YOGA!
When I started understanding that the Reply to the holy grail of trading is looking inwards not outwards... charts and procedure, I would not have wasted 3 Decades of my life
YOGA!
When I started understanding that the Reply to the holy grail of trading is looking inwards not outwards... charts and procedure, I would not have wasted 3 Decades of my life
Personally I don't think you can say for venturing down paths the time was wasted. Most people have to learn by mistakes. We all make mistakes if we would like to admit it or not is another subject all together.
I'd be much further along had I'd have started with the understanding I have today, but everything I heard has taken me to this stage. Why would you need to discredit it?
The point is you need to learn to grow. If something is handed to you or you already had that understanding that the satisfaction of accomplishment doesn't have any meaning.
Becoming a constant trader requires skill and practice, so if I could start again, I would get where I am quicker. I would not go looking for a trading system, I would look for an trading coach. The focus would be to help set the trading business, although the coach would have to have a very clear system as a given.
As the caliber of trainers is really variable, to obtain a fantastic coach I would research which sites appear to be the most professionally respected for directing knowledge to traders, and I would use those sites to loe coaches. I would watch at least 10 different coaches in their training videos that are free to do a comparison of their style of teaching. I would look for their information's quality and practicality, not promises of numbers and systems of pips. I would look for whether they explain techniques for enhancing my trading clinic, not simply simply explaining a trading system - trading is about skill development (which includes plogy), not about pips.
I have been finally getting really nice results because putting into practice the methods my coach has educated me, and I truly envy the traders that discovered him as the first step into their trading career, I know one excellent trader who got to black belt with his training in just 10 months. . .black belt means he is an expert who can exchange styles and adapt his style of trading according to market conditions. It took me years and lots of fruions investment and failures to find a fantastic coach. But it took me 3 months after I discovered him to get profitable - I had been a constant failure.
I would not say there was one technique of his that made the distinction, it was a variety of methods which, once absorbed into my daily practice, such as brushing my teeth each morning, turned me into a successful trader.
Lol well if you have something proven then fair enough. I will state, Simply ninja'ing in line with higher timeframes... you do not believe that in itself doesn't mean it's not gambling do you? For what it's worth, I do not think you have to be in line with higher timeframes whatsoever but whatever... different topic thread.
I also believe that time was not actually wasted doing this, therefore it's all good. I would not spend to much time regarding the way I was thinking, with what I understand.
bottom line, whatever makes you money keep rockin' it...
LOL... I believe I've made my thoughts on this gambling lark quite evident all over the forum. It is betting in it's purest form constantly (but do not tell the pro traders that because they are inclined to get a tad upset). I find, though, that if I ninja in the general direction of the longer timeframes, I have probability in my side.... LOL
P.S. I was just being diplomatic in my previous post
LOL no I disagree tremendously, and together with the whole probability thing too. But we can be friends right?
Ah the perennial question I have attempted to answer for ages.
Now I don't care whether it is gaming or not, so long as I come out ahead.
And that's exactly the approach to get Folks just have a hang up about the term. They associate the term gambling.
And Monroe... you believe I'm gonna drop out with you over a silly word such as gambling. Don't bet on it because you will lose - LOL