Fear and delusion

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

  1. Maybe I could, or maybe I couldn't. It's all just my opinions and I am not charging anything for it. It's worth ZERO DOLLAR as I mentioned. Through my 8 years of trading on and off, I have seen how the market work and know why paid mentors are called SNAKE OIL SALESMEN. If new traders still think they need a paid mentor to learn how to trade profitably, then they should go right ahead.

    Do you still think I have conflicting points?


    PA
     
    #51     Feb 19, 2010
  2. Hmmmm interesting comment. I don't know where that came from or if you are trying to convince me to think that a paid mentor is the key to success. I don't really know who you are and I doubt you know who I really am. So your comment really confused me.

    PA
     
    #52     Feb 19, 2010
  3. Anyway, I am done with the thread. I have made my points and I am done making them against the snake oil salesmen and thier shills.

    Either I am right or wrong, it doesn't matter.

    PA
     
    #53     Feb 19, 2010
  4. Qwerty

    Qwerty

    Quote from Pension_Admin:


    "I am a newbie, but I don't believe we require a mentor in order to achieve success in trading".

    "Qwerty, I already feel that I am in debt to you for your insight from your postings on price action and how you explain it with charts and metaphor--battle between bulls and bears. Your mentorship is much appreciated, but I really would not know how I will be able to repay you for it".

    "because I don't need a mentor. I never have and never will."

    "Mark Douglas has a good book and I read it a couple of times".

    "In the end, I do agree about trading can be done on our own. I am a firm believer in that".


    PA

    _______________________________


    Ah, ha a discrepancy yet again, you're tripping all over yourself with your own lies Pension_Admin. You speak highly of mentors and even speak of being indebted to one, then hypocritically denounce them with fire and brimstone within the same breath, which is it? You also demean salesmen yet at the same time laud them, I notice that you speak highly of Mark Douglas, what do you think he's doing with his knowledge that he put on paper? do you think he wrote that book for free?
     
    #54     Feb 19, 2010
  5. Yeah you are right. You make perfect sense!

    Have a good evening!

    PA
     
    #55     Feb 19, 2010
  6. You've have admitted yourself that you're not profitable, though I could sense that from your previous posts without you admitting it. And by the way I didn't recommend a paid mentor. You're the one who believes that "Those who figured out how to trade guard their knowledge like a magician guarding the secret of his magic trick. They will never reveal it" ..............

    Let me tell you the "secret" to trading. THERE IS NO SECRET, it is only an illusion in your mind. Instead of "reading" Mark Douglas book, start actually APPLYING his principles and you'll be on your way to profitable trading. Your posts reflect that you're not applying what Mark Douglas teaches. :)
     
    #56     Feb 19, 2010
  7. trading suckers in usually smart people. casinos the dumb people. why??

    smart people know you can't consistently win in casino's. They understand (simple) statistics. They know gambling is negative sum. However the stock market might have edges that allows for positive expectancy. The smart think, I am so smart, I can find an edge. Hardly do they know what they got themselves into. Alot, and i mean alot of hard work.:mad:
     
    #57     Feb 19, 2010
  8. Lethn

    Lethn

    Really? You think trading is the biggest gambling or scam ever?

    Personally I think it's the banking system but then again I've done far more research into that.
     
    #58     Feb 19, 2010
  9. Yeah, isn't it obvious when I start off most sentence saying "as a newbie trader" in other postings?

    Mark got a good book, and I learn to be like a casino and take on all customers. I also learn that the market could be quite random. However, I can never apply those principles. Oh well, it will be my loss. Let those who are good at trading apply those principles and may them become rich quickly and consistently.

    There is a secret, but that's just newbie talking.

    PA
     
    #59     Feb 19, 2010
  10. piezoe

    piezoe

    An astute observation in my opinion, and I heartily agree!
     
    #60     Feb 19, 2010