Day trading is losers game

Discussion in 'Trading' started by oilfxpro, May 17, 2011.

  1. ssss

    ssss

    .. Get the difference?

    -----

    Spread

    If you gambler -spread/odds in casino against you
    If you owner of casino -it is source of your profit ...


    Equal in stock market ...
     
    #541     Jul 30, 2012
  2. cornix

    cornix

    Wrong. It is equal to poker table, not roulette.

    Reversed into a long trade, obviously pure luck... :D
     
    #542     Jul 30, 2012
  3. ssss

    ssss

    cornixforex wrote

    Wrong. It is equal to poker table, not roulette.

    ###########

    ?

    Spread
    ###########

    check 10-k by www.sec.gov from Goldman Sachs

    Source of income/profit ...
    ############

    you would find -Market maker activities ,not the poker bluff
    #######################################
     
    #543     Jul 30, 2012
  4. cornix

    cornix

    Do you have GS as your clearing firm or what?

    Obviously it's GS pushing EURUSD one extra tick to hit your $100K notional size stop-loss order... :D

    Get real. Stop justifying why you are losing and start to think over what you do wrong. There is no other way to succeed.
     
    #544     Jul 30, 2012
  5. ssss

    ssss

    cornixforex wrote -

    Do you have GS as your clearing firm or what?

    Obviously it's GS pushing EURUSD one extra tick to hit your $100K notional size stop-loss order...

    Get real. Stop justifying why you are losing and start to think over what you do wrong. There is no other way to succeed.

    #####################

    1.Author is not losing money

    Ground -Author would not send any cent to any company
    ---------------------------------------------------------------------
    with exception price money ,which author win in
    different paper moeny contest

    Author is participant of mutiple paper money contest's

    zero risk ,
    #########

    but not taxed (Germany law win in paper money = win in lotto -not taxed) price money
    ------------------------------------


    2.cornixforex wrote -"...Get real. Stop justifying why you are losing and start to think over what you do wrong. There is no other way to succeed."

    That is some art of primitive propaganda for mass
    ----------------------------------------------------------------------

    Another example's of this "art"

    "...Trading changed of my life"

    " ... In my life i was not teached to be right ,but a make a money "

    Last statement was present on PFG web site in 2011
     
    #545     Jul 30, 2012
  6. cornix

    cornix

    Well, I have nothing against you making a living by winning $1000 in trading contests sometimes... Good luck! :)
     
    #546     Jul 30, 2012
  7. ssss

    ssss

    cornixforex-Well, I have nothing against you making a living by winning $1000 in trading contests sometimes... Good luck!

    ----------------

    Thanks .

    Belov is last example of author win- 1785 euro price

    Milstar in text of Frankfurter Stock Exchange -is the nick of author

    http://www.boerse-frankfurt.de/de/n...urt+news/wochenbericht+timing+ist+alles+33620

    Wochenbericht: Timing ist alles
    Dass der richtige Zeitpunkt des Verkaufs mindestens so wichtig ist wie der des Kaufs, zeigen die Wochengewinner mit und ohne Hebel.

    13. Juni 2012. FRANKFURT (Börse Frankfurt). „Kehrtwende im richtigen Moment“ titelt Jörg Hackhausen vom Handelsblatt


    über den Wochengewinner Milstar,
    ----------------------------------

    der bei einem DAX-Plus von gerade mal einem Prozent über 214 Prozent Rendite erwirtschaftet hat.

    ########
    in USA

    Author won 2000 $ ... from PFG ! ( in 2007) Contest MarketZAR

    and received ! With assitance of Court of IOWA
     
    #547     Jul 30, 2012
  8. cornix

    cornix

    At least I must say this is pretty creative way to exploit financial industry. Maybe not as a profession, but certainty as a hobby. :)
     
    #548     Jul 30, 2012
  9. ssss

    ssss

    cornixforex wrote -

    Maybe not as a profession,
    ###############

    It is can not be ...

    Retail operator(=gambler) and professional in financial service
    have different task's

    Author meet professional derivative trader in he's life ,as example

    L.Fisher by JPM , later he was CEO CSFB (in 40 yers old ) ,today work
    for Rotshild ...

    It is all different

    Multiple VP until 30 years by GS received 1 mln $ p.a.
    taxed


    Best Price for 1 place in paper money contest with 15 000 -20 000 contestant's

    some 50 000 -100 000 euro(Price was in Germany Jaguar XK ,Porsche S , Range Rover ,Jaguar XF )not taxed in Germany

    Best Price for 1 place real money contest with 50 000 contestants 25 000 $ , Price moeny not taxed in Germany .Profit from operations taxed

    But in real money contest 70-90 % of competitor's loose real money
    ---------------------------------------------------------------------------------
     
    #549     Jul 30, 2012
  10. cornix

    cornix

    Do you state that retail trading is impossible?
     
    #550     Jul 30, 2012