What kinda dipsh*t abhors trading, yet trolls around on a website called "Elite Trader?" garcia, that's pretty sad, dude. The truth is: YOU can't trade. Don't put ceilings over other people. It speaks very poorly of you. GL "investing" Maybe one day you should look at a continuous, montly chart of SP divided by GC: Stocks measured in gold. douche bag
Thousands of trades? Many years? Let my guess, paper trading? BTW how many times you clicked the "reset" button?
I average about 800 trades per year and have been profitable for the past 5 years with real funds and no resets. Sure, I am getting killed partially by paying so much in spreads, but hey, its the only way I currently know how to trade. If you want a long list of commodity trading individuals who have been making money simply click the link: http://findctas.com/index.php?option=com_rankings&task=ytd Acting like it can't be done is especially strange since you recently admitted that it is indeed possible (despite being unlikely). Call me crazy, but maybe you should spend less time worrying about bad trading and spend more time figuring out how to best use the skills you have in another money making endeavor. Right??
I think we can all forget about this thread. In fact, ignore all the threads started by crgarcia with a catchy title and a 2-liner thread starter, like this one and many others. It is her opinion without substantiation. If I remember correctly, she mortaged her house to invest, and believes no one can ever make money in trading. (And she also thinks George Soros is an investor too.) Right on.
http://www.managedfutures.com/rates_of_return.aspx Another myth busted. Yes, there are CTA's who suck, many of them. And then there are those who don't. Ideally you should diversify amongst them... The sad part is that they can have high minimums, so only the very wealthy or institutions can diversify. Investors, yes, investors, should probably allocate some of their funds with CTA's or other non-correlated programs. This is according to modern portfolio theory. Instead too many investors buy and hold commodity ETF's -- gee, thanks from all of us... CTA's are generally meant to complement stock and bond portfolios. Meanwhile, it is true that most who try to become successful traders -- as well as investors -- fail. I imagine the Ãnestors per se do fair a bit better than the traders, b/c when you trade poorly you can really wipe out fast. Remember that someone as conservative as Taleb Nassim (of Black Swan and Fooled by Randomness fame) is not an investor; he only buys options.