Beginner Question

Discussion in 'Professional Trading' started by johnstac, Jul 17, 2007.



  1. Your remarks indicate a willful obliviousness with regard to reality.


    st
     
    #71     Aug 6, 2007
  2. Big AAPL

    Big AAPL

    ST,

    I have read this thread and taken the advice of other respondants I deem to be genuine. I have gone over your posts a number of times and am amazed at your insightfulness and simplicity. As an engineer, I admire that. As an aspiring futures trader, I appreciate it, especially when it confirms my own system development. It is uncanny how you can give so much information without giving away your own personal edge. I hope you stay around a long time while I go through my growing pains.

    Thanks again
     
    #72     Aug 20, 2007

  3. You are way too kind. I merely shared what I have complied over the course of many years and demonstrated all that is needed to trade profitably is price and price alone. I have shared most, if not all, of what I do within various forums and PM's, so I am not withholding any edge. Fact is, if any edge exists, it's nothing more than the ability to read price action on a chart, and that comes with thousands of hours of screen time. I still maintain that the biggest obstacle between being successful or not is money management and keeping emotions in check. You can take most any viable method of trading and make it profitable if you master those two items first and foremost.

    It's been said that farmers and engineers make the best traders. As such, you already have an edge in your favor. Welcome to the world of trading.

    Regards,

    st
     
    #73     Aug 22, 2007
  4. Big AAPL

    Big AAPL

    Well, I also have a penchant for gardening, so maybe there's hope for me yet! Thanks for the reply.
     
    #74     Aug 22, 2007
  5. I'm off to plant a tree :)

    Anek
     
    #75     Aug 22, 2007
  6. i heard it's the other way around. I heard engineers make the majority of losers, however i hope i'm not a part of that stastic as i'm working my way to be an aerospace engineer LOL.
     
    #76     Aug 23, 2007
  7. ybforex

    ybforex

    HI can anybody tell me the way stealth trader is looking on price action (in what forum its explained)
     
    #77     Aug 25, 2009
  8. Well said. Like any other pursuit all that is typically required is to be just smart enough and commit about 10,000 to mastery. There are no shortcuts on 10,000 hours either. Typically those who start very young at their discipline and accumulate those 10,000 hours at an earlier age (Tiger Woods) are those we consider to be outliers. Early advantages beget more advantages and so on and so forth, etc. etc....

     
    #78     Aug 25, 2009