Completely New To Day Trading and Would Love Some Honest Advice

Discussion in 'Trading' started by Redsthenewblue, Oct 11, 2023.

  1. ironchef

    ironchef

    Go easy on @Laissez Faire, he was trying to be helpful to @padutrader.

    As I said in my post, instead of trying to be helpful, I now just simply sit back and enjoy reading @padutrader's posts because he doesn't need or want any help. However, I do appreciate some of his helpful suggestions.
     
    #71     Oct 17, 2023
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  2. LOL. And what the hell happened to you? I mean LOL literally, as I'm laughing here.

    I simply said the sample size of completing a 5/15 day Combine is way too small a sample size to infer anything meaningful. That's statistics 101 and nothing personal against anyone. If anyone's offended by facts, toughen up is my advice.

    I never told anyone to wallow in failure. LOL. But for many it would be better to get some realism into their head as it could save them from greater pains and disappointment later on. Staying humble is also not a bad idea as the market tends to humble those who get grandiose ideas.

    I maintain that the advice I gave in this thread is the best advice that was posted here. :)
     
    #72     Oct 17, 2023
    ironchef likes this.
  3. padutrader

    padutrader

    that is why it took me 20 years

    i am not a newbie.

    something major changed in my trading and what was that?

    understanding second entries and using only those.

    once i did that i also understood when i can use the first entry.
     
    #73     Oct 17, 2023
  4. padutrader

    padutrader

    I AGREE


    Calvin Coolidge once said, “Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent” 123.

    In other words, there is no substitute for persistence. It is the key to success in any field, and it can help you overcome any obstacle that comes your way. So, if you’re feeling discouraged or overwhelmed, remember that persistence and determination can help you achieve your goals.

    I hope this helps!

    IT CERTAINLY HELPED ME 20 YEARS OF FAILURE


     
    #74     Oct 17, 2023
    Darc likes this.
  5. padutrader

    padutrader

    I MAINTAIN my success is not taking good advice and thinking out of the box

    watch me fly and markets burn
     
    #75     Oct 17, 2023
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  6. padutrader

    padutrader

    wrong
    i have all the help i need.

    from a genius and trailblazer.

    from some one who sees what everyone sees and comes to a different perspective that simplifies.

    Someone who dissects the market with surgical precision.

    that some who is called Dr Al Brooks.
     
    #76     Oct 17, 2023
    Darc likes this.
  7. padutrader

    padutrader

    my idea of success is making 300-500 usd a day.....

    my income at present is 700 usd a month.

    so you can say i am a failure even if i make 1000 usd a day.....

    but i say i am where i wanted to go and that i have reached my destination
     
    #77     Oct 17, 2023
    Darc likes this.
  8. ironchef

    ironchef

    I was right. You have Al Brooks, you don't need or want help from the posters on ET.
     
    #78     Oct 17, 2023
    padutrader likes this.