My understanding of trading improved the most when I took years off

Discussion in 'Trading' started by IronFist, Aug 22, 2016.

  1. Simples

    Simples

    We all share what we want in the way that we feel like - good intentions. Trying to do it differently, somehow better according to another's specifications, not always the best idea. Go beyond right or wrong, trying to mend the world or even aid some struggling "poor traders" :sneaky: We do what we do, and then in the end we have to let it all go anyways. Diversity's nice, keeps it from being boring! Boredom reminds us of diversity, and is indispensable.

    Myself, I think leaving clues for others, small light here and there, is all we can hope to accomplish. Even if you spend all your time and energy holding people's hands, the moment you let go, they will just drift into that abyss. So at some point in time they need to do those swimming strokes by themselves. If you do try that, you can get good at it though and in due time become a great teacher - one where the students outmaster their master. Very few such souls and they very very hard to come by. You won't recognize them before it's "too late", even in yourself! :p Can take years until something one heard finally makes sense. The seed preceeds understanding and direct experience. There'll be no "thank you" in this life.

    Trading and spirituality is just like life, exactly what you make out of it!
     
    #11     Aug 23, 2016
  2. wrbtrader

    wrbtrader

    This is not a mentoring forum nor is it setup for such. The best you can do is get a few pieces of the puzzle here and there from many different people. It's your responsibility to put the puzzle together because at the end of the day...many things about trading can not be taught. Thus, it comes down to just you.

    1) I'm curious now why you've return to this forum although it doesn't imply you've returned to trading. Simply, have you already started trading again and then started having problems again...prompting you to return to the forum ?

    2) Have you consider the possibility you're not suitable for trading ?

    3) You returning to trading as part-time only ?

    After all these years...surely you've traded with someone in person that can see what you're doing in your home trading environment because often when traders been at this game a long time without having success...there's something else going on with them personally or something in their trading environment that has absolutely nothing to do with trade methods that's preventing success.

    This is something a person at a forum will not be able to see about you. In contrast, someone sitting in the same trading office as you on a consistent basis for awhile (minimum of several weeks) will see things about you, your life, your home trading environment that an online anonymous user can not see.

    Join a club of traders in your area or nearby...they are out there unless you're living up in some remote mountain. The first club I joined in my area was an informal get together with others using the "FutureSource" software. There were five of us within a hour drive of a center meeting point...three of us eventually started trading together...taking turns trading at each others home. It was only during the sitting next to each other to trade did we notice things we shouldn't be doing and notice things that the other person shouldn't be doing that had a great impact on our trading...things not discussed at a forum.

    Find others in your area, its really not difficult unless you're living at some remote mountain.

    Broker platform club, charting program club, trading club...they are out there...started by users that want to meet others.
     
    #12     Aug 23, 2016
    Simples likes this.
  3. This case is indeed an interesting one : how many months/years ago did you leave trading?

    You also seem to want to use the dom for trading: what are your expectations using it? for how long - terms of hours ( 100 hours, 1000 hours, 10 000hours) - do you intend to investigate and use it?
     
    #13     Aug 23, 2016
  4. vanzandt

    vanzandt

    Trading aside...when playing the guitar, you should play what your mind wants to hear. Once you know the basic scales of the genre you enjoy, its better to not emulate others note for note, but rather feel what they are doing and let your hands do the rest (assuming you are proficient on the scales). Create your own riffs.

    You hit the nail on the head. Its that mind-block that causes so many beginners to quit. There's a reason so many of the greats have been strung out on heroin and booze... it may destroy their bodies and minds... but there is no doubt it tears down all boundaries if one is truly gifted musically and allows for an unparalleled level of creativity.

    Probably not good advice for trading though.

    But good luck... enjoy making that guitar scream your soul.. ;)

    And ps, now that you're older... get a piano, a real piano. They are free all day long on Craigslist. Never look at one iota of text on how to play it. Just play it, you might surprise yourself at how good you are. Its true. Just play.♫
     
    #14     Aug 23, 2016
    Zestilio likes this.
  5. Zestilio

    Zestilio

    Trading inside, the same works here too - you should trade with whatever stocks you know and love. Not only will it be easier to concentrate and monitor it then, but you will also tire less.
     
    #15     Aug 29, 2016