Why do newbies lose?

Discussion in 'Trading' started by ninZa.co, Sep 15, 2023.

  1. ironchef

    ironchef

    True.

    Black swan hunting is a low probability game, even for the best hunters.
     
    #271     Sep 20, 2023
  2. Good Morning taowave,

    How are you doing today?

    You are correct.

    I would say I take about 50 to 100 clicks a week, not days. Sorry. I use to take 50 clicks a day.

    Yes sir, I press and click on. Clicking is the only way, for me! I know what the root cause is to my losing and permanent corrective actions and solutions is in place to ban my losing.
     
    #272     Sep 20, 2023
  3. taowave

    taowave

    Care to share??

    Sharing is caring

     
    #273     Sep 20, 2023
    SimpleMeLike likes this.
  4. Sprout

    Sprout


    IMG_5330.jpeg
     
    #274     Sep 20, 2023
  5. Good Morning Sprout,

    How are you doing sir?

    I am just doing what you told me to do sir.

    I have a chart and learning to see to see to learn. Starring at chart and clicking.

    Is that not what you are saying to do? You see we think alike, so why give me hard time? LOL

    upload_2023-9-20_9-3-1.png
     
    #275     Sep 20, 2023
  6. Good Morning taowave,

    What do you want me to share?
     
    #276     Sep 20, 2023
  7. destriero

    destriero

    This thread is another SML cautionary tale… and it’s not even his thread.
     
    #277     Sep 20, 2023
    SimpleMeLike likes this.
  8. Good Morning destriero,

    How are you doing buddy?
     
    #278     Sep 20, 2023
  9. Sprout

    Sprout

    The whole picture includes the missing part with all the words that are not annotated in red.

    It's cool, just having as much fun as you.

    It took me a while to understand where you are coming from. I agree with you, you (in particular) will not learn trading from books. However, you might expand your discernment in evaluating potential educators and/or mentors, systems and methods. Iow, getting a "lay of the land", a map and compass to orient yourself.

    Imho, without education and training, at least to have a framework to compare and contrast with more nuance than "they all lie", you've stacked probabilities against achieving your dream rather than stacking them to support manifesting your dream.

    At some point when is the signal to yourself that your current approach is a fail (if true) and to explore other approaches?

    On a personal level, I had to overcome my arrogance, my unrealistic expectations, my reluctance to submit to time and humble myself to the process.
     
    Last edited: Sep 20, 2023
    #279     Sep 20, 2023
    taowave and SimpleMeLike like this.
  10. hilmy83

    hilmy83

    THis thread is reminding me of Dave Chapelle's skit. Remember Tyrone's intervention?

     
    #280     Sep 20, 2023
    Georpe and Sprout like this.