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Trading is not a job


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Trading is not a job

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  #1 (permalink)
stel
Thessaloniki,greece
 
 
Posts: 17 since May 2020
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Markets will go up 33.3 percent of the time ,the same sideways and down,based on that and that technical analysis is crap i have to say that trading is not really a job,investing is.


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  #2 (permalink)
stel
Thessaloniki,greece
 
 
Posts: 17 since May 2020
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The odds of becoming a pro is the same as becoming a pro in the casino ,dont believe that you will find the edge which will make you rich,except of course if you are already rich and you are happy with a 10 percent per year.
You should not believe what they tell you in forums the ''pros'' ,if someone is saying otherwise he should prove it in here which i doubt.Stop waisting your time trying to find the ''edge'' there is a reason you cannot gain money and you cant do something about that

 
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  #3 (permalink)
lightsun47
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On the contrary, there ARE edges and there ARE successful traders.

If anyone does not want to prove it publicly, that doesn't mean that there is no one who is a 'pro' trader.

If there is an intelligent life forms billions of light years away and we do not / cannot know because of vast distances, that doesn't mean they do not exist.

Just because YOU don't know, that doesn't mean anything can or cannot exist.

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 deaddog 
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stel View Post
Markets will go up 33.3 percent of the time ,the same sideways and down,based on that and that technical analysis is crap i have to say that trading is not really a job,investing is.

I don't consider trading a job, to me it's a business. It's how I make my living, or rather how I fund my lifestyle.

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
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 glennts 
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A totally unrelated subject... but somewhat relevant to this discussion. Tyson Fury defeated Deontay Wilder with a knockout punch in the 11th round after he himself was knocked to the canvas twice by Wilder. After the fight he had this to say: "You’ve got to keep moving forward in a positive manner and keep fighting. Not just in a boxing fight, but in life in general because nothing’s ever gonna be easy. If you want something that’s very hard to get, you’ve got to sacrifice and dedicate and keep pushing no matter what and never let anybody tell you you can’t because tonight again, time and time again I show that it’s very possible to achieve anything you ever wanted as long as you believe it in here.”

“You mess with fire long enough, you’ll get burned,” Fury said. “I’ve had three fights with the biggest puncher in the history of my sport in my division and he caught me. He caught me twice in the fourth round, but I was never thinking, ‘Aw, this is over.’ I was thinking, ‘Okay, good shot, but I will get you back in a minute.’ And I did."

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 Salao 
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I don't know about you, but I don't post my paycheck to the internet. . Most that post trading results to the internet, aren't pros. Also, I'm not sure how one would go about proving they are a professional independent trader. But I do know that nobody owes it to stel to prove anything. Trading can be a job for some, like baseball can be a job for some.

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 bobwest 
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stel View Post
You should not believe what they tell you in forums the ''pros'' ,if someone is saying otherwise he should prove it in here which i doubt.

Not really. Another view:

Salao View Post
I don't know about you, but I don't post my paycheck to the internet. . Most that post trading results to the internet, aren't pros. Also, I'm not sure how one would go about proving they are a professional independent trader. But I do know that nobody owes it to stel to prove anything. Trading can be a job for some, like baseball can be a job for some.

If someone believes that no one can make money trading, they are free to believe that. In fact, we know that it is both hard and rare. So if that's the point, yes, it is not easy to become consistently profitable in trading.

If someone thinks that "investing" is better than "trading," that's fine too. And if they have not made anything from trading, there's no problem with their concluding they, personally, should do something else. But no one can speak for everyone. And no one owes anyone else their personal financial information, or has to prove anything to anyone. We're not talking about people trying to sell trading systems, just traders talking about their trading.

Also, is there a point to this, other than to tell people they are wrong? If someone thinks there is a better way to make money, show what it is, and be of some benefit to the community.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #8 (permalink)
stel
Thessaloniki,greece
 
 
Posts: 17 since May 2020
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I didht say you cannot make money from trading i said you cannot make it a job,whether someone calls it a job or business that doesht change nothing,you can make a fortune from trading or lose it all,but thats gambling even if ''pros'' agree or not with this term..
The point is that most of the people either newbies or advanced believe that they will find an edge and become rich,consistency
and big profits dont go together. You either will make predictions(gambling)and gain alot of money,or lose them,or you will have an edge and you will gain money,but if you have an edge the profits will not be what the newbies here dream of.

People should know the truth so that they dont waste their time trying to become proffesional traders,there are not proffessional traders among retails.
Or better yet people should know that they may lose all their money trying to make a business,job
and never become traders

 
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  #9 (permalink)
stel
Thessaloniki,greece
 
 
Posts: 17 since May 2020
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I cannot make a guote,so my reply is that you can prove you are a proffesional trader, by making live calls as a buyer and a seller in both directions in one market,and have at least 15 percent per month every month,with leverage or not.

Making calls only in the long side you are not a pro. A pro is someone who starts with 10000 euros and gain a fortune with that,and not by making predictions.
Lower than 15 percent per month means you have the money to support yourself,and you trade for an extra income..

 
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  #10 (permalink)
stel
Thessaloniki,greece
 
 
Posts: 17 since May 2020
Thanks: 0 given, 7 received


Υes of course there are edges, but noone in forums or the mentors who sell their crap are not going to find them so by giving hope to someone who believes he is going to be rich with 50000 euros with an edge is nonsense.Sure there are succesful traders,if someone is trading only in the long side in a neverending bull market he will be succesful.
You dont know nothing about me to make assumptions,what i know or don't.

I am tired of reading the same thing over and over again,that someone is succesful,but he have not to prove anything. In forums everyone is what he wants the other to believe he is,only trading live in both directions,everything else means nothing.

I personally dont believe noone if i dont see live trades in both directions.

An edge is not something that works for a few years and then you will have to change it,in order to say you work as a trader you have to find a permanent edge, i trade for 20 years and i have seen all the phases from high volatility for years where i thought i was the master,to low volatility and years of ups and downs where i could not find anything.


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