haha long live the 80s
TAAKKKKEEEE ME HOOOOOOOOOME
Had I was drinking it'd have certainly came out of my nose only now.
I'm still waiting on my A-hah minute. I had a small one but I forgot to write down it.
You do not wake up in the morning and realize you've been blowing off accounts for the last 3 years. Ahaa moments are continual... if you are lucky enough. A number of my'ahaa!!!' Minutes:
- Countless hours of chart analysis do not improve my bottom line.
- My gut feeling is the most accurate leading indior that I will ever find - more accurate than price .
- The trend'really' is my buddy.
- The books were right about everything on the display going into slow motion when your in tune with the market.
- I get far better results once I allow myself the opportunity to be wrong.
- Every time I speak with my peers regarding the incredible day of trading that I just had, I give it back into the market double that number the following day.
- that I was never able to find'the machine','the machine' found me.
That last one really put it into perspective. The old expression about'find your character' is not apparent. That is why a lot of jump from one system. The chances of finding' is not likely. Gained knowledge of market related material will be filtered though the self (character ) and applied by itself. Heavy maaannn.
P.S.
Someone ought to begin a thread regarding the turning point that motivated the trader to his current obsession. Also referred to as Catching the Bug.
MM
My aha moment came when I browse Bird watching in person country although this might seem like a infomercial. I gained a new perspective on everything and trading just seemed to make sense. Funny'cos I don't use anything near the method described in the publication. You really go out and simply get over talking about trading and do it.
As soon as I found out that I dont have to watch the market all day long to earn money...
Nice thread!
Once I realized that:Instead of leaping from 1 system into another, I need to return to work and make MY system. The Trader is much more significant compared to System. Timeframes make the trader . Time is as important as price.
Another ahaa! Second as a intraday trader, was to stick 100% to London session. I used to also attempt to trade off peak hours and I would lose more trades than not. After several months I understood my specific trading style sticks off market momentum and requires an alive'n'blowing market. If the transaction doesnt take off my leadership within a short time period and butts round the entry level, I've noticed that my chances to score a loss multiply. That's why NY and Tokyo dropped and now that I trade the first 5 hours of London.
I also agree with few points being said above:
1) Being in the front of the display 24 hours wont earn you more cash.
2) The trader is quite a bit more important than the system. Someone said to me once that there are successful systems than traders, and it's totally true.