No need to apologize to anyone, for that is weak-minded, and weak-minded individuals lose in the markets. What you should say, is, something like this.. "DT, I was wrong about you and your motives, and now that we have squared it up, let us move on and get on with the business of making money, for, we must never forget that making money is all that matters, and, EVERYTHING else takes second place" R_E is still a dumb twit BTW, for some things never change TE
ADEQUATE RANGE...REMEMBER There was also some other KEY terms mentioned that should be memorized, but, I wonder how many can recall them:eek: TE
One of the key things is to create a plan/process and follow it. How do you create & follow a set process if things are always changing and the variables are always changing? As an example let's say your plan is to "wait then buy at the first pullback" using a certain bar formation as a trigger. Now every day has different variables: So what if this pullback had such strong momentum you decide the odds just aren't worth taking the trade. What if when you look at the entry chart the setup looks great, but you decide the big picture chart negates taking the trade? What if it's Friday afternoon and the volume has been sluggish all day, so again you think the odds just aren't worth entering the trade? My question is do you blindly follow your process and take every signal, or do you try to logically think about all of the ever-changing variables and avoid certain trades therefore overriding your process?
How about 25 Time = Money NY has mentioned a password protected pdf that he posted here a good while ago, and, he said RN knows all about it TE
you misunderstand what I said. I did not mean psychology, I joke it, did you notice I put a question mark there? say yes, when in a question mark, that is a NO. because of your emotional decision making, your trading is going astray, you must put back your rationale and logic in the decision center. when you drive your car, you have emotions, you plan pretty well beforehand for your trip, but things you could not factor all them in, such as road-work road closure, or sudden traffic jam/delay because of car accident ahead of your trip, you feel very frustrated and you may not prepare for other routes (you do not have GPS or maps), what you should do, emotional decision can make things better such as blaming your spouse for not preparing other routes or buying a GPS? NO. when I missed a cross or a turn or an exit in an unfamilar highway/freeway, most time I yelled at my wife, particularly when my wife asked me to stop and seek help, I yell more, that makes things worse, a happy vacation trip turned out to terrible, ..... Emotional decisions should be removed. in trading, the same happens. when people lost money, then they become emotional. they lose more, they start to rely on tips, or here TA, look for holy grail. do we have holy grail in trading? NO. seeking holy grail is a emotional doing. you know, it is a bad decision. a right decision should be logic/rational fact based!
What exactly do you mean when you keep saying "time=money"? Everything seems to be a riddle with you, so do you just simply mean figure out how to make as much money as possible in as little time as possible, or do you mean something else?
What the fuk MK:eek: Only plan required is as follows, in capital RED letters posted right over your PC "STOP..WHAT THE FUK DO YOU THINK YOU ARE DOING..YOU STUPID FUKIN IDIOT..NOW COP ON..AND..DO WHAT YOU KNOW YOU MUST DO..STOP FUKIN ABOUT..OK..FOR..TIME=MONEY!" TE