amateurs have no chance

Discussion in 'Trading' started by dozu888, Mar 21, 2019.

  1. p0box4

    p0box4

    People like to dream big.

    This also explains why so many people keep throwing money at lottory systems even when they know the chance of winnig is one in a few hundred million.
     
    #21     Mar 22, 2019
  2. dozu888

    dozu888

    no.. you graduate from an ivy biz school and go straight to the street.

    amateurs rarely have a chance to go pro... try put in a resume to them firms on the street.

    but the point is this - you don't need to turn pro... you just need to play on the same side as the pros.
     
    #22     Mar 22, 2019
    murray t turtle likes this.
  3. 89727970-4839-476F-9A6E-385116BC8741.jpeg 95FE7D6E-0356-4023-9325-5A0BD8C19B7C.jpeg
     
    #23     Mar 22, 2019
    Nobert, CSEtrader and murray t turtle like this.
  4. Handle123

    Handle123

    Scalping/day trading stats are extremely high of total failure for most as they think it will be easy to come to the markets and trade against those who have done over 100,000 trades? Many brokerages help add to the thoughts of easy money, easy to open an account. BUT having no fear of losing money is difficult for many to overcome.

    LOL, what is value? There is no value to any of this, whales only get interested in large fish and as other creatures get smaller they go after the smaller. Value is a joke, someone is going to push the market higher or lower, best to find ways to tailcoat. If you the only one at the party, it going to go against you, cha ching for others.
     
    #24     Mar 22, 2019
    Carlw likes this.
  5. vanzandt

    vanzandt

    I love the.....
    "Don't get mad... get E-trade" series.
    Right. Its easy! :D
     
    #25     Mar 22, 2019
  6. %%
    Great post;
    but i seldom use another's charts, or line charts.:D:D Small caps did sell off hard; but they tend to be more of a roller coa$ter, generally speaking . NOT a prediction.:caution::caution:
     
    #26     Mar 22, 2019
    CSEtrader likes this.
  7. Overnight

    Overnight

    My fave is the boat. I LOVE that one.

     
    #27     Mar 22, 2019
    bln, Carlw, vanzandt and 1 other person like this.
  8. dozu888

    dozu888

    #28     Mar 22, 2019
  9. dozu888

    dozu888

    valuation does matter, otherwise there would have been no Warren Buffett..
     
    #29     Mar 22, 2019
  10. dozu888,

    Because people want to be rich without having a manager to report to.
     
    #30     Mar 22, 2019
    dozu888 and digitalnomad like this.