Hi all,
I am not the oldest nor most experienced trader on FF but I've amassed considerable experience in trading thru years and years of hard work. I believe I am qualified enough to give some advice and pass down my experience to my fellow traders. I'll talk here about 'Simplicity' and how can we apply it to our daily lives (specially in trading). Bruce Lee once said "Simplicity is the key to brilliance". I believe trading and martial arts got a lot in common, but I won't get into details about this kind of comparisons.
If Bruce Lee was still alive and wanted to get involved in financial markets, he could've been one of the greatest traders of all time, if not the best of them...Do you know why?
Because he knew the secret to ultimate success; He knew how to find order while others found chaos in a very complicated field like martial arts. The same mindset could be applied to any other field in life and leads you to ultimate success...It's very easy to find thousands, even millions of fools trying to complicate/exaggerate/ make up concepts or even state the obvious, but it's very rare to find someone took the courage to go into the opposite direction to simplify those concepts or ideas. Forex Factory is sadly full of this kind of fools. Everyday, I find a couple of new useless threads, adding nothing to me nor to my fellow hard-working traders, but a waste of our times.The real question here is... Why do those morons feel happy or superior when they complicate things?
There's no straight answer to the question... Based on my own experience, I guess they're satisfying their own egos. Maybe a lack of self-confidence in their abilities that they feel the urge to always prove themselves to others or get validated by FF community. They talk about complicated things/strategies/made-up funny names to their trading methods ( as if they've just discovered the secret of life). Last but not least, maybe they're doing this to compensate for their own failures or phony martingale/naive cross-over methods that do not work. Maybe they're deluded or mislead by the delusional western media ( adopting the same philosophy in their work; The more complicated it seems, the better they think their image will be in front of the sleeping masses).
Obviously it's a social, economic and even political trend nowadays to be leading a complicated lifestyle. People have forgot their roots, we're still human beings even if we can make extremely complicated AI systems or quantum super computers. We need to get back to our old roots/origins; The simple happy life. I know..I know...a lot of people here might disagree with me. Please bare with me as I can't write everything I have on mind in one post or one page.
Feel free to share your ideas/opinions without insults or hatred please...Let's keep it simple and clean.
Let me give you an example to better illustrate my point and how it could be applied to any business:
We all know how big Coca Cola is in terms of assets under their disposal. They have one of the best marketing teams in the world and been in business for over a 100 years. They spend millions on R&D to improve the quality of their products yet if you take a deep look on the Coca Cola bottle design and the original Coca Cola taste, you'll find it's almost the same since as far as I can remember...They rarely make changes to bottle design ( the curvy bottle design) or logo color (red) or the taste of the original formula ( although they might add some new products to generate more income), but you'll also find the original Coca Cola taste is the most liked/popular among consumers ( not the flavored cherry coke)...That's the power of simplicity; a product that consumers can comprehend and relate to. It's very basic that the mind can easily find some emotional attachment to it.
They once tried to change the taste of their original formula back in the 80's and their sales dropped dramatically. They tried to be more complicated as they thought this could lead to more profits but sales figures told another story. They quickly abandoned the new taste and got back to the original popular taste. I'm not against innovation and creativity; Creating new products/tech is always welcome as long as it's simple enough that we as human beings can relate to and understand easily. The more complicated you try to be, the less happier you'll be in your life, business and even Forex
I am not the oldest nor most experienced trader on FF but I've amassed considerable experience in trading thru years and years of hard work. I believe I am qualified enough to give some advice and pass down my experience to my fellow traders. I'll talk here about 'Simplicity' and how can we apply it to our daily lives (specially in trading). Bruce Lee once said "Simplicity is the key to brilliance". I believe trading and martial arts got a lot in common, but I won't get into details about this kind of comparisons.
If Bruce Lee was still alive and wanted to get involved in financial markets, he could've been one of the greatest traders of all time, if not the best of them...Do you know why?
Because he knew the secret to ultimate success; He knew how to find order while others found chaos in a very complicated field like martial arts. The same mindset could be applied to any other field in life and leads you to ultimate success...It's very easy to find thousands, even millions of fools trying to complicate/exaggerate/ make up concepts or even state the obvious, but it's very rare to find someone took the courage to go into the opposite direction to simplify those concepts or ideas. Forex Factory is sadly full of this kind of fools. Everyday, I find a couple of new useless threads, adding nothing to me nor to my fellow hard-working traders, but a waste of our times.The real question here is... Why do those morons feel happy or superior when they complicate things?
There's no straight answer to the question... Based on my own experience, I guess they're satisfying their own egos. Maybe a lack of self-confidence in their abilities that they feel the urge to always prove themselves to others or get validated by FF community. They talk about complicated things/strategies/made-up funny names to their trading methods ( as if they've just discovered the secret of life). Last but not least, maybe they're doing this to compensate for their own failures or phony martingale/naive cross-over methods that do not work. Maybe they're deluded or mislead by the delusional western media ( adopting the same philosophy in their work; The more complicated it seems, the better they think their image will be in front of the sleeping masses).
Obviously it's a social, economic and even political trend nowadays to be leading a complicated lifestyle. People have forgot their roots, we're still human beings even if we can make extremely complicated AI systems or quantum super computers. We need to get back to our old roots/origins; The simple happy life. I know..I know...a lot of people here might disagree with me. Please bare with me as I can't write everything I have on mind in one post or one page.
Feel free to share your ideas/opinions without insults or hatred please...Let's keep it simple and clean.
Let me give you an example to better illustrate my point and how it could be applied to any business:
We all know how big Coca Cola is in terms of assets under their disposal. They have one of the best marketing teams in the world and been in business for over a 100 years. They spend millions on R&D to improve the quality of their products yet if you take a deep look on the Coca Cola bottle design and the original Coca Cola taste, you'll find it's almost the same since as far as I can remember...They rarely make changes to bottle design ( the curvy bottle design) or logo color (red) or the taste of the original formula ( although they might add some new products to generate more income), but you'll also find the original Coca Cola taste is the most liked/popular among consumers ( not the flavored cherry coke)...That's the power of simplicity; a product that consumers can comprehend and relate to. It's very basic that the mind can easily find some emotional attachment to it.
They once tried to change the taste of their original formula back in the 80's and their sales dropped dramatically. They tried to be more complicated as they thought this could lead to more profits but sales figures told another story. They quickly abandoned the new taste and got back to the original popular taste. I'm not against innovation and creativity; Creating new products/tech is always welcome as long as it's simple enough that we as human beings can relate to and understand easily. The more complicated you try to be, the less happier you'll be in your life, business and even Forex
Simplicity is the key to brilliance.