LOL!
Like trading if you look long enough you'll find the bridge. Easier & safer & will reduce your chances of being hit by a bus.
Why you generally suck
- Thread starter longandshort
- Start date
Like trading if you look long enough you'll find the bridge. Easier & safer & will reduce your chances of being hit by a bus.
LOL!
Like trading if you look long enough you'll find the bridge. Easier & safer & will reduce your chances of being hit by a bus.
Yes after 59 attempts. LOL In trading, that's like 10+ years of trying and after 10's of K's $$'s loss when you are perseverant. Gotta cross the street... LOL
I guess that, trying to beat something that is over priced & driven by few names, when you have billions in capital, it simply, makes no sense.
This whole ,,Beating the SnP'' concept, was invented just to lure in fresh retailers into various ETF's and etc.
It's a benchmark. If you can't outperform buying and holding SPY, why are you wasting your time investing/trading?
If you have a few billion in capital you don't have to beat it by much to do really well.
I would think that the concept of beating the S&P would have been invented to warn retailers that the various funds and ETFs had a hard time doing that.
You have said that a couple times. Why doesn't it make sense?
(laughs)
Just read about a double-bind, it is the basis for the entire fabric of society and life which is why you never get anyone talking about it, the financial markets are the epicenter of this phenomenon, trying to break a double-bind will destroy your net worth (or account in the markets), if anyone tries to unwind it for you (and you can but no one does) it will destroy their net worth plus endless amount of time, which is why no one will help you learn to trade.
Even if you give people exact rules to follow only a fraction will be able to convert that in to profits (this is the basis of prop firms), every move you make someone including the markets are trying to negative bind you (layered binds are spectacular) and even on these public forums, never underestimate the ability for people to help you with too little too late to make sure that you fail.
The bind is an amazing piece of humanity, for it to take hold you have to first choose to accept it which is why everyone has an opinion on everything especially finance, plus it has a built in protection mechanism that if anyone tries to break it they will be punished so severely they will not try again, until time and capital have been recovered to repeat the same thing expecting a different outcome, however until you break the bind the best you can do is create income while risking capital, welcome to the world of trading.
We have an architecture that does everything to make sure you are not bound in the markets and if that happens can unwind it, via algos because who wants to do that manually, then how do you make profits, you selectively follow who is binding the most people (which you can do by technicals or fundamentals or both) and follow them, it's nothing more complex than that
Even if you give people exact rules to follow only a fraction will be able to convert that in to profits (this is the basis of prop firms), every move you make someone including the markets are trying to negative bind you (layered binds are spectacular) and even on these public forums, never underestimate the ability for people to help you with too little too late to make sure that you fail.
The bind is an amazing piece of humanity, for it to take hold you have to first choose to accept it which is why everyone has an opinion on everything especially finance, plus it has a built in protection mechanism that if anyone tries to break it they will be punished so severely they will not try again, until time and capital have been recovered to repeat the same thing expecting a different outcome, however until you break the bind the best you can do is create income while risking capital, welcome to the world of trading.
We have an architecture that does everything to make sure you are not bound in the markets and if that happens can unwind it, via algos because who wants to do that manually, then how do you make profits, you selectively follow who is binding the most people (which you can do by technicals or fundamentals or both) and follow them, it's nothing more complex than that
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