Advice

Discussion in 'Trading' started by mistermaster, Oct 6, 2019.

  1. Morning MattZ,

    You are spot on. I would add that a trader should practice discipline as well.
     
    #21     Oct 7, 2019
    MattZ likes this.
  2. Hmm. OK. I appreciate the feedback. I do. But that's quite a leap without knowing anything about me other than my penchant for undisciplined entries.
     
    #22     Oct 7, 2019
  3. It's well liked. It's just that unfortunately I am not properly implementing it.
     
    #23     Oct 7, 2019
  4. Well, I'm not four points short, I'm actually at least twenty points over. But as @MattZ correctly pointed out, it's totally irrelevant.
    And the entry is not a bias. It's a situation where my parameters are not functional like prenews, etc.
     
    #24     Oct 7, 2019
    MattZ likes this.
  5. padutrader

    padutrader

    why?
    you see studies have shown that people would rather go for the unlikely event which gives huge reward then go for the likely event which gives a small reward.
    that is because we all want to get rich......i have been there so i know it.
    for you to get rich a lot of people have to get poor.that is unlikely.
     
    #25     Oct 7, 2019
  6. Turveyd

    Turveyd

    Too high, no social skills, no common sense very high probability of being a psychopath.
     
    #26     Oct 7, 2019
    TommyR likes this.
  7. danielc1

    danielc1

    I know... But only you know if it is wrong or not. Just trying to let you see it in a different light what is happening to you. Does not mean I'm right about this.
     
    #27     Oct 7, 2019
  8. %%
    Well lets assume you value the truth ?? OK There is a fatal flaw in your trading; if you're short it can bullmarket uptrend for many years . Or if long bear markets can + have lasted for 3 years. SO even short term is not 90% turnAround @ all.Sounds exactly like you, are like most of US-prefer to be right > wrong. [Every mister has a male ego; that has to get out of the way]

    Even if youre out @ end of day/short term= that does not really change my points, because any longer term can be measured in enough ticks- i use longer myself.....................................
     
    #28     Oct 7, 2019
  9. CharlesS

    CharlesS

    Whatever the constellation of causes, there's something easily overlooked but always essential:

    => Get Enough Sleep


    esp difficult if you're spending late nights poring over charts and generating ideas
     
    #29     Oct 7, 2019
    Evgeniy likes this.
  10. Not true. Because that is your experience, that does not mean it is mine. That is a limited view and what prevents you from succeeding. And for me to get rich does not require a lot of people to get porr, but even if does, again demonstrating a limited world view and a limited understanding of the world by trying to correlate circumstances with certainty.
     
    #30     Oct 10, 2019