Interesting...I hadn't seen your thread before, I'll check it out.
I have a knack for reading short term charts, but actually trading and always having the capital to do so are often not within my grasp. As are many, I
am still learning the fine points of risk and allocation
It's nice to see one of the gurus admit to it,but I interpret you to be saying you can't really make money trading for yourself. If so, you'd have the capital? I mean, if I had the "best record of real time calls" I'm sure I'd come up with some $ somehow...max out the credit cards, family, whatever. No matter how small an amount it was, with that kind of record and the power of compounding...it wouldn't take long.
Sometimes I find it easier to pick stocks when I am not emotionally/financially tied to the trade.
I think anyone in the market would agree "paper picks" are a whole different world then real trading...but if the "guru" can't do it with real$ on the line...why would subscribers to the guru expect to fare better?
A lot of people are great "making calls" that aren't real trades, just look at the fantastic returns various market contest winners end up with, generally by people who don't have any real money and are thrilled to win the generally modest prizes.
5. Operating a service is a pain, but it can provide a nice stream of income
Agreed...but the income would pale beside the money a true market expert could make.
Again I comeback to "those that can, do trade, those that can't, teach"? |
