Is Trading Itself a Bad Trade? I Analyzed the Industry- Prove Me Wrong

According to your profiles, you're both from London. Maybe you should look each other up sometime.

 

OK, you were one of the posters who swore at me in a previous post with no justification. But I didn't take it emotionally.

Instead, I will loop back and repeat clearly what is written in the title and in a number of posts I have made. Very clearly for you.

The premise is not whether I can or cannot trade... the premise is that 'trading itself is not a good trade' if we apply conventional trading mindset/tools to it. It is in the title of the thread. In other words, that there are better trades out there with a better risk/reward than trading itself if we analyze it. How much more clearly can I spell it out?

On your point as to whether I am a good 'trader' or not...that is a side issue and is 'off topic'...but I will address it anyway...and I have already explained...the best traders trade when the odds are clearly and consisently in their favour (it is called 'an edge') and none of them is moronic enought to place a trade with a tiny fraction of a percentage of success with huge downside if other opportunities exist.Which is why, in my opinion, no retail trader will ever become a Steve Cohen.

In my case...the risk/reward was always in my favour in my roles as a portfolio manager or a stockbroker....I always made money. Many of the so-called success stories people mention do a similar thing (and I have given examples). They 'know the game'...witness Buffet ripping off the poor in their mobile homes.

If my clients lost money or made money....I always made money. Ergo...I am and was a good profitable trader. It didn't make sense to play against guys like me and become a retail client on the losing side of the trade...logically...I preferred to be on the right side of the trade.

It is a different mindset that I am trying to share with you...the mindset of a winner...a predator...and survivor. In a way...I am trying to 'raise you up' despite your insults.

 

It's wonderful stuff here. How I love it. You never get disappointed when you come back for a quick laugh at the Elite Trader zoo. Bring it on!

 

I have an expired coupon for your book at 90% off. Can you send me another?

 

Perhaps we are still waiting for this part...ROFLMAO

 

I would send him one. But full price.

Zeno, we should stop interacting...already there is talk of a conspiracy...

 

And gentlemen (and ladies, of course). viewing.. it has to be said .....what a great thread this is.

 

Hello Surf and Surf..

 

I can't believe it...conspiracy theorists even I refer you to my previous post...I have no idea who 'Surf' is.

 

Aren't you supposed to say "See u in court!"?