Hi Anthony,
Sorry to hear about that DD.
Like Aussi, I would like to see your answers.
George has recently put up some posts that I wonder if you have understood how important they are.
For example he does not have a target set for the trade/trades.--From what I understand you expected a target to be met--Do I have that right? apologies if I am wrong
He does not use any Indicators.--Did You?
He uses Price Action--and I have great faith in that concept.
The big question is how do we learn how to do that.---He says the Journey Continues---so round one knocked you around a bit---Round 2 coming up.
In one of our previous discussions you told me you knew that the market would "TURN UP" and give you the expected profit, you wanted, albeit at that time in a negative trade. As it turned out you were dam lucky, and have been for some 100 odd trades.
I sincerely hope that you now understand (after a $20,000 drawdown) that you and all of us in trading for a living CANNOT----REPEAT CANNOT---forecast what the market will do,
There is only one person who could forecast the future,and they:-
"NAILED HIM TO A CROSS"
Have faith my son, enjoy your weekend, and as you said, with all the help from everyone here, hopefully you will survive Round 2.
All the best m8
ps
i recall a comment you made in which you admitted that you have never read 1 book on trading---I find that amazing that you would pit your many talents up against Companies, Banks, Institutions in the trading business who have vast sums of money, thousands of people employed to analyse markets 24/7 and access to information that we as individual traders may never see.
You could minimize all that by having a Bloomberg Terminal--with the associated significant monthly costs and a minimum 2 yr contract-----BUT would all that information make you successful--I do not believe so.
Sorry to hear about that DD.
Like Aussi, I would like to see your answers.
George has recently put up some posts that I wonder if you have understood how important they are.
For example he does not have a target set for the trade/trades.--From what I understand you expected a target to be met--Do I have that right? apologies if I am wrong
He does not use any Indicators.--Did You?
He uses Price Action--and I have great faith in that concept.
The big question is how do we learn how to do that.---He says the Journey Continues---so round one knocked you around a bit---Round 2 coming up.
In one of our previous discussions you told me you knew that the market would "TURN UP" and give you the expected profit, you wanted, albeit at that time in a negative trade. As it turned out you were dam lucky, and have been for some 100 odd trades.
I sincerely hope that you now understand (after a $20,000 drawdown) that you and all of us in trading for a living CANNOT----REPEAT CANNOT---forecast what the market will do,
There is only one person who could forecast the future,and they:-
"NAILED HIM TO A CROSS"
Have faith my son, enjoy your weekend, and as you said, with all the help from everyone here, hopefully you will survive Round 2.
All the best m8
ps
i recall a comment you made in which you admitted that you have never read 1 book on trading---I find that amazing that you would pit your many talents up against Companies, Banks, Institutions in the trading business who have vast sums of money, thousands of people employed to analyse markets 24/7 and access to information that we as individual traders may never see.
You could minimize all that by having a Bloomberg Terminal--with the associated significant monthly costs and a minimum 2 yr contract-----BUT would all that information make you successful--I do not believe so.
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