... they attach to much importance to "Trading Systems".
http://img706.imageshack.us/img706/4343/wuehltisch.png
http://img706.imageshack.us/img706/4343/wuehltisch.png
Another reason why 99% of traders fail 63 replies
The one reason that trumps all other reasons why traders lose 262 replies
The reason why 95% of new traders consistantly lose money 203 replies
Why Traders fail despite of good system available here in Forum?? 8 replies
DislikedYes your signature describes basically the same phenomenon.
Most retail traders just focus on the wrong aspects of trading.
Why? Because they learn it on Trading Forums. Who said that a System
is the first thing you need to profit in financial markets?
Every one just desperatly searches for a system that will get him
into the market at the right time and price.
Kind of remindes me of those rummage tables at Wal-Mart etc.Ignored
Disliked... they attach to much importance to "Trading Systems".
http://img706.imageshack.us/img706/4343/wuehltisch.pngIgnored
Dislikedrather than add to the glut of nonsense, pointless and other dead-end threads taking up both pixel and storage spaceIgnored
Disliked
How many here can say they've NEVER blown out an account, either demo or live. That too is part of the growth process and therefore we must also count ourselves in that 95% that fail.
Just my 2 pips worth.Ignored
DislikedInstead of ridiculing why don't we look for someone to assist or mentor. Put out a helping hand to someone who needs it. What's the worst that can happen...we develop connections that may prove profitable in the end...Ignored
DislikedTjpld.... in your opinion, whats the most important to succeed in trading ?Ignored
DislikedHow dare we look down our noses at people in the trading system's forum....Ignored
DislikedNo dear i dont agree with you...forum does helps people,but one needs commonsense to understand which advice he shud take and which he shud ignoreIgnored
DislikedI disagree, it's not the focus on systems which is the problem, it's the focus on crap systems. But this is hardly unexpected for a site which is basically 99.99% newb white noise.Ignored