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patoo
Registered: Feb 2004
Posts: 429 |
05-21-12 03:40 AM
Quote from oilfxpro:
[B]There are so many threads negative about day trading , it was time to ask why is there no successful day trader in the popularity of George Sorros , Jim Symons etc.
Trading is a zero sum game and day trading is a negative ....BLAH BLAH BLAH......
Idiot threads like this is why I stopped visiting this website.
oilfxpro, why don't you go piss at somebody else.'s parade. What function can you be serving other than to justify your inabilities?
Don Bright stated the actual case. You, sir, are a whiner, or is that wiener
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cornix
Registered: Jan 2011
Posts: 2801 |
05-21-12 05:31 AM
Quote from oilfxpro:
A true psychologist would know brain science is the least advanced ,and we know very little at least about the subject.Anyone who attempts to treat patients is not necessarily successfully at accomplishing the job of curing the patient , 95 % of them fail to accomplish the job OF SUCCESSFULLY CURING THE PATIENT.Like 95 % of traders.
You confuse psychology with psychiatry. I don't have patients, I have clients and success rate of fixing their problems in the long-term is much higher than 5%, believe me.
P. S. What is your education to judge in such a wide range of knowledge from trading to psychology?
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oilfxpro
Registered: Oct 2007
Posts: 1600 |
05-21-12 09:21 AM
Quote from patoo:
Idiot threads like this is why I stopped visiting this website.
oilfxpro, why don't you go piss at somebody else.'s parade. What function can you be serving other than to justify your inabilities?
Don Bright stated the actual case. You, sir, are a whiner, or is that wiener
Do you have any valid points to enlighten anybody , other than attack posters?
Let me ask you a question ?
Can you make money in the long run using charts, TA, etc?
Everybody can read the same charts ,the market is efficient and unless you know something market does not know , your statistical edge is in the 95 % club.
George Sorros said " you can make money betting on the unknown in today's markets , because everybody knows what is on the charts "
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Don Bright
Bright Trading, LLC
Registered: Oct 2001
Posts: 11698 |
05-21-12 02:43 PM
Quote from oilfxpro:
Do you have any valid points to enlighten anybody , other than attack posters?
Let me ask you a question ?
Can you make money in the long run using charts, TA, etc?
Probably not, that's why traders never rely just on such things. We probably spend less than 10% of our training and trading on any TA.
Don
__________________
Don Bright (not an alias)
Bright Trading, LLC
http://www.stocktrading.com
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Bison42
Registered: May 2012
Posts: 86 |
05-21-12 07:13 PM
Day Trading is a losing proposition due to the fact that people can't stomach losing their own money. They are ill informed and not seasoned enough to see trades through.
If Day Trading was so much fun, every would be doing it! You can't make a fortune trading a couple of hundred shares a day.
I traded with my firm's capital for over 25 years and I would NEVER Day trade on my own.
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Don Bright
Bright Trading, LLC
Registered: Oct 2001
Posts: 11698 |
05-21-12 07:57 PM
Quote from Bison42:
Day Trading is a losing proposition due to the fact that people can't stomach losing their own money. They are ill informed and not seasoned enough to see trades through.
If Day Trading was so much fun, every would be doing it! You can't make a fortune trading a couple of hundred shares a day.
I traded with my firm's capital for over 25 years and I would NEVER Day trade on my own.
Makes sense. I assume you were trading order flow with a MM firm? I may be wrong. We came from the other side of the street, as always using our own money to trade with. I prefer traders who want to take both the financial risk, and the must needed time risk....it takes some time, off trading hours to keep all your profits.
We've always responded to what the market throws, providing liquidity when viable, and making markets when required. Now we can simply do what we want to do, much easier overall.
All the best,
Don
__________________
Don Bright (not an alias)
Bright Trading, LLC
http://www.stocktrading.com
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