Fear and delusion

Discussion in 'Trading' started by joe4422, Feb 17, 2010.

  1. See, there you go again.. Spouting out diagnosis like a doctor.. You should be ashamed of yourself, hypocrite!! Where's YOUR doctor certification to spit that out?? Oh wait, I see, you're unqualified to give advice too!
     
    #121     Feb 23, 2010

  2. Seeing your posting is like seeing a car accident with the driver seriously injured. You don't have to be a doctor to know that the driver needs help. I am no doctor, but I can definitely see you need professional help. (from a qualified professional)
     
    #122     Feb 23, 2010
  3. Stray as much as you'd like from the original point at hand, Pension_Admin, but your mockery is not going to amount to much after the entire interweb thinks very lowly of you for your hypocritcal "Praise one day, hate on mentors the next" behavior! Not gonna fool me!
     
    #123     Feb 23, 2010
  4. I am not trying to fool you. I am just having fun while you make a fool of yourself.

    BTW: Switching to the right side is what traders do.
     
    #124     Feb 23, 2010
  5. MyNickel

    MyNickel

    Don't all humans learn from other humans? What a bizarre statement.
     
    #125     Mar 30, 2010
  6. Not in trading.Here mistakes of many humans enrich the few who are willing to recognize them and capitalize on it.

    Over long haul, markets distribute lots of wealth from the many to the very few and if you can't get this, trading isn't really for you.

    I would be very surprised if any of the 99% of the so called trading experts like Oliver Velez, Markus Heitkoetter, or others who willingly advertise for mentorship / training and other stuff actually make a dime from trading itself.

    There are many edges in the market as a whole but it needs a skilled trader to exploit those, the trading experts are those unskilled traders or who had been "hot" for a while that they no longer can earn a living from their edges assuming they had any and hence the hawking of "education services" as well as being media whores.

    And if you are a skilled trader, wouldn't you be sharpening your skills to better capitalize on new edges for extracting more money from the markets instead of relying on clueless newbies to pay you?

    Think about it.

    Cheers,
    Max
     
    #126     Oct 24, 2010
  7. Cheese

    Cheese

    There are mentors in many areas of business who will give you their advice if you pay them. Often, after reflection, you can find that you have not gained very much from many of these offerings. Additionally the world is full of scammers who can't make it themselves but who will try and make something from the gullible. The gullible can be almost anyone whose only sin is self delusion and self deceit. They actually want to believe someone else will make them rich after paying out a fee.

    The idea of trading in stock or futures markets will always suck in amateurs - so many gullibles and hopefuls. And, sooner if not later, they will all be spat out, no richer and probably no wiser. The trading gurus are all bogus (with few exceptions) and prey on all these lost souls who are gullible, victims of their own self deceit.

    For any newcomer trading is only an avenue for the robust rational individual who has the savvy, problem solving capability and dedication along with a suitable trading temperament. This is really asking a lot. But the ultimate prize is that you can make yourself rich from trading.
    :)
     
    #127     Oct 24, 2010
  8. How was it possible that you had never run across the myth of the "full time trader"?

    Think about it. Or continue to not have considered it.
     
    #128     Oct 24, 2010
  9. There are a lot of uncomplex quiet people who simply take in stride getting rich trading. Getting rich trading has no "ultimate prize" facet to it at all. It is a very routine uncomplicated process for anyone whose mind is differentiated.
     
    #129     Oct 24, 2010
  10. Aren't you the guy who claimed to make 3 X ATR daily without a losing trade?

    And you ask me about myths :p

    Cheers,
    Max
     
    #130     Oct 25, 2010