If you want to fail as a trader, study TA

Is the profanity necessary?

“When a man uses Profanity to support an argument, it indicates that either the man or the argument are weak; probably both.”

 

I wrote my post and didn't proofread. I see a few errors haha one of which was 'air' instead of 'error'. Hope you can look past it

 

WTF are you on about? May i suggest that you shut up!

 

You can never teach a person how to trade, being able to handle a trade is un-teachable...haha.

A person will either grasp it, or they will not. Human nature will stack the odds against the individual, and so the individual is not taking on the market.......but themselves.

It's an experiential thing, a skill, a talent that really can't be forced, a person has to have the natural ability.

Trading is not about patterns, it's about handling.

The handling ranges from split second to long-term, instant changes of mind, in no particular order.

The true trading mind does not allow for relaxing and fun in the markets, it's constant unknowing.

Only certain people have the right personal attributes to take on the markets as an individual professional working for themselves with thier own money,....there are few.

 

Please DR, do not be so rude:eek:

Everyone is entitled to their opinion, no matter what it is.

We can talk about trading until the cows come home, but, it is up to each individual to find what works best.

Some approaches work better than others, and, that is what really matters, for, it really takes a lot of live trading experience to learn the ropes, especially when you see all the crap that people have to sift thru before they find some real truths.

If people want to use indicators, then, I say let them off, for, maybe that is the only way they can trade, and, if they try any other way they might be completely lost.

What ever way make you money, and, that is all that really matters.

So, if you are not making money, then, you need to choose wisely the people you decide to take advice from, for, very few actually know how to read the markets correctly, and, when the chips are down you will be glad you are able to read the market, and not depend on silly mathematical indicators that really have no relation to what is happening, for, majority just lag the price and therefore will obviously seem like they are worth looking at, but, remember that is what the idiots want everyone to believe.

TE

Oh, fuk them all

 

Price action, volume, time. The experienced trader can work without volume.

Of course, the above does not matter one iota if you do not know how to handle it and yourself.

It does not come in printed format.


All the rubbish about stops and patterns etc etc, this is not the essence of trading, the real essence of trading cannot be taught, any real trader knows this.

 

Aha, but how do you know that, DR!

Anything is possible, remember:eek:

It depends on the individual, and, if the individual has the right mindset, of course, trading can be taught, and, what is more, it can be taught in a very short time, providing the trader fully understands the principles and reasoning behind what MUST be done.

It is simple to make money trading, for, all you need do is buy/sell, wait for movement, and then take a profit when you have it.

Now, if you tell me that any person can not understand that basic principle, then, well, I guess that there is really something very seriously wrong.

TE

 

True,

But most will run losses and cut profits short. Most will average down or not use stops.

For most, trading is a struggle, a constant struggle to do what is right, because to most, doing the wrong thing is natural.

 

Thanks Dackster! You're full of real class buddy...

Don't say anything at all if you are going to be a jackass, jackass.



TE - I'm just talking stock here and having conversation. Obviously you take it with a grain of salt which is good. Nothing is absolute. Just getting ideas and feedback on my thoughts at the moment.

Nature wants to work correctly 99% of the time. Everything is part of a system which ensures continuity throughout the universe. Why should your trading strategy be any different?

Also, I do take into account lagging indicators and treat them like so. All I really need to know is which side of the trade the hands are in.

 

Did i insult you? If i did, then i appologise.

Nature works 100% all of the time, only nature works like this.

Understanding your natural tendencies will help you to cope better with the market.

Coping with the market is what all traders, good and bad, new and old, do.

Some people are better equipped to cope with the markets, but this is not down to planning, MM, patterns or anything else.

Do you know what it is?