Your most valuable lesson

Discussion in 'Trading' started by John9999, Jun 5, 2018.

  1. If you think you've found a solid method, trade very small size through different market conditions, but do not get greedy and increase size until so. Odds are the method will break down and you'll have to tweak the method or completely eliminate, but that's o.k. and is part of the learning process to ultimately getting to your edge. This however takes a lot of patience, but will SAVE YOU A LOT OF MONEY!!!!!!!!!:)
     
    #51     Jun 12, 2018
  2. rybe

    rybe

    blocking out the noise is important but I'm all ears for people that can contribute to learning
     
    #52     Jun 15, 2018
  3. themickey

    themickey

    When I read this I thought it was not worthy of a reply and so, yeah, in this instance, not gonna contribute to maxinger's learning.
     
    #53     Jun 15, 2018
  4. Agreed. If you already have good intuition, then listening to others is futile.
    Look at the recent moves in the copper market.
    Everyone was bullish...then WHAM, Trump goes tariff-crazy on China...and the break-out to the upside is thwarted.
     
    #54     Jun 17, 2018
  5. Carlll

    Carlll

    Trading keeps teaching you with the passage of time. I have learnt a lot of things from the demo account as I always try new things there. I think believing in your skills and a good money management technique are necessary elements for becoming a successful trader! Stay blessed!
     
    #55     Jul 1, 2018
  6. That's true and good one. I can see that you're well-matured enough.

    From my experience, no one is going to stop making mistakes. We are 100% human and we are allowed to make mistakes. But the major difference is that you have got to make less mistakes. But fewer mistakes may be done by robotic discipline.
     
    #56     Jul 2, 2018
  7. Well said. Listen to what people have to say but apply your brain also. That is more important.
     
    #57     Jul 3, 2018
  8. index.jpg
     
    #58     Jul 3, 2018
  9. ironchef

    ironchef

    I cannot avoid the inevitable end so winning or losing are not the endgame, life is a relay and the best I can hope for is to pass the baton off to my offspring.
     
    #59     Jul 4, 2018
    birdman likes this.
  10. fx$esm23

    fx$esm23

    Don't be greedy while trading Forex, this is the most valuable lesson i have learned so far.
     
    #60     Jul 5, 2018