I feel you. Thank you for helping me understand where you are comming from. ___ There are a number of threads looking to isolate winning traders, full time traders, stock traders... the latest from rin4et. In these threads, I think, there are sincere posters and knowledge seekers. As well as, I think, a fair number of insincere, not trying to understand, or simply jackass people.
sure, if you really interested, in my earlier posts i devoted a lot of time to specifically this issue until i realized: those who capable to make it happen really do not need it, to those who are not capable it will not be helpful anyway
frankly I was always skeptical of those attempts for the reasons explained above its a natural thing for people to learn from the experience of previous generations or the previous achievers.. in trading not much can be learned beyond common knowledge... after that we are on our own, and the sooner the wannabe-trader stops going over books and somebody's trading systems and the earlier he starts develop something on his own - the better for him
There is much truth in the "Winners find a way to win and losers find a way to lose" philosophy. ___ I now understand you were not knocking the idea that smart people often try to isolate who the winners are and learn from them. Sometimes even a subtle shift in ones views can make a huge difference. ____ Absolutely I will check out your past posts. Thank you for the suggestion!
So true and wise you are. I trained as a child in judo. Best thing ever for a kid to learn. It trains the mind/body's balance to be like a cat. Very useful on slippery ice.
for the subtle shift that can make huge difference in views one does not need only winners, losers also will do while back i was in touch with one trader from the Winnipeg, Canada he was trading while unemployed and was always buying and selling on the previous day lows and highs i kind of decided that the guys does not know what he was doing, and he did not (as soon as he found the job he stopped trading) but my interaction with him made me look more deeply into the support/resistance issue and i made many discoveries after that which i incorporated in the method even on ET many people (even some newbies) try many different things, discovering something about the markets that I may have missed i listen to them all - in the pile of crap sometimes there are interesting ideas
You forgot the 'for me.' Older traders generously sharing their wisdom are here and they have transformed lives. It's all signal to noise. Focus and concentrate on the material that you resonate with.
How can you perceive them, if you don't believe they exist? Or open to the possibility that there's a bigger world out there than you can imagine.
Trading for a living is not difficult when your capital is huge. If your annual expense is $50k and your capital is $2m, you only need to generate returns of 2.5% to earn a living. Even a mediocre can do that. If your capital is small, suck it up and continue to work hard at your job or whatever you are doing to earn a living until you have accumulated a sizable capital. Please don't be a failed speculator and end up becoming a parasite to society by feeding onto the welfare provided by government or family later. Most important question to ask ... are you trading for a living because you hate your job or love trading? If you don't love trading and only love the money, please don't do trading full-time because you have a high chance of becoming a social parasite later. I know of a successful full-time trader/investor who quit his job. He works longer hours today than when he had a job. Salary workers, however much they complain about the job, usually enjoy shorter working hours than successful self-employed traders/investors or entrepreneurs.