Advice for all the noobs who want to be a full time trader...

Discussion in 'Trading' started by vincentnyc, Apr 12, 2021.

  1. Laughing my ass off, only possible in MERICA. Flaunt some good school degree, write books and be called a career trader. Laughing my ass off. I bet this guy cannot even properly discount a future cash flow with correct day count conventions. In any London pub the lads would have a field day with such crook

     
    .sigma, SimpleMeLike, geth03 and 2 others like this.
  2. so you disagree about what he said that noobs should trade small in the beginning?
     
    murray t turtle likes this.
  3. maxinger

    maxinger

    traders don't need to know those discounting thing, day count conventions,
    complex Navier Stokes Equation, Euler's formula ....
    we don't even need to know how to calculate interest rates.

    We just need to know very simple maths like + and - (which is for counting money).
    Even things like multiplication and division are not a requirement.
     
    DTB2, ITM_Latino, terzioglu and 8 others like this.
  4. Right :D:D:D

     
    MACD and maxinger like this.
  5. You disagree that even con men mix a pinch of truth into their messages to reel in idiots and naive people?

     
  6. pinabetal

    pinabetal

    Over reaction to a video. Must be other reasons why? Possible one time brooks disciple who failed?
     
    vincentnyc, ffs1001 and Relentless like this.
  7. padutrader

    padutrader

    what are you high on? opium?

    i had opium once and could not stop laughing.

    my friend could not stop for 12 hours
     
    ChipShotTrader likes this.
  8. padutrader

    padutrader

    makes a lot of sense....

    but he is talking about intraday and short term trading aka scalping.

    i went from daily charts to 5 min and lost money for 13 years....
     
    comagnum likes this.
  9. JSOP

    JSOP

    His advice for somebody just starting out is quite sensible.
     
    #10     Apr 13, 2021