I am done punching down. You're fond of stating that ppl are "putting words in my mouth" when I agree with none of your arguments, but you end most posts with "we're in agreement" which is a pathetic ploy. The knowledge gap is too severe and you're not very bright. It's worthless because you lack the aforementioned.
Asked the most straight forward questions yet and those are the ones you choose to ignore and not respond to? lol Do you believe most people can trade well? Yes or No Do you believe most people on this forum are taking mainly long positions? Yes or No Do you believe majority of people on this forum are using mainly time? Yes or No So for days and days you respond to my post incredibly quickly and follow me in EVERY SINGLE thread I post in. But don't have time to answer 3 direct yes or no questions? Ok, whatever man. Enjoy your weekend.
I mean of course that's what it means man. If you objectively break everything down and actually look at what people are trading, how they are trading and the things they say as to why they are trading it. You will find that is people's #1 way here to make money and turn a profit. What would you say in general would be what people are using to make money in their retirement accounts? Time. Someone who is "buying the dip" and holding a position. What is a large part of that? Of course time and being long. Nothing wrong with swing trading there's obvious benefits to that as mentioned, but if you truly have a deeper understanding of the markets and a particular edge why would you not want to use a multiplier by moving down to a smaller time frame? The only reason would be either A) you already have so much money you value your free time over sitting in front of the screen or B) You really don't have a deep understanding or your edge isn't a big or as quantifiable as you claim. Therefore whether or not you want to believe or understand it, you're simply using the defacto method to make money.
The first part is not true. I know a lot of people who retired from institutional trading roles and now are successfully trading their own account. There is a lot of low capacity alpha around, but you need skills and knowledge to find and extract it. The second part is obvious. If you take a very smart guy, give him a job for a prop firm or a bank for a few years they will have the necessary experience to make money if given the necessary infrastructure. However, that guy has to be smart and has to have the right education (math, stats, CS) and has to have a modicum of knowledge about the field. And he still might fail, I’ve seen that a lot. Your argument reminds of all the guys who think they can be competitive in Formula 1 if only they got a chance. The “reasonably priced car” challenge on Top Gear proves that it’s a fantasy.
Not sure by just saying not true and a lot is quite enough to unequivocally say I am incorrect in the broader scale. That's just your experience. I mean if by a lot you're saying like 100's of people then ok. I may need to reconsider. If by a lot you mean like 3-10, doesn't do much to convince me. As I've seen a lot of people in the same situation that could not do that. A lot of low capacity alpha around I agree with that. That's what I am trying to explain to poopy that despite their being disadvantages there's a lot of advantages to what I am doing like flexibility. I guess his argument is more that I am just too stupid to find it, fair enough. Lastly the second part being obvious was part of my point. You are aware that just because something is obvious, doesn't necessarily take away from a point correct?
Can we leave the thread to members who have the requisite experience? Thanks for your support. It's in the title of the thread.
Can we let people journal in peace without following them around to every thread, repeating ad nauseam that they don't believe them? Thanks for your cooperation.