- aka Neal Vanderstelt
- Last Online:
- Using Local Time:
- Joined Forex Factory:
- Oct 2008
- Trading From:
- United States
- Trading Style(s):
- Technical Analyst
- Other Markets Traded:
- US Equities
- Other Instruments:
- Options, Futures Options
- Favorite Trading Book:
- Too many to list
- goal #1 not to break trading plan under any circumstance.
goal #2 learn to deal with losses that happen do to the law of averages. * in other words: you can't win every trade.
goal #3 exercise extreme discipline.
goal #4 exercise extreme patience.
goal #5 lock in profit, increase trade size as account gets larger.
goal #6 financial freedom, house on the beach.
**An overbought market is just another way to say it's an uptrend.
**An oversold market is just another way to say it's a downtrend.
**When all else fails it's a range.
**A person that doesn't set long and short term goals is just a wandering walker in life.
**A professional trader is an amateur who didn't quit.
**Yes I trade live account.
**No I don't care what other traders think. I trade for myself not for them.
**My advice to new or unsuccessful traders - You can't coast in Forex and expect to be successful. 100% is a losing effort in Forex - you need to go beyond what is expected and give 100+ percent - even then many fail who gave their all and then some. This isn't for everyone - if you aren't meant for forex - just think what you could have done with this time.
**How we deal with failure is more important than how we deal with success. Achievers achieve success by how we deal with failures.
Neal Russell Vanderstelt