It really is funny how people struggling and seemingly eager to learn simply do not give a shit about risk. It's lieterally the last thing they care to understand
A priori, there is no such a thing as a bad or "good trade". Those are just guesses based on nothing. You need to understand the bigger picture of your strategy, which that trade is part of.
%% Good. And another trader put it like this, today ,'' noise is not your friend. '' As important as risk reward is; perfect risk with noise is still noise.
Seriously. Trading is a tough thing to excel at. I seriously doubt an internet forum will give much beyond the basics.
Seriously!!. Just having to rationalize your decisions to someone else, take responsibility for your actions, is a great motivator.
Not true. You just have to spend the time to look. Instead of opening new threads on how do I trade, why not search through ET for the some of the systems that have already been explained on over 400 pages. Or just buy some trading books. Do you think a Doctor just goes to some medical forum and says can someone teach me for free to be a doctor. Or do they read a few dozen books, go to school, pay for school and get a degree.
It also depends on whether you are actually being able to absorb more than the basics. Sometimes people are just not ready to grasp things that are told to them, which may become obvious much later in time.
"Teaching someone to trade is the hardest thing to do." You burn up hours upon hours but the student never listens, is hard headed and butts head with you. How do I know? I am still trying to mentor my friend. Unfortunately, she will not do what needs to be done. She follows my trades and now, makes some monies. However, she cuts positions too soon due to panic and not understanding what is happening to the stock. Two profitable trades wasted. She made $75 a piece on 2 trades that are highly profitable. I made $830 on one and $1,500 on the other. Told her that had she held on and followed my lead, she would have made decent amounts on two trades. Such a huge waste of my time and effort. I am never doing it again ever.