Ohh, pooooor baby. Are those 19 out of 20 people whose backs you're riding on ruining the ride with their complaining? Why don't you convert the 5% number that surprised you so much 3 posts ago and reevaluate where you stand against worldwide wealth levels. then maybe show a little humility and gratitude to be in such a fortunate position to have won the "i got to be a us citizen" lottery. The top 5% SHOULD pay a third of the taxes because frankly they have the most to gain from government expenditures. roads, airline regulation, SEC, treasury spending, military spending, telco subsidies, oil subsidies, S&L bailouts, the internet, the fcc, police to keep your belongings safe, insurance regulators, cheap oil paid for by the lives of children from the same people you're ragging on...you and I are the real beneficiaries at the end of the day of all these services. The government is your business partner. You may not like his split, but without him looters would have kicked you out of your house and put a bullet in you a long time ago. Maybe it will help you to think of welfare as a protection money paid to those 19 other people that you outearn. It keeps them from deciding their life sucks so bad that they might as well die and hell why not just take the rich asshole keeping them down along for the ride. I say this as a person that outearns you by a lot, pays more taxes, yet grew up in a city with 20% unemployment. What do *you* actually know first hand about what it's like to be poor. Because 3 posts ago you didn't even know you were wealthy. You feel like its hard to be the 1 out of 20. So seriously, really try feel in your head for a minute what it might be like to be in the other end's 5%. You think its hard now, you have no idea but theres 19 people in a circle around you that will explain it to you if you just open your eyes and ears a little. At the very least let them complain a little about their circumstance *just like your rich ass was a few posts ago!* I'm sure you'll disregard this and talk about how hard you work and how smart you are and you earned everything you have. meanwhile thousands of offshore indian programmers that are 10 times smarter and work three times as many hours smirk bitterly alongside the working poor. i hope if nothing else you feel *really* wealthy now, because you fucking are.
I'll leave if everyone else who trades leaves as well, but only under that circumstance will that happen, who's with me?!?!?!?! Oh yeah, the above poster is right, I was thinking earlier today while driving, how much we (Americans) don't appreciate what we have, I was driving in a town where people are living on the streets, literally, and it just made me appreciate what I have, and yet I know some people who have so much, but yet want more and more, crazy stuff. I think it would make a hell of a difference if every single american could just live the life of someone who has nothing and has no opprotunties like we do. Just puts things in perspective once you really think about it all, money means a lot to people, but we have so many more things that we take for granted and it isn't even funny.
I have to disagree. I have 18,000-hours in and have ways to make money while not losing money that will NEVER change. I could take on more risk... with risk of losing, if I want... but, I make money everyone month - no exceptions - so I have to say that not all traders (of currencies) will lose, as a rule. dRaWdOwN
I say let's close this thread. It's getting off topic, and the topic is pretty silly to begin with. After all, if all of these traders are going broke, someone else has to make the money. It's going someplace.
Hey folks: Sorry to hear about all the trauma. As regards the statement that trading gets easier, it is just common sense. If we assume (and I know this is a stretch) that a person last long enough to find and maintain an edge in the markets, then as time goes by, that person should in theory mature and develop better judgement, discipline, focus and the emotional control needed to maximize their exits (which after all is how you max out profits). What I find for myself, is that I do not go through the extreme and stressful emotional swings that I used to when I first started to trade. Since I have seen most of what the market can and will do, I am prepared for just about everything and I just execute. Its like pulling a slot handle at the casino, except I have the psychological comfort of knowing that the odds are slightly in my favor. Good luck Steve
leave day trading now or you'll go broke Hey, ya want to wreck my livehood? we badly need then losers.
Wow, that's amazing!! A few months ago you were on here looking for capital. You were saying that you wanted to show your paper trading results and you were hoping to get $1MM to trade with? Or was that someone else? No... I think that was you coinzy! Do you want me to post the PM you sent me? tRaDeRnIk