Richard Dennis theory that anyone can learn to trade is flawed

Discussion in 'Trading' started by HolyGrailSeeker, Aug 16, 2020.

  1. Pekelo

    Pekelo

    OK, if you take it so literally (last response to you) then Dennis is STILL wrong.

    A blind, deaf quadriplegic mentally distraught person can not learn how to trade, so no, not everyone can.

    Literal idiot.

    Hey look, anyone can learn how to drive!:

     
    #21     Aug 17, 2020
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  2. Pekelo

    Pekelo

    "Everyone can cook." --- Chef Gusteau, from the documentary Ratatouille

    So easy, even a chimp can do it:

     
    #22     Aug 17, 2020
    Axon likes this.
  3. panzerman

    panzerman

    On a more philosophical note, this thread begs the questions, can a publicly disclosed trading system that had positive expectancy, still retain positive expectancy? Also, can anyone be taught to develop a positive expectancy trading system?

    I would say no to both questions.
     
    #23     Aug 17, 2020
  4. Yeah ok... not everyone can be a dr, a lawyer, hell not everyone could be a good farmer or electrician.
     
    #24     Aug 17, 2020
  5. SunTrader

    SunTrader

    Dennis said learn to trade. Not learn to trade making the big bucks. L e a r n to trade. What is so hard to comprehend that?
     
    #25     Aug 17, 2020
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  6. ironchef

    ironchef

    Most can learn to be good doctors, lawyers and farmers because.

    Doctors, lawyers and farmers learn best practices from the experts and then go off and treat their own patients, serve their own clients and plow their own fields. They don't compete against one another.

    Traders put money into a pot, compete against one another so some will always fail. Only a few will get the pot. We trade the same indices, same stocks... It is more like professional poker players playing one another for the same prize money.
     
    #26     Aug 17, 2020
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  7. JSOP

    JSOP

    Ok you are still picking on the semantics and not contributing anything meaningful. And you are not even reading other people's posts that showed you where you are wrong. Done talking to you on this thread. This is getting ridiculous.
     
    #27     Aug 17, 2020
  8. They literally do compete with each other and it starts in school. People get churned out, give up. Some can't become doctors because they fail their residency. Some get fired from being doctors. Some people can't help themselves as much as they try. I've painted and made wood works under the direction of professionals but the quality of my work is still at an elementary level, I suck at that stuff no matter how hard I try.

    Also equity markets are not a zero sum game man.
     
    #28     Aug 17, 2020
  9. savoir

    savoir

    Successful traders are born, not made. You can't make a diamond from a lump of coal.
     
    #29     Aug 17, 2020
    Nobert likes this.
  10. deaddog

    deaddog

    I agree with you 100%.
    I'm not sure what your point is. I assume it is that everyone is not suited to trading

    If you need further proof look at the traders on ET. :)
     
    #30     Aug 17, 2020