Day trading is losers game

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

  1. ssss

    ssss

    cornixforex

    Registered: Jan 2011
    Posts: 1249



    07-30-12 02:58 PM
    So anyone can request SEC to audit his/her performance and give official conclusion?

    ##########

    From experience of the author -yes
    ######################

    No any doubt
    ##########

    Result is used by contest provider for propaganda
    He is public on official site of Frankfurter Stock exchange
    or CME or ... site of the broker

    And that is related to multiple law

    Not only law of security operations ,but advertising
    #################################
     
    #561     Jul 30, 2012
  2. cornix

    cornix

    And if someone showed you statements audited by serious organization such as CFTC you would conclude that retail trading is possible?
     
    #562     Jul 30, 2012
  3. ssss

    ssss

    Cornixforex

    Registered: Jan 2011
    Posts: 1250



    07-30-12 03:03 PM
    And if someone showed you statements audited by serious organization such as CFTC you would conclude that retail trading is possible?
    ###################################

    That was answered multiple time's above
    --------------------------------------------------


    In game ,where mass of retail operators are dissadvantaged against
    professional win and great win for retail operator is possible ,as in lotto

    But this win is matter of Fortune ,not the business
    #################################

    Business make Market-maker from Goldman Sachs ,whic hhave advantage atleas through spread

    Broad mass (multi 100 000 000 )of lotto operators loss small amount of the money ,but exist some 10 persons ,which won 50 mln $ each


    If operator is dissadvantaged in game (lower as 50 to 50 by payement
    1:1 ) ,than best what he can make -low quantities of high risk bet ...

    Long time dissadvataged game
    #####################
    with high quantities oeprations
    ####################
    make chanse to loss more
    ##################

    That is scientific ,as in casino ...

    As exist multi mln retail operator's in stock,future ,derivative

    than is possible ,that some would from this retail would have profit
    long time with high quantities smalll operation's

    Ground -very high quantities of retail operators
    ############################

    and very limited quantities of retail ,which would perform that

    With time ,quantities of this retail which would be in profit would be lower

    Statement of CFTC and SEC in this case would give proof ,that this
    operator is you ( 1 from 1 mln or 1 from 100 000 )
    ###########

    and this kind or result is scientific fact
    ########################

    Example

    After statements of CFTC

    12700 % (128 time's)on capital 1296 $ in one month
    from 1 000 000 attempts in 3 years is scientific fact
    #################################

    with very good chance
    ##############





    Best wish
     
    #563     Jul 30, 2012
  4. cornix

    cornix

    Even win as a result of say 1000 of trades is just fortune, not professionalism?
     
    #564     Jul 30, 2012
  5. ssss

    ssss

    cornixforex

    Registered: Jan 2011
    Posts: 1251



    07-30-12 04:06 PM
    Even win as a result of say 1000 of trades is just fortune, not professionalism?
    --------------------------




    Game theory ....

    Scientificaly casino retail operator have dissadvantage
    (ODD payments)
    IN Europha best Casino retail operator have 48.64%
    by payement 1:1

    this dissadvantage -source of multi mln $ profit of casino owner

    That very comporable with dissadvantage through spread -
    MM by GS 1 mln $ p.a. i n28 years -norm

    ...say 1000 of trades is just fortune, not professionalism?
    ##################################

    Which group of interess can win with


    Statement " ...Profitable Trading for retail operator
    with multiple 100 operations is matter of professionalism "

    Answer - Bank's ,MM as this kind of statements is
    effective promoutions

    propaganda for broadly mass

    Result of this kind of propaganda - Mass of new retail clients ,90%
    of which would lose he's money for mln $ salary of IB
     
    #565     Jul 30, 2012
  6. cornix

    cornix

    Can you simply answer "yes" or "no"? If someone posts a verified statement of thousands of trades, which clearly show presence of an edge (say 66% profitable trades with 1:1 R/R) would you consider it luck or something else?
     
    #566     Jul 30, 2012
  7. ssss

    ssss

    #567     Jul 30, 2012
  8. ssss

    ssss

    cornixforex

    Registered: Jan 2011
    Posts: 1252



    07-30-12 04:18 PM
    Can you simply answer "yes" or "no"? If someone posts a verified statement of thousands of trades, which clearly show presence of an edge (say 66% profitable trades with 1:1 R/R) would you consider it luck or something else?
    ###########

    Retail operator ?

    thousands of trades 66% .... with payement 1:1 ?
    --------------------------------------------------------------

    After payement of spread ,broker and margin fees ?

    For multi mln profit of Casino in best EU Casino in Monte-Carlo

    in roullete by payement 1:1 enough 51.36% "profitable trade's "

    ....

    You must ask another ET member ... they would answer
    ###################################
     
    #568     Jul 30, 2012
  9. Wide Tailz

    Wide Tailz

    I just made $54 day trading my sim account this morning.

    :D
     
    #569     Jul 30, 2012
  10. LOL....I know you are kidding, but here is the problem. the "$" should be left out entirely. This is why SIM is so dangerous.

    You actually say "dollars" and "made money".

    It's a good racket.

    It should be "I got 54 banana peels today."

    No difference, until you say stuff like "I could have....if real money." LOL. then the mind starts doing its thing.....
     
    #570     Jul 30, 2012