Why Trading is so Hard
- Thread starter John9999
- Start date
Trading is hard because traders can not recover drawdown when they lose money from trading.
Wrong you can have all the data, it's just hard to believe that will be the outcome, I remember having all the data the months before the lockdowns, there was something someone in the group wrote about it that if x happens then y will happen and last for some time, x happened and shortly after the lockdowns happened for way too long.
The human race is really messed up, if you discount everything you will still be surprised what stupidity they come up with, the way everyone lives you have at maximum a 20% chance of success, someone asked if your poor with high chargeout rates why aren't you wealthy, because in life you need to be both.
The only way to move above 20% success rate is live like you're poor but have the capital of wealth, I disagree with my wife all the time about this cooking at home, talking the kids and dogs for walks, simple coffees, going to bed early and waking up early, the lower your expectations the more you are rewarded in life with the ability to push above 20%, you will not come across many in your lifetime that can do it, maybe one every decade or two.
Yes you can, I can recover 50% / 80% / 95% drawdowns and have done it for people who evaporated their accounts ($10,000s to $100,000s private and $millions plus for funds - anything less is not worth it), but no one else can do above 20% drawdown because that is the success rate limit, I don't have those limitations, the key is to not test it
Hello alistera,
The reason trading is hard, because traders do not want to be rich by trading.
For example, your example clearly show you had an edge when the lockdown was coming, why are you not rich from the wealthy and shorted the market heavily with size?
%%Wrong you can have all the data, it's just hard to believe that will be the outcome, I remember having all the data the months before the lockdowns, there was something someone in the group wrote about it that if x happens then y will happen and last for some time, x happened and shortly after the lockdowns happened for way too long.
The human race is really messed up, if you discount everything you will still be surprised what stupidity they come up with, the way everyone lives you have at maximum a 20% chance of success, someone asked if your poor with high chargeout rates why aren't you wealthy, because in life you need to be both.
The only way to move above 20% success rate is live like you're poor but have the capital of wealth, I disagree with my wife all the time about this cooking at home, talking the kids and dogs for walks, simple coffees, going to bed early and waking up early, the lower your expectations the more you are rewarded in life with the ability to push above 20%, you will not come across many in your lifetime that can do it, maybe one every decade or two.
Yes you can, I can recover 50% / 80% / 95% drawdowns and have done it for people who evaporated their accounts ($10,000s to $100,000s private and $millions plus for funds - anything less is not worth it), but no one else can do above 20% drawdown because that is the success rate limit, I don't have those limitations, the key is to not test it
OK;
and a like minded pattern follows.
Walks, sometimes with kids, sometimes without, excellant risk reward.
As far as taking pets on a walk, prefer a leash for dogs, if walking with those..
One time a pet bird of mine did a rocket up in a tree,walking , she had spotted some berries=amazing
[Except for service animals WMT does not allow animals in thier stores]That is a lot of assumptions, read the poem If by Rudyard Kipling, the thing is I know what happens next, you don't.
How can you be around on ET for 9 years, with thousands of posts and still post stuff like this?
1. Literally everyone who is active on the markets is doing it for money, to earn money, not to lose money.
Being or getting rich depends on what you define as being rich. For you $1K is probably a lot, for Destriero it's change.
2. If it were only as easy as "shorting the market heavily with size" ...
Hello FTDK,
Everyone is entitled to their own opinion of someone or something in the beautiful world of trading
I never said you weren't entitled to your opinion
.Everyone has one, some hold more value than others.
Hello FTDK,I never said you weren't entitled to your opinion
Everyone has one, some hold more value than others.
All trading opinions hold value to me in the free trading market. Even a crack head or an ant I listen to his/her opinion as well if its about trading and making money.
Trading Opinions + Trading The Trading Opinions = Alot_of Money To Be Made Trading
I made a lot of money reading ET members opinions. Better than reading a trading book.
ET forum best in the world.
Last edited: