Very much agree, RN. But the truth is: most strategies people try are not much better than random in the long run. :)
Danger of random gratification at it's "best". Happens often in trading.
"Big money" patterns are the same every time they act?
Not more than training of whatever other skill is a waste of time.
I googled motley fool. Nice domain name, it's an asset by itself. :)
Late 90's must be a textbook sample of how people confuse external conditions with skill. But can we blame them? Russia as a country did just the...
Being a retail trader myself, I must say that seriously underestimated the true risks of the game. Anything but net long options or long-term...
My personal experience is: edges exist. Probably now as well as always did. But every time I found some, it later ceased or morphed. Not saying I...
One problem here with definition (and expectations about future). It is: period of consistency matters. Trading certainly can be a sole source of...
You are right gentlemen, my literature talent must cause inexpressible suffers. :D
Will post here those of written by me, which are somewhat related to behavioral economics/finance and as such, to trading and investing as well....
Yea, thanks, I posted @ BM too. More interested in personal stories of failure, problems etc. than finger pointing at vendors though. Vendors and...
I revived the project related to the topic of this thread. If you have stories to share with people, please let me know. By doing so you certainly...
I really see a problem here. How many people lost money or worse - YEARS of time pursuing some techniques, which probably have nothing to do with...
Thanks for the kind words, Michael. Funny, but I firmly believe it IS possible. Just not the way it's pumped in the advertisements of those who...
Ironically market can be almost sure money in some situations and almost surely a losing venture in other. That's my experience.
If speaking of trading, I spent nearly 10 years learning and trading with mixed success more or less full-time. Some edges were very real (heavily...
I am grateful to life for every lesson given. Result is always positive if we learn something. I still believe there are edges in financial...
Yes, everyone of us experiences competition in business or even job, but still there are options: find more or less unique niche, use your...
I would say real edges scalable enough for good living are much more common in providing something people need/want and ready to pay and say...
Separate names with a comma.