Best technical indicator EVER!... You.

Discussion in 'Psychology' started by J.Joseph, Jul 1, 2012.

  1. cornix

    cornix

    This statement is somewhat true, because indeed it's the experience and deliberate practice what makes the trader, not the tool used.

    Many traders succeed with any set of tools from pure price action chart to sheet of bond yields without any charts at all... and even more fail, because they always look for some magic tool, think that's what makes a difference... wrong, it's how you practice the craft does.
     
    #11     Jul 6, 2012
  2. gmst

    gmst

    Actually, its a good document that you prepared. Its very true. I found very similar behavior while trading ES. Thanks for posting.

    Having said that, I am not sure how many traders will actually start modifying their behavior based on this document. Because, going counter to your instincts is a very hard thing to do.
     
    #12     Jul 6, 2012
  3. Thank you, nice text.

    Unfortunately it doesnt work for me.

    My comlexe situation:
    Question 1 = always Greed
    Question 2 = Fear of Loss
    Question 3 = Fear of greater Loss
    :mad: :mad: :mad:
     
    #13     Jul 9, 2012
  4. I like that.:)

    If you have the Will to succeed, you already have won for 80%.
    :)
     
    #14     Jul 9, 2012