Why do traders fail?

Discussion in 'Trading' started by market-boss, Mar 21, 2019.

  1. Overnight

    Overnight

    BULLSHIT! All the homework in the world will not save you from a shock event! Do you actually trade? The frak!
     
    #71     Mar 24, 2019
  2. padutrader

    padutrader

    broker scams are relatively rare.......if the broker is regulated by major regulators like USA or England. the advantage nowadays is that you can choose a broker regulated in any country of your choice....
     
    #72     Mar 24, 2019
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  3. padutrader

    padutrader

    shock event by definition are rare...
    and if you do your home work it will save you from even a shock event.
    when 9/11 happened i had stock of Dr Reddy labs,a Indian company.
    all markets in the world fell 30%to 70%.....Dr Reddy laboratories fell 2 %
     
    #73     Mar 24, 2019
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  4. ironchef

    ironchef

    With insights like that, you should be printing money. :thumbsup::thumbsup::thumbsup:
     
    #74     Mar 24, 2019
  5. why would he play such a sadistic game. no matter if you get it right he will kill you. cos only a psycho would point a gun and enjoy the trader squirming in his seat for next 30 mins.
     
    #75     Mar 24, 2019
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  6. padutrader

    padutrader

    i did do well holding long term
     
    #76     Mar 24, 2019
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  7. schweiz

    schweiz

    Your hypothetical question requires a hypothetical answer: what if I could take the gun and shoot him/her/it?

    I only trade when I have a signal generated by my "system". And I never heard of anybody who was forced to take a trade as somebody was pointing at him with a gun. Questions should be realistic if not it is a waste of time as you try to solve a problem that will never exist. It is already difficult enough for 99% to struggle the real problems, they don't need extra ones.
     
    #77     Mar 25, 2019
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  8. padutrader

    padutrader

    THE QUESTION WAS:Which direction would you pick and why? Long or short?
     
    #78     Mar 25, 2019
  9. schweiz

    schweiz

    You clearly don't understand my answer.

    He might as well use an other argument instead of a gun pointed at you, like these:
    • if it would be freezing
    • if your father in law was home
    • if Trump was tweeting
    • if you drive a BMW
    • if you have grey hair
    • if you are 27
    • etc...
    The gun argument is completely irrelevant as it has nothing to do with real trading. If it would be part of your trading you should review your system.

    My answer would be: I only follow my signals, so none of the indicators there were posted and a gun pointing at me is also no part of my system.

    The only people who can respond correctly are those who use a 5 min chart with a 20 ema and a 89 sma, and only trade when a gun is pointed at them. Because that were the conditions. Under these conditions both, long ans short can be profitable.I don't know anynobody who fulfills all these condtions.

    With a 20 ema and a 89 sma both, long and short can be profitable.
     
    #79     Mar 25, 2019
  10. TommyR

    TommyR

    they don't its a dramtically over emphasized hoax by failures and brokers. as usual they are looking for money by illegal methods since they are personally incompetent and worthless. brokers of course justify their crookedness saying it's dangerous. on the other side there is buffett who thinks you are all indiots but i would ask how exactly is it difficult to lose more than 5% buying and selling randomly, are spreads so high, did u not advocate doing nothing unless you are allowing very strange rules on logS=lamda/ds where lambda is leverage. so i would not be particularly scared about losing your house if u exchange some dollars for something else and back again its not really very alarming. do it.
     
    #80     Mar 25, 2019