amateurs have no chance

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

  1. ironchef

    ironchef

    To clarify, I didn't pile in in Dec, too slow to get out in Feb, Oct, but rolled and averaged down in Dec, a rookie move.

    By the way I checked this morning, the professionals weren't doing that well in 2018 either:

    https://www.marketwatch.com/story/h...but-outperform-sp-500-by-a-whisker-2019-01-08

    If it is a zero sum game, someone other than the pros were making a killing.
     
    #61     Mar 25, 2019
  2. TommyR

    TommyR

    they make a killing by getting your money in and then being incompetent at the job they are supposed to do and thus systematically fuck the entire world up. the best pro's think u need 6 not great strategies (can show the maths) of if u do a trade how do you know what sizing or when to take profit. who knows.
     
    #62     Mar 25, 2019
  3. tomas262

    tomas262

    come on, pros are still human beings made of flash and blood, no gods made of steel

    what distinguish pros and amateur is that pros know what needs to be done and how to do stuff properly while amateurs wamble around, chase dreams and search for holy grails ...
     
    #63     Mar 26, 2019
    CSEtrader likes this.





  4. Who are you? :)

    I would love to meet you tailor.

    In the meantime, help these kids out, best I can do is in 9 lines - can you do better?

    starting from first principles and without the use of calculators or computers, prove that

    cot 7.5 degrees = root 2 + root 3 + root 4 + root 6
     
    #64     Mar 27, 2019
    lisa-world-travel likes this.
  5. ironchef

    ironchef

    : Most of us amateurs bring a knife to a gun fight, the pros bring their machine guns.

    The smart amateurs don't participate in the gun fight, they go to the pros' celebration party and fight. :)
     
    #65     Mar 27, 2019
  6. schweiz

    schweiz

    Because most people think they are smarter then they really are.
     
    #66     Mar 28, 2019
    Onra likes this.
  7. schweiz

    schweiz

    If he makes money he will become a pro; if not he will become an idiot.
     
    #67     Mar 28, 2019
  8. Buy1Sell2

    Buy1Sell2

    A lot of professionals lose money. Look at a chart----it prices are trending higher, buy. If prices are trending lower, sell. Use prudent stops. Let winners run to maturity. Thank you for your time.
     
    #68     Mar 28, 2019
  9. padutrader

    padutrader

    they dont: so what /who do you want to be when you grow up?

    become a pro
     
    #69     Mar 28, 2019
  10. This sounds retarded. Makes me feel like I’m reading some old pre-internet era trading book.
     
    #70     Mar 28, 2019
    CSEtrader and schweiz like this.