Why do 5% of Traders Win?

Discussion in 'Psychology' started by oldtime, Feb 18, 2012.

  1. Lucias

    Lucias

    This is the ridiculousness.. she claims to be pulling out 90% returns of the notional unleveraged value of the contract.

    I'd like to see anyone make 100% returns unleveraged.

    A more realistic highwater mark would be 20% to 30% on the notional that's 20k or 30k and could be possible starting with 10k.
     
    #301     Feb 24, 2012
  2. cornix

    cornix

    Who defines what is realistic or not? :)
     
    #302     Feb 24, 2012
  3. Lucias, why not get your friends to write in and vouch for you. Using logic like yours - you don't exist either because we haven't met you. So far NoDoji wins the reality contest hands down.

    Do you realize what top-earning traders think when you post something like "I can predict the future". I caution you it is not good.

    I have no idea who NoDoji is, but the things that NoDOji writes convinces me of her abilities.

    I wonder what Dr. Steenbarger would say of your comments. You appear to have a good mind, why not apply it.
     
    #303     Feb 24, 2012
  4. Redneck

    Redneck


    It encapsulates everything I need, or want -to know about him


    RN
     
    #304     Feb 24, 2012
  5. ssrrkk

    ssrrkk

    Since you appear to be an authority on this subject, I am not sure whether to believe you or not.
     
    #305     Feb 24, 2012
  6. That's like telling me I can only pull $2/day trading my mini gold contract. You don't know what your talking about. I'm averaging $15. That's $300/mnth. More than 200% annualized. And I've only been doing this since about last April. NoD has been at it a few years.

    The value of her account isn't really relevant. I can trade my gold with $100. So what's that? A return of more than 3500%?
     
    #306     Feb 24, 2012
  7. emg

    emg

    No wonder more than 90% of small traders lose:



    http://www.elitetrader.com/vb/showthread.php?threadid=237412





    Small traders lose because:

    1) Under Capitalized
    2) Low Educated




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





    Also, they pretend to be HOT SHOT


     
    #307     Feb 24, 2012
  8. emg

    emg

    If u want to play this game and win, don't become a small trader. Small trader catagory is a losing game. u begin as a small trader, u will lose as a small trader and the game is over



     
    #308     Feb 24, 2012
  9. I usually dont write alot here on ET ... I just can confirm what cornixforex already said about NoDoji. She is the real deal. She collects her ticks, day in, day out. But only because she can do it, this does not mean everybody can do it. Not everybody can be CEO of IBM. Not everybody can win the Formula 1 GP. It is possible. But it is ALOT of hard work. And maybe even more ...

    And if you are struggling ... dont allow yourself to become a negative person, doubting and questioning everything other people achieve. Try to give your best. And maybe ask for some help. There are some very kind and gentle people around here. And NoD is a prime example for this.

    Have a great weekend all !
     
    #309     Feb 24, 2012
  10. emg

    emg

    #310     Feb 24, 2012