Why do newbies lose?

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

  1. Overnight

    Overnight

    Well, one thing is for sure, and that is that Ninza.co is no longer a newbie to the existential interlude that is ET when it comes to starting a thread outside of sponsorship purposes.

    Bet most posters in this thread forgot who started it, haha.
     
    #241     Sep 19, 2023
    ironchef likes this.
  2. Darc

    Darc

    Question please:

    Did your Ex-GF have no Teeth, Boils, Sores and reek from 30 feet away like SML's Crack-whore Ex-GF?
     
    #242     Sep 19, 2023
  3. savoir

    savoir

    I’ll wait until he gets to 100 ES contracts by end of 2024. Personally I would want to stay under the radar of 13F requirements but the greedy bastard probably will not.
     
    #243     Sep 19, 2023
  4. Hello deaddog,

    I do not watch trading teaching videos or read trading books and I never ever will. Unless the person in the video or author of book provides me proof of trading +100 ES contracts for +1 years.

    I already watch trading training videos on how to trade the ES market and the person in the video teaching was good enough for me.

    Continuing trading education is overrated and causes set backs. My brain does not like Trading theories anymore. Trading theory is a lie unless proven otherwise.

    Me clicking buy and sell button +50 times a day is my only needed teacher.
     
    #244     Sep 19, 2023
  5. deaddog

    deaddog

    That's cool. It's not a teaching video. it's a book review of what a famous trader went through. Kind of like yourself. The first thing he learned was how to lose. That's a skill you seemed to have mastered. Now the next step is how to win. Good luck!!
     
    #245     Sep 19, 2023
    taowave and semperfrosty like this.
  6. Sprout

    Sprout

    Your examples are ironic, they are all avid readers.

    Bill Gates went to Harvard, while an infamous dropout, he currently reads about 50 books/yr.

    Steve Jobs went to Reed and also well read, mostly spiritual books.

    Musk claims to read 100+ books/yr.

    Jim Simmons got degrees from MIT and Berkeley - hard to imagine getting degrees without reading books.

    Kinda sounds like your parents might be in Academia.

    I get it. You want to re-invent the wheel.
     
    #246     Sep 19, 2023
  7. Good Evening Sprout,

    Good for them. I don't belive in reading trading books and I never will. I personally don't need trading books in my trading.

    And I have not read a book since college and I never will again. I only needed to read those books to pass exams and make money after graduation.

    I only read the ES price charts.

    Thank you
     
    Last edited: Sep 19, 2023
    #247     Sep 19, 2023
  8. Sprout

    Sprout

    The one you are gonna write about “How to get rich quick by trading 100 ES Contracts, in your spare time, pushing buttons.”


    Kidding aside, I have no idea what would provide value for you.

    Probably more on the mindset side of the equation rather than technical. Maybe the Stoics or auto/biographies of those you consider role models. You seem to come across as someone who would appreciate Marcus Aurelius, Seneca or a primer by Ryan Holiday. Audio books might be the way.
     
    #248     Sep 19, 2023
    SimpleMeLike likes this.
  9. Cabin111

    Cabin111

    "I already watch trading training videos on how to trade the ES market and the person in the video teaching was good enough for me."

    Wow...I mean WOW!!

    At least read about the 1987 stock market crash. Read about the 2000/2001 dot.com bubble. Read about the 2008 financial crisis. That is history dude...You can learn from history can't you?? You could even look them up on Wikipedia...Very little reading.

    You are a market maker's dream come true...

     
    #249     Sep 19, 2023
    SimpleMeLike likes this.
  10. Good Evening Sprout,

    Why do I need to listen to audio books of Marcus Aurelius, Seneca or a primer by Ryan Holiday? Who are these people? And are they trading 50-100 ES contracts?

    Starring at the ES charts every day and clicking Buy or Sell button at +100ES contracts is all the value I need.

    Another value option is watching +300 Real Time trades of someone or something trading 50-100ES contracts.

    Until then, I do it myself and show everyone as I said above.
     
    #250     Sep 19, 2023