Speedo, enjoy it all you want, you have not made a dime trading. I am simply stating chart reading is a waste of time. You develop 0 skills in doing so. Hour after hour, you are staring at a picture. I would rather not see people go down that route (or they might end up like you and I would not wish that upon anyone). Instead, people would be better off looking for value opportunities, in a relative or absolute term. Ps. I was talking about moving the world forward (helping humanity was a bad way to say it). For example, Robert Engle has given a lot back to the finance community. Imagine he wasted his life staring at chart patterns... I actually have a suit in my profile pic! I guess I fall in the later category
Is there a cheeseburger in a Maserati pic? All greasing up the steering wheel? Yes, that would be him.
Totally agree. I think there is this perception that outsiders think day trading is easy and they can learn it by reading just a couple of books and off to Tahiti they go. So when people new to the profession fail they think that this is a crock of crap and no can succeed at it.
right mister. the journey to be a successful day trader is extremely difficult and perhaps deadly. it might cause us to lose our property, strain our relationship, lose tons of money through trading and at times, lives could be lost. only very few can make it.
The way you typed that reminded me of the old Discovery.com commercials. (Sorry, I see cadence in typing.)