guilt of all market participants from 401k investor to daytrader

Discussion in 'Professional Trading' started by APA, May 11, 2008.

  1. APA

    APA

    you call me retarded but it seems you have no regard for other living things that share this planet

    typical.....
     
    #51     May 12, 2008
  2. jnbadger

    jnbadger

    OK, not to veer away from the environmental rant which is so entertaining, but...

    I stopped feeling guilty when I realized daytrading is simply a game. If others want to play with me and lose, that's their problem.

    The stock market exists for people to make money. Why is the time frame important? I don't feel guilty at all if I make more than my mom is making in her 403b plan.

    We don't create shit, but if you've gotten to the point of consistent profitability, then your level of self improvement required to get there is benefiting society and your family.

    Also, do something good with the money. That helps.
     
    #52     May 12, 2008
  3. APA

    APA

    we all say how we can do good things with money, but I'll be the first one to admit that outside of family and few friends I did not help those in need

    furthermore, Stock Market does exist for people to make money as you said, but stock market was NOT created with helping average man in mind
     
    #53     May 12, 2008
  4. Mercor

    Mercor

    ....Say you are in the office supply business, you buy a truckload of staplers ,inventory them and try to sell at a higher price

    Stock market is just like a small business......You buy (inventory) store it then try to sell it at a higher price

    There may be 100 other people in the stapler business, should you feel guilty that you can make a market for your staplers at their expence.

    Because you can find an edge, better price, better service, better quality, you are profitable.

    If your gulit is because you feel you are not contributing to society thimk about wheather we need 101 stapler salesman.

    But you are valuable to you customer, just like you are valuable to the person on the other side of your stock trade.
     
    #54     May 12, 2008
  5. #55     May 12, 2008


  6. who cares what you think?

    There are no hard and fast definitions for "Science".

    "Science" is ever changing. There are new "discoveries" made every day that negate long held beliefs.

    You belong to the "flat-earth" group of the middle ages.

    In the middle ages, many individuals were crucified for sugesting the earth was round ( and not flat ) and the earth was not the center of the universe.

    I don't care to post on ET much to educate fools like you.

    My basic theory of humanity

    http://elitetrader.com/vb/showthread.php?s=&postid=1909680#post1909680

    However, I'll post the following link for those who actually do want to learn.

    http://www.rustumroy.com/
     
    #56     May 14, 2008
  7. Very entertaining rebuttal. No hard and fast definitions of science....that's beautiful. Just out of curiosity, why don't you post your CV, and show the world your qualifications. As for myself, I am eminently qualified to judge what is and what isn't science.....check out my CV. As for the name calling, the old adage "Sticks and stones...." I really don't even know why I'm even wasting my time arguing with a one lot fringe player, at best. I must be really bored.

    As for science changing....the amount of knowlege is expanding, while the scientific method remains unchanged. The scientific method IS science.

    As far as the "Flat Earth" group, I don't think my dissertation committee would have agreed with you, and my committee was headed by a Nobel Laureate.

    Goy, you have serious psychological issues and need some professional help. All of that anger can't be too good for your trading.....if you trade.
     
    #57     May 14, 2008
  8. I see you got hooked by Roy. I think he had his last original thought in the 60's. The principles he espouses are analagous to his compadres in Utah when they perfected cold fusion.

    While you're on the subject of pseudoscience, here's a good link from a respectable source:

    http://jlnlabs.online.fr/cfr/html/cfr10.htm
    Although they spin a good yarn, it's all BS.
     
    #58     May 14, 2008