Hello LionsWarthogsMillions, Larry Williams gambled VERY good in 1 year. That is all he needed. Now he is rich from that 1 gamble. A drug dealer only needs to get rich 1 time with the right drug supplier and QUIT the game. A day trader only needs to get rich 1 time, with the right few lucky trades and QUIT the game. Its all about gambling. Those traders seeking edge, will be poor, without gambling.
i think after reading most the treads for the past two weeks i have come to the conclusion that the reason traders fail is because there are hardly any traders on this forum they are all arm chair gambling investor types.
Good Evening MarkBrown, You are CORRECT. There are no hardcore ES Futures Traders on this site that is serious about winning everyday of the year and getting rich in less than a year. FAR tooo many Pie in the Sky Theory Trading ET members.
Larry Williams lost most of the Money he made in 1987 during 1988. I don't think you know chit about successful trading and Traders. You've said it yourself you aren't prepared to learn.
Step up, SimpleMeLike ....and Become that Shining Star ES Master Trader God destined for you to become. Millions of Dollas. Millions of Dollas. Make it Rain up in here, Up in here,.,.,. That's right, That's right .,
Hello DarkerthanDarc, It does not matter of Larry Williams lost most the money he made in 1987, who cares? He made millions trading. Who cares what happens after that.
We're just correcting all the incorrect statements you make, incorrect statements made due your unwillingness to learn.
Yes, that is the real reason nearly all traders fail, because no one can predict the future with even 65% accuracy using a 1:1 bet over the long run and gets lots of those bets. Maybe some can do it 10 times a year, but 100+ times a year is not possible, just too much noise in the market. But if we could all do that, trading would be so easy and an almost constant feast, instead we have to go through feasts and famines of indeterminate length.