Is day trading worth it?

Discussion in 'Professional Trading' started by Laissez Faire, Jun 18, 2013.

  1. cornix

    cornix

    :D
     
    #131     Mar 26, 2014
  2. cornix

    cornix

    Yep. Martial arts (let alone military) training also results in many scratches and bruises, but that's what makes a professional. :)
     
    #132     Mar 26, 2014
  3. Daring

    Daring

    And as per usual, everything get's derailed into more bullshit with zero evidence of any "student" or "disciple" killing it.

    However, let us thank the Gurus for the entertainment or perhaps you are proud of your breakeven results thanks to them.

    Pretty hilarious stuff.
     
    #133     Mar 26, 2014
  4. cornix

    cornix

    While I am very thankful to a couple ET members who helped me so much, I must say they are not among the top posters here, quite the opposite. Most of our trading communication happened in private circumstances.
     
    #134     Mar 26, 2014
  5. dbphoenix

    dbphoenix

    I read yesterday about an 18-year-old girl with a Stage 4 brain tumor. Given that, the importance of troll comments hardly registers.
     
    #135     Mar 26, 2014
  6. Exactly. And gaining skill in trading is much tougher than other fields since it's so nebulous to begin with.

    And how many who are new to the world of trading actually gtts a mentor who's walked the way successfully and can show him the way?

    That's very few.

    But everyone who enters the world of trading will be approached by vendors or self-proclaimed gurus who wants to 'teach for free' in order to fulfill some kind of psyhological need or desire for validation and recognition.

    Yeah. That's interesting.

    I don't think very successful traders would spend all their free time posting on ET and selling ebooks for 30$. It doesn't compute.

    As a psychologist, I suppose you could give us a psychological profile of these type of people.

    :)
     
    #136     Mar 26, 2014
  7. cornix

    cornix

    IMO problem with trading/investing is it attracts many gambler/get rich quick mentality people. And the prey attracts the predator. Hence so many scammers, false gurus etc.

    Nobody somehow advertises on the web how cool it is to become a neurosurgeon. Despite it's probably much more sure way to make good money. That's because nobody ever thinks it can be quick and easy. Not so with trading.

    If everyone knew it takes as much and likely more work, probably combined with unique personality traits as every other complex scalable profession, there would be no such a wide playing field for scammers.
     
    #137     Mar 26, 2014
  8. Daring

    Daring

    Nice touch there, using a sad story to gain sympathy to continue derailing the fact, that no one is killing it based on your teachings.
     
    #138     Mar 26, 2014
  9. dbphoenix

    dbphoenix

    Since most wannabees are recreational, they are also low-hanging fruit. But it's up to them to take it seriously. If they want what looks like the easy way, they also have to accept the consequences.
     
    #139     Mar 26, 2014
  10. NoDoji

    NoDoji

    Daring, how much do you earn per year from trading?

    If it's mid five figures or more, why are you so angry at forum members who are giving away an education in technical analysis of price action?

    If it's less than that, why not take advantage of the free education?
     
    #140     Mar 26, 2014