When you first come to FF you are over whelmed by all the trading systems available. It seems everyone has one at least for a while. As a newbie its so tempting to try them all then begin to take part of this one and put it with the other part of that one. you can find yourself trying out systems that may or may not be any good and along the line picking up bad habits.
One thing I have noticed those who started the threads on "their" system are not now the ones answering all the questions and taking the lead on directions. Some have gone on, may they rest in peace, others have gone on to other systems and yet others have quit.
Some systems started off as one thing and ended up looking like a plate of spaghetti.
As a newbie you try one system it seems to work, then for some reason down the road its not working anymore of course its not me, that's the problem, the system changed some where, some how .
The frustration and confusion reminds me of the old commercial, "Calgon take me away!"
So to combat this in my life I have decided not to follow any more of these systems but to try and find out what works for me out of what I have learned over the 2 years I have been trading, and NO I am not successful, not yet. To me to be successful is when I have replaced my income, which was $75,000 back in 1996 when I got sick and lost my job, so my wife who has been working so hard ever sense, can stay home if she so desires. This is my success. I will reach it, I will achieve it, I know the risks, but the rewards far out-way the risks in my book.
Please don't take this post as a complaint about all the systems on FF. FF is a treasure trove for traders. I have paid for services and I have learned more off this website then any service I have paid for and some of those where in the hundreds ea. month.
One thing I have noticed those who started the threads on "their" system are not now the ones answering all the questions and taking the lead on directions. Some have gone on, may they rest in peace, others have gone on to other systems and yet others have quit.
Some systems started off as one thing and ended up looking like a plate of spaghetti.
As a newbie you try one system it seems to work, then for some reason down the road its not working anymore of course its not me, that's the problem, the system changed some where, some how .
The frustration and confusion reminds me of the old commercial, "Calgon take me away!"
So to combat this in my life I have decided not to follow any more of these systems but to try and find out what works for me out of what I have learned over the 2 years I have been trading, and NO I am not successful, not yet. To me to be successful is when I have replaced my income, which was $75,000 back in 1996 when I got sick and lost my job, so my wife who has been working so hard ever sense, can stay home if she so desires. This is my success. I will reach it, I will achieve it, I know the risks, but the rewards far out-way the risks in my book.
Please don't take this post as a complaint about all the systems on FF. FF is a treasure trove for traders. I have paid for services and I have learned more off this website then any service I have paid for and some of those where in the hundreds ea. month.
When I Buy Price Short, When I Sell Price Goes Long.