A message to some day traders.

Discussion in 'Trading' started by Amahrix, Sep 20, 2019.

  1. padutrader

    padutrader

    i have behaved like a gentleman all this time......there is adequate 'empirical proof' of that in all my 1000s of posts.

    but i know how to become an animal to deal with one like you are.
     
    #941     Sep 27, 2019
  2. Amahrix

    Amahrix

    @padutrader

    You’ve lost your mind. You have committed Straw Man fallacy and Ad Hominem fallacy in all your responses.

    You take words out of context, rephrase my arguments to make them easier to attack, or directly call me a fraud as a way to make me lose credibility. But nothing you’ve done has been of substance. You’ve provided no valuable post in all of your posts. Then you made a thread with your trades and immediately got called out on the fact that you’re strategy is pretty much gambling.

    You continue to commit Sunk Cost Fallacy, you’re married to your position in the sense that you cannot for the life of you see or agree with what I’m saying even though what I am saying is facts backed by empirical evidence.

    You are empirical evidence that the phrase “the older you get, the wiser you are” is not true.
     
    #942     Sep 27, 2019
  3. Amahrix

    Amahrix

    Keep telling yourself that otherwise you’d lose your sanity.

    If you really believed that, have some self respect and block me then.
     
    #943     Sep 27, 2019
  4. padutrader

    padutrader

    there is not a single person that has agreed with you
     
    #944     Sep 27, 2019
  5. Amahrix

    Amahrix

    False. And even if so, is that a heuristic you use to accept things? That the majority must believe.

    This is also another fallacy:

    an argumentum ad populum (Latin for "argument to the people") is a fallacious argument that concludes that a proposition must be true because many or most people believe it, often concisely encapsulated as: "If many believe so, it is so."


    Example:

    Thank you very much.
     
    #945     Sep 27, 2019
  6. Amahrix

    Amahrix

    There’s a reason why more than 90% of traders fail, no?
     
    #946     Sep 27, 2019
  7. Amahrix

    Amahrix

    —>

     
    #947     Sep 27, 2019
  8. padutrader

    padutrader

    if 90% traders fail who is trading the market then:GOD?.
    the truth is 90% of beginner traders fail.....not everyone is beginner

    the market has only successful traders and not one has agreed with you not even a beginner
     
    #948     Sep 27, 2019
  9. padutrader

    padutrader

    show me one trader who has agreed with you
     
    #949     Sep 27, 2019
  10. comagnum

    comagnum

    Since Amahrix seems to hold some respect for Ray Dalio:

    Ray Dalio had horrible trading results in his earlier years. His performance improved greatly when began looking for repetitive patterns in the market. This is T.A. 101, the study of crowd behavior, the causes & effects which repeat over & over through history.

    “What I believe is everything happens over and over again through history. ” Ray Dalio

    “I think the biggest mistake you can make is to ignore the repetitive nature of the cyclical pattern. Life becomes very easy when you have studied the past to the extent that you have seen the recurring patterns and you can recognize them when they come up again. So I think that’s extremely important." Ray Dalio

    Over the last year, I have been studying economic and market moves in major countries going back to about the year 1500, which has given me a superficial understanding of them. With that perspective, I can say with confidence that throughout the times I have studied the same big things happen over and over again for essentially the same reasons. I’m not saying they’re exactly the same or that important changes haven’t occurred, because they certainly have (e.g., how central banks have come and gone and changed). What I am saying is that big paradigm shifts have always happened and they happened for roughly the same reasons.” Ray Dalio
     
    Last edited: Sep 27, 2019
    #950     Sep 27, 2019
    SunTrader and LS1Z28 like this.