YM Traders

Quote from JMowery1987:

But that doesn't explain those traders that don't have a "system" or "set of rules"

Are those traders just doomed for failure.

I don't see how anyone has the authority to define what an idea is, knowing that an "edge" can mean many many many things, and can apply to any type of trader.

I just don't believe in the idea of an "edge"



Here is another question. Are all traders with an "edge" successful. Because from some threads I get the idea that all traders with an "edge" are consistantly profitable, which is again why I asked, is an "edge" another saying for just being "consistantly profitable"?

I just don't believe in an "edge", just as I don't believe in luck.


Or am I one of those people who think "outside of the box"

But yet, if I don't believe in an edge, how could I be successful, and how come a lot of people say in order to be successful, you must think outside of the box?

It just doesn't make sense to me.




*again, just trying to get peoples opinions on this...... not trying to actually argue anything, just friendly chatter*
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Those trading without rules, or a trading plan will eventually lose to the house given the time. Without rules and a plan, they are nothign more than gamblers.
 
Quote from porgie:

vol, did i say the wrong thing? Just trying to help a young trader...I guess he has allthe answers he wants or needs....I wish I cdould have learned it all that f ast......
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porgie, for some reason your thoughts transposed to writing tend to piss the majority off. Not sure why.
 
Joeyata1.....u r not wrong.....I pay as much to babble as others do.......talk is less painful than trading.......happy trading....
 
Quote from volente_00:

Those trading without rules, or a trading plan will eventually lose to the house given the time. Without rules and a plan, they are nothign more than gamblers.
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Yeah, but then again, we could of course bring up that whole thing about poker players vs. traders.

Tomorrow I'll just eat turkey, get fat, and......... i dunno.

I'll figure it out.
 
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