[arsa]

I think what he meant by not looking at other strategies that you don't switch them when it happened when one started. You just get better and better with it.

And in time, yes, why not to look at other good stuff or exchange ideas with some other trader.

Its difficult to discuss such things coz everyone has point of view and we talk very general, so there might be too many interpretations...

[gintaras123]

Don't use indicators, price action only.

[Razor_trader]

Originally Posted by aediaz1

That's some of the best ways to exploit leverage in your favor, IMO. I do it myself :=)

Thats just smart business IMHO. You get no added reward by having your entire bankroll with your broker besides have them salivate over what they expect to have in theres (this is true for most traders). I dont see any need to have more than needed to give adequate cover of margin, and in the end if you need to add some more then you can do at the press of a button.

It is one of the smartest things to do, as with withdrawing what isnt required with the broker.

Razor

[silverheat]

Originally Posted by Mr J

• Other/new strategies doesn't interest you at all

Why shouldn't they interest me? I would think it's very healthy for a trader to have an open mind.

how i think he means it is like you found your method and you are not on the search for a better system (holy grail) anymore, more on the journey of improving yourself on a day to day basis with a method that works for you

Originally Posted by Mr J

• You don't care about other's point of view regarding the market

Know thy enemy, information is power, etc.

and here i guess its more about self confidence, you can see that you are not confident with your decision if you are searching for other peoples opinion after you went into a trade, i.e. hanging around threads named by currency pairs

Originally Posted by Mr J

Some like to just perform tasks robotically, others like to be challenged and forced to think.

i didnt mean in like that, i mean it like you know what you doing, even when i wake you up at 3 o clock in the morning. you dont have to think about it, or do you think about where to put the toothpaste? do you have fear when you put the toothbrush in your mouth? while brushing, do you search threads on brush-factory.com whether you are doing the right thing? are you on the search for the perfect procedure to brush your teeth?
no, you do it naturally, because you have thousands of hours of screentime

[Sauron]

There's only one healthy sign:

After one year you have at least 20% profit and the biggest drawdown is less than 20%.

[Acrita]

What you see/interpret from a chart/macroeconomics successfully, cannot be explained nor understood by any others than yourself

What you see/interpret from a chart/macroeconomics successfully, cannot be explained nor understood by anyone, EVEN yourself

[Mr J]

Originally Posted by silverheat

i didnt mean in like that,

Okay, I thought you meant it as a mundane task, rather than something that just comes naturally.

[Jhig]

Originally Posted by jtrade

* no interest in reading retail fx forums...

I second that!

[Jhig]

Originally Posted by Agro

Cannot fathem how people will use 400:1 leverage on their entire bankroll and expect to be in the game more than a couple of days.

That will changed on November 30

[smittens4212]

Originally Posted by arsa

Its difficult to discuss such things coz everyone has point of view and we talk very general, so there might be too many interpretations...

Biggest problem with threads in FF?

Speaking with authority on something (trading) that has none.

Too many people speak as if they know the one true way. You can't use indicators, you can't trade on small timeframes, you need this risk/reward, you need that % return, etc. Except that there's plenty of people who make money using indicators, there's plenty of people who scalp 1m or even tick charts, there's plenty of people who make money on a 2:3 risk/reward, etc.

It still makes me chuckle every time I see another tdion thread telling me that "THIS is the only way to trade" when the dude hasn't even made money yet.

[silverheat]

another classic for the discretionary or bored trader

• when you look for reasons not to enter a trade

[Acrita]

Originally Posted by silverheat

another classic for the discretionary or bored trader

• when you look for reasons not to enter a trade

Yeah, true! Agreed!