Huge majority of you here are losers? Agree?

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

  1. If you have work at a brokerage & if you have access to clients records. You can easily know how many are in the green or red.

     
    #71     Dec 17, 2013
  2. That's a great motivation, isn't it? :D

     
    #72     Dec 17, 2013
  3. Maybe more so than pure ability, perhaps there just aren't people out there that use the exact same inputs and the same rule set as me to eliminate these patterns yet. My days may be numbered but so far I see no evidence that human behavior has changed much with regards to trading.

    Notice how Surf always references who he's "met", as if this represents everyone in the trading world.

     
    #73     Dec 17, 2013
  4. It's funny Surf. You could simply use TOR (as you are) and post here w/o announcing your presence as a banned alias, but you cannot. Your psyche can't handle posting anonymously. Outwardly, it's an expression of cognitive dissonance; you realize you'll be banned yet you cannot post simply as another noob. It's a paradox, eh?
     
    #74     Dec 17, 2013
  5. I don't think that "90% Lose" is quite accurate. If you eliminate all the traders that are undercapitalized, suffer from unrealistic expectations, and just plain old gullible, it is probably more like 60% lose. Still, that's more lose than win, but it puts in perspective what it takes to win, and that doesn't mean you need to be in some Elite 10%, just a slightly above average 40%. (not sure I have my math right, but it is more like 4 out of 10 are profitable. And out of those 4 winners, probably 2 haven't been trading long enough to meet the market that oustsmarts them. So what is that? Now 2 out of ten? And if one of those 2 is like me, they traded profitable for 13 years before they just violated the simple rules of trading and got wiped out. So now, what does that make it, about 10%?)
     
    #75     Dec 17, 2013
  6. This site is like an online Gambler's Anon.
     
    #76     Dec 17, 2013
  7. So, what's your point?

     
    #77     Dec 17, 2013
  8. Sure it is. :)

    Rarely anyone admits to losing.

    Less than 10% in this thread admit that they lost money.

     
    #78     Dec 17, 2013
  9. what do you mean, "What's my point?"
     
    #79     Dec 17, 2013
  10. Bro, surf is the Ed Snowden of ET. Hero or Villian?!?!? You could cut the tension with a knife.
     
    #80     Dec 17, 2013