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Hi and all,
Is there a particular pages within this thread I must begin reading in order to acquire some insight into this method? I know you have said that since starting this thread you've shifted focus to hire time frames and have also read Kenneth's PDF and began studying his thread as well. The issue is they are both countless pages. I'm not asking because I'm too lazy to browse the whole threads but rather I want to be effective in attempting to find out itThanks!
Also for your weekend pleasure...
http://player.themoth.org/#/?actionT...LAYstoryId=971
Podcast by the Author of this book she did years ago, soon after winning the World Series of Poker. A great few minutes.
Saw something that someone posted on a different thread that stirred my brain cells to consider precisely the exact same stuff now.quote I remember that one. .Trading is so much a challenge of keeping up the ideal plogical perspective and attitude. Sadly, I look upon those who criticize, demean, and go after somebody about their ribbon, my easy counsel = You might want to consider another endeavor. If one cant get from their way that they will never become successful. Why do you believe some many fail? Their desire to be appropriate vs their requirement to become profitable clouds that the capacity to see the actual matter. It all between the ears. There are lots of great methods...
I dare say, many traders, particularly new to the scene, can't deal with a 50% win loss ratio emotionally. Especially is there's a number of losses that are straight. Yet this is exactly what a trader needs to learn the most. I don't think that you can learn it by a ribbon.
Reading an awesome book at this time.
She create a contrast between Chess and Poker.
You can teach a newb for 5 minutes how to play Poker and they can beat a professional Poker player to your first few hands, simply by the luck of the draw.
You cannot teach a newb how to play Chess for 5 minutes and have them beat a Grand Master. The Grand Master will ALWAYS win. Life and trading is more like Poker. However traders believe trading is similar to Chess.
This was an interesting book to go through. I am certain others will find it interesting also.
I understand one trader who's winning percentage is about 40%. How would like to lose 6 straight. This traders aim is a 4R. Plogically we are beat if we focus on the losers and not on the process. One simple thing that may help some. All trades that come a loss up are Failed trades if you're following your trading plan. Not losers.
Life and trading is similar to Poker. As the song goes. . .You gotta understand when to hold 'um and know when to fold 'um. Know when to walk away and know when to run.
I remember that one. .Don't forget who went unquestionably into rage manner when confronted him in his thread.
Trading is so much a matter of keeping up the ideal mental perspective and mindset. Regrettably, I look upon people who criticize, demean, and go after someone about their thread, my simple counsel = You might wish to think about another endeavor.
If one cant get from their way they will never become successful. Why do you think some many fail? Their need to be right vs their requirement to be profitable clouds that the capacity to observe the actual matter. It all between the ears.
There are lots of great approaches out there, implementing them profitably is the true challenge. If one emotionally does not get it, then they will never become profitable. Case in point: Most can not cope with a 50% expectancy technique. It is plogically over whelming. Why: The opinion is one of loss vs risk management. However, a few of the most celebrated traders operate at this level of expectancy. Would you sit through the pain in order to be profitable? I will argue nearly all cannot.
All threads have worth... HUH ?? Some will instruct you what exactly does not work for YOU. Some will instruct what will work for YOU. Look for what YOU could have the ability to take from any given thread. Utilize this info to your advantage. Resist the temptation be critical. It is a waste of the time and can your mental perspective and mindset ZERO GOOD. It will take all of your cash to be certain.
Simply an observation.
TSD
Do not forget who travelled definitely into rage manner when confronted him in his own thread.
Traded the next QM about the chart. The lines on the QM's I call a whipsaw engulfing pattern; they occur. They're a masterful way of clearing orders.
Lol, not quite as volatile as a member of Red's rages, especially if he'd had a lot of Krakens.quote It's Contained....
Classy!quote Contemplating the threads you are subscribed to shows how clueless you are. Have you traded time that was full before? Perhaps you have even opened a live account? I bet you can not even grow a demo account. Why don't you go quit your job, stick your lifetime savings in and see how nicely you along with your copy paste system such as the DIBS method.Or even better, go suck on a dick. I've nothing. I am still implementing precisely the very same concepts in a different arena that allows me function abound a full time job managing an IT...
It is not great once the creator of a thread abandons the egy for weeks. This tells me that the egy isn't very profitable. If it had been profitable then there would be no reason to take weeks off from Forex.Nice work guys, keeping things moving.
A couple of months ago I loathed the notion of cryptos and believed them bubbles and ponzi schemes, but I now completely comprehend the worth of a decentralized peer to peer digital currency.
Cryptos will never replace the inherent value of gold, but gold can never be decentralised in a digital form. There would stay a 3rd party required to shop and vault the physical metal.
Instead I don't think traditional blockchains such as Bitcoin are the solution either. They are costly, slow and resource hungry because of mining requirements. There is a hell of a lot of politics going on surrounding Bitcoin, Blockstream, the 1mb block dimensions and the lighting network which is the suggested scalability fix.
It's fascinating stuff and we are only in the very early days of global currency reset that's presently in motion. It's a race to get digital currency adoption and things are evolving quickly.
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