What kind of a statement is this? Have you read any of Schwager's Market Wizards books? You should! They are loaded with multi-million dollar 'losers' who trade from home.
It's fiction. You can only win from an office. Your rate of return = (office_floor_num / 1.16825) + (miles_driven_to_work_num^3) + distance_to_bathroom_num * sqfeet_in_cubicle_num)
Facts: 1. All daytraders lose money in the long run. 2. People who loose money are called losers (you said so) 3. Thus the logical conclusion: daytraders are losers! 4. This proves my post title: Only losers daytrade (you can add from their own home, if desired). Search for my journals with REAL TIME trades (they were long term trades, and I profited BIG). So simple, it should be obvious. Great idea! Maybe you can get nice offices dirt cheap, as long as you agree to leave when (if) they find someone else who pays big $ rent. You would also help so that the offices don't look too empty. Most market wizards (from the book) ended blowing up in the long run.
Please understand that cgarcia is a fruit loop. His only purpose is to piss you off so you will continue to post. Your continued posts are all he cares about. He doesn't trade, he can't post any proof of his trades without them being photo-shopped and he's a simpleton that is humorously pathological. If everyone ignores him . . . this alias will just go away.
Nonsense, he's really Warren Buffit's kid by a first marriage. He even tells you how much you will make at "The Offile" with his time tested formula: Your rate of return = (office_floor_num / 1.16825) + (miles_driven_to_work_num^3) + distance_to_bathroom_num * sqfeet_in_cubicle_num) Even if he was a "simpleton that is humorously pathological" that is average for ET these days. Where on ET is a thread that has any real value in terms of trading? The serious money traders have all moved to LinkedIn.
It has been a while since I have posted. I cant understand what is gained from this board. Seems like paid posters just talking to themselves. Not paid directly but perhaps some sort of stake or steaks in the game/ dinner...... Elite trader is virtually useless, show me how it is not useless? For just passing time if you enjoy wasting time its very useful, but so aren't sand castles and so on.....
If you want to have some useful discussion with serious traders join LinkedIn. The people there are real in terms of trading, skill and ideas. ET is for entertainment purposes only. It's like wasting an afternoon watching the monkeys at the zoo scratch their butts, except some of them are smarter than the average poster on ET and probably better traders.