There's a lot of topics regarding if trading can be profitable, or full-time, or if it's all just a scam or manipulated, blah blah blah.
Of course some traders lose, some gain, (I'm not using word, 'win.') and hopefully more gains than losses, but that's over a short period of time.
Then there's the psych and emotion thing and how to deal with it. Another ton of opinions exist on this topic also because there is extensive variation in each trader's psych, emo, attitude, ego, trauma, unhealed stuff, etc., etc., etc.
"Let's not argue about who killed who..." Let's get back to the party and find the good stuff. There's a lot of folks posting about theoretical trading belief and you can't argue belief. I like chocolate, no, chocolate sucks, it's vanilla for me, you jerk. Really? How much text can be used up on that? We can power a small town with the furious fingers typing out replies to flames and trolls if we captured that energy. And then there's the thread dictators, my way or the highway, I'll ban you and then also boast about how many I banned and how much of a jerk you are for daring to post in my thread. Ok, that seems a little less than helpful, but I guess if you get off on that, then it at least helps you, dude.
What I don't see much of is traders saying, I lost on this trade, I got stopped out here because of..., and I learned this lesson, and this specific technique worked for me or it's a good part of a method but I screwed it up because..., stuff that you 'are' entering into your daily trading journal that I know you all have and are diligently maintaining and reviewing to remember your lessons.
If you publicly expose your failings, mess ups, and lessons, it just might cause you to focus a bit more on them. Why? Because that's what I do, I put it out there and think, man, I look like crap admitting to that. But it sticks in my consciousness and I definitely remember the fact that, on that particular mess up, I posted that lesson and it burns in that memory, which may help me. The key word here is 'help.' I just don't see much effort going into helpful posts, yes there are many, and I don't mean methods and lines, and theoretical fibbs and level predictions and endless charts that have arrows all over the place, that's fine, but it's not a mistake or a booyah awesomely traded plan with goals either achieved or destroyed due to a trader's performance or lack of discipline to their plan, which is the part I think is most helpful. What did you do, how did you do it, can you be consistent at it, this is the good stuff I do see some of and when I see it, I go, "Wow!" That's awesome and really helpful.
You know who you few are who do this so if you can pop a copy of it in here or link to it, I don't need this thread to be the sole place you post it into, or if you see someone who did post this kind of helpful post, pop a link in here to point us to it. I could care less if this gets 3 posts in 5 years, but the lessons that do exist in various parts of FF are gold. Let's find them, or put em in here if ya got em. I know I have a few. Stay calm carry on posting and good trading.
Of course some traders lose, some gain, (I'm not using word, 'win.') and hopefully more gains than losses, but that's over a short period of time.
Then there's the psych and emotion thing and how to deal with it. Another ton of opinions exist on this topic also because there is extensive variation in each trader's psych, emo, attitude, ego, trauma, unhealed stuff, etc., etc., etc.
"Let's not argue about who killed who..." Let's get back to the party and find the good stuff. There's a lot of folks posting about theoretical trading belief and you can't argue belief. I like chocolate, no, chocolate sucks, it's vanilla for me, you jerk. Really? How much text can be used up on that? We can power a small town with the furious fingers typing out replies to flames and trolls if we captured that energy. And then there's the thread dictators, my way or the highway, I'll ban you and then also boast about how many I banned and how much of a jerk you are for daring to post in my thread. Ok, that seems a little less than helpful, but I guess if you get off on that, then it at least helps you, dude.
What I don't see much of is traders saying, I lost on this trade, I got stopped out here because of..., and I learned this lesson, and this specific technique worked for me or it's a good part of a method but I screwed it up because..., stuff that you 'are' entering into your daily trading journal that I know you all have and are diligently maintaining and reviewing to remember your lessons.
If you publicly expose your failings, mess ups, and lessons, it just might cause you to focus a bit more on them. Why? Because that's what I do, I put it out there and think, man, I look like crap admitting to that. But it sticks in my consciousness and I definitely remember the fact that, on that particular mess up, I posted that lesson and it burns in that memory, which may help me. The key word here is 'help.' I just don't see much effort going into helpful posts, yes there are many, and I don't mean methods and lines, and theoretical fibbs and level predictions and endless charts that have arrows all over the place, that's fine, but it's not a mistake or a booyah awesomely traded plan with goals either achieved or destroyed due to a trader's performance or lack of discipline to their plan, which is the part I think is most helpful. What did you do, how did you do it, can you be consistent at it, this is the good stuff I do see some of and when I see it, I go, "Wow!" That's awesome and really helpful.
You know who you few are who do this so if you can pop a copy of it in here or link to it, I don't need this thread to be the sole place you post it into, or if you see someone who did post this kind of helpful post, pop a link in here to point us to it. I could care less if this gets 3 posts in 5 years, but the lessons that do exist in various parts of FF are gold. Let's find them, or put em in here if ya got em. I know I have a few. Stay calm carry on posting and good trading.
big money makes big moves and then hides during small money chasing.