How many FullTime/Professional Traders here?

ratan jain · #81 28th May 2007, 02:30 PM

sure marcus, if u are so dumb that you dont learn from ur mistakes, make corrections to your system and trade, such a person deserves to stop trading

Such an outcome for such a person will surely confirm the statistics of this industry

uasish · #82 28th May 2007, 03:03 PM

marcus,you will have to make ur own system,what others intend to say is to improve that system & moreover it is 100% possible to beat Mutual Funds,they have lots of limitation than a retail investor/trader like you & me.
Hence to beat their performance cant be an intended goal,which an avgerage system with good Money mgmt. & Risk mgmnt. in place can do comfortably.
Plz think deeply & improve upon,which all of us are doing day in day out.
Best of luck.

marcus · #83 28th May 2007, 04:22 PM

Quote:

Originally Posted by ratan jain

sure marcus, if u are so dumb that you dont learn from ur mistakes, make corrections to your system and trade, such a person deserves to stop trading

Such an outcome for such a person will surely confirm the statistics of this industry

hmmm guess 90% of the trading population must be dumb then ....

ratan jain · #84 28th May 2007, 07:49 PM

marcus: again wrong...... almost 95 % IS dumb...the remaining 5 % who have a desire to succeed have joined Traderji.com to learn what they are doing wrong.

Dev Mookerji · #85 28th May 2007, 07:59 PM

Quote:

Originally Posted by ratan jain

marcus: again wrong...... almost 95 % IS dumb...the remaining 5 % who have a desire to succeed have joined Traderji.com to learn what they are doing wrong.

Jain sir,

I must be among those 5%. I have to be. No 2 way.

dev

beginner_av · #86 28th May 2007, 08:44 PM

Quote:

Originally Posted by marcus

hmmm guess 90% of the trading population must be dumb then ....

Thank God isn't it? Or else how will the other 3% prosper?

amitrmf · #87 28th May 2007, 08:49 PM

hallo everybody

i am full time trader. if anu query mail me on amitrmf@gmail.com

amit

marcus · #88 28th May 2007, 08:52 PM

Quote:

Originally Posted by ratan jain

marcus: again wrong...... almost 95 % IS dumb...the remaining 5 % who have a desire to succeed have joined Traderji.com to learn what they are doing wrong.

ratan: what i said was meant to be satiracal but as you were unable to comprehend that let me explicitly explain to you, you see most people who tarde or even those who frequent traderji have an intelligence level above average, I very much doubt any sane person would dispute this or do you?

Anyway out of all the people who trade and as I've explained to you most (not all) have an intelligence level above average the question of those who fail being "dumb" simply does not arise. So forget about 95% even 50% or less wouldn't be considered dumb by conventional standards (I refer to IQ and EI) So among this group of intelligent people what separates the successful from the unsuccessful ... although this is disputabe I believe the answer to be discipline and knowledge you see it has nothing to do with being dumb.

So you see it has nothing to do with being "dumb" as most traders have an intelligence level well above average. Oh and lastly if even 50% aren't considered dumb how can 95% be considered dumb?

Lastly are you so naive as to believe all the full time traders here at traderji (the 5% as you say) are able to beat the equity diversified MF average returns, although as uashish said it is indeed possible let me assure you only a handful here actually do.

beginner_av · #89 29th May 2007, 10:57 AM

Isn't that true in any field? Once you get into IIT you are considered to be the top 1% or 0.5% in the country. But then among IITians not all have become great achievers. If you go to 3rd grade B-schools you'll find quite a few of them languishing. Does that make them less intelligent? Among the lot there they will be the brightest. So it is all relative. Out of the 5% successful ones, there will be a top 10% and so on, and your level of granularity can be taken as far as ranking each individual.

So if you are not a Devi Shetty, will you stop becoming a cardiologist? If you are not a Federer, will you stop playing Tennis?

uasish · #90 29th May 2007, 11:07 AM

This i am sure CV will disagree:=
"ratan: what i said was meant to be satiracal but as you were unable to comprehend that let me explicitly explain to you, you see most people who tarde or even those who frequent traderji have an intelligence level above average, I very much doubt any sane person would dispute this or do you?"
He equates Carpentary & Stock Trading requires same IQ ,infact he is right.
On a roaring Bull mkt even my maid-servant will make money,we normally equate wins to IQ level !!!! It is random yarr.

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