Trading Is The Slowest Route To Victory

Discussion in 'Professional Trading' started by stockstalkerv3, Mar 16, 2011.

  1. REal life facts:
    ------------------

    --------------
    | Business |
    --------------

    Amazon: 5 years => Millions.
    Coolweb: 10 years => +2 Millions.

    -----------
    | Stocks |
    -----------

    Neke: 10 years => $800K.

    ---------------------
    | Medical School |
    ---------------------

    Some guy: $180K debt/4 yrs + $50K/yr x 3 yr residency + $150K/y x 3 yrs post residency = $420K/first 10 years.

    ------------------------------------------------

    Business: 1
    Stocks: 0
    Medical school: -1
     
  2. 2nd Decade
    ---------------


    ---------------
    | Business |
    ---------------

    Coolweb(1): Start another one. Ten years later: +$2Millions.
    Coolweb(2): Takes some capital from first decade: Starts 20 businesses, two succeed: +$4Millions. (Cost of starting a business = $10K = negligible).
    EBay owner: Starts Kijiji: $Millions.

    ------------
    | Stocks |
    ------------

    Neke: Assuming averages $150k/yr over the next 10 years (first decade average was $80k/yr): $+1.5Millions.

    ----------------------
    | Medical School |
    ----------------------

    $180k/yr x 10 yrs = $1.8Millions.


    -----------------------------------------------

    Conclusion (2nd decade):

    Business: 1
    Stocks: -1
    Medical school: 0
     
  3. Broker +10
     
  4. Probably a fair point, but not the best examples.
     

  5. How were the results in Feb, 2011?
     
  6. Trading is the route to absolute victory, winning!

    <iframe title="YouTube video player" width="640" height="390" src="http://www.youtube.com/embed/9QS0q3mGPGg" frameborder="0" allowfullscreen></iframe>
     
  7. dcvtss

    dcvtss



    Not dealing with customers: priceless
     
  8. Business owners don't deal with customers. That's the reason why they hire managers.


    -------------------------

    ---------------
    | Business |
    ---------------

    Go on vacation any time you want for how many days a year you want. Tell the manager to take care of things for a few weeks.

    Suddenly take off on short notice == bonus.

    ------------
    | Stocks |
    ------------

    Your "statistical" edge does not allow you a single day off.

    ----------------------
    | Medical School |
    ----------------------

    Lol, go on vacation 2-4 weeks/year.
    Must give weeks notice in advance.


    ------------------------------

    Business: 1
    Stocks: -1
    Medicial school: 0
     
  9. This is a pointless comparison. You can cherry pick whatever story you want to tell. What are the odds of founding a company like Amazon? What are the odds of being a successful doctor? An independent trader? A hedge fund manager? A principal at a prop firm? This is stupid.
     
  10. Another failed trader post. Ho hum.

    *Kanye West shrugs*
     
    #10     Mar 17, 2011