What language is that? :D
It can be "fall" instead. :) And the matter is not subconscious. It's the trader's mindset: measuring risk first. No emotions attached. Simply...
SS: I agree with you that trading is a great test for personality traits. And a great tool to improve those. So are many other things in life. But...
From spiritual point of view any experience is "good" of course. But from conventional, that one which may kill is not. :) So there should be a...
One story before I go to bed. :) One of my best virtual friends, ET member and a good trader admitted that his relationships were broken due to...
Well, I prefer not to talk in terms of "quitting". Any experience is invaluable if you know how to use it. Trading is great, that background helps...
One "another" job you know: that is counseling and coaching. Another is I run a business of physical trade (auto parts). That one is especially...
My job and a "calling" so to say is find the truth, so I equally appreciate any opinion or information, critical included. Ironically, everything...
Sure. I still trade, but shifted priorities from day trading only to much more omnifarious life.
I am saying one should first: realistically view one's chances of success via chosen way of trading. Second, see if that realistic expectation...
Well, I agree with you on Mandela. But there's nuance. Him, Jesus or Socrates were ready to sacrifice lives if needed for their ideas. Because...
Sure. For example one may fall prey to cognitive biases starting from clustering illusion to something known under such a simple name as "wishful...
Could it be that losing money trading can be a result of false persuasions?
Hmm... would be hard to convince Surf that trade management is not random entries. :D
Got it, thanks! I assume those principles are valid for capturing certain swings within ADR as you said earlier.
I thought about any strategy because you said trade management is more important.
I fully agree with you regarding roulette. However, let's wait for clear explanation by RN first, likely some details are missed.
Very interesting thesis, RN, thanks for that. If you allow, another question: are those principles of trade management similar for ANY strategy...
That's one great explanation of your view, thank you very much for putting efforts into writing that post. Did I understand it correctly: your...
Your opinion matter a lot to me RN as you are far more experienced than myself. You basically say system is not relevant to profitability at all,...
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