I Wish Et Would Ban More People

Discussion in 'Feedback' started by newtoet, Aug 26, 2003.

  1. no offense to newtoet or anyone else who seems frustrated with ET, but you can all relax because this is all bullshit and all noise...it has nothing to do with who's out here posting but the simple fact that everyone's a genius in a bull market, and all traders are gods in extreme markets, whether it's the bullshit late 90's markets or the bullshit 2000-2001 "rip the mutual funds a new asshole" markets.

    when the market is easy to trade, everything we do that gauges price action seems to work, whether it's RSI, stochastics, other bullshit inventions by imbeciles like larry williams, tape reading, trends, the list goes on forever. lately the market is total bullshit for the trader, and a wet dream for the investor. thus the people who post to this board are frustrated and have lots of time on their hands, simply because the techniques to milk volatility-trending markets no longer work in flat volatility. everyone and their mother knows that slowly trending markets are a trader's worst nightmare so don't go trying to get blood from a stone because stones don't give blood, and neither do specialists, MMs, or any of the other assholes who are out there suddenly finding themselves wondering how they're going to buy their pseudo-retarded south jersey children that new SUV for their 16th birthday...

    now i'm not going to say here what i think works in this kind of market, because frankly i have no fucking clue what may or may not work and this year has been a waste of time for me trading, but all i can say is stop trying to analyze why ET sucks and just accept the fact that it sucks because the average joe on the street knows what we all do (http://elitetrader.com/vb/showthread.php?s=&threadid=21441&highlight=*yahoo*) and thus we have no edge and life as a trader basically sucks.

    when trading is juicy like a ripe orange, everyone here is shits and giggles and all about sharing and thank god that when things suck people keep their mouths shut and talk about penis enlargement schemes, why prop shops screw you, why specialists know their days are numbered, and all kinds of shit that is sociology and not price action.

    relax and enjoy the chit chat.

    sleep tight.

    love,
    bung
     
    #21     Aug 27, 2003
  2. burnin

    burnin

    This is the finest piece in a long time THANK YOU Mr Bungrider well done!!
     
    #22     Aug 28, 2003

  3. It only took you 2000 or so posts...but finally, Bung has made a psot i agree with!!!!....and to think Bung, not once did you blame george bush!!!! Cheers!:D
     
    #23     Aug 29, 2003