Post
Topic
Board Speculation
Re: REAL market traders... are they here...?
by
jballs
on 31/12/2013, 01:46:51 UTC

Most traders lose. The more they trade, the more likely they are to lose. I have theories about why, but they are not important. It's just the way it is. That said, I have encouraged people to trade my whole life and still do. A few win. It's like most Hollywood starlets end up waiting tables. But if they didn't go there would be no Hollywood. 

Don't kid yourselves though, the odds are hugely against you. What bitcoin has to offer is a parabolic rise IF it plays out that way. My position is to not fuck it up trying to pick up nickels in front of a freight train. Get in, sit down, shut up, and hold on.

Two cents from an old man.