It is IMPOSSIBLE to make money in the markets

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

  1. Ill repeat, ***SOMEONE*** is making the futures markets "impossible and too efficient", and ***THAT*** someone is making money in the futures market ;-)
     
    #61     Aug 6, 2006
  2. almost none of those "someones" are individuals trading their personal accounts.......maybe .50%
     
    #62     Aug 6, 2006
  3. romik

    romik

    the initial statement is inaccurate, it describes personal observations, rather than actual.
     
    #63     Aug 6, 2006
  4. Your broker takes all your money. They make RISK free money.

    Multiply 2,000 suckers who pay $100 in commissions each day = $ 200,000 per day everyday.

    ...and in the long term, all the money wagered goes to the broker. In the LONG TERM, only one thats left standing is the broker.
     
    #64     Aug 6, 2006
  5. The more frequently one trades, the truer that statement is, since not only to daytraders (professionals who do it as their only source of income) have to be profitable, they have to be consistently profitable.

    Daytrading certainly has a winner-take-all element. My guess is that there are a small number of winners who get better year after year and a whole lot of losers who don't last long enough to get good and become winners.

    The more infrequently one trades, the less true that statement is. If you buy a couple of quality etfs (dividend paying) with money you make from a non-trading job and can wait thirty or more years and can stand getting decimated in bear markets, it is hard NOT make money.
     
    #65     Aug 6, 2006
  6. 72.56% of all numerically- or statistically-based assertions are made up on the fly.
     
    #66     Aug 6, 2006
  7. romik

    romik

    some brokers consider margins as 100% profit on top of commissions, that's more forex field though.
     
    #67     Aug 6, 2006
  8. How about this: 99.99% of all traders are net negative. For some who "makes it" the energy expended to stay on marginally profitable just isn't worth it.
     
    #68     Aug 6, 2006
  9. I do believe that your assertion just proved my point. Apart from that, if you are so convinced about what you are saying, why are you here?
     
    #69     Aug 6, 2006
  10. mizer

    mizer

    Have you ever traded equities?
     
    #70     Aug 6, 2006