why Wall Street traders win and you don't

Discussion in 'Trading' started by garfangle, Dec 20, 2010.

  1. Well, when you trade OPM, take your piece of the action win or lose, and have Uncle Sugar to backstop all your blow ups...what's not to like?
     
    #41     Dec 21, 2010
  2. Shagi

    Shagi

     
    #42     Dec 21, 2010
  3. #5 is the most important one on the list. The guys who work on Wall Street usually have degrees from big name colleges and aggressive personalities. If they fail on Wall Street, then they will get a job somewhere else. If the retail trader fails, they fail and you won't be able to explain that easily.
     
    #43     Dec 21, 2010
  4. Are you copy this from any trading book out ? :D

    Summary - No edge No Money, even if you find an edge, it will erose really fast (your broker will steal from you, "someone" will hack your account or learn from you when you put your position on the market..). :D
     
    #44     Dec 21, 2010
  5. Bob111

    Bob111

    have a proof? i do..but my expirience is opposite
     
    #45     Dec 21, 2010
  6. You already have my IP address and hack into my system ? :eek:
     
    #46     Dec 21, 2010
  7. Bob111

    Bob111

    i think you should see a doctor..i have no interest in you and your "system"
     
    #47     Dec 21, 2010
  8. Yea thats a pretty good summary.
     
    #48     Dec 21, 2010
  9. So now you are not a trader but a doctor ? :eek:
     
    #49     Dec 21, 2010
  10. The question is - how you know their direction and ride on them ? :D
     
    #50     Dec 21, 2010