mallee, Contrary to popular belief or opinion on here, I only have one main goal/interest for having a presence here.... and it's not just to stir up trouble. Although sometimes stirring the pot CAN BE fun. If someone calls me strange, I see that as ...

The brutal truth of day trading

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The brutal truth of day trading

Here's the difference ryu ... While all the selfish scabs (presumably people like you and others) are floating around online trying to leech whatever little "information nuggets" you can find, others have figured out that if your brain doesn't work ...

The brutal truth of day trading

The interesting idea that most people seem to forget, or ignore, is that the rules are the same for all of us. When people are trying to learn something new, they need to decide if they are just trying to imitate or copy what others do, or are they ...

Objective Thinking And Trading

The only people who would smear their thinking with your way of seeing things, are those who WOULD be laughing at me. The funny thing is, as I've said many times before, what I say towards you is through you. It's not 'to you' or 'for you'. It's to ...

The brutal truth of day trading

Rick, To be perfectly frank with you here, I wouldn't waste a bucket of piss on people like you. The docile fools who think like you is why so many "follow" and can't think for themself. So stop embarrassing yourself. Peter

The brutal truth of day trading

A basic truth about day trading and any other activity - the rules are the same for all of us, but some people see the whole situation just enough, so they can learn how to do things better and with more maturity and intelligence. But at the heart ...

The brutal truth of day trading

Let's try this another way.... If you have some knowledge to the value of X and this represents 10%. Then the basic conclusion is that you possess 90% ignorance. And so, if what you think you know is 'worth' 90% knowledge, how do you qualify and ...

The brutal truth of day trading

Yes you're right, of course you are. I always generate profits on a long position when the market is going down down down. How silly of me. Oh, but why doesn't that sound familiar? Oh yes ---- because it DOESN'T happen that way. WOW ! I believe the ...

The brutal truth of day trading

If someone wants to learn how to day trade, you have only 2 choices. 1. Have you own mind and remove yourself from opinion makers 2. LEARN instead of chasing. Chasing will make you impatient and hasty in your learning. Millennia of Life and century ...

The brutal truth of day trading

If you ignore all interpretations then you will ultimately always be wrong. If you pick and choose between what you think is true and correct, then you are already wrong. The financial markets are similar to one big spider web (with focus on the web ...

The brutal truth of day trading

Then I would suggest people just go give their "trading" money to charity. Maybe there it will be useful. It's obvious that superficial thinking is the trend of the day. Peter

The brutal truth of day trading

There is a direct connection and correlation between self respect and learning. Peter

The brutal truth of day trading

What you are not understanding is that thinking is a thing someone does whether they trade or not. Be it a garbage collector, doctor, cab driver etc or a trader. A thinking person will always out trade a nonthinker. Why? The thinker thinks about ...

The brutal truth of day trading

RickM, I understand that you see all that as real enough. What I will say is this .... a simple variation on the 'knee tapping test' is all that is needed to determine how many times someone 'gets it wrong' / keeps letting it happen, before they ...

The brutal truth of day trading

I would like to add here, that IF someone was focused they could learn about trading AND how to trade in less than a year or two. But the only way this happens is when the person is completely committed to bettering themself and to learning to ...

The brutal truth of day trading

For me (Perhaps only) .... I don't believe in 'fueling the fire'. It hasn't worked. It doesn't work and never will work. From this time, date and year stamp, today, more and more people are going to struggle to understand properly, how to trade in ...

The brutal truth of day trading

RickM, A quick question regarding what you said about people being fearful of wasting time with posts...... If they limit their thinking time and they limit what they read ... then HOW do they propose to do any meaningful research ? OR, is that the ...

The brutal truth of day trading

RIck, I will respond by saying what I have always said - the people who really want to learn will learn - this is relating to all areas not just trading as a topic, The rest are just coasters who have their own motivations for being involved in this ...

The brutal truth of day trading

It is, figuratively and literally, impossible, to stay the same way you are AND to learn something new. So part of the point of having a go at day trading is to bend your will to learning, not just "getting" something. Learn for the sake of learning ...

The brutal truth of day trading