Trader666, While many feel your pain, do yourself a favor and just let it go, as you cannot reason with those who are unreasonable. All you can do is laugh about it and move on. There is always a portion of society that thinks being dishonest is in their long-term best interest and completely justified. The rest of us know what these people are. I wouldnât rile yourself up over so many of the ignorant people of the world. They are the âlittle peopleâ of society. So insignificant that striving for attention on a forum to feel they are justified in their actions and getting any attention they donât deserve is all they have to look forward to since they are obvious failures in the real world. They come here to feel better about themselves and justify their complete lack of class, moral compass or integrity. That is why they spend so much time on âpaper traderâ, i.e. I mean elite trader. Be happy some ignorant young punk just out of school with his MBA (and writes like a middle schooler) thinks defaulting and selling himself out over 12k is a good long-term move. It makes it easier for the rest of the people we know to get a job that he wonât get as soon as they check his credit. Would you hire a 20 something just out of school that tries to get ahead by shirking his responsibilities? Would make many hiring managers wonder what he would do at your company when you werenât looking. Pretty easy decision for most managers but something he hasnât bothered to think about. He will learn about his foolishness sooner or later. Most people only learn the hard way. Let it go my good man. Over 60 pages to TRY to justify their actions? I would expect nothing less from the âlittle people.â Just enjoy the comedy value they provide to the rest of us since they are certainly no threat in the real world of trading or in life. Quite entertaining if it wasnât so sad. Woo saaah. Good trading to the rest. BM
More rationalization for bad behavior from the one who wrote: if the need arises in the future to screw the banks or anyone else for that matter,i won't hesitate and your opinion will be irrelevant.I see that as winning not losing geddit? Are you really too self-absorbed to realize is that credit card cheats aren't "screwing the banks," they're screwing the honest customers of the banks who those losses get passed down to? Or do you realize it but you're hiding behind the "screw the banks" mantra because you're a coward and need populist cover?
Talking to these people is like trying to reason with a Jack Hershey follower ... the more logical you get, the harder they're going to dig their heels in and resist any efforts to change their ways or their thinking. In fact, Fractals 'R Us is a hershey follower, so that pretty much explains everything for him. The others are just cheap opportunists, nothing more and nothing less.
Big Money: thanks for your thoughts but trust me, there's no pain. JJ hit the nail on the head with his comment and if you're familiar with my posts you'd know I'm fascinated with the psychology of Jack Hershey followers too. One of my goals has been to get people to explain their thinking which I've found very interesting, especially when looked at in the context of the APA info I posted before. Although an internet thread is not a clinical setting and, unlike Hypo, I don't play a shrink on ET (actually he plays two), I still think it's fascinating to read some of the posts here with those criteria in mind. So intrigued by the selfishness, false entitlement, irresponsibility, disregard for others, and self-serving attempts to rationalize bad behavior is more like it.
I think our problem is that we actually make money by trading, and thus do not have problems paying our bills. You clearly are not. We are just tired of paying for your deadbeat ways because the CC company passes the cost to its paying customers.
Maybe it's clear to you he doesn't make money,don't see how it's clear to anyone else. What is clear is that you cannot read. Please show us where he said that. Please show us where he said he could not afford to pay.The arrogance of the self righteous is always so predictable.Presumably we should believe you're a winning trader just because you stated it. (like we give a damn) Still waiting for proof of the link between morals and trading ability as claimed in this thread. Spanish actually did say he makes money and predictably members of your camp just assume he's a liar,basically because it suits their argument- this is what i mean about needing to be right.Not a good trading approach.
I never was a Hershey follower, that NLP speak stuff makes my head swim. I did examine what he was doing and found that a channel expresses both trend on one timeframe and volatility on another... it's all just empirical stuff he stuck together over decades that is, well.... not satisfying to me in a mathematical sense. I took the ideas and sorted them out and did indeed get them into a mathematically pleasing state that probably can be made into an automatable strategy... I'd work harder on that but nowadays I really need the rest and psych meds to get my tired brain working again, and that is an adventure in itself... try some Selegiline and D-Phenylalanine together sometime.... weird... I'm more fascinated with the people that attack Hershey continually... what the hell is up with somebody that would spend hours a week attacking somebody?? Now I find that they will attack CC defaulters too !! My dad was a mob guy, ok ? Not making this up for a minute here. I had a job at a gas station when I was a kid, there was one of these guys with the histrionic attack-jerk personalities that just would yell at me and order me around... It didn't bother me that much really, our shifts overlapped by just a few minutes but I mentioned it to dad and a couple days later some guys came and beat the guy to a pulp. He went away and never bothered me again for some reason I really think that my dad had seen these people before and he really didn't like them at all, he did that for me but more for himself I'm thinking... what I see in the internet age is that they can express their shitty little attack-jerk personas with more impunity so we have to humor them I guess... nobody does this stuff in person that I ever notice, but twenty percent of internet posts are attack-jerk stuff... it sort of fun to get them going, I see them as wasting their lives on the internet, I guess that's the way you cope with it all BTW, any of you guys trying to put distance between yourselves and collectors, check out the Google telephone thingy that they are going to ramp up, you can have one psudo telephone number not tied to any physical address that will forward to all your phones I guess... Another side of the collections mess is that they all will break the law and people that collect enough evidence are pretty successful in suing them. You can take your calls through your computer and record them all, that alone will probably be enough to get a judgement against them, I've heard numbers up to 60,000 USD...
Irresponsibility is on the rise. I cannot for the life of me understand why. Yo' illustrious federal gov't is setting a fine example in combating this. Pay your bills on time. And who ever heard of stiffing the American taxpayer. Such wonderful role models and leaders.