The NO. 1 Secret Of Success In Trading

vincentnyc · Mar 12, 2018

GlobalMacro90 said:
First I’ll say, there is not only one (or even a couple) methods that “work” in the market. There are many ways to skin a cat, the trick is finding a method you believe in and works for your set of beliefs. That being said, the method also needs to have an edge. But all this talk of “I let my profits run” vs “I give my losers a bit more time” or “Technical analyst guys do X which is wrong” vs “I only look at charts which is the right way” is all misguided in my opinion. Everybody evolution will be different, just b/c people do different things (even if they are the complete opposite) doesn’t mean one is wrong and one is right. There are "right" things for certain personality types and different "right" ways for others.

I will say though, you can tell the level people are at many times by how they speak. I look at longer term statistics in my trading (rolling sharpe, rolling MAR, rolling sorentino, etc). I know focusing on those, and controlling risk, will work wonders over time, assuming my methodology has an edge (which i satisfied myself that is does through long term backtesting). People that talk about how they made $100 bucks in 10 minutes shows they haven’t leveled up yet IMO.
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Bam another $70. 2 trades and 2 winners so far today.

volpri · Mar 12, 2018

vincentnyc said:
I also made $500 in 5 minutes last Friday. How u like them apples?
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Peanuts

volpri · Mar 12, 2018

vincentnyc said:
Bam another $70. 2 trades and 2 winners so far today.
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More peanuts

jinxu · Mar 12, 2018

vanzandt said:
Start a journal and post a few of those trades. Sounds like you're on a roll.
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$100 and $500 is kind of chump change in the current market volatility. Really isn't much of anything to brag about. I'm thinking OP is some sort of Narcissist.

volpri · Mar 12, 2018

Go vincente go...

volpri · Mar 12, 2018

Vicente what shall we call you?

vincentnyc · Mar 12, 2018

volpri said:
Vicente what shall we call you?
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Call me rainmaker. Lol

vincentnyc · Mar 12, 2018

jinxu said:
$100 and $500 is kind of chump change in the current market volatility. Really isn't much of anything to brag about. I'm thinking OP is some sort of Narcissist.
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Ok. How much u made today?

volpri · Mar 12, 2018

vincentnyc said:
Call me rainmaker. Lol
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I was thinking more like “the peanut farmer” or the “grim reaper”???

volpri · Mar 12, 2018

Well i do have to say a few peanuts are better than a bag full of rotten pecans.