=> Indeed, makes a great Trading Expo breakfast, both across the street from the Mandalay Bay in Vegas, and across the street from Marriott...
I can only speculate for people like Sam Walton, but I assume he was happy with his life. To me, that's the goal for a 'successful life', to be...
For most such traders I know, their friends/neighbors/family would be shocked to find out that they even earned even 20% of their current income....
Regarding humble: The most important concept about being humble is what humble is NOT. Humble traders do not "know it all". They realize that...
Excellent quote. That the kind of mindset that seems common among consistently profitable traders, IMO.
Very good point, vikana. I like to say that the toughest thing about trading is to get to the point where you can consistently break even with...
Yes, exactly. You have your own strategy for making trade decisions, but it's not based upon a MACD cross (using your own secret set of MACD...
Not sure if that was a serious question, but the ones I know think indicators are extremely overrated.
Good Trades, Bad Trades. Winning Trades, Losing Trades. Many people think that a winning trade is a good trade, and a losing trade is a bad...
ChkItOut, Good questions and comments. I'll do my best to address them. My purpose in creating this thread was to help describe what I...
Exactly. I just don't think ET is a good forum to have these kinds of serious discussions for the benefit of the developing traders. It's too...
Maybe for some forums, but certainly not all. The leading financial forum in the late 90's and early 00's was Silicon Investor, and they offer...
Excellent comments about taking unbounded risks. Many of the successful traders I know, for example, have read the LTCM book many, many times as...
TSGannGalt, You have added three (worthless, immature and insulting) posts to this thread. In the future, please choose to contribute (what...
Unfortunately, this simply does not work consistently or timely enough to be useful, IMO. For example, an hour after I created the thread linked...
Good point. Then maybe the default could be that no one is banished from a thread upon creation. That way, the thread starter would have control...
I think ET would be a far more useful place if the OP of a thread had the ability to moderate their own thread. This moderating power would...
Good point. Discipline is a word you'll often hear in connection with successful trading, and with good reason. The need for discipline probable...
Excellent post, Lescor. That is certainly part of 'growing' as a successful trader. I call it becoming 'acclimated to greater risk', and it's...
Very well written. I agree 100%.
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