A retired stockbroker tells me why most retail investors lose money

He can break ....... wind with the best of 'em. That's likely about it.

 

SunTrader, and you too TaoWave,

What did you two pool ball heads make in the market today,
Enough to buy a Big Mac, Whole Alaskan King Salmon, Mortgage Payment, House,

 

Lol..4k..Now lets hear what the worlds greatest trader made,imaginary or not

 

You've been trading since 1996 and make 4k/day.....I've been trading since 2022, and I make enough to buy a 2000 Ferrari 360 in a day/intraday. I can take you for a ride, we can film a social media video segment inside of a McDonald's eating Big Macs while talking about selling courses and videos and subscriptions. A mighty wind,

 

Mortgate Payment??? You have a mortgage to pay?
A successful trader has no mortgage, he pays cash.

 

Take a pic of your car and post it in the next 5 minutes..

 

Car? House? I buy .... countries in my leisure time.

 

Yea, right. Maybe once....back in 2001 and 2003 when I was once a young, dumb, phuck.
If I drove something like this....you would probably see me on the news as a mugging victim and a rape victim and a home invasion victim and etc misc victim. It's dangerous to stick out. Society and people have gotten less and less patient and intolerant. Crimes of all varieties have gotten worse. Imagine driving this...and a car full of black male youths stares.

 

And you beat the best traders with your Google charts?

 

Advanced charts and indicators can't tell you jack sh8t where the market is going, it's all just hindsight noise and nonsense,


I knew with just my basic Google Charts to buy around 10:20 and sell around 12:50 for a nice day,

I'm oversimplifying it, of course, though. There's much more to it behind the scenes that led me to believe in my hypothesis direction for the day,