people who trade futures are extremely dumb...

Discussion in 'Index Futures' started by cooolweb, Dec 9, 2010.

  1. Lucrum

    Lucrum

    BINGO!
     
    #41     Dec 9, 2010
  2. lol, well less than 3000 printed from 34-36. Hmmm. Dare we say.... bullshit?

    You sold the low! Well, you would have had you actually gone long CBL.
     
    #42     Dec 9, 2010
  3. zdreg

    zdreg

    it is well know that it is a lot easier to make the 2nd million then the 1st million.

    of course there are a people who started out with 10 million and ended being a millionaire with 1 million.
     
    #43     Dec 9, 2010
  4. emg

    emg

    Futures are considered one of the riskiest investments in the financial markets - they are for professionals only.

    Professionals invest more than $50K to trade in the futures due to high volatility and leverage.

    It is absurd to start $2k trading in the futures market. Futures market is only for PROFESSIONAL TRADERS (Prop Trader, hedge trader, HFT Trader, managed fund trader)

    Futures Trading is no room for Beginner and Amateur who wants to start $2000!!!!

    This title of this thread is

    people who trade futures are extremely dumb...

    obviously, we know who the dummys are in this thread


    Meaning, Beginner and Amateur.

    If you want to learn how to become a successful futures trader, get a master/PHd in Math or work with Fund Managers (funds have Phd like George Soros and others).

    Or work in Goldman Sach along with tons of Master and Phd degree traders.

    THAT SAID!
     
    #44     Dec 9, 2010
  5. True. I think a proverb says that a silent man may be only be thought a fool, until he opens his mouth, and removes all doubt.

     
    #45     Dec 9, 2010
  6. False. If you have a system, money management, and psychology you can trade futures with much less than $ 50,000. You don't need a PHD in math, but you do need to know some statistics and be able to calculate risk vs reward per trade based on win%.

     
    #46     Dec 9, 2010
  7. You were looking to make 4 points on CBL?
     
    #47     Dec 9, 2010
  8. LOL, wonder if Coolweb will address this?

    :)


     
    #48     Dec 9, 2010
  9. Lucrum

    Lucrum

    ...and anyone who believes you've ever placed a real money trade are even dumber.
     
    #49     Dec 9, 2010
  10. ouch! :eek:
     
    #50     Dec 9, 2010