I didn't mention experience. I was more referring to effort,research and due diligence. The effort,research and due diligence I refer to,serve to offset the emotional aspect. You have no way of gauging my success so I recognise your statement for what it is-a thinly veiled attempt to garner information. I don't mind sharing with you that,although I am a net positive trader and investor,I have never been able to make the transition to full time trading from a regular income job. Again,I am surprised at our interaction on this occasion.You are either being intentionally obtuse or I have overestimated you from your previous offerings.
Considering the fact that you have expenses, pay taxes on your profits and that you actually are providing a service I don't see why trading should not be considered a business. Sure, the futures market would not cease to function if an individual trader stops trading. Just like the corporate world would not cease to function if an individual employee stops working. But the sum of the actions of all individual traders is providing liquidity to the markets effectively making them function better. Of course, for most individual traders and I'm sure quite a few participating here it's a bad business model. But that's besides the point.
You suffer the opposite (therefore the same) issue as does SML. SML is stuck, in that he will not consume, or even consider outside input... it's all invalid! You are stuck, in that you will consume, or at least hear-out outside input, because you can't lose... you have your credentialed and supposedly well-formed arguments. Flash... If you think trading as a business is like a video game, then for you, it is. You'd love to hear my views? No you don't. NEXT!
Sorry about that. Obtuse, probably but not intentionally. I'm not sure what information I would garner or how I would use it, but I assure you thats not my intention. Just responding to your post.
Good Evening Overnight, I am working on it buddy! I will let you know, and I will post on the thread.
And you're not talking about putting on a trade with 100 ES lots right. That's like 50k margin. We want to see like a solid 3 months of trading 100 lots successfully, not proving you just have 50k trading account and putting on 100 contracts and start screaming "TOLD YOU SO!".
True about more professionals & profitable traders a few years back. I noticed a few good new ones around when I paid attention to what they posted. After being here a while, I am street smart. They are out there but they would be crazy to share their brokerage statement on ET.
So you can’t answer the questions. No need to deflect or get upset. I didn’t get much from your interjection of tax code definitions, which I’m very well aware of, into my exchange with the stock trading businessman. But I’m sure you meant well. I expressed my view that trading is a game. I have my reasons and I revealed a few. If you don’t like my view, you are free to reject it. I like SimpleMeLike and see where he is and where he is coming from. I have no problem that you lump us together. I agree 100% with the sentiment he expresses.