Hey folks - I can't believe that the majority of ppl voted on this poll have got an advanced degree! Are you all for real here or just pooping around? ~The Scientist
I said "I just don't trust those websites". That is not a limiting belief statement. But "gambling being 100X easier than daytrading" is.
Looks like I'm a meaningless marshmallow amongst syracuse, harvard etc graduates Maybe I should go back for a few years and do that PhD I always wanted. I'm just 22 after all ~Scientist
Well I wasn't accusing you Doesn't limit me - If I made as much money at the casino as I do daytrading, they'd throw me out pretty quickly I think (that's the beauty of trading - Brokers won't comp, but they'll do their best to keep winners!) Gambling is, in a way easier than daytrading. I believe that most casino games that can be won despite the vic (casino edge) [blackjack, live poker, baccarat and craps are the only ones I think] can be learnt in considerably less time than day trading... Besides, the odds are generally higher to start with (in baccarat, the vic is 1.3% or so, meaning that you can statistically be right 48.7% of the time by default - But increase your chances above that by using money management (such as small progressions "mini-martingales"). Some systems can generate up to 6.5% of turnover in the long run. You can purchase them, but you're much better off developing your own, based on your knowledge as a trader. indahook - since you're not a day trader - I tell you I can sit back and gamble online with a glass of wine in my hand. Try that while you've got a few momentum-positions open.... Have a nice day ~Scientist ---------------------------------------------------------------------- Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great. -Mark Twain
LOL what a cruisy job! And so much more mobile! I should retire to position trading... That way I could trade from my single laptop in my dream Bahama beach hut - -Rather than trying to explain to the gentlemen at customs that the 2 ATX towers and the 7 LCD's with swingarms in my hand luggage aren't intended for military purposes. Compliments, ~Scientist
7 LCD`s...GEEZZZZ! I use three. What in heavens name do you look at? One hundred tick charts? 500 tickers?
Sounds interesting, but I'd appreciate if you could explain those points in slightly less demanding terms. I'm not an 'advanced graduate', right? Black swan? Cheers, ~Scientist