POLL (Trading): If you knew then what you knew now...

Discussion in 'Professional Trading' started by rcanfiel, Feb 11, 2008.

[b]POLL (Trading): If you knew then what you knew now, what would you change?[/b]

  1. Change brokers

    3 vote(s)
    3.3%
  2. Learned more about psychology

    6 vote(s)
    6.7%
  3. Money management

    13 vote(s)
    14.4%
  4. Become more risk averse

    4 vote(s)
    4.4%
  5. Learn more about TA

    3 vote(s)
    3.3%
  6. Avoid TA

    4 vote(s)
    4.4%
  7. Learn more about fundamentals

    2 vote(s)
    2.2%
  8. Fundamentals don't help

    2 vote(s)
    2.2%
  9. Gone into the industry, IB, prop firm, hedge fund, etc.

    5 vote(s)
    5.6%
  10. Studied engineering/programming

    3 vote(s)
    3.3%
  11. Never trade

    4 vote(s)
    4.4%
  12. Prevent my friends from trading

    3 vote(s)
    3.3%
  13. start my own advisory service

    0 vote(s)
    0.0%
  14. Study price action until my eyeballs fell out

    21 vote(s)
    23.3%
  15. Found a mentor

    3 vote(s)
    3.3%
  16. Focused on a different instrument (class)

    0 vote(s)
    0.0%
  17. Start with more money

    5 vote(s)
    5.6%
  18. Start with less money/Papertrade for a LONG time

    8 vote(s)
    8.9%
  19. Would have studied more about successful traders

    1 vote(s)
    1.1%
  1. POLL (Trading): If you knew then what you knew now, what would you change?
     
  2. Arnie

    Arnie

    How about......

    Open a daytrading firm :D
     
  3. Become a roofer or a plumber.
     
  4. Sat down with research at IBM and had them, in 1957, invent the copier, the PC, software languages, and the internet and email.

    I look at people in ET who have all of these things now and see that they can't get off their asses and polling to make some money. It is the most humorous thing in the world to see these people not ever having seen the markets and not ever having seen step one of learning how to trade.

    Today in 2008, there is a similar thing going on for individuals. they are all sitting there and they do not have any understanding at all of how their minds work and grow. they are complacently sitting on their asses and not making the connections to how their minds work and how they could have money coming out of their ears every day of the week.

    What is the challenge to set up a display and annotate it to be making 5,000 or 10,000 dollars a day????

    To sit on the sidelines year after year and puke out polls instead of learning how to trade is the funniest charade I have ever seen
     
  5. Sounds like you're referring to our resident pollster/genius, rcanfiel :p

    Does he work for the census bureau or something?
     
  6. That's true, very true. And we'd better tell Jack Hershey for that! :D
     
  7. "Start with more money"

    I'm surprised this didn't get more votes - I think being undercapitalized is one of the biggest problems for many new traders trying to make a living from it...
     
  8. dozu888

    dozu888

    wow, most votes for price action.... I am in good company.
     
  9. I remember reading some years ago, that trading success was directly proportional to the size of your account. Theoretically, you could take more shocks. But on the counter, it also makes people take on more risk...
     
  10. .
     
    #10     Feb 12, 2008