how to learn trading?

Discussion in 'Trading' started by Aryan.1234, Apr 24, 2020.

  1. JoeyLowe

    JoeyLowe

     
    #71     Apr 26, 2020
  2. p0box4

    p0box4

    Some people don't understand nice.

    Padu has been lying on this forum for a long time and he has been exposed multiple times, yet he keeps doing it and nobody is doing something about it.
     
    #72     Apr 26, 2020
    smallfil and JoeyLowe like this.
  3. Handle123

    Handle123

    I have checked Padu charts from the beginning and he had wrong knowledge of reading them, but last handful of months he has changed in right direction.
     
    #73     Apr 26, 2020
    ironchef and JoeyLowe like this.
  4. Who's Padu?
     
    #74     Apr 27, 2020
  5. Real Money

    Real Money

    Padu Trader is a guy that day and swing trades fx pairs and claims (paraphrasing) "to have found the secret to profitable trading after 30 years..." or something like that.

    He's light on specifics but I think it's based on TA type stuff, support / resistance and trend lines etc.
     
    #75     Apr 27, 2020
  6. A trading mentor is the strongest determinant of success but that term itself is an oxymoron. Anyone who sells education is NOT profitable - be absolutely clear on that.
    There are successful traders who are willing to impart their wisdom and you will find they do not charge anything, the only problem is there are lots of opinionated unprofitable traders who also dispense their advice free of charge and it can be hard to tell the wheat from the chaff.

    A lot of it comes down to luck in meeting the right people but the qualities needed for a new starter are:

    1) to stay teachable
    2) but also have a good nose for bullshit

    Ultimately though, trading success is a path of pain. Will take years away from you and success is not guaranteed. Very few ppl make it, and for the rest - they let life pass them by. If ppl close to me asked for advice (and they have), I would tell them not to do it... but since I think you're gonna ignore that advice (lol), just know the rabbit hole is deeper than you think and perhaps put a hard stop loss on the time you invest in this endeavour.. cos 2 years can quickly become 3, 5.. 10. But I guess no one will tell you that...
     
    #76     Apr 27, 2020
    SimpleMeLike and Real Money like this.
  7. ironchef

    ironchef

    He is willing to mentor us newbies for free.

    Don't know how good he really is but I would probably take him up if I am a struggling fx trader.
     
    #77     Apr 27, 2020
  8. p0box4

    p0box4

    I personally would want to be mentored by someone who is actually succesful.

    Padu is not so i don't see how he could be a good mentor. I might be wrong since he also claimed he trained Goldman Sachs top traders.
     
    #78     Apr 27, 2020
  9. Thank you smallfil,

    I 1000% agree.
     
    Last edited: Apr 27, 2020
    #79     Apr 27, 2020
  10. ironchef

    ironchef

    So there is hope he is for real.
     
    #80     Apr 27, 2020