Originally posted by doodab
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Originally posted by russell View PostI have already started designing it, if it fails then at least I will have tried and not wimped out at the first sign of competition. Don't worry the world need people like you to do the mundane tasks and take the mediocre path.
With most opportunities to make money the cost of entry goes up as time passes and there are more established players to take on. Hence my assertion that you are better off finding something "less competitive" i.e. hunting out an unexploited niche with a lower cost of entry and getting in early.
With daytrading particularly, you are often looking at exploiting market inefficiency, and you are going to be up against people playing the same game with more money, more computational sophistication and quicker trade execution. These people make the market more efficient and reduce your chances of success considerably.
The people who are really making money out of daytrading are the ones who are selling the dream, IMO, but good luck with it all the same.While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'Comment
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Originally posted by zeitghostI like mediocre.
It got me where I am today.
Listening to the guy upstairs practicing his golf swing.
I think he sliced that last one.
Now if you don't mind not breathing as loudly and stop grinding your teeth down there as you're putting me off, then I'm going knock this one 300 yards.What happens in General, stays in General.You know what they say about assumptions!Comment
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Originally posted by doodab View PostI don't know where you get the idea I "wimped out at the first sign of competition". I simply stated a belief that there is more money to be made in less competitive environments. "Less efficient markets" might be a better phrase. So might "less mature markets with less established players and a lower cost of entry".
With most opportunities to make money the cost of entry goes up as time passes and there are more established players to take on. Hence my assertion that you are better off finding something "less competitive" i.e. hunting out an unexploited niche with a lower cost of entry and getting in early.
With daytrading particularly, you are often looking at exploiting market inefficiency, and you are going to be up against people playing the same game with more money, more computational sophistication and quicker trade execution. These people make the market more efficient and reduce your chances of success considerably.
The people who are really making money out of daytrading are the ones who are selling the dream, IMO, but good luck with it all the same.Comment
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I got a telephone interview for the VB6 gig. It's taken a couple of days for this, whereas I would have thought after one look at my CV they would have been wetting themselves to hire me.Knock first as I might be balancing my chakras.Comment
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Originally posted by suityou01 View PostI got a telephone interview for the VB6 gig. It's taken a couple of days for this, whereas I would have thought after one look at my CV they would have been wetting themselves to hire me.What happens in General, stays in General.You know what they say about assumptions!Comment
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Originally posted by MarillionFan View PostWhy? Is it at SilentNight?Knock first as I might be balancing my chakras.Comment
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Originally posted by suityou01 View PostShush lowly UAT tester, you're talking to a developer here. 'ave some rispeck innit.Comment
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Originally posted by russell View PostA bedwetter is a bedwetter, the shall have no respect regardless of their job title.
I'm sure you have the entire boards utmost respect.Knock first as I might be balancing my chakras.Comment
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Originally posted by suityou01 View PostTypo, or just grammatically incompetent?
I'm sure you have the entire boards utmost respect.Comment
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