You're dense.Originally Posted by ;
And at the dream world you occupy you're wealthy and successful, you're not broken, gloomy, and scrambling about for a dollar or 2, desperately hoping to build a mirage and image on your own. I have seen thousands of you delusional Walter Mittys on trading forums because their inception, your damaged pathology never changes. In a couple of years you might develop a bit of humility once the realisation hits you that you're still at the exact same loion, nowhere.
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Possessing an master in maths/physics won't automatically guarantee you success in the markets.
I have studied physics for 2 years and I really don't know if I would call most of these people I met there smart whatsoever (No disrespect)...
There is absolutely a good possibility that some of them will develop good models which will triumph in the markets, but most of them will probably fail like the rest, particularly in trading.
The best traders I have met are very well-rounded:
- they've an good general understanding about business, economics and cash.
- They aren't afraid to take risks and do not seek constant confirmation and safety whatsoever.
- They have good skills in maths/stochastic and programming but can also be creative enough to develop new things from their comfort zone and examine them properly.
- They have an incredible competitive driveway, a winning mindset and do not shit their pants when things get rough.
- And above all, they do not lie to themselves.
Sigh, the”greatest traders you have met”, where, onforexforum.co.zaor in actual life?
Seriously, if you believe money is taken out of those markets, by men in their Mum's back bedroom, slumped over their ten year-old Dell laptop, then you are delusional. All that plogical”can perform” self help book nonsense hasn't cut it.
You men haven't got a clue, the image you have of what a trader is doesn't exist, you exist in a bubble and fantasy world.
Trading is now 95% automated, there's a space race on and you are not part of it. You are like kids playing with 1970's texet calculators whilst machine learning is taking off.
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1) Real LifeOriginally Posted by ;
2) No
3) There are still a lot of succesful assets supervisors using a optional approach mostly
4) I'm not talking down AI
And just to put it clear: I'm NOT saying that mathematicians and physicists can not be extremely succesful in the markets, however it is not everything, from my observations that the well rounded guys had better achievement. It is only my experience so far and it could be far away from the truth.
I use a lot of data for my own trading, I could run a machine predied on them also it would be profitable but I prefer to use them as an indior only and make the decisions myself checking too various other factors (opinion, news, correlations by way of example) daily.
[quote=Spreadbetter;10777440]Sigh, the”best traders you've fulfilled”, where, onforexforum.co.zaor in actual life? Seriously, if you think money is taken from those markets, by men in their Mum's back bedroom, slumped over their ten year old Dell laptop, then you are delusional. All that plogical”can perform” self help book crap has ne
It depends upon on which side of the line you are loed with all the trading.
A system will lose you cash a lot quicker.
A lot of those crashes ranging back into the late 80s can be attributed to machines freaking out, they'd never of happened if we had people using ledgers.
With that said, you can have the best machines running (like I have but outside dated the very first time I used it) but when it is the incorrect way you will still lose.
I'm only saying rather than being unwanted.
The sort of sickening, misleading, vacuous, empty drivel, I've read thousands of occasions trading forums.
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It seems you can not accept an different view than yours and you also seem a little bit butthurt, but it is fine mateOriginally Posted by ;
You are an embarrassment and have revealed you suffer from delusions of grandeur.
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