answer this if you make money

Discussion in 'Trading' started by Gordon Gekko, Aug 21, 2002.

  1. tntneo

    tntneo Moderator

    I am amazed to such a reaction regarding trading being simple.
    On the other I do remember, I would be very unhappy to hear that when losing money, early in the career.

    maybe it is better to repeat that the idea is to avoid over complicating. this is what we mean by keeping it simple.

    sure, understand makes things look simpler. it's a good point.
    oddly enough, I know several fellow traders who simplified their trading and the first reflex is to make it complex again (and affecting efficiency!). I may fall in this trap from time to time too.

    while I read the strong reactions to calls about simplification, I do note that money making traders and firms are often using very simple methods. that's a fact. why is that ?

    it should tell something to struggling individual traders. that's all I am saying.

    tntneo
     
    #71     Aug 22, 2002
  2. Because it is; however, without the rocket scientists, we would have nobody to take the other side ...
     
    #72     Aug 22, 2002

  3. Aren't they too busy building rockets? :confused:

     
    #73     Aug 22, 2002
  4. No they got laid off.
     
    #74     Aug 22, 2002

  5. oh. bummer.

    they probably got all cocky and built the rockets wrong.
     
    #75     Aug 22, 2002
  6. Publias

    Publias Guest

    I suppose it is in accord with the human condition... If they are not making money it is only natural for them to think the game complex... If not they would have to look at themselves and that is often something not many of us are willing to do!

    If they want to continue to trade in the state of illusion FINE, I will just keep taking their money employing the "simplest" of methods...
     
    #76     Aug 22, 2002



  7. if you want to experience true simplicity, go out to the sahara and spend some time with the bushmen. wipe your butt with a leaf and brush your teeth with a root for six months. then you'll know all about simplicity :D

    p.s. if you got bored, you could set up a literal trading pit. do some arbitrage on sticks and rocks.

    hey what am I bid on this yam?
     
    #77     Aug 22, 2002
  8. tntneo

    tntneo Moderator

    LOL
    frustration is a powerful inspiration for comedy.
    that's good.
     
    #78     Aug 22, 2002
  9. How much edge is there in arbing sticks and rocks?
     
    #79     Aug 22, 2002
  10. Publias

    Publias Guest



    Dark do you really think this is complicated??? Get out of your head, silence the thoughts, and just go trade!!!
     
    #80     Aug 22, 2002