainwashed donkey.............

I worked very very very very very very hard, for what i know, and now i just enjoy it to gain the money until i die.........

HEHEHEHEHEHEHEH

:p :p :p
 
Quote from krittika:

I was gonna say,'pick up any instrument and i`ll show you
99%,but naah...'Once a turd alway a turd!

Been 10 years and you are still hillarious!
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:p
I love you.....

you have my kind of humour....

Keep rockin........

Charting is king........
:p :p :p
 
All you need to be successfull,........

is a real working edge......

the more the better......

the better % success probability the edge/s have the better.
----------------
Then let the edge/s work.........

Make money and risk more and more on every trade, safe money and enjoy the ride....

Make statistics about it, to see for yourself why it is how it is....
its no miracle, its just statistical facts.....

OK. So just work the edge.........

Like the casinos in Las Vegase, 24hours............

:cool: :cool: :cool:
 
Quote from ocean5:

What kind of broker allow you to trade 3 gold cars with the $300 bucks deposit?

:D

MickeyMouseFutures.com
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LOL:p

thank you,

that gave me the taste for my next glass whiskey....

MickeyMouse.......LOL

:p :p :p
 
Quote from HATEtheRisk:

LOL:p

thank you,

that gave me the taste for my next glass whiskey....

MickeyMouse.......LOL

:p :p :p
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HateTheRisk, may be you should take it easy with the bottle??? btw single malt?
 
Quote from ssrrkk:

HateTheRisk, may be you should take it easy with the bottle??? btw single malt?
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nope......

i need the flash tonight......

i love scotish whisky, not that bullshit from the USA.

Original is the best.

At least 5 years old....

Just beautiful, oh i could tell you stories about good old whisky, hmmmmmmm.......so good.......makes trading much enjoyable......

----------------------
But to the toppic, here....

i dont know what you guys talking about,.....

i just buy and sell and i am doing it right..........

Important for me to learn was just one thing,

#1) Dont trade against the momentum...... !!!

So, in easy words: Go in and out how you want, but never do it against the momentum, and only do it at the begin to enter and the end to exit.....

I am talking about momentum.... Does anybody here know what this means...not the indicators....... the price moves......man, ......

momentum is the key.....

Its fucking easy...........to easy..........too easy......too boring....
Why cant it be like poker........just bet and see 1 minute later, how it went out............why, why, why...................i am wasting so much time with this money making shit...........

Fuck trading........Fuck money

:p :p :p
 
Quote from ammo:

lucias,i predict all day,every day,am i right,seldom,you watch what they show you ,you bet and when wrong,trade out of it,the mental game of being right and having money in and being wrong is trading,predicting,i can find 1000 folks that claim to be good,it's all a maybe,when you have money in the game there are a lot of losses,predictors can always say i didnt take that trade or i took an early loss,because it wasn't trading, big difference,get a sim ,drop a few g to open an acct,nite and day to predicting
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Yes, but............

i wish i could automate my trading..........or would let somebody else do it, than me..........

Its like poker, i always have to compare it to poker.

Only bet on it, if you have:
AA,KK,QQ,JJ,1010,
AK,AQ,AJ,A10
QK,QJ,Q10,J10

Suited:
Ax,Kx,
J10,Q10

Nothing else..........
---------
Now for trading, while you have not to pay Blinds in the game, you only should trade if you have AA.....and you should exit the trade, if you have scared cards on the flop and turn, like for a full house or flush......Never risk to much........

But, yes, its about predicting correct.....
and if you being correct about it, you can bet on it, you wont lose......

Good traders never lose.............. !!!!!

NEVER

:cool: :cool: :cool:
 
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