Quote from Smurfie:
It really isn't. As you suggest, it's very straightforward. Trading is very difficult. It requires a certain intelligence and some personal qualities you have to develop that just don't come easy to people. I don't think trading is special. Most people fail at difficult things. End of story. For some reason, boards like these are filled with prophets and medicine men who write thousands of posts filled with inanities. They have seen the light, but they seem forever incapabæle of putting cogent arguments together. The truth is not shrouded in mystery. You don't have to study under a wise man in Himalaya for years while meditating waist-deep in the Ganges each morning to approach the answer.
Trading is hard and people are generally under-capitalised and too optimistic on their own behalf and that's that.
Reading the drunken nonsense from people like Jack H. or the General in this thread alone makes your mind melt and your soul scream in pain and that surely doesn't help. It just adds to the myth that trading is hard. Do you think engineers or doctors resort to the mysticism of the two aforementioned gentlemen about the present and the future and <insert semi-coherent rambling> that we have witnessed here when they discuss their professions? I'm fortunate enough to work with highly capable IT people, and never have any of them subjected me to peyote-induced chatter you read here.
Cheers,
Smurf