amateurs have no chance

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

  1. You make it sound like they’re the only participants in the world. There are thousands of variations of them floating around, who wouldn’t bother wasting their time interviewing. Nothing to be gained from it.
     
    #31     Mar 22, 2019
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  2. Sig

    Sig

    I'm pretty sure I'm better at driving as an amateur driver than the vast majority of "professional" cab drivers!:D
     
    #32     Mar 22, 2019
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  3. Handle123

    Handle123

    You really have little clue which side Buffett make the bucks? He sells the options first then waits, and eventually buys the stock as a hedge and added profit. His name alone will be leaked and others buy into the dream.. He personally owns over 100 businesses. He buys stock based on American attitude of buying the product's of that company, but he does very well in options.
     
    #33     Mar 22, 2019
  4. CSEtrader

    CSEtrader

    This appears to be a very good "lottery", considering that there are fourteen millions of winners, as for the dates in 2017 https://www.thestreet.com/video/143...sn-t-just-for-big-players-cme-group-says.html
    Since CME took to its current way, with futures and Globex, every amateur has a fair chance, often even better then Ivy's streeters; being free of snobbery, super-Ego, hyper pretest.
     
    #34     Mar 22, 2019
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  5. I don’t think it’s a rigged game at all. It’s more level now than ever. You just have to be much smarter than yesterday’s screen monkeys and pit traders.
     
    #35     Mar 22, 2019
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  6. sillyw10

    sillyw10

    any amateur has a chance of winning if he/she is clever enough to step back and look at exactly what is going on

    for example..just step back and look at all the silly and ridiculous threads that are on ET..no wonder amateurs are confused..and then wonder why they lose when they run off and do something silly just because someone posted something on a website..it can't get any more ridiculous that that!

    a good start is to delve into the history of the financial markets..same as any subject which one wants to learn about!
     
    #36     Mar 23, 2019
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  7. the Olympics? :D
     
    #37     Mar 23, 2019
  8. ironchef

    ironchef

    I like lottery, great potential: Same as buying DOTM options, good R:R. Low probability be damned. :D
     
    #38     Mar 23, 2019
  9. Pity party amateurs have no chance for sure.
     
    #39     Mar 23, 2019
  10. yc47ib

    yc47ib

    By trying for 20 years persistently, an amateur becomes a pro.
     
    #40     Mar 23, 2019
    CSEtrader likes this.