Dude, Are you still trying to trade trends?

Discussion in 'Trading' started by MarketAddict, Sep 14, 2016.

  1. Good for you.. But why say it's impossible for a retail trader to make money? Does that make any sense.. We all have our way of making money..
     
    #131     Oct 1, 2016
  2. There are very very few traders who will be able to make money , it is virtually impossible ,
    the market is too efficient to allow free lunches /edges.
    1)Human brains are wired to make the wrong moves in the markets , our phsyche as humans is required the opposite moves like reactive patterns , stress responses , emotions ,UNCERTAINTY , the need to be right , testosterones , our emotional brain is not well regulated and mistakes made by traders .
    2)Technical anylysis , price action , trends etc is very subjective and it can be trading a triple edge sword
    3) It is a zero sum game , the clever sharks eat the weak , marklet calls the first shots , you follow , all your following is LAGGING , the market has an edge ,you have no edge .It sucks you in and screws you
    4)The only edge a trader can have is a mental edge , but that dissapears in extreme volatility.
    5) Trading is highly competitive , more like a mental sport that is played in the mind

    So the odds are against the majority of over 95% of traders

    Based on all the above I invented a mathematical formula that eliminates all the above disadvantages , a formula that has an edge before the first trade is made .Individuals do not have this edge i.e spread/cost.
     
    #132     Oct 1, 2016

  3. And there are very few traders making money trading the way you trade.. Fair enough?
     
    #133     Oct 1, 2016
  4. I don't discuss my formula with anyone else , I invented it for my own personal use , I don't share it or have any intention to , it is making money.I have billionaire family members /investors.:):)
     
    #134     Oct 1, 2016
  5. Please stop it..
     
    #135     Oct 1, 2016
  6. So you agree you make trading decision base on your feeling and emotion, good luck then.
     
    #136     Oct 1, 2016
  7. I don't agree on that sir.. I manually back test and forward test to get where I'm at.. I don't trust my feelings when it comes to risking money.. And I don't listen to people that aren't exclusively paying their bills from their trading profits (I'm not talking about you)..
     
    #137     Oct 1, 2016
  8. Visaria

    Visaria

    Um, yes he does.
     
    #138     Oct 1, 2016
  9. Oh ... He's disappointing me.
     
    #139     Oct 1, 2016