SOCRATES said:It is a universal observation that there are two main classes of individual who are set up to fail as traders.
Neither of these two categories are equipped to deal with what is laid in front of them by the market.
Both groups get very mad when they do fail, and then they go on to rant and rave and blame everybody else except themselves of course, because they view themselves for some perverse reason as the torch bearers of fairness and free speech . Snort !
The first group include the Academics, or those that view themselves as Academics because they have been able to obtain a Degree. They think that obtaining a Degree (of any sort) bestowes upon them a failsafe guarentee to succeed. This is not necessarily so. When they fail, as a result of not having the right character for starters, they get resentful, when it is demonstrated to them that what they ought to do is to conduct themselves in a proper manner, in time honoured fashion, as the market demands of all participants.
The second category are at the opposite extreme of the scale. These are the people (through no fault of their own) who are contaminated by the working class mentality. It is universally observed how the WCM through its love of money succeeds in blinding the victim as to what has to be done to succeed. Hence the WCM continues to breed the WCM. This is the great curse of modernity.
Thus the two are very different but yield the same result which is Resentment Against Achievement.
This results in mob behaviour in which no one wins. No one wins, because the holder of the necessary key knowledge, who maintains the right to pass on the skills to whoever is chosen, goes on strike (in WCM parlance) or Abstains (in A parlance), because the qualifying criteria for this profession remain Ability, Merit and Conduct.
These criteria are not to be found amongst rude and offensive juveniles. This is a tragedy because the ones that most need help do not recognise the fact, but, nor do they do anything to deserve assistance. To the contrary, they shoot themselves in the foot before they start and they succeed in denying others what is desperately needed.
This is why I am not interested in teaching or writing a book or selling software or having to struggle with dunces, whether paid or unpaid.
This could well be true. Suckertease - have you had time for some self-reflection yet and decided which of these two categories you fall into?
Again - you are making basic mistakes. You are assuming that just because someone doesnt agree with you they must be failures. Not only is this stupid, but it is incredibly ignorant - as most of your ramblings are. You can not accept that there ARE successful traders here on these boards who do not and can not agree with you. Thats life. So what - no need to get so upset is there?
I'm very sorry to hear you tales of woe and how hard it was for you to develop the self confidence to become profitable in the markets (if you are - personally I doubt it as you seem to become agitated and upset very easily) - but if you start to try and belittle others - you get all you deserve.
Live by the sword - die by the sword. I have no sympathy for you.
Anyway, the markets are opening soon - and I've had enough of this and you. I've made my point and have nothing further to add. Im sure the others here have better things to do than reading this drivel - and they should be focusing upon their trading - not this little circus - amusing though it may be!
I sincerely hope you manage to overcome your shortcoming and develop in to a more rounded individual and trader.
Be lucky!