Recent content by FXSCALPER2

Of course not. Most successful traders are probably just lucky. The following is an extract from a book by Curtis Faith, one of Richard Dennis's "Turtles": "When one starts to use performance measures to separate a group of funds into the good ones and the underperforming ones, one is very...

In order to be profitable over time, you certainly will do well to have skill but there must be loads of monkeys in the City who are still there by pure luck. Why does this seem obvious to me?

That one was supposed to be very clever, eh? In addition to having those Nobel laurets along with him. Astounding really. Retards. Saying that to clever people feels amusing.

You can be unskillful and unlucky, skillful and lucky, skillful and unlucky and unskillful and lucky. The fact that you do or don't understand probability doesn't change the fact that your kid who you just left at the creche gets killed when Mohammed Ata decides to fly a plane into the building...

Yes, but everyone agrees with wasp about Spanish. The thing I am failing to see is how it follows luck doesn't exist because Spanish has no skills.

It is one thing to say that you can have a plan and be prepared, but it is another, completely false, thing to say there is no such thing as luck. I am not even talking about luck in trading, but all the sh!t that happens to all sorts of people all the time. Look at it this way: how does...

Wasp, Yes you should have plans and all that bollox, of course. But things happen by pure chance. You kidding me with this 'there is no luck' stuff? I was driving down the M11 once when I saw a lorry overturned across the central reservation and killed loads of people on the other side of the...

You sound like Trader Dante increasingly, although I reckon you are a cool dude. You can have a nice long just before Soros says the euro may not survive and you get stopped. You would be a dumb ass if you were not using stops or being prepared for stuff like that but it certainly makes no sense...

There is welfare for the banks costing trillions. It is amusing how they have been going on about single mothers, 'undercalss' and welfare beneficiaries and the world is brought to its knees by our capitalists heros. It is pathetic that people buy this BS about how welfare is such a big problem...

Van Tharp is a d!ck who sells courses because he can't trade. It is like learning martial arts from someone who writes books about martial arts. The position sizing thing is written for really thick people. You stick a 2% risk on each trade and it moves up and down as you win and lose. That is...

Well, this one is a doddle really, isn't it? Of course the pound is going to collapse a lot more. If you are not too worried about stupid rallies in the mean time, you can just sell the thing. Easy money ever. I reckon 75 cents.

Capitals spreads are a sh!t bookie and Simon is an incompetent and dishonest d!ck.

Yes, but what I really wanted to say wasn't even on the swear filter.

You dip.

Well, you can arrange your affairs so that you survive these shocks. But that doesn't change the fact that it is luck.