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Old 18-02-2011, 01:13 AM
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Originally Posted by Unregistered View Post
I have a friend who had a 9-5pm job as an engineer and developed a passion for trading. He did trading at night for a bout 3-4 years almost everyday. He eventually mastered the market and is now a full time trader for himself. He easily earns US1000 a day while spending about 3-4 hrs trading forex and us stock options. The rest of the day is to pursue his other interests.
mastered - yeah right. then temasek, GIC, buffett and paulson should hire 10,000 such traders and make $10m everyday.

among so many octopuses in the world, Paul the oracle made 100% correct predictions - a perfect 8 out of 8 - in the 2010 fifa world cup. this placed him in the top 0.0001% among all octopus oracles. he must be a genius. all octopuses should learn his secret prediction strategy.

my advice: don't waste time. only 10% of day (or night) traders make money. but that's because they were lucky to "discover" a lucky strategy that worked for them in that timeframe (the lucky strategy may not work thereafter), but these people go on to believe they are true geniuses and start writing books and selling seminars (some actually sell seminars despite not making money).

really. if it's so easy, surely some nice chap would have by now made trillions and gone on to change the world, eliminate poverty, build empires, explore the universe, and become god.


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