Answer is in your comment. IF you see a satistical bias to one side and that is Unprofitable ........ it means....... to be profitable.... one needs to flip sides.....
Daytrading is a pipedream. http://www.elitetrader.com/vb/showthread.php?s=&threadid=194342&highlight=pipedream
As someone who used to own a business, I can tell you that being an entrepreneur is much harder than trading. Trading you are competing against the market. It's very hard, no argument. With a business, you competing against any number of businesses, taxes, regulations, all the problems with employees, customers, maintaining cash flow, and on and on. If you think starting a business is a panacea, well good luck to you!
Guys, trading is NOT HARD once you understand what you are doing and HOW to approach the mkts. Until then, its a seriously dangerous place to play.
Absolutely wrong. In a business you can easily be the most creative and smartest guy in your business. You can easily dominate your niche. Not so in the market-- the smartest people in earth are your competition. I have run businesses for 30 years and still do. I can state unequivocally that there is no comparison to trading. It is by a large magnitude much more difficult.
Wrong again. Maybe you can eek out a subsitence living in a 3rd tier Midwestern economy. Without major capital and ever changing adaptation you willforeverbe in the middle to lower class even if wildly fortunate. Y
No, this is incorrect. A forex broker ran a contest where you win by losing the most amount of money. Guess what, the losers still lost by winning this time. You can't fade a failure and find success.
Bro, I've been doing this for over 12 years, day in and day out. I think I know what is possible in this business. I live very well, in one of the most expensive areas on the east coast. It's not a bragging issue, it's an issue to dispel all the negativity.