Disliked{quote} yup keep pretending you know about real trading {image} {image}Ignored
2
- | Commercial Member | Joined Jan 2017 | 1,389 Posts
{quote} I thought I'd drop by and monitor you progress, what's happened, your explorer has gone, blown account I assume
- Joined Dec 2013 | Status: IN VICTORY | 1,867 Posts
There are successful proven traders here who are willing to help you find your way, the problem is finding students who are willing to listen and apply them selfs, GW
IMPROVISE ADAPT OVERCOME
- Joined Sep 2008 | Status: neurological anomaly | 1,004 Posts
quote=Ghost Walker;11512329]There are successful proven traders here who are willing to help you find your way, the problem is finding students who are willing to listen and apply themselves [/quote]
Very well said!! Many people just seem to want a turn-key method without actually learning how to trade. Just look at the threads asking people to post their most profitable method or their edge or an EA that is over 90% or such as that. Had a guy a few weeks ago PM to see how I trade because I had sent his buddy some old statements when I was showing him how I trade. I sent this guy a copy of my chart and before I even explained what I do, he told me never mind because I have indicators on my chart and he thinks indicators are evil or something like that. Heck, when I was starting out years ago, if someone told me what was successful for them, I would have followed to the letter!!
My recommendation: Don't try to be a cool trader....be a successful trader and buy a cool car!!
Very well said!! Many people just seem to want a turn-key method without actually learning how to trade. Just look at the threads asking people to post their most profitable method or their edge or an EA that is over 90% or such as that. Had a guy a few weeks ago PM to see how I trade because I had sent his buddy some old statements when I was showing him how I trade. I sent this guy a copy of my chart and before I even explained what I do, he told me never mind because I have indicators on my chart and he thinks indicators are evil or something like that. Heck, when I was starting out years ago, if someone told me what was successful for them, I would have followed to the letter!!
My recommendation: Don't try to be a cool trader....be a successful trader and buy a cool car!!
- Joined Apr 2015 | Status: holding | 1,737 Posts
It's all about looking at the negative side instead of building up expectations, it just makes you lose your mind, and focus.
Losing your mind when investing is very common.
and yeah making people feel guilty wont work...it's actually counterproductive.
I know 4 traders in real life, btw they have a job and 3 of them own a degree. One was thinking he could make lots of money with 1 euro, this one was the smartest as he lost 10 euro overall xD. another invested ALL of his savings in the Apple stock and made 50%... that's all we know.
the other was a rich stock trader who claimed he was making millions EVERY MONTH.. I don't see him around anymore, probably he ended up desperate ?
the other totally lost his mind.. last time I saw him he was taling about "risk free" investments and of course he was asking for money.
I'm blessed that I always started relatively small, thanks to leverage it's not impossible, assuming that you're young and have a lot of time.
However too high leverage has been a disgrace!! so I thank the ESMA because since july I just trade well.. I don't feel like increasing the risk per trade, simply because I CAN'T lol
Basically all I needed was leverage restriction......it's so easy to make serious mistakes and nobody is immune, especially in the first couple years.
Losing your mind when investing is very common.
and yeah making people feel guilty wont work...it's actually counterproductive.
I know 4 traders in real life, btw they have a job and 3 of them own a degree. One was thinking he could make lots of money with 1 euro, this one was the smartest as he lost 10 euro overall xD. another invested ALL of his savings in the Apple stock and made 50%... that's all we know.
the other was a rich stock trader who claimed he was making millions EVERY MONTH.. I don't see him around anymore, probably he ended up desperate ?
the other totally lost his mind.. last time I saw him he was taling about "risk free" investments and of course he was asking for money.
I'm blessed that I always started relatively small, thanks to leverage it's not impossible, assuming that you're young and have a lot of time.
However too high leverage has been a disgrace!! so I thank the ESMA because since july I just trade well.. I don't feel like increasing the risk per trade, simply because I CAN'T lol
Basically all I needed was leverage restriction......it's so easy to make serious mistakes and nobody is immune, especially in the first couple years.
- Joined Dec 2013 | Status: IN VICTORY | 1,867 Posts
I think this sums it up pretty well.
IMPROVISE ADAPT OVERCOME