VG point RW Money management is a pre-requisite to making GOOD money, but it WILL NOT in itself make you GOOD money, in fact, with the best money management approach in the world, if you don't know what needs to be done, then, it will only be a matter of time before you lose all of your money, like most do:eek: TE
BEWARE the SOOTH SAYERS Here are some facts. The more you trade, the better you SHOULD be getting, if not then you must STOP immediately and KNOW why YOU are losing so much trades:eek: It is VERY OBVIOUS, that the better YOU get, the more trades YOU will get right, but, YOU must fully understand and ACCEPT, that, every trade is a loser, no matter what YOU might think. Pattern recognition will work at times, in the same way that most people find themselves doing the same thing over and over. This is called Habitual Activity, or HA for short. However, this in no way implies that previous patterns will be repeated at ANY time, and, as most spend most of their time trying to predict what might or might not happen, then, is it not OBVIOUS what might ACTUALLY happen I will not insult all of your intelligence, for, of course YOU must have an edge that will allow you do what others are not doing, but, to develop that edge YOU must first understand and practice some very BASIC concepts, for, without same, the OBVIOUS will never be known. TE
The key point that is emphasized in this thread is that the normal path of most traders' education and learning, reading books, using commonly accepted logic, trading techniques, tools, etc are wrong. You have to be keenly aware of that fact and counter act on it to be profitable persistently.
Seems weâre back in business â Sweeeet!!!! TE, A little something for you (I thought of it and you today as things were working quite GOOD) And I was but a beagle⦠btw - watch the first 30 seconds â very apropos I believe http://www.youtube.com/watch?v=qOvDsftwD4A&feature=related RN
Brilliant RN I like these 2 the best I think it is time for some serious trading material, but , I also have a feeling that anything of real value will be in pdf format, and not every Tom, Dick or Harry will be able to guess the passwords Many think that 2%-5% per day is not realistic, well, lets just say that many are, as usual, wrong TE of TFF
ONE of the KEY points is that the majority do not know how to use their brain CORRECTLY, and, the main reason WHY, is, because, they have been TAUGHT by so-called TEACHERS who know absolutely nothing about... How To Teach Correctly I am considering starting a new thread called.. The "F" Word - How to Dramatically Improve Your Trading Now, this will be very controversial, and might be even moved to chit chat, or wherever, but you might be surprised at the results, for, if you have seen Hell's Kitchen, you will know that the s.h.i.t head Ramsey is one Mother Fuker I think you NOW know the theme of the new thread TE
Trading is like swimming with sharks. But you want to ensure you are the one with dark eye glasses: http://it.people.com.cn/mediafile/201005/27/F201005271422322939220736.jpg