How about answering my questions then?



Yeah, and we ask teachers and dentists and shop owners to prove how profitable they are by posting their tax returns online.

Gary Smith has said they exist, so what's your problem?

It's a well worn path.

Trader spends years and loads of money trying to learn how to trade other people's courses and methods. Trader fails, because the courses and methods were useless, or trader failed to adapt them and put the time in. Trader gets angry and frustrated. Trader claims online that NO ONE is a profitable day trader. Profitable day trader reads post, laughs, and gets on with his real job.

I'll tell you what. I'll do you a deal. If you answer all the questions I've put on this thread so far, I'll send you a scan of my monthly trading statement which shows a decent profit from day trading alone for the month of Dec 2010. No more, no less. Some details will be blanked out. It is *probably* fakeable.

Now, I predict you won't answer the questions, or will be unhappy with the 'proof', but ask yourself, why should I bother putting any more effort than this in? Do you think I care whether or not you believe me?

It's a well worn path.

Trader spends years and loads of money trying to learn how to trade other people's courses and methods. Trader fails, because the courses and methods were useless, or trader failed to adapt them and put the time in. Trader gets angry and frustrated. Trader claims online that NO ONE is a profitable day trader. Profitable day trader reads post, laughs, and gets on with his real job.

"It's a logical scenario. If you have found none, it means one of two things. Either they don't exist, or people who openly claim to be profitable generally can't back it up or can't be bothered"

FINALLY!!!! SOMEONE IS FOCUSING ON THE QUESTION I POSED INSTEAD OF MUSING PSYCHOLOGY LIKE BIG MIKE HAS BEEN DOING OR THE OTHER PERSON CONCERNED ABOUT MY LACK OF EDICATE FOR TYPING IN UPPERCASE.

Look, don't we ask for proof in any other performance based endeavour; for baseball players we demand to know their batting average; football, number of touchdowns, hockey, number of fieldgoals, etc.

This is one of the few performance based endeavors that requires nothing more than a mere mention of profitability for credibility.

Hey the famous trader Gary Smith once said in an interview that consistently profitable daytraders were so few that they were the exception to the rule.

I am sure you will agree Mike, that only a fool would base a rule only on an exception!

Well put @ Xeno.

People think that the vendors are all crap (most are), but think about why they do it. The money is a sure thing vs trading where you have to work at it, adapt, and persevere. As an example, lets take a custom bar type. Say you took someone else's free code available here made some changes, and decided to sell it for $250 a pop. You sell 1000 copies, and ding-ding you grossed $250K. Thats why you have traders, that do trade and perhaps make money most of the time, that still sell stuff or education. The money either evens out a non-steady income from trading or funds losses.

The best thing you can do is use a site like this to get other opinions first, find things that work, or better yet get the nuggets that do work. I have read a lot of books and have bought things over the years. I have usually gotten something out of each item, but long ago got over the idea that I was going to buy "the system/indicator". Instead of thinking you can buy the end game, do the work.

Trading is not for you, this is obvious.
This thread has shown you that it is about YOUR profit and loss NOT mine.
The problem is YOU are not profitable and want to blame someone.

But trading and life are not fair.
Don't bother looking at the books they have been cooked.
Records can be faked.
Credentials can be forged.
Law suits can be expunged.
Pencils have erasers for a reason.

To be a trader you must realize it is ALL about YOU!
No one else matters.

My suggestion is to bring up a Dos C:\ Prompt on your computer.
Type this FORMAT C: \U

Once the process is complete,
Go...
Be Happy...
Do something else...

Although teachers, dentists and shop owners in my opionion are not PERFORMANCE BASED ENDEVOURS FROM A COMPETITIVE STANDPOINT.
I DO CHECK MY CHILDS TUTOR TO MAKE SURE SHE IS CREDENTIALED, I RESEARCH MY DENTIST TO SEE IF HE HAS ANY MALPRACTICE SUITES PENDING AND
I DON'T KNOW ABOUT YOU BUT, WHENEVER I BUY A BUSINESS, I DO ASK TO LOOK AT THE BOOKS!

Maybe because the real profitable ones don't care if you think they are profitable, nor care to impress you or feel that they owe you anything to prove that they are? Just because you type in bold capital letters, doesn't mean people will fall over their feet to prove to you that they are profitable.

Let's say some does. Then what? How is this going to help you? Are you going to be profitable all of a sudden too?

Just because you spent time and money on something, doesn't mean you will be successful. You also need to apply yourself in the correct way. I see numerous overweight people at the gym I go to, who spent 90% of their time talking to their friends, taking phone calls while half-assing it on the treadmill or just sit around taking a "rest". I can just imagine them telling their friends that they cannot understand why they don't lose weight since they go to the gym all the time.

Unless you take responsibility and apply yourself, you will always be that person in the gym wasting your time and money getting nowhere.

XENO,
I AM NOT trying to challenge you or anyone else on thiS forum, EVERYONE PLEASE STOP GETTING DEFENSIVE.

Perhaps because no one on this forum can honestly say they are CONSISTANTLY PROFITABLE AND BACK IT UP WITH PROOF EITHER???

ONCE AGAIN MY POINT IS BEING SIDELINED! I don't want anyone to impress me with proof that consistant profitability is do-able. I want them to impress upon me that this is not the exception to the rule.