WE are the 95%!

Getting a Higher Education increased knowledge. Those guys broke LTCM , lehman, RBS and others are perhaps working another firms. That is what Higher Education can do. When 1 firm goes down, they have an excellent resume to work for another and on and on and on; something small traders cant do. Each different firm they work for increased knowledge and gain network/ make new important friends. That is what Higher Education can do.

By the way, it is math and computer science degrees and not MBA will land a trading job in the house. They are called quantitative trader. Only salesman get an MBA degree. They are called broker.


More than 90% of small traders lose. They just lose!

 

I see.

So what you're actually saying is that even if you're a poor trader, with the right degrees you can tout yourself around the big banks and some of them will be impressed with the fancy qualifications on your CV. Yes, I agree with that

But what you're forgetting is that a small trader can develop a real edge which is unrelated to what degrees he/she may have.

 

Perhaps that small successful traders were a former lehman quantitative trader and a MIT grad. Don't u think so?

 

MIT grad, yes, why not.

Lehman quant trader? The point is those strategies can usually only be applied by institutions, and ultimately they did not work out (for Lehman anyway).

 

You keep moaning sweet nothings like that and I'll plug every orifice you got, including your EYE.

 

Don't forget small traders! Higher education is the key to become a successful professional trader.

Don't be lazy and go back to school

 

when in school, staying above 3.5 gpa is hard work. That is the definition of hard work.

 

I don't think 95% is how many fail. Many publications have shown it to be over 50% who win.

Also, technical indicators are a good way to fall back on trading if your system fails.

Don't buy systems. Everyone knows they have a certain life, and the fact that people are buying them means the edge shrinks for every person who trades on it.

 

Correction, your a loser. Don't you think 95% of wannabe lawyers and doctors fail? If its worth doing tons of people will fail and the few who want it bad enough won't.

 

The question is, why can't emg spell while pretending to know so much about so many things?

I-N-T-E-L-L-I-G-E-N-C-E