Why waste your time?

[JackRab]

The point was to make a little joke- you know, like when the corners of your mouth turn slightly upward in an almost imperceptible manner.

I don't joke about my wife...

 

[JackRab]

Anyway... I'm wasting my time on this here thread

 

[jnbadger]

The ignorance and tenacity of the original poster (bad combination), and the responses which keep feeding him are a big reason why the successful traders who would debate him are no longer here on this forum.

 

[algofy]

You just have to find something that makes money and keep doing it....until it doesn't.

For example, buying the dips in the es seems to have worked for years. If all traders just did that and nothing else, it would be 100% profitable traders!

Dip? ES doesn’t dip.

 

[SoesWasBetter]

Hey, if you want to talk odds, think about what the odds are that a college dropout with no programming experience could create a multi-million dollar online community for traders in 1997 and attract a who's who list of industry sponsors and keep everything running smoothly for 20+ years? I can assure you the odds of that succeeding are way less than 5%, but you know what, I DID IT.

So it's not about what the generic odds of failing are. It's about what the odds are that you're personally going to say to yourself, "I Quit". For me, the answer is always the same: "Never".

All financed by a little bit of code and all the free content I/we provide. Where's my cut?

 

[bruce forex]

Traders do not know that time is money when you invest in market there change movement of currency ever increase and ever decrease it is depend on time. There time decide that when investor get profit and when loss, if he invest in inflation time they will get loss, and suddenly extend the price of shares they earn more profit.

 

[Turveyd]

Just made $60 havent even left my bed yet

Daytrading / scalping, switch on, generally within 10mins I'm in a trade, 20mins I'm out and doing something else, very little time wasted.

Mountain bike needs new £600 forks and thanks the markets!

But on the downside the OP is right, trading isnt easy, most won't stick at it long enough, don't expect to get rich quick

 

[jinxu]

@Euler09
Dont waste your time arguing with these riffraff. Go out and put in the effort and you will be a successful trader in due time. I am talking atleast 300k a year.

Just wondering. How can you make claims like this when you yourself aren't yet successful? It doesn't make any sense.

The reality is that there is a very very small chance of success.

 

[Slartibartfast]

He said he makes 50k a month. The best hedge funds make 10-20% a year on their best years do I hope he at least has 6m aum....

The OP does not even qualify what kind of 'trading' nor understand the differences between amateur and pro.

Something we all go through:

Why do financial institutions make low returns? It is not easy to make large percentages on 10 billion dollars a year (regulation on agreed risk exposure/accountability etc. a part) but also many don't care about customer profits.

An interesting article on Financial Gaslighting. But don't get too paranoid.

https://rpseawright.wordpress.com/2016/05/04/financial-gaslighting/

 

[ironchef]

Some of us did