Why do newbies lose?

My introduction to trading was through an old girlfriend whom I found was dealing kilos of black tar heroin via contacts made while teaching Sunday School for LDS kids. One day we flew to meet her supplier in Bogota who was a 100-lot ES daytrader. It amazed me how someone could trade 100-lots at a time!

That was all that I needed to know...
 
destriero said:
My introduction to trading was through an old girlfriend whom I found was dealing kilos of black tar heroin via contacts made while teaching Sunday School for LDS kids. One day we flew to meet her supplier in Bogota who was a 100-lot ES daytrader. It amazed me how someone could trade 100-lots at a time!

That was all that I needed to know...
More...
So that's the secret to your Success hey - the ole Harry!

That's why I can't understand your Trading posts :(
 
tiddlywinks said:
You suffer the opposite (therefore the same) issue as does SML.

SML is stuck, in that he will not consume, or even consider outside input... it's all invalid!
You are stuck, in that you will consume, or at least hear-out outside input, because you can't lose... you have your credentialed and supposedly well-formed arguments. Flash... If you think trading as a business is like a video game, then for you, it is.

You'd love to hear my views? No you don't.

NEXT!
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Good Evening tiddlywinks,

You seem to confuse me. I never said I would not hear or consider outside input. I welcome all input, based on what it is.

I have received some AWESOME help from some ET members. For certainty on that. Some of the help has help my trading in somewhat. But the help I like is help. I do not like bullshitting help and messing around help. For example, reading trading books, trading journals, trading psychology, or all that stuff.

And some of the help I am experienced to know is a Lie and I ignore it.

If you tell me read trading book, you not on the same level of trading mentally with me.

I think I am just a more advance trader now, and some other traders are simply not there yet. They still in lie zone from the Trading Sellers.
 
Do I seem like a guy who would get butt hurt because someone rejected a book suggestion:)

99 percent probability he keeps on tripping on his own pecker if he doesn't "expand" his mind..

Self Reliance?????

Is trading the only profession in the world where one doesnt need to read a book or seek "knowledge"??

savoir said:
His overall sentiment that he expresses in different ways: SELF-RELIANCE.

I think this latest series of volleys between you two was fueled by his rejection of a book recommendation you made to him. Biggest Loser is the Winner or some title like that.

Reading a book isn’t going to help him. I don’t think that makes him any worse off than the guy who starts threads asking for book recommendations and gets a list of 160+ books.

At least SimpleMeLike has no delusions about being on his own. He keeps striving nonetheless. I like his gumption.
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taowave said:
Do I seem like a guy who would get butt hurt because someone rejected a book suggestion:)

99 percent probability he keeps on tripping on his own pecker if he doesn't "expand" his mind..

Self Reliance?????

Is trading the only profession in the world where one doesnt need to read a book or seek "knowledge"??
More...
Good Evening taowave,

A real trader does not read trading books sir. I am not sure why you having a hard time understanding this. Why in the world would someone read a trading book for? The author is Scammer and Liar and Con Man waiting your time and energy and money.

I am not sure why you are struggling to understand this for. Reading trading books is Scam.

Did Bill Gates read a book to start Microsoft? How about Steve Jobs with Apple, did he read a book? Elon Musk?

You think Jim Simmons read books on trading. Come on man, I should not have to explain this to you. Think a bit different then norm.

How will you get to +500 ES contracts reading a book? You will not, what you need is independence of critical thinking and problem solving or a team of VERY smart ES traders in a room. Permanent corrective action to root cause problems. ES Problem Solvers and ES Solution Based Traders.

Tap Root Engineering skills, not reading no damn stupid ass trading book.

I am Not reading no damn book about trading. I am ES Engineer Trader. Engineers do not read books, we are the book. We define our own books.
 
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Overnight said:
Except..........He was quoting what SML typed, just without the quotes.
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Sort of. SML's GF was a Cocaine Crack Whore. Dest's was Heroin junkie.


Dest's fake story was funnier than SML's usual BS.
 
Who said it had to be a trading book?? Why not Probability and Stats??

What's your programming background??

What do you know about real traders and how do you know??

How do you know Real traders don't read books on trading??

Are you saying derivative traders have never read Hull or any other book...

Here is your problem..You are a gambler without edge...




SimpleMeLike said:
Good Evening taowave,

A real trader does not read trading books sir. I am not sure why you having a hard time understanding this. Why in the world would someone read a trading book for? The author is Scammer and Liar and Con Man waiting your time and energy and money.

I am not sure why you are struggling to understand this for. Reading trading books is Scam.

Did Bill Gates read a book to start Microsoft? How about Steve Jobs with Apple, did he read a book? Elon Musk?

You think Jim Simmons read books on trading. Come on man, I should not have to explain this to you. Think a bit different then norm.

How will you get to +500 ES contracts reading a book? You will not, what you need is independence of critical thinking and problem solving or a team of VERY smart ES traders in a room. Permanent corrective action to root cause problems. ES Problem Solvers and ES Solution Based Traders.

Tap Root Engineering skills, not reading no damn stupid ass trading book.

I am Not reading no damn book about trading. I am ES Engineer Trader. Engineers do not read books, we are the book. We define our own books.
More...
 
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