Sorry El OchoCinco, but this is where I have to strongly disagree with you. We have far too many losers on here who are looking spread their "knowledge", but its unfortunately anything but. This whole thing started with Xela, who so many people held in high regard, but as destriero points out, could only recite shit you could find anywhere. When asked to go into detail about volume with reference to currencies, she folded. Another example is @bone. Surely you would think that someone charging 7k for mentorship on trading spreads would know how to trade. Perhaps you get lots of knowledge from him, but how much of this translates into actually making money? Reading the thread about him from a few years back was a huge eye opener. Time and time again I myself have asked the so called experts here to show some trades, share some stats, and I get nothing. @Sprout has this hugely involved method, which makes him sound knowledgeable, but what are the actual results? A few months back was another thread about volume in general. Once again, you had guys who swear by it, and others who dismiss it. The pro volume guys would never show a concrete example of how it helps them. The examples go on. Knowledge isn't really the problem, its applying that knowledge to extract profits. Real time calls in a trading competition is the absolute best way, and perhaps the only way. So many traders have a very good understanding of the market, some have a good understanding of themselves, but few have all the pieces put together. PnL is about the only way to decipher who has it all put together.
He knows options, thats it. Real money... the real pro's, are stockpickers. They always were and always will be. He trades these 3-2-1 flies, rolling the dice and trading crap like GOOGL on earnings....but everyone knows, they work for a bit...he might get lucky once or twice...but its only a matter of time before he goes bust. Again. If you want to challenge him... challenge him to see his last 5 years of tax returns. They were all red. One thing he'll never hold a candle to me on... and thats picking the right stocks at the right time, and/or knowing when to close them. That takes a slightly higher IQ than he sports. And I don't even do it for a living. Merely a hobby. He's a big blowhard. #desperateblowhard
Ahh, you got me, I am gay and your dick is bigger. I know when I am licked.... all over. I actually grew up in Laguna Beach, CA biggest gay town besides SF and I can tell a closet leather chap wearing macho shit dick a mile away, and you are one. You know the Gov can track that gay porn you watch. I actually had to look up queef, never heard that one before. Take it anyway you want. I just thought if Baron likes shit throwing monkeys I'd jump in the barrel for a while. Don't worry, I'll get tired of you soon.
You are right that knowledge isn't the problem, it is lack of wisdom that is the problem. There is knowledge on ET but those with no wisdom can't decipher it. Even if they saw someone's fleeting PnL they could not decipher it because they lack wisdom. Knowledge is knowing that a tomato is a fruit. Wisdom is knowing not to put it into a fruit salad. I knew many so called traders that would post their dotcom returns. Most busted out by 2002. Your posit is a classic fallacious argument.
You did not disagree with me actually, you furthered my point that you focus on the knowledge being espoused and if it is full of shit so is the person. Challenging them to a trading competition is not going to change that. Also have a little more faith in most people, someone Spouting fancy bullshit is seen immediately as a bullshit artist by most to discredit them as a full fledged guru. Took me 3 sentences of Hershey diahrhea to realize there was no substance there and anyone who desires to express so much bullshit but rejects requests for detailed info is just looking for ball lickers. Most people hang themselves with their bullshit and if some people suck on their teet then they deserve to lose their money blindly shining someone's balls. So we are kind of saying the same thing. Go ahead and challenge the knowledge but the dick swinging contests are pretty stupid.
^ perfect example of the verbal diarrhea I was referring to.... This is what I call a colon post..... long, winding, and full of shit.
You are exactly the type of person who needs a trading competition. Reduce the non-stop garbage down to a simple +$xxxxx or -$xxxxx. Once I see a few of these, then we can talk.