Fake Traders

[yupyup]

Explain this to me? There are always a few around, some last much longer than others. I never seem to understand the point of it.

Thoughts?

[Riddicks]

I don't seem to understand the point where all we here from traders here are, I made a killing on this trade, or the market went the other way but I was already short so I made money again, I am making so much money. How about some losses people.

[aiki14]

Explain this to me? There are always a few around, some last much longer than others. I never seem to understand the point of it.

Thoughts?

Do you mean folks who paper trade, or liars? If you're referring to the former they are usually new to the game and are behaving sensibly, learning what one can before putting money at risk. If you're referring to the latter, it's probably ego. Although the concept of impressing people who don't know your real name and you don't know theirs is a little bewildering.
Best to take things with a grain of salt.

[yupyup]

Definetely NOT talking about paper traders. I think paper trading is a very important part of the learning process. Certainly worth doing it to get down the basics if nothing else.

Talking more about the liars or like Riddicks pointed out the sandbaggers. Oh I was in this, sold that, etc.

I think it lies in folks insecurities, wanting to be liked / needed / correct.

I guess you are right, chalk it up to taking everthing with a grain of salt. Must be something about my personality or something, just seems to get under my skin.

[Survivor]

Add liars in the media to the mix. The Commodity manipulators at the NYMEX, attack a pipe line in Nigeria, a fire at a refinery, which you will never see any photos or video tape. CNBC, they contradict their own lies. Oil is overstocked, the supply is down but demand is up in China all of a sudden. The dollar is hi, oil low- this is why they do not want the dollar to worth anything, 99 cents. Barrons, Wall Street Journal, Goldman Sachs, Jim Rogers, George Soros, the commodity manipulators from Singapore. Jim Cramer is pumping natural gas, again, why is Boone T. Pickens recommending we convert our vehicles to Nat. Gas.
That made oil drop like a rock. No, The government is sealing off oil wells on Federal land? Dependent on foreign oil is exactly what the Government wants.
And the market already priced that in, sure they did what a crock of sh*t that is.
Pre market trading and after hours. The market and the manipulation based on total lies and rumors followed by the lust of money.
Wall Street is a bad example of business and finance. Some get rich and some get poor, the crashes are cleverly engineered to rip off everybody's money.
Retirement, pensions, 401k's. Add in crisis and fear.

Capitalism is exploitation of man by man. Socialism is for the Rich which means they get to line their pockets with your money when they lose theirs.

Keep a strong code of ethics.

[zombie]

I don't seem to understand the point where all we here from traders here are, I made a killing on this trade, or the market went the other way but I was already short so I made money again, I am making so much money. How about some losses people.

Hey, you have me! 9 out of 10 trades i do goes south - which makes me the mayor of loserville. ;)

[Riddicks]

Hey it may make you a Mayor but I am the President buddy. haha, its all a part of the process you win some you lose some, but I learned a big lesson early on, don't put in what you can't afford to lose.

[useless]

Ha, I make loses too. pisses me off.

On the internet, everyone is a badass.

( saying used to be, there are no 16 yr old girls on the internet, only pedophiles and fbi agents; doesnt hold true any longer )

[Survivor]

Investing momentum feeds on itself, and government data suggests speculative trades are on the rise, meaning people are buying in simply because they know they can sell for a quick profit.

"There's no lack of gasoline right now or the lack of ability to produce it, and anyone who says speculators are not playing a role in this run is delusional," said Tom Kloza, publisher and chief oil analyst at the Oil Price Information Service.

The same thing happened last year, to a much greater extent. Because when the Wall Street crisis struck and the economy tanked, oil prices collapsed. Gas fell to $1.61 by the end of the year.

Gas prices in Michigan, Monday 2.35, Thursday 2.60 a gallon.

Expect more lies and market manipulation coming to a neighborhood near you.

[yoyomama]

How about some losses people.
I lost my ass overnight holding ETFC, F & FIG at different times. I did good holding C but overall still behind.