Not a Nutjob, just a man that isnt spineless likes to defend himself when he is attacked ....You made the stupid statement and I returned with the truth....I'm sure you havent made a dime on the screen and I'm also sure that you are over weight not my fault. One day soon I will return and when I do I will send you a Cheese burger of the Month Club membership so that you could feed your face. I would be happy to do this for you. In fact i will put your name in their as my buddy so that I remember you. Thanks Aldo
Back on Subject .....Just a Statement of the Truth that is all I want people to understand...Not me Not my Family or My Problems... ITS A WASTE OF TIME
You aren't successful at trading on the screen. That is YOUR truth not everyones. The sooner you understand that the better it will be for you and everyone that you effect. I can't break horses but that doesn't mean it's impossible. I can't sing but that doesn't mean it's impossible. I can't play a guitar but that doesn't mean it's impossible. These are all things I tried but just couldn't be succeed at.
http://www.youtube.com/watch?v=OVyrCvPntSQ Don't let other mess with your emotion. Do what's right. Play it smart. Sometime you just got to fold and wait your turn.
Still I feel the same way...Sure profit is possible, but I think only 2-4% make it on the screen at best...and those 2-4% have plenty of Daddy's money to rest their heads on at night....
I tend to agree, not on the actual numbers because I have no statistics to back it up with, but on the low success rate as a whole. BTW, daddy's money has nothing to do with success as a screen trader, you would still lose if you don't know what you're doing regardless of capital available (within reason). What percentage would you say are profitable on the floor by comparison? From your experience of course.
I'm not saying that Daddy's capital is reason for success..I'm stating that his capital comes in handy once you do fail and need a re-load.. or two re-loads....I'm thinking on the floor the same success rates no difference..If your last name is Wrigley or Kennedy it helps when you loose say 200k on the floor and you have 35 million more to re-load with....I wish you the best on your travels
Wow, some guy can't trade off the screen... I've been studying charts for ten years and I can barely keep above water.. but pit trading? I look at that insane asylum they are running there and I just wonder what kind of people are good pit traders... that's the craziest thing I've ever seen.. do they go there to get Vietnam out of their system or something, maybe the Gulf Wars?
Eight I feel your pain....I'm sure its tough...I'm just tired of hearing those stories from people that are making monopoly money on the screen. I'm sure most here are paper traders and wannabes...Best of luck