Why you struggle if you have 99.99% chances you won't even make a living by trading?

Discussion in 'Psychology' started by crgarcia, Mar 16, 2009.

  1. So why struggle ?
    Good Question.

    In the struggle one finds out things about herself/himself that one never knew before hand.

    Some are better strugglers than others...

    out of choas comes order and it cyles back again...

    such is the process of life..(and death) to new and old ways.

    Embrace it and it changes you...to not embrace it means you will never know what could have been..

    good Struggles everyone

    Best
    John
     
    #31     Mar 19, 2009
  2. dont forget there are many who think after say 3-4 years of making money from the mkts, that they are now successful traders, but no one can beat the mkt and eventually one day THEY will take you down. might be 5 might be 10, but they will GET YOU. in the mkts you are forever chasing your own tail, never escaping the downward flow

    the smartest guys are the ones who have made their dough , leave the CASINO permanently and dont even fucking look back.
     
    #32     Mar 19, 2009
  3. true. but man's greed is infinite, you always want more and will never be satisfied...and one day, they get you BIG TIME.

    best thing is make your money and leave
     
    #33     Mar 19, 2009
  4. This 99 % stat is distributed amongst the trader community for the following reasons.

    1. Those who are in the 1% (fictitious or otherwise) want to be recognized for it thus creating an ego stroke.

    2.Snake oil peddlars want you to beleive you have little or no chance without them. That if you pay them, you will be the exception to the rule.

    3.Many just want to spread poison to bring others down (sour grapes) They hate to see others succeed. Our moral fiber is polluted by pessimism.

    No such statistic even exists in the first place, trading is just like any other business. Hard work, sacrifice,persistancy, pay off eventually.

    Oh yea, ya need a brain too.
     
    #34     Mar 19, 2009
  5. lol he is the first on my ig list. If he's not a trader then he's a troll posting 3x a day for the past 2 years= 3 less worthless babble posts / day to pass up.
     
    #35     Mar 19, 2009
  6. I think its possible if you have a mentor helping you trade. The problem is that there are not any real good books or schools for trading like there are for lawyers and doctors.

    Also, many people who buy stocks, trade, or whatever do it based on feelings rather than science. For example, Cramer tells them to buy a stock even though his win ratio is 50% or less, so they buy the stock.

     
    #36     Mar 19, 2009
  7. Because we are humans, we have dreams, sometimes if it is too much of dream, other people say it is day dreaming:)

    Actually I applaud for all those who have really tried. Life would be too fucking boring without taking risks.
     
    #37     Mar 19, 2009
  8. Again, in other endeavors, the other 80% are at least making a modest living.
     
    #38     Mar 20, 2009
  9. This skills will not make a daytrader profitable.

    A simple 15 minute math/satistics analysis will tell you that you have the odds against you.
     
    #39     Mar 20, 2009
  10. i1lsia

    i1lsia

    bcuz gambling is fun amirite?
     
    #40     Mar 20, 2009