To be banned is an opportunity for a new persona to emerge. I've lost count of how often he has done this here and on T2W.
I haven't been on this forum in 9 months, but pages 450ish to 470 were a blast. Hi JS, Hi RN, Hi OP (still waiting on that job offer btw) This will be my biannual PSA: THESE PEOPLE ARE FRAUDS. DO NOT JOIN ANY PRIVATE TRADING GROUPS HOSTED BY THEM. YOU ARE THE PUMP AND THEY ARE THE DUMP (if you don't know what a pump and dump is I highly encourage you to do a Google search)
Very sorry to see JS go. He may have been a bit sharp at times but I, for one, appreciated his directness. It's partly though his encouraging words that I am seriously considering giving trading another go. I won't describe the approach I'm contemplating because I don't want any feedback, good or bad. (That's something I learned from this thread; think for yourself!) However, if I do go ahead, I'll come back at some point and report how it worked out. TTFN
This is a great question in my humble opinion. Bringing up "this is the text book on how to look at/perform X" should always be listened to and payed respect to both when just starting out learning and when experienced. They are there for a reason, same as cliches. Why ? Well, like them or not, cliches stay true through changes. It's easy to forget though that we are all different, and it is perfectly ok to stray from the textbook and cliches. This is especially important to be aware of since markets are always unique and never the same. It requires humility both ways. Humility in listening to experience from others when you are new to trading but also to stay humble when experienced as a trader since things always change. The only constant I'd say is that things are always in flux, always changing. In my humble opinion, in position sizing as in all aspects of the trading profession, finding your personal style/groove is the most important skill to learn followed closely by humility. ..but that's just my opinion, at this point in time. /Robert