Huge majority of you here are losers? Agree?

Discussion in 'Chit Chat' started by tangentShot, Dec 17, 2013.

  1. cmb

    cmb Guest

    now thats an accomplishment! lol sitting by the pool with a drink watching it do the work :p
     
    #111     Dec 17, 2013
  2. You've already admitted failure. Do you have another point? That you're in good company? You're not going to make it as a trader. Maybe you've got a shot at shooting guard for the Jazz?
     
    #112     Dec 17, 2013
  3. You remind me of worms wriggling.

    The trolls in this site are worst than the comment section on youtube.

    Amazing.

     
    #113     Dec 17, 2013
  4. dbphoenix

    dbphoenix

    You're kidding, right?
     
    #114     Dec 17, 2013
  5. If it is true that more than 90% of traders are net losers, than it could imply that the majority who replied but didn't admit their loses in this thread fills that 90%.

    Math is beautiful. :)

     
    #115     Dec 17, 2013
  6. Not really sure what your goal is here....to help fix your trading or to justify your losses by trying to paint an impression that successful trading isn't really possible.

     
    #116     Dec 17, 2013
  7. Goal is simple, read previous post. This's a social experiment :)

     
    #117     Dec 17, 2013
  8. Perhaps your time could be better spent studying past price data and identifying correlations in price behavior instead? (That's a hint)

     
    #118     Dec 17, 2013
  9. cmb

    cmb Guest

    I think it was 10 pages back that he was trying to tell everyone here that were are losing traders here. I told him that there would be more profitable traders posting here since the ones who have blown out their accounts already would not post.
     
    #119     Dec 17, 2013
  10. Most traders lose in the long run not because "they trade worse than random" like you said, but because trading in itself is a game with a negative mathematical expectancy to begin with.

    Try this: make 1000 random trades in the Forex market, let's say the EUR/USD with a 3 pip spread. To make things easier let's also say that your stop is equal to your target.

    After 1000 random trades, you will notice that your average winning rate is 50% and that your total loss is 3000 pips ($30.000). That 30 grand is in the pocket of your Forex broker.
     
    #120     Dec 17, 2013