banks being jpm and gs,to just name 2 , do pretty well hersh, agree that market basics don't change much
you are right. I am far behind. too lazy to finish the puzzle. other things in life take precedence right now... if banks take little as you say, who is the generous donor ? There is only limited amount available for taking.
Fees and commissions. What would the growth of the global econometrics be like if banks practiced integrity. The FI industry knows the government cannot keep up with proper regulation. Banks take advantage. Bankers are "loaned" to gorernment to mess it up. Imagine any other industry using multiple insurance on one entity. Imagine creating insurance for faulty products. It will take us years and years to get out of this Depression. Read this weeks Bloomberg/BusinessWeek.
This is a great point and well put. I particularly like what you said about how playing a round of gold doesn't make you a golfer. I know this from personal experience.
Why focus on the process that causes an undesired rezult? I'll tell you one secret to trading success: Be greedy when others are fearful and fearful when others are greedy. :eek:
Bulls make money, bears make money, pigs get slaughtered. In other words, most traders do not fail. Those who fail are traders-wannabe, who do not go through any training, trials or experience of trading and they just start trading and speculating by opening an account with some money and then hoping that they will be successful. Wishful thinking indeed.