amateurs have no chance

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

  1. I`ll tell you next week what it is.:p
     
    #51     Mar 24, 2019
    CSEtrader likes this.
  2. CSEtrader

    CSEtrader

    Or how family maybe wealthy to support this way.
    Sometimes it is not ego, as I recall when I was catapulted in this game, with a still large capital from our first success - you feel you are not yet ready, you leave it, you travel. As Padu said - he was playing golf for the last six months, recharging.
    His persistence is really amazing, his attitude is priceless and hopefully one day will be example for those who born on wealthy side - too many people with large capital failing because of huge ego and laziness, but instead of study and treat own failures with sense of humor, as Padu do, they are blaming trading, traders. I meet too many of them - they hate us, they afraid of us and wishing to fail with all their being. ( the justice of universe - they parking their money at hedge funds and before or later we are taking it, lol)
    So Padu is a real gem and a gift to be in touch.
     
    #52     Mar 24, 2019
  3. destriero

    destriero

    CSE, what success?

    Your husband sold a small engineering firm (coal mining) and you proceeded to donate all of it, including your home, to the sell side. Please stop.
     
    #53     Mar 24, 2019
  4. ironchef

    ironchef

    Anyone here who admitted to not make a dime in 25+ yrs of trading has no ego. My hat off to Padu.
     
    #54     Mar 24, 2019
    CSEtrader likes this.
  5. ironchef

    ironchef

    This is where us amateur retails have the advantage: We amateur swing traders piled-in in December, but are too dumbed and too slowed to being shaken out. Worst case, my swing trades will be my long term buy and hold, no need to sell at the bottom, like the pros who have to show quarterly profit or their OPM will dump them.:finger:
     
    #55     Mar 24, 2019
    CSEtrader likes this.
  6. iccenuol

    iccenuol

    Hey! Mr. Money!

    Can the markets be just an interest? You know, like golf, pool, bowling...whatever?

    How much does it cost to play golf every month, with no return?

    Are amatuer golfers idiots?

    "The world according to you"...great name for a book.
     
    #56     Mar 24, 2019
  7. ironchef

    ironchef

    Because we are been brainwashed by the pros.

    All the big name billionaires investors/traders told us that we should not go with the herd, we should only buy when there was blood in the street, that be greedy when others are fearful, be fearful when others are greedy.....
     
    #57     Mar 24, 2019
    CSEtrader likes this.
  8. ironchef

    ironchef

    Good question for Mr. Padu. You should ask him or PM him directly.
     
    #58     Mar 24, 2019
  9. Overnight

    Overnight

    Hope it works out for you. I got FUCKED in Feb 2018 and Oct 2018. If you really did pile in around the New Year, GTFO now. It would seem prudent.
     
    #59     Mar 24, 2019
  10. ironchef

    ironchef

    Not really, just saying in jest to trip up the pros. Cann't let them have all the funs.

    Read my posts last ~Mar 18 and ~Oct 18: Killed by the pros both times. :banghead: Fortunately too dumb to get out in Oct, but instead added to positions in Dec 18, averaged down.

    You are right, time to get off the merry go round. :thumbsup:

    I am still learning to be a trader. Studying butterfly, spreads, diagonals... intensely to see if I can trade non directional and not be killed in the upcoming bear market.

    Gook luck and best wishes to you.
     
    #60     Mar 24, 2019