Its impossible to be profitable in trading as a retail trader

Discussion in 'Trading' started by quant983, Apr 21, 2016.

  1. newwurldmn

    newwurldmn

    Annualize whatever you can do in a year to 30 years and shock it by 50bps
     
    Last edited: Oct 3, 2016
    #111     Oct 3, 2016
  2. Yes I think as good trader also they can discipline using risk management in trading, sometime almost mistake trader is greedy in trading, often this emotion leading quick loss
     
    #112     Oct 4, 2016
  3. #113     Oct 4, 2016
  4. There is no one strategy to be a successful trader. I find a combination of buy/hold, swing, and options. Leg in/out, average down/up, dividends, use options as they were intended, manage risk, don't get greedy. There is an advantage/disadvantage to every strategy but rarely a linear path. Learn from mistakes and successes. Find your groove that works for you, which may not work for others. The markets are not a lottery, get rich quick schemes exist to separate you from your hard earned capital. Hind sight is 20/20, I like to (attempt) think forward. My 2 ticks worth ...
     
    Last edited: Oct 5, 2016
    #114     Oct 5, 2016
  5. If trading was easy , the whole world would be doing it.In fact all the books and education on trading , are written by unsuccessful people , they could not make money from trading , but from writing books , selling courses and education.
     
    #115     Oct 6, 2016
    viruscore1 likes this.
  6. Xela

    Xela


    ALL?! you've read the whole lot?!
     
    #116     Oct 6, 2016
    viruscore1 and d08 like this.
  7. #117     Oct 6, 2016
  8. Xela

    Xela


    That's one possibility.

    Another is that you've found your way onto my "ignore" list.
     
    #118     Oct 6, 2016
  9. Mtrader

    Mtrader

    And he also knows everything. He even found the wholy grail.
    That's why he is posting in almost every thread on ET. Before the end of his first month on ET he will have 1000 postings.
     
    #119     Oct 6, 2016
    Handle123, d08 and Xela like this.
  10. I will go in exile after 999 or be banned before that.

    Remember, in every gold rush there are unqualified people on the sidelines selling tools, maps, clothing and food. They’ll tell you what to wear, the route to take and sell you supplies they think you need even though they have never spent one year prospecting themselves. And as soon as the gold runs out in one area, they’re off to the next…selling the tools.
     
    #120     Oct 6, 2016