Only losers watch CNBC huh? lol This site is ridiculous. Gotta love CNBC. 80% garbage, 20% useful. Proves itself today. Like usual "Logged Out Registered: Nov 2007 Posts: 47 02-14-08 07:47 PM I am absolutely AMAZED how many of you watch CNBC throughout the day......WOW I really am starting to understand the 95% fail rate." "makloda Registered: Mar 2006 Posts: 3149 02-14-08 04:30 PM Quote from Landis82: Again, I am at a loss as to why so many people on ET tune into CNBC. It's virtually worthless. Why some people believe they can gain an edge trading when watching TV is beyond me. I never watch CNBC other than those Youtube videos when they have something funny to show." " bond tr4der Registered: Nov 2007 Posts: 22 02-14-08 04:35 PM Quote from makloda: Why some people believe they can gain an edge trading when watching TV is beyond me. I never watch CNBC other than those Youtube videos when they have something funny to show. Ever wonder why 95% of traders lose money? There is no reason why anyone should ever watch CNBC except for entertainment purposes. The entire network is a shill, except Santelli." This game is full of idiots.
For the one time in a million it's useful, its usually just a bad distraction that can cost you a lot of errors through lack of focus. Watch the charts, they tell you everything you need to know
Why is it so bad? I think CNBC does an excellent job reporting financial news... What would you suggest? ...
If you havnt seen this, you should http://www.thedailyshow.com/video/index.jhtml?videoId=148349&title=very-mad-money
Only amateurs hope to gain an edge from listening to people talk the market on TV. "CNBC is useful" != "CNBC gives me an edge trading"