Why do newbies lose?

@SimpleMeLike , if you ever get to 100 contracts trading ES, invite me to dinner. I'm pretty sure I'm within driving distance.

I want to see it with my own eyes.
@hilmy83 it is off topic, but how is your auto-computer-trade project doing?

Not questioning, just an interested party because that has always been my day dream project.
 
Precisely, Which is why experience is ones ONLY teacher... It`s a journey of self discovery!
Agree with a small qualifier:

Read up on the general inviolate principles of day trading is necessary otherwise the time of "experience is ones ONLY teacher" will be a very long one.

If @SimpleMeLike is indeed no a profitable day trader, that makes two of us here. But like @padutrader I am about to "breakout".
 
Would you try to fly a plane without any training?

SML thinks he can fly a F-35 by spending time in Sim. He’s been at it for almost a decade now, guess these next three months at gonna be lit.

His pearls of wisdom

The thing is with his attitude and mindset it’s like “successful trader repellent.”
Good Evening Sprout,

My time and your time is not the same.

Doing right always take time. Doing wrong always happens fast.
 
Arent you in the Red as of yesterday??

I commend you on your honesty,but you arent commited,you are dreaming..

Or looking to go the way of the dinosaur
Good Evening taowave,

If you commend me on my honesty, then what is the problem you have? Would you be more happier and content if I start lying like all other traders are doing and the lying trading theories for entertainment and sale?

I am not sure what you are seeking from me. Everything I said, I meant, and I was very simple, per username.
 
Thank you for the coaching. I generally agree but here is the thing:

Good Evening ironchef,

Here is another insightful post from me.

This is why I prefer to click the buy and sell button by myself alone:

Because Trading Books are Liars, trading friends are Liars, Trading Teachers are Liars, Trading videos are Liars, Trading Psychology is Lying. Everything on ET forum is a Lie, its just casual trading theory entertainment.

Every good lier weaves some truths with their lies. You can still learn the truth from a lier if you apply your filter. Some on ET were exposed but I learned something reading their threads.

For example, if I am millionaire trading, I WOULD NEVER give anyone trading advice or teach or even talk to another trader. Hence, the reason you never see me give trading advice on ET, I rather keep the truth to myself and get rich on my own. I will show my track record only. I probably just lie to them, just because I do not have time to give the truth, and truth takes too long in trading to explain. Why would I give another trader advice on how I make millions trading? That does not make good business sense, right? That is why everything on trading website is a LIE. Because we all business men/women first. So its easier to sell a Lies and talking about trading theories.
1. We are not here to teach you to be a millionaire. A few, like @taowave are willing to coach a little. I fondly remember others, like @sle, @Maverick74, @drcha... but they are no longer active.

2. No one on ET will share their secret source. But you don't want their secret source because it won't work for you. You want to learn their general approach, which most are willing to share. You use it to develop your own secret source. That was how I developed my option trades.

3. There are quite a few millionaire traders on ET:
Some are here to brag
Some for entertainment
Some for companionship
Some to pass time between trading.....

Like the other poster said, this is a journey we have to travel on our own, no one can do it for us.

Best wishes.
 
SimpleMeLike comes from an extended Family. Has a good Education and Job in I.T. he has previously said. How many Black Americans have that. He's a spoilt Brat.

He says he plays the Race Card at every opportunity to get ahead. He wants the American Government to give him $2 million due to African Americans being treated poorly, hundreds of years ago. Even though SimpleMeLIke wasn't even born in America and is an Immigrant to the U.S.

He spends his Weekend trying to be the Gangstar.

He says if he deals Drugs he'll go to Jail, so he trades the E.S.

He hunts Deer and owns attack Dogs and Guns. Why doesn't he do Boxing or MMA or something where he might get hurt?

He has posted some pretty vile crap ("You want me to *uck you up the Ass" etc" repeatedley to Seikyo) which has quickly been deleted. He talks about chasing Pussy. Yet claims to be a Christian.

He won't "pay the price" for anything. He won't read a Trading Book and ruins every trading Thread. Why people help a person of such poor character is a wonder.

Have to agree.

Wont read a book but sniffs around here hoping for 'the secret' to be revealed.
 
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