It is IMPOSSIBLE to make money in the markets

Discussion in 'Trading' started by Ripley, Aug 3, 2006.

  1. there is not one good example of beneficial comments on these forums including mine.......all for grins........watch them come and watch them go.....entertainment on the cheap.......
     
    #241     Aug 17, 2006
  2. romik

    romik

    that's not entirely true George, I have picked up quite a few tricks from some ET members, you included.
     
    #242     Aug 17, 2006
  3. I wouldn't go as far as saying that it is impossible to make money in zero-sum markets like futures (and options).

    I WOULD say, though, that most who try could make a better living getting a degree or two and obtaining a real job with a real salary and such.
     
    #243     Aug 17, 2006
  4. DannoXYZ

    DannoXYZ

    It's actually a negative-sum game. You gotta keep putting more cash into it just to make it break-even at zero-sum... hence the need for a job... ;)
     
    #244     Aug 17, 2006
  5. romik

    romik

    you are talking out of your ass. Don't generalise, muppet.
     
    #245     Aug 17, 2006
  6. Assuming you were objecting the negative sum game comment then it was correct. The sum is Winner + Loser for zero sum here but the Exchange + Broker also take money out so the sum is negative.

    So if you have a winning trader and a losing trader then one of them needs a job as well to pay the exchange and the broker :)
     
    #246     Aug 17, 2006
  7. romik i will say u r an exception for sure.......the attitude reflects sincerity....it certainly can be done.....without a doubt...i beleive anything you say based on et posts by you.......i hope u make millions....b1b2...4re...all class people........later
     
    #247     Aug 18, 2006
  8. romik

    romik

    That's what I am saying George, thank you, now click here and try not to shit yourself, it's quite funny - http://www.elitetrader.com/vb/showthread.php?s=&threadid=74983
     
    #248     Aug 18, 2006

  9. that's because you buy new highs.
     
    #249     Aug 18, 2006
  10. It's still impossible Billy.

    I hope you never get past your backtesting/papertrading stage. Its for your own good.
     
    #250     Aug 18, 2006