Secrets to success in trading

Discussion in 'Trading' started by jharmon, May 17, 2018.

  1. Cswim63

    Cswim63

    My trading got better and I became less prone to overtrading when I started posting my trades in ET.
     
    #151     May 24, 2018
  2. Cswim63

    Cswim63

    Another thing I learned was called "Going to the well once too often." See above re: Obvious Trades.
     
    #152     May 24, 2018
  3. Cswim63

    Cswim63

    If you want to know how we think, watch the scene called "So you're saying there's a chance" from the movie Dumb and Dumber.
     
    #153     May 24, 2018
  4. smallfil

    smallfil

    Wow. To think she would have made a killing had she bought put options on Bear Stearns. That would have put thousands of dollars in her pocket. When it gapped down, that gain on the put options was huge!
     
    #154     May 24, 2018
  5. smallfil

    smallfil

    Never had a mentor so, had to learn everything all by myself. Made a lot of mistakes and learned from them. Learned risk management which is the most important thing to learn for any investor or trader. I taught myself how to trade options. Now, directional options trades for me most of the time.
     
    #155     May 24, 2018
  6. Cswim63

    Cswim63

    By then she was on to the next conspiracy theory. It's not that her information was bad, she just had too much of it.
     
    #156     May 24, 2018
  7. smallfil

    smallfil

    Will definitely, watch that movie. You mentioned gratitude, do you believe in The Secret and the Law of Attraction? I do!
     
    #157     May 24, 2018
  8. Cswim63

    Cswim63

    Well, kinda the same for me as far as trading. My mentor taught me how to think, he taught me a way to think that made it possible to disregard or unlearn all the crap I learned in school.
     
    #158     May 24, 2018
  9. Xela

    Xela


    LOL - I don't disagree with you at all, needless to say; but when I tell people that they're maybe ready to trade a funded account after they've at least doubled a demo account twice, each time over a minimum of 300 consecutive trades, they typically laugh at me and think I'm being far too demanding and pedantic about it. "Just saying" ... [​IMG]
     
    #159     May 24, 2018
    murray t turtle and Handle123 like this.
  10. Cswim63

    Cswim63

    I've only just heard of The Secret. But as far as Attraction and manifestation, of course. I don't do enough work along those lines. The best example I ever heard was the late Jimmy Sloman and his experiences coming to Chicago to trade. I got to work with him at a Van Tharp seminar back in 1991. He gave a talk about his Chicago experience. It's on the internet, maybe Youtube.
     
    #160     May 24, 2018