Broad sophomoric generalizations. and we are at the “treat your trading like a business” outside the box thinking because no one has ever mentioned that before.
What will the day trader think of after continuous loss? Swing trading, right? A general knowledge among traders is not outside box thinking. Thinking originally is an art.
Have you ever heard the term "trading psychology"? Atleast have you heard of the term "psychology"? The fundamental of the subject psychology is the two divisions of mind called as "conscious" and "subconscious" minds. Neuroscience estimates around 95% of our mind is subconscious. All the general knowledge are sticking on to conscious mind. Original thinking comes from subconscious mind . Bro you are a simple fella, not a creative person. Stop your bullying attitude now. Otherwise i have to humiliate you before the world. Please don't push me to do it.
I've been trading for 20 something years. You haven't said anything original yet; except you keep talking about thinking outside the box.
You have been stupid all the life. That is your problem not mine. Now stop your bullying attitude Please don't push me to humiliate you..
I've been trading for 22 years. I started as a quant developing stat arb strategies. I then ran the first iteration of our bank's electronic market making desk. I then traded prop. I then built an event driven vol desk. I then left to do something entreprenurial. I started an RIA and looked to purchase an operating business. I now run an account that is probably one of the 5 largest on Elite trader. I'm almost positive that my pnl today is larger than your net worth.
%% Good points; but most likely 20% are profitable. Even Dave ramsey who never promoted daytrading, notes it 20%.[Stock funds millionaire, real estate millionaire, radio network millionaire. WSJ list of top persistent book sellers] Easy to get those numbers[2+20] confused\ hedge funds do it all the timeLOL And if you included traders that had a farm; had another business; had a cash metals business had a good paid for library; most like 80% profitable or more. Thanks, business mind set= better than a jet..........................................................