SMCJB 

For over a decade now active management has been destroyed by passive/index investing (excluding fees). I subscribe to the school of thought that the implications of that are bad for the market. We will see.

Chris Cole of Artemis capital (who i consider extremely intelligent) has made this same argument stating that passive etf investing is all fine and good until shtf...which is where active managers really earn their keep.

Im of the opinion that it is a good thing and the more power to earn in the hands of the common individual the better. This "when the market crashes you really need a professional to limit your losses" argument is trash. Just buy and hold and when in doubt, scroll out.

I'm not making the 'you need a pro to manage your money argument'. The point of the stock market is to allocate capital to companies. Good companies should get capital at cheaper rates than bad ones. That no longer happens. High momentum companies get cheap capital. I subscribe to the belief that in the long run that is bad for the markets.

KyronC 

Thank you, this was exactly the type of reply I was hoping for. It's honest, clear, and constructive. Thanks again!

I agree with the: you need a mentor to learn to properly trade . I was lucky to bump into a course about twenty years ago. He did not advertise and it was basically a word of mouth course. I truly have not looked for much trading info since. At the time I knew this course was all I needed to trade successfully. Unfortunately he is retired. He was a former CFO, and a very successful trader. The reason he taught an online, a very reasonable for what you learned, course is because he said he felt lonely trading and wanted to interact more with people. Good luck in your trading, and as he would say " you are brave for trying".

kevinkdog 

If you think they are scalping, and you therefore think you have a chance because you are scalping too, you are sadly mistaken. You are not playing the same game they are. Or even the same sport. Not even close. From what I've (not seen), the retail scalper is a unicorn, hanging out with Bigfoot and the Yeti. I wish you good luck with your scalping though.

Good Morning kevinkdog;

lol, that is funnyyyyyyy. lol hahahah The retail scalper is a unicorn.

lol thanks for the laugh buddy.

kevinkdog 

You, sir, are a dream crusher. LOL

Lol, they got it made in the shade sipping Koolaid

Trend Trader 

I agree with the: you need a mentor to learn to properly trade . I was lucky to bump into a course about twenty years ago. He did not advertise and it was basically a word of mouth course. I truly have not looked for much trading info since. At the time I knew this course was all I needed to trade successfully. Unfortunately he is retired. He was a former CFO, and a very successful trader. The reason he taught an online, a very reasonable for what you learned, course is because he said he felt lonely trading and wanted to interact more with people. Good luck in your trading, and as he would say " you are brave for trying".

Good Morning Trend Trader,

Thank you for sharing your trading experience.

I would agree, a great mentor helps.

I believe in the early days of day trading their was a bit more hands honesty then teaching nowadays. Professional and successful traders actually wanted to give back to serious beginners traders.

goodoboy 

Good Morning kevinkdog; lol, that is funnyyyyyyy. lol hahahah The retail scalper is a unicorn. lol thanks for the laugh buddy.

Not meant to be funny, meant to be truthful.

Lots of people claim to be successful retail scalpers, but I've never met one with proof over a few years of successful trading. Have you?

kevinkdog 

Not meant to be funny, meant to be truthful. Lots of people claim to be successful retail scalpers, but I've never met one with proof over a few years of successful trading. Have you?

Hello kevinkdog,

See below some proof of scalpers.

I have never in my life met or heard or seen a proven future market manual day trader with a performance track record of +1 month that open to the public for viewing. In addition, I do not think I ever will meet such a person. Perhaps, one day I become the person.

However, I know of one scalper day trader who is proven stock trader with a reliable track record of 2 years and the proof is below.

https://kinfo.com:443/portfolio/17255/performance. This is the best scalper that I know of.

In addition to this trader who is very good. https://kinfo.com:443/portfolio/19094/performance

goodoboy 

Hello kevinkdog, See below some proof of scalpers. I have never in my life met or heard or seen a proven future market manual day trader with a performance track record of +1 month that open to the public for viewing. In addition, I do not think I ever will meet such a person. Perhaps, one day I become the person. However, I know of one scalper day trader who is proven stock trader with a reliable track record of 2 years and the proof is below. https://kinfo.com:443/portfolio/17255/performance. This is the best scalper that I know of. In addition to this trader who is very good. https://kinfo.com:443/portfolio/19094/performance

You live in the same area as that first guy, if I were you I'd be camping outside his house to watch him trade live...assuming all of that performance is real...

kevinkdog 

You live in the same area as that first guy, if I were you I'd be camping outside his house to watch him trade live...assuming all of that performance is real...

Hello Kevindog,

I already contacted him. lol