all 1000 in the MLB are doing quite well. the average salary is near $3MM, the best making $20-25MM. now let's get to trading. i know quite a few who make more than $5MM a year and that's in my small world of trading peers. I'd say they're pretty successful. the best? no. but that's not their goal. tho many more losers, there are many who've made millions from the stock market. let's keep things in perspective and stop looking for the ridiculous to support your ridiculousness.
I repeat my specific response when you repeat your overgeneralized one. Action/reaction, although it is getting tiring. If you think a well-written idiot is bad, you should try reading the posts of a not-so-well-written one. As for my agreeing with you, did you not read the part where I said it looks like I use less discretion than your trading god, VN? That would make him more of an "artiste" than me. So where does that leave your subjective argument? In any event, I hope you had a good Thanksgiving. Remember, the goal on any Thanksgiving is to not be the turkey. Better luck next time.
speaking of overgeneralizations, snippets of potentially false journalistic narrative, cherry picked for effect, is all you have to base your erroneous conclusions. your bias and agenda are clear from the start, turkey! surf
Same could be said about art schools and art supply stores. Only a handful become the next Pollock or ever sell work for any substantial amount. But it worked for them. Again, you focus on the average joe.
Bias and agenda? Pot meet kettle. Are you suggesting that VN doesn't trade in this manner? Did you read his books? Consider those "counting" examples in the article. VN chose 3 down days as a determinant for comparative "counting" purposes. In the other instance, he chose a 12-point move. Such selections seem very arbitrary and subjective, regardless of how you try to sell it as "counting." Why 3 days? Why 12 points before 1PM? He just pulled those out of the air at the time because that is what he happened to see at that time. And his entry apparently occurs shortly after the idea hits him. Therefore, he uses a different data set just about every time, depending on what he sees and feels at the time. I always seek the same objective setup, subject to my final okay, and look to enter at the price defined by my objective setup. Can you see the contrast in subjectivity? Baste in that, boyo.
anonymous internet chatters making overgeneralizations once again, i see. what seems arbritrary to you, lacking insight and knowledge, may be based on data sets you couldn't even begin to comprehend. objective setup--- like the 3 bar drop?? LOL ! surf
I have no idea what this post means. I can only assume you pulled it out of where you pull your other all-purpose posts when you stop thinking. Good night.
To an observer who doesn't know the rules, everything is random. To the rule makers, nothing is random. To the rest , its pot luck