Wrong. Black people are the ones all contorted about Obama. They'll vote for the "Black Guy" no matter what he does. <img src="http://t0.gstatic.com/images?q=tbn:ANd9GcQWYtRoXh3oNfCfA2nyBRqgf3yqn9aw2qvuyJwQrB_m38aHfFSD3w">
Nope, but it not nearly what non-blacks make it out to be, I have posted the Chris Rock skit many times in here. Maybe it really really matters if you live in the hood. Trading is pure number. So much so that I can now trade with a calculator for price targets. I still need to see the chart for time targets tho. John, P&R is a release, and not to be taken seriously. I have posted this many times. This is plain ol oneupmanship and bloodsport. People are playing roles on here. When the liberal wing of fight club got quiet, the libertarians turned on the Neo-Cons. This is fight club. Is Lucrum a toothless Appalachian redneck? Probably jk Lucrum, jk. Please, for those of us who do post upstairs, don't take any of this stuff home with you, what happens in the in basement stays in the basement. Except for Cold.
Of course he should, everything in life is a gamble, anything that is not 100% in your power to control is gambling. As such, gamblers must learn to take risks. The higher the risk, the higher the reward. But, as a hedge, as I have done, they will also become a professional at something in demand. It's a win, win. No muss, no fuss, no stress, no mess. But you are a professional gambler, Mav.
RCG, so trading is not gambling? You can say anything you want about politics and I won't get emotional, but calling trading gambling? You just through a rock through my window.
I guess I'm the luckiest guy in the world then since I've been doing it for 15 years. I had no idea I was so lucky. There was a stretch in 2001 where I made money about 197 out of 200 days. And I sat next to a guy that made money 199 out of 200 days.
Mark Fisher says trading is gambling, Mav! It was actually a transcendental moment for me personally. It made me think in a whole new light. After that, stuff just took off. That is NOT a shot at you....we are speculators!
Well this might sound awesome to a newbie, but we both know that the market is going somewhere today. All we need to do is be there when it does. Making money most of the time, if you are full time ( which is the dirty little secret here at ET) is not difficult. You do have to have a method, and you do have to stick to it.
You are also disregarding the fallacy of large numbers, I did notice that you had to reach back to 2001 to get that stat. It is 2012 now.
I used 2001 because that is when I had the largest data set. I've made money over the years since then but it's not quite as fair to use longer term swing trades where there are not as many and call it statistically significant.