Do you earn 300 pips in 1 month? - Page 7

JanaSergeevna · 21-01-2005, 07:37

Quote:

Originally posted by TheSundanceKid I definitely would not say that trading is not intellectually hard at all, or even close to being easy.

May I quote you on that?

Oops ... I just did!

comenow · 21-01-2005, 08:07

Quote:

Originally posted by JanaSergeevna
May I quote you on that?

Oops ... I just did!

I have to say that autofx's post is spot on. When someone says trading is intellectually hard, then you know that they haven't got it.

JanaSergeevna · 21-01-2005, 08:11

Quote:

Originally posted by comenow When someone says trading is intellectually hard, then you know that they haven't got it.

Could not agree more. It can be hard in several ways, but certainly not "intellectually".

TheSundanceKid · 21-01-2005, 08:19

Quote:

Originally posted by JanaSergeevna
May I quote you on that?

Oops ... I just did!

Do you disagree, or were you pointing out the fact that I used double negative?
Whatever...

Quote:

Originally posted by comenow

I have to say that autofx's post is spot on. When someone says trading is intellectually hard, then you know that they haven't got it.

LOL, I'm lovin' the irony in this!

Cumenow,
When you keep posting these ignorant statements, you only make yourself look foolish!
I certainly do "get it", and have no doubt my returns are vastly superior to yours. Anyway, I'm not going to get into a pointless/childish argument with you. Oops...I just did!

Good Trading,

Sundance

TheSundanceKid · 21-01-2005, 08:23

Quote:

Originally posted by JanaSergeevna
Could not agree more. It can be hard in several ways, but certainly not "intellectually".

Please note that I did not say trading is very hard intellectually - I just said that trading is not easy (intellectually).

So Jana, since you seem to be the authority on trading, please enlighten us on what you think is the reason why 90%+ of traders fail?

Good Trading,

Sundance

[You really like getting into arguments, Sundance]

JanaSergeevna · 21-01-2005, 09:12

Quote:

Originally posted by TheSundanceKid I did not say trading is very hard intellectually - I just said that trading is not easy (intellectually).

I think the combination of that nicety, the double negative, the fact that I am using my third language and my desire to raise a smile all conspired to get the better of me. Please excuse me if my comment was inappropriate. It is a rather idiosyncratic point of view but for most of the time that I have been learning to trade and trading (and I am still learning now, of course) I have been doing an MBA and a PhD, so I cannot avoid finding it slightly amusing if people express the view that trading is "intellectually difficult".

Quote:

Originally posted by TheSundanceKid So Jana, since you seem to be the authority on trading ...

You misunderstand me, Sir. I am an authority only on shoe shopping. Regarding trading, I can offer only my own experiences and impressions.

Quote:

Originally posted by TheSundanceKid please enlighten us on what you think is the reason why 90%+ of traders fail?

IMHO (if indeed it is true) it's because most of them actually lack a system which really works, but often don't realise this, blaming instead a combination of "psychological factors", bad luck and a huge variety of other reasons, repeating their mistakes and risking real money trading "systems" which have no sound, long-term, statistically-proved basis in reality.

tim_nn · 21-01-2005, 09:35

Quote:

Originally posted by JanaSergeevna it's because most of them actually lack a system which really works, but often don't realise this, blaming instead a combination of "psychological factors", bad luck and a huge variety of other reasons, repeating their mistakes and risking real money trading "systems" which have no sound, long-term, statistically-proved basis in reality.

You're so right. Without having a genuine, proven edge, no amount of "good psychology" will enable anyone to make a living. As Larry Williams has explained in his recent book (and a few other authors too) all the talk about what traders call "psychology" and "working on yourself" is designed to sell books and courses and to foster various illusions collectively aimed at concealing the simple truth of what you say above. Learning to stick to a system that works uses up maybe 1% of the effort involved in discovering one in the first place!

comenow · 21-01-2005, 09:44

Quote:

Originally posted by TheSundanceKid

Do you disagree, or were you pointing out the fact that I used double negative?
Whatever...

LOL, I'm lovin' the irony in this!

Cumenow,
When you keep posting these ignorant statements, you only make yourself look foolish!
I certainly do "get it", and have no doubt my returns are vastly superior to yours. Anyway, I'm not going to get into a pointless/childish argument with you. Oops...I just did!

Good Trading,

Sundance

I am only British so I fail to see the irony. Sundance my dear boy, I am sure your return is 'vastly' better than mine. What do you want? A prize maybe? You are taking this way too seriously. You need to chill out.