Friday, December 3, 2010

Day Trading-- Total Antithesis to the US Government.

My political rant today. A government official would be the least likely candidate to become a successful day trader. The reason is this. So many government officials have no real world experience, talents or skills. They would lose money selling lemonade at a garage sale.

They live a a world of no accountability, and unlimited access to power and money with out ever gaining any of this on their own personal merits. This of course is all the tax payers dime and it breeds more incompetence, fraud and waste.

Contrast a government official to a day trader. A day trader is  accountable on every move he makes. A slacker will go broke tomorrow in this business. A day trader has to bring his A game every day to succeed.
There is no one to pick up the tab on any incompetence. You live with your results right now and every day.

Like no other business in the world. A day trader has to hit on all cylinders every day. No room for many errors and ongoing excellence has to be the norm stay successful.

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