"Men of success meet with tragedy. It was the will of God that I won the Olympics, and it was the will of God that I met with my accident. I accepted those victories as I accept this tragedy. I have to accept both circumstances as facts of life and live happily."
Sounds like the Zen of the Holy Grail Would you care to elaborate on that? - trade without stops? - enter random? - average down? - don't set targets or make predictions? Thanks
i dont post a lot in this thread but i do read it constantly. something that i wont go into too much detail about is that this thread actually is similar to the market. TO is the initiator of lots of response like big money hitting the market. Once he posts, from there everyone jumps in and goes back and forth and around and around talking about things that are not relevant to his post. I do it myself a bit so I am not pointing. We are all trying to find our way in our thought process. Then when the thread goes too far off track TO will add something and off we go again and take the thread into areas with no value. I think we would get the most of what he and a couple others have to offer if we really put work into what he has written and then offer that up prior to his next post. Right now, the market noise (us), is what keeps us in this range. On a side note, I have reread this thread many times and I keep seeing different things that connect more and more dots. I would recommend reading it over and over as there is more in these messages than face value.
The trend for SLB was down for several days. Today there was a gap down, and rapid fall and then rise back up. I figured that after the fall back to the open price after 2pm a long trade was worth a try. It was working OK for a while but failed at the rapid fall back to the open price and was stopped out near the red arrow. I quit for the day at that point and missed the large move up. I've no idea what caused that as there were no announcements that I was aware of. Usually this site helps me be prepared for times when announcements may disturb the markets: http://www.forexfactory.com/calendar.php
well said MN..but one has to learn how to crawl before one can walk..that is the way life is..and will always be
whilst you are correct RD..the reality is such that it is very hard for most to comprehend the difference between a good loser and a bad loser..both are losers..but one will be also a good winner..the exact opposite sometime we say..why the fuk don't people just get it..for is is so apparent when u know what it is all about..but..we tend to forget that we too were once part of the group that did not understand..and it took a lot of time and effort..and many losers and winners..to get to the stage where u can wake up every day..and say..i might do a little trading today anyway..not to make anyone feel like a bit of a fool..as it is very easy in this day and age with this stupid internet crap..the truth is that anyone with a half decent brain can make money trading..but only if they are willing to accept some simple facts and apparent truths..and that..well..will be known to those who have been able to change they way they think and perceive what is actually going on in the world around them TFF is not out to belittle or cut down anyone..far from it actually..we are just sharing some experiences with the general public..and..if someone wants to act wisely..then they can make use of what we say..for.. a wise man learns from the mistakes of others..a fool learns from his own mistakes TO