Trade For A Living - Day Trading

Discussion in 'Professional Trading' started by Jordan_Andy, Jun 24, 2022.

  1. deaddog

    deaddog

    The question is, how do you learn?
    The reason everyone isn't rich and happy is human nature, fear and greed.
    Take yourself, you are rich and happy. You are rich and happy aren't you? How did you learn?
    No books? No courses? How did you learn about the financial markets?
     
    #11     Jun 24, 2022
    Keith Styles and murray t turtle like this.
  2. I learned...by my own personal observation, a lot of observation. And questioning, a lot of questioning.

    Books and courses are a joke, as I've said. If I had been a brain dead student....and bought every f'n trading book and course presented in front of me....I would have quit and gave up trading a long time ago after quickly suffering account losses.

    I wish I could be much more specific, but I can't.
    In a daily/intraday S&P trading competition against anyone...I'm confident I would win over the course of a week/month/year trial.
    Specially with the use of options,
     
    #12     Jun 24, 2022
  3. deaddog

    deaddog

    How did you get started? I never even thought of the markets until I was in my 30s
     
    #13     Jun 24, 2022
  4. You can call it....Divine, intervention. My destiny. I truly feel....I am doing what I am supposed to be doing in this life and world.
    Making me become a Nurse, or Manager or Detective or anything else....would be like trying to put a golf ball into a square hole.

    My name is Larry. There is a Larry Wildman in Wall Street. There is a Larry Garfield in Other People's Money. There is a Lawrence in the movie The Big Short. And many other moments in my life....just felt like a divine sign, a positive/glowing energy. I can list quite a few circumstances, incidents, moments, coincidences.
    The Housing boom, and market crash, was my Big Bang universal moment. I was in the eye of that storm in more ways than one. It practically spoke to me to discover this market.
    I took up bodybuilding in the mid-90's....I got huge, just like the dot com market. And right around the bust of 2000, I also stopped working out and got small/normal again.
    I had jury duty in Jan 2020....one of the jurors sitting next to me had this terrible hacking cough...and two months later.....Boom, Coronavirus in full effect. Masks Galore.

    I've always been kind of metaphysical and spiritual...not necessarily purely religious...but someone who seeks a greater energy out there and signs.
    I'm ranting and probably sound weird and coocoo to people, a bit now.
     
    #14     Jun 24, 2022
    SimpleMeLike likes this.
  5. %%
    MAGICAL INDICATORS??
    YOU must be on to something; i've never seen any magical indicators books. Seminars + courses always seemed overpriced, but i like to read so never saw a need to overspend that way.
    Sounds like you dont like books much; or got burned on some ''magic indicators:caution::caution:'' I think capital markets work well but i sure don't expect ''everyone to be rich + happy''
     
    #15     Jun 24, 2022
  6. If I randomly started selling trading books and courses......would you instantly High-Five me....Praise me....and buy all of my product offerings.
    Or would you call me a cheesy ass, fake ass, tacky ass, 2 bit salesman?

    Something either works. Or it doesn't. And let's be honest, everything out there is crap. Complete, watery, crap. Crap through a straw.
    If it worked, truly worked, everyone on this planet would be printing money out of their butts while shopping for new Rolexes, Louis Vuittons, Homes, exotic sports cars, -- because hey...they have an ATM machine. Right.
    Make a million dollar turtle.
     
    Last edited: Jun 24, 2022
    #16     Jun 24, 2022
    murray t turtle likes this.
  7. %%
    OK;
    trick question with the 'random selling books'LOL:D:D
    Good thing for me i never bought that Random Walk nonsense book.
     
    #17     Jun 24, 2022
  8. deaddog

    deaddog

    If it worked we'd all be rich. I don't know how many times I've heard that. The thing is I've rarely heard it from a successful trader.

    Those that manage to make a living or increase their liquid net worth have usually found something that did work. I'm where I'm at today because of what I have read. Learning from other peoples mistakes speeds up the process.

    Take what you know now. See if you can't find it in someone's book.
     
    #18     Jun 24, 2022
  9. %%
    I returned one trading book for a refund, too much nonsense in it ;
    i found something useful in all the others.
    As far as his 2 bit[$00.50] comment i aim for more than that; but to each his own + market makers/specialist do well on less than that.........................................................................................................Interesting where the word ''buck'' comes from [aka us dollar also]; early US traders traded with buckskins[deerskins]:caution::caution::caution::caution::caution::caution:,:caution::caution::caution::caution:
     
    #19     Jun 24, 2022
  10. Hello MacBookProHo,

    I will keep it short for you on what you are trying to say.

    Any one charging money to teach someone how trade and make money consistently is Liar and Conman.

    If I knew how to make money trading consistently, I would be stupid to teach someone else for a cost how to make money trading consistently.

    The End.
     
    #20     Jun 24, 2022
    MACD, L943973 and MacBookProHo like this.