What was the ***last*** thing you had to master before becoming profitable?

Discussion in 'Psychology' started by Kovacs, May 27, 2009.

  1. ybfjax

    ybfjax

    Thanks.

    The spell check i messed up. I meant expatriate. or expat for short
     
    #91     Nov 10, 2010
  2. Torseaton, I agree with you on this. However, I have only tried this in paper trades, by buying a large volume of shares and running for $0.10-0.50 profit. On paper it is working well for me; doing this with real money is, however, a whole different issue.

    Have you traded on margin, in this fashion, and been successful?

    SN
     
    #92     Nov 10, 2010
  3. magix3d

    magix3d

    cutting losses...cutting loses.

    letting profits run.

    emotions is the main thing. I'm always working on this. - read TRADING IN THE ZONE BY DOUGLAS
     
    #93     Nov 10, 2010
  4. lxor

    lxor


    Here is my system:
    if post date - registration date < 3 years
    then don't waste time reading the trading related opinion.
    (the most valuable info usually comes form people predating me)

    How do I know the system is working? Occasionally I break my own rules, however 2- 3 sentences in I realize the mistake.

    How did that saying go?
    There are no old bad traders.
     
    #94     Dec 28, 2010
  5. Arnie

    Arnie

    There are old traders and bold traders, but there are no old, bold traders

    http://www.barrypopik.com/index.php...ld_traders_but_there_are_no_old_bold_traders/
     
    #95     Dec 28, 2010
  6. henry76

    henry76

    except the little known Warren Buffet and George Soros
     
    #96     Dec 28, 2010
    CSEtrader likes this.
  7. ammo

    ammo

    when they are all moving together in one direction, all in agreement,then there is a large buy in or liquidation going on,testing supp/res on multiple markets and breaking,or all reversing,large tick moves,large up/down imbalance ,large moves in the leaders
     
    #97     Dec 28, 2010
  8. The last thing was to stop wasting time on these chat boards.
     
    #98     Dec 28, 2010
  9. the1

    the1

    Myself. Read "Trading in the Zone," by Mark Douglas, eat an <b>extremely</b> healthy diet and avoid sugar like it's arsenic, get plenty of sleep, plenty of exercise, and perhaps above all, learn to meditate. I've worked with many wanna-be traders over the years and very few will commit to doing all of these things, especially the meditation part. If you are willing start here:

    http://www.yogananda-srf.org/tmp/meditation_notitle.aspx?id=1719

    If you follow these recommendations I can promise you it will be a life changing experience. If anyone is serious PM me because this is the tip of the iceberg.
     
    #99     Dec 28, 2010
    wlnd and CSEtrader like this.
  10. shakira

    shakira

    So all the posters in this thread are big winners and their advice worth every second wasted on reading it?.

    I wonder who pays for their wins.
     
    #100     Dec 28, 2010