Can you become Warren Buffet while daytrading. No, of course not. Get over it. Can you make more than most other professions while in the comfort of your home while spending time with loved ones and those that matter? Yes, and it's not that hard.
No, very sane actually; not that matters. Check me posts, I couldn't care less if anyone knew how much I made or lost. "Sounded pissed", too funny! Talk about defensive. If something bothers you so much or that's your focus, that should tell you something right there.
<i>"The general air of someone who is wealthy generally tends to be more secretive, evasive of their dealings or identity. That is one reason they seek asset protection, liability protection, identity protection, etc."</i> Too bad that class doesn't include you. But, if you ever learn the basics of technical analysis chart trading, there's still hope for you yet ES trades today were short 1350 = out 1340, short 1340 = out 1337, long 1340 = out 1342 Done until 2pm est. Have fun wasting your time in here denigrating technical analysis. I'm off to spend my midday playing
Only 5% (or whatever) of day traders make money in the long run, the boasting comes from swelled heads who have made a large but lucky short term gain. Eventually these traders will get humbled by the Market and you wont hear from them again. It will never be any other way.. Human nature never changes. And newbies wont stop becoming ecstatic after a big winning day..
<i>Only 5% (or whatever) of <b>entreprenuers</b> make money in the long run, the boasting comes from swelled heads who have made a large but lucky short term gain. Eventually these <b>entreprenuers</b> will get humbled by the <b>world</b> and you wont hear from them again. It will never be any other way.. Human nature never changes.</i> Now your statement reads correctly
^^yes, i have no respect for liars-traders like YOU! does that tell you something right there? is it clear enough? lolz.
This has been said before (by me) but I don't mind repeating myself on this subject. This is a site inhabited by newbies, some of whom don't have the skills or the aptitude for this profession. They lie because they cannot face the truth. They want a fantasy world where they are successful and make money. In some instances this is the only place where they can pretend to be that person.... So do the intelligent thing OP, and think like an adult...check out the posts carefully, use the search function and get what you need from the archives. If someone makes a statement that you think is wrong, check it out carefully, think critically about it and come to your own conclusions. Remember that for some, this is the ONLY place they can obtain the success they so dearly want. That is why they hold on so hard to their fantasies. An excellent example is Marketsurfer's thread. There are many others....Enjoy it for what it is worth...entertainment.... Good luck Steve
In retail sector only one operator from 20000- 50000 expected to make 2-5 mln $ in 10 years from trading . This must have some folloving bio - won multiple public trader 2-3 month contest's ,one with price 100 000-150000 $ (exist in Germany in USA) against approx 15000-20000 competitors . After that decreased rsik (divide accounts,market &) and in 10 years performed from 100k$ average 50% per year Not to pay tax in this case ,must have residency in Monaco . 95-98% through years would lose 1-3% would have limited won !Not forget that 90 % of funds make some 4% per years (but CEO received until 350 mln $ per year) Foreign money ... Operators as M.Schwartz, M.Minervini,J.Simonis ,M.D.Cook only 10-20 on 100 mln operators . Best wish ....