Why market always exist? but traders always do not exist continuously

[Mr.G]

"They call us gamblers.
They say we depend on luck.
They claim that no one can beat the market and we're wasting our time.
This isn't a real job. We should give up our hobby they say.

But if theу only knew...

That we're the masters of risk,
the essence of entrepreneurial spirit,
the liquidity of the economy.
We trade the currencies you circulate when you shop.
We trade the companies you work for each day.
We trade the gold on the watch on your wrist.
We are not afraid to take losses, to talk about our losses, to rebound from our losses. Those are our defining moments.

Discipline and self awareness are our companions.

We are what you've always wished you could be!
We are traders


Wow......man... Doesn't it feel Super Powerful..

Ps: its an extract from a video that I always watch each day before I start my trade.

Can you post the youtube link to this?

 

[Cubt]

http://www.traderji.com/showthread.php?t=77862

 

[Giraffe]

"Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth"

-Marcus Aurelius, the Great
​

On technicals vs fundamentals fight, I would say:
All are tools, and as they say about the tools, "It's only as good as its master, give a chisel in my hand, and you are unlikely to get a Michelangelo's David"

At the end, all comes down to one simple parameter, "How much money one made".......:rofl:
You guys remember Paul the Octopus?. Fundamentals, technicals, voodoo magic, whatever it should be, all that matters is How much money it makes...:clap:

 

[Giraffe]

Just one more humble addition to fundamentals vs technical argument.
Fully agree that fundamentals is what should really matter.

A man's stature should depend on his morality, ethics, truthfulness, and his courage to uphold these principles .......blahablaaaaahhhh.....etc. etc. But friends, we not living in Ram Rajya......
Yeh to ghor Kalyug hai merey bhai........., Thugs, Liars, Murderers and Rapists are today's nobility.

How can one one say that the Market is immune from this general trend.
Like the Master Sun Tzu said, all warfare is based on deception. Same is the case in markets. Every one is in this game for money, and it's an almost no holds barred game. Markets don't read technical/fundamental analysis books, they are what they are...Described in Zen way, "The Market Is"....

Technicals are not just about price-volume, trend lines, fibonacci retracements, support and resistance, RSI, MACD, etlc etc. (You can fill all those fancy names here). It's just and "humble attempt" to account for those other factors that come into play. (
Technicals, if used correctly and interpreted so as to gauge these "deceptions/manipulations", can help one to exploit this to one's advantage.

 

[TradeJoker]

old article

A chimpanzee in Russia has outperformed 94 percent of the country’s investment funds with her portfolio growing by three times in the last year

:lol: :lol:
economix.blogs.nytimes.com/2010/01/13/traders-vs-chimps/?_r=0

 

[Mr.G]

Just one more humble addition to fundamentals vs technical argument.
Fully agree that fundamentals is what should really matter.

A man's stature should depend on his morality, ethics, truthfulness, and his courage to uphold these principles .......blahablaaaaahhhh.....etc. etc. But friends, we not living in Ram Rajya......
Yeh to ghor Kalyug hai merey bhai........., Thugs, Liars, Murderers and Rapists are today's nobility.

How can one one say that the Market is immune from this general trend.
Like the Master Sun Tzu said, all warfare is based on deception. Same is the case in markets. Every one is in this game for money, and it's an almost no holds barred game. Markets don't read technical/fundamental analysis books, they are what they are...Described in Zen way, "The Market Is"....

Technicals are not just about price-volume, trend lines, fibonacci retracements, support and resistance, RSI, MACD, etlc etc. (You can fill all those fancy names here). It's just and humble attempt to account for those other factors that come into play.
Technicals, if used correctly and interpreted so as to gauge these "deceptions/manipulations", can help one to exploit this to one's advantage.

Good Post.

 

[ryan4ucar]

so no investor buys at top ?

haha nice one

 

[ryan4ucar]

There are stupid traders and stupid investors. In short, there are both stupid people and intelligent people (investor and traders both) The stupid people keep donating money to intelligent people. intelligent traders loot them in short term and intelligent investors loot them in long term. Doesn't everyone agree?*

I corrected it now its simpler to understand.

so G you are a investor right most of your stocks must be down heavy in this market does that make you a stupid investor for holding stocks in this market?

 

[ryan4ucar]

Trading platform has been set up for taking money from small investors and giving them to HNIs and FIIs...

What do you say?

If one wins, another is losing, that is future market......Market is looking like purely legal gambling

you seem like a frustrated trade who has lost a lot of money ?

 

[ryan4ucar]

Use the markets the way they were meant to be used! Then tell me if you lost money. Do you think HNI and FII do technical analysis? Mutual funds who have given constant return for so long do they use technical analysis?

The commodity market is no place for a retail investor unless you want to hedge against inflation by buying gold or silver.

The fixed income and equity market (NOT EVEN F&O) are the domain of retail investor.

I don't care if you agree with me or disagree with me, but arbitrage and value/income investing is the only way to constantly make money in the market. I am just speaking my mind so dont give me examples of ST or raj sir.

Even professional gamblers with money management skills make alot of money.

As the lone FA guy in this forum everyday I see people run after new AFLs run after new methods. Keep searching for the holy grail that is not there! I see that most of them make loss and keep making loss. Those who do make profit hide behind numbers inflated by leverage. Save a few.

Tell me if trading is more risky than investing would you rather use leverage for investing or trading? But some people dont get that in their head and use leverage for such a speculative activity and hide behind technical analysis just to gain some confidence in their gamble. This is how people get thrown on the road side due to the market, then they blame the market for being a casino.

You guys see price movement and charts. I see the reasons why the price moved. I see what is actually going on around the economy. You guys see volume. I see the economic data and news.

People say that the price made such a pattern and it broke out. Did you ever see why the price made such a pattern? It is not the price that moves the market. It is the fundamentals that move the market higher and higher and make it crash in a depression.

Price movement is there but also understand what is making the price move. Its not a magical thing on your screen that keeps going up and down. And you just have to buy that blip on your screen to profit.

That blip is an actual company where people work and have managers. When you buy that blip you become a proud OWNER of that multi national company. The company is yours and rewards you by dividends and as people realize the FUNDAMENTALS of the company the price starts increasing.

As a fundamentalist I have taken a lot of flak from technical analysis supporters. I have been called funda-MENTAL, one guy said I am a failure at TA so I said "angoor khatte hain" and joined FA. That is not the case, I always understood the benefits of FA and why the worlds greatest investment banks use FA to make deals, Mergers and Acquisitions don't see charts and see support or resistance and decide chalo support is at rs.100 per share so i will pay that only. They use FA to find out the value of the company.But my friends there is another side of the coin that you should explore. Don't dream of becoming rich in a week or over night. With 25% return only without leverage you can become rich in 10 years and constantly keep getting rich while you surf in miami or go live in a hill station or go on a world tour.

If you stay alive or not your portfolio will feed your family. What will you do when your eyes are too weak from reading charts all day?

If you have a portfolio you will get dividend in retirement. You will leave behind a heritage for your generations.

way to go vent out your furstration at all the guys here but please dont kill them ;-)