Thread: How many people are actually making money rather than losing?

Originally Posted by ;

quote The most important is that you take your trades according to your perspective without the influence of others. It is your trade, and that means you have to enjoy it or leave it. It is tempting to enjoy a trade that somebody else enjoys, but in the long run it is your account, your cash, your own risk, your style. To explain, I am not a competition of discussing ideas and analysis. In fact I feel it's vital since we sometimes miss key points in our analysis. You have to be just like a judge. Hear arguments from both sides, combine it with what you ...

we sometimes miss key points///////////////combine it with what you already know, and then draw your own conclusions.

Originally Posted by ;

quote Thanks . On the whole I'm happy with what I'm doing and the progress that I have made this season. I'm here because I enjoy because I enjoy the entertainment, the can / can not debate, it is almost irresistible...

That is excellent. Keep it up

Yes, at times it is quite hilarious

Originally Posted by ;

quote Thanks . On the whole I am happy with what I am doing and the progress I have made this year. I am here because I enjoy because I enjoy the amusement, the can / can't debate, it's almost irresistible...

yes such as the US Congress at its #8203;Greatest...

Fantastic post.

My question is: what's an inefficiency? Where does it come from? And how do YOU define an inefficiency which you consider a border on your own?

Originally Posted by ;

What does it tell you about the future? What works today won't work too well and what ceased working nicely will never truly work nicely again,amid a few spurts here and there.Unless you are an outlierout of the box thinker,you in a million-a type of Neo man you cant make anything big out of this markets.If you use classic/time tested trading principles, in order to create any super profits you need to live with very large volatility into your account, the free lunch period ended.

Why ? What has changed?

What I don't know is the way inefficiencies dissapear in time, during the trading history? I agree they CHANGE punctually, so when something stopped working it did so AT THE EXPENSE of a new, and possibly yet undiscovered, inefficiency created.

Even if some kind of widely known inefficiency was cleared from the cleverest it could only be so at the expense of newly created exposure. Is not that exposure a new inefficiency? I don't know if I am describing it clearly.

Anyways, tendencies must be contested, indiors need to fail like they occasionally work and so forth and so forth. Otherwise the markets would not be zero sum. I think this core logic's been around from the start and will be so in the future. The question is: Would you build something about that?

Originally Posted by ;

back in 2004 Richard Dennis was interviewed at a cheap fast food restaurant as is his customary habit.He said trading is 10* harder than it used to be.Systems trading is like chasing your own tail,the fact that you discover an edge,that edge declines as numerous quants arrive in the edge utilizing various ways.Soon the edge can hold all of the currency trading it and degrades,only now it happens 10* faster with the speed available. All measurable advantages are non-robust. . .think about that.If trendfollowing could have functioned as well as it did then the top...

Overall money made / complete hours wasted on trading = $25/hour

Sure enough to live, but nothing to fret about.

Once you have what it takes, have to really go for wealthy. Else markets change and edge evaporates and you into bad house.

Originally Posted by ;

I feel this core logic has been around from the beginning and will be so in the future. The question is: How Would you build something on that? quote

Yep

Originally Posted by ;

total cash made / total hours wasted on trading = $25/hour Sure enough to live, but nothing to fret about. As soon as you have what it requires, have to go for rich. Else markets change and edge evaporates and you into poor property.

So long as you enjoy what you do, come and go as you please, even though it was only $10/hour, it would be worth it.
You cannot place a price on freedom.

Originally Posted by ;

$25/hour

How much is the funds been traded?

Originally Posted by ;

quote Yep image

Lmfao

I really don't see trends in the market dying out. I believe they are a form of nature and will happen whether they are logical or not, just like seasons, tides and cycles. The herd does what the herd does, al;manners has and always will. I also believe that so long as there are tendencies there'll be ways to trade them.

Of course things stop working and have to be replaced and changed. Also in life although in trading. That's why we do not reside in caves anymore.

If figuring out how to adapt and seeing what is happening in the markets does not get you springing out of bed in the daytime then this business aint for you.

I fucking adore it

Missing a crapload of money discovering my own weaknesses and what I want to change but I do not see that as missing money any more. For me this is a journey of advancement and self discovery