Why do newbies lose?

Discussion in 'Trading' started by ninZa.co, Sep 15, 2023.

  1. destriero

    destriero

    My introduction to trading was through an old girlfriend whom I found was dealing kilos of black tar heroin via contacts made while teaching Sunday School for LDS kids. One day we flew to meet her supplier in Bogota who was a 100-lot ES daytrader. It amazed me how someone could trade 100-lots at a time!

    That was all that I needed to know...
     
    #221     Sep 19, 2023
    Georpe, Sprout, hilmy83 and 3 others like this.
  2. Darc

    Darc

    So that's the secret to your Success hey - the ole Harry!

    That's why I can't understand your Trading posts :(
     
    #222     Sep 19, 2023
    destriero likes this.
  3. Shall we say Jan 2nd 2024?

    Will be a nice start to the new year.

    Sort of like a spring cleaning,where we rid ourselves of things that are of no value?
     
    #223     Sep 19, 2023
    SimpleMeLike likes this.
  4. Good Evening tiddlywinks,

    You seem to confuse me. I never said I would not hear or consider outside input. I welcome all input, based on what it is.

    I have received some AWESOME help from some ET members. For certainty on that. Some of the help has help my trading in somewhat. But the help I like is help. I do not like bullshitting help and messing around help. For example, reading trading books, trading journals, trading psychology, or all that stuff.

    And some of the help I am experienced to know is a Lie and I ignore it.

    If you tell me read trading book, you not on the same level of trading mentally with me.

    I think I am just a more advance trader now, and some other traders are simply not there yet. They still in lie zone from the Trading Sellers.
     
    #224     Sep 19, 2023
  5. taowave

    taowave

    Do I seem like a guy who would get butt hurt because someone rejected a book suggestion:)

    99 percent probability he keeps on tripping on his own pecker if he doesn't "expand" his mind..

    Self Reliance?????

    Is trading the only profession in the world where one doesnt need to read a book or seek "knowledge"??

     
    #225     Sep 19, 2023
  6. Good Evening semperfrosty,

    December 31 sounds better.
     
    #226     Sep 19, 2023
  7. Good Evening taowave,

    A real trader does not read trading books sir. I am not sure why you having a hard time understanding this. Why in the world would someone read a trading book for? The author is Scammer and Liar and Con Man waiting your time and energy and money.

    I am not sure why you are struggling to understand this for. Reading trading books is Scam.

    Did Bill Gates read a book to start Microsoft? How about Steve Jobs with Apple, did he read a book? Elon Musk?

    You think Jim Simmons read books on trading. Come on man, I should not have to explain this to you. Think a bit different then norm.

    How will you get to +500 ES contracts reading a book? You will not, what you need is independence of critical thinking and problem solving or a team of VERY smart ES traders in a room. Permanent corrective action to root cause problems. ES Problem Solvers and ES Solution Based Traders.

    Tap Root Engineering skills, not reading no damn stupid ass trading book.

    I am Not reading no damn book about trading. I am ES Engineer Trader. Engineers do not read books, we are the book. We define our own books.
     
    Last edited: Sep 19, 2023
    #227     Sep 19, 2023
  8. Overnight

    Overnight

    Except..........He was quoting what SML typed, just without the quotes.
     
    #228     Sep 19, 2023
  9. Darc

    Darc

    Sort of. SML's GF was a Cocaine Crack Whore. Dest's was Heroin junkie.


    Dest's fake story was funnier than SML's usual BS.
     
    #229     Sep 19, 2023
  10. taowave

    taowave

    Who said it had to be a trading book?? Why not Probability and Stats??

    What's your programming background??

    What do you know about real traders and how do you know??

    How do you know Real traders don't read books on trading??

    Are you saying derivative traders have never read Hull or any other book...

    Here is your problem..You are a gambler without edge...




     
    #230     Sep 19, 2023
    ironchef and SunTrader like this.