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Professionals don't trade every day

  • #41
  • Aug 14, 2018 3:27am Aug 14, 2018 3:27am
Quoting antonsatu
I am not.. I am just a retail trader... Maybe Loozers is the pro... {quote}

I am suffering from the Dunning Kruger effect , I am not intelligent enough to be a pro.You guys are the pros.
  • #42
  • Aug 14, 2018 3:28am Aug 14, 2018 3:28am
Just saying cause New York floor traders trade everyday and they are a pro. Bunch of market makers manipulating the market that is hah hah. By the way not all pro's make money. There are also loosers at the NY Floor. Well I know of one. Not gonna say name used to be on the floor now he sells signal service to make a living. hah hah
  • #43
  • Aug 14, 2018 3:36am Aug 14, 2018 3:36am
agree with you...

Quoting maflip
Just saying cause New York floor traders trade everyday and they are a pro. Bunch of market makers manipulating the market that is hah hah. By the way not all pro's make money. There are also loosers at the NY Floor. Well I know of one. Not gonna say name used to be on the floor now he sells signal service to make a living. hah hah
  • #44
  • Aug 14, 2018 3:38am Aug 14, 2018 3:38am
bro and sis,

please don't say something that you dont know well. It may be misleading many people.

Peace...

Regards,
  • #45
  • Aug 14, 2018 3:42am Aug 14, 2018 3:42am
Quoting maflip
Just saying cause New York floor traders trade everyday and they are a pro. Bunch of market makers manipulating the market that is hah hah. By the way not all pro's make money. There are also loosers at the NY Floor. Well I know of one. Not gonna say name used to be on the floor now he sells signal service to make a living. hah hah

I gave you a profitable signal yesterday, to enter the Dax. It made 50 points, but you did not take it.I got greedy and wanted more i.e100 , still holding , trading psychology is more important.
  • #46
  • Aug 14, 2018 3:44am Aug 14, 2018 3:44am
Not true.. imho..
Only those who trade for living or only trade by profession are pro trader. Some trade daily, some trade weekely according to their system and size of trade.
Regards..
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -299
  • #47
  • Aug 14, 2018 3:46am Aug 14, 2018 3:46am
Agree with you too

Quoting mohsinali
Not true.. imho.. Only those who trade for living or only trade by profession are pro trader. Some trade daily, some trade weekely according to their system and size of trade. Regards..
  • #48
  • Aug 14, 2018 3:56am Aug 14, 2018 3:56am
Quoting loozers
{quote} I gave you a profitable signal yesterday, to enter the Dax. It made 50 points, but you did not take it.I got greedy and wanted more i.e100 , still holding , trading psychology is more important.
yup but I don't hold DAX overnight forex maybe not DAX. I hate the gap openings sometimes it's the bomb if it's against you. Grats on 50 pips.
  • #49
  • Aug 15, 2018 10:02pm Aug 15, 2018 10:02pm
100 Inspirational Quotes By Sun Tzu for professional trading

trading is a war , a zero sum game pips have to be taken from the enemy.


Appear weak when you are strong, and strong when you are weak.” ...(handle discomfort in trading)
“The supreme art of war is to subdue the enemy without fighting.” ...(find easy trades)
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. ...(learn trading psychology)
  • #50
  • Aug 16, 2018 5:52am Aug 16, 2018 5:52am
Being able to decide NOT to trade is the retail trader's biggest edge imho...
  • #51
  • Aug 16, 2018 5:53am Aug 16, 2018 5:53am
Quoting Aussi
i don't trade saturday and sunday
Hahahahaha
  • #52
  • Aug 16, 2018 6:07am Aug 16, 2018 6:07am
Quoting tradesimply
Being able to decide NOT to trade is the retail trader's biggest edge imho...
The hardest part is taking a loss , nobody likes losing, the professionals use EAS/automation to cut their losses automatically.

When it is time to take a loss , we have these ancestral genes.Here is the wall street protest. The monkey brain gets a loss and starts reacting.

https://www.youtube.com/watch?v=XJHK4qKCB3c
  • #53
  • Aug 16, 2018 6:22am Aug 16, 2018 6:22am
Quoting loozers
{quote} The hardest part is taking a loss , nobody likes losing, the professionals use EAS/automation to cut their losses automatically. When it is time to take a loss , we have these ancestral genes.Here is the wall street protest. The monkey brain gets a loss and starts reacting. https://www.youtube.com/watch?v=XJHK4qKCB3c

man thats so funny thank you
people leave, but this thread will go on for ever
  • #54
  • Aug 16, 2018 6:27am Aug 16, 2018 6:27am
Quoting Aussi
{quote} man thats so funny thank you

When it is time to take a loss , we become like these monkeys , we get clever like clever monkeys, revenge trades, add to get our losses back and all other monkey tricks up our sleeves.

https://www.youtube.com/watch?v=SCrme1JQ5vQ
  • #55
  • Aug 16, 2018 9:00am Aug 16, 2018 9:00am
Quoting loozers
{quote} When it is time to take a loss , we become like these monkeys , we get clever like clever monkeys, revenge trades, add to get our losses back and all other monkey tricks up our sleeves. https://www.youtube.com/watch?v=SCrme1JQ5vQ
Insperation!!!!! view for the 14 years pays of makes sence!!!!!and cents!!!
  • #56
  • Aug 16, 2018 9:21am Aug 16, 2018 9:21am
"Professionals have to be very patient like lions.Lions don't hunt 20 times a day.Don't need to trade everyday, 20 times a day."


That is VERY true.

Stay safe,
FF
www.sme-fx.com
  • #57
  • Aug 16, 2018 9:21am Aug 16, 2018 9:21am
Everybody likes to pull the trigger,

but FX trading REQUIRES you to SKIP most situations until the right one comes along.

Be a SNIPER, not a RAMBO!

FF
www.sme-fx.com
  • #58
  • Aug 16, 2018 11:40am Aug 16, 2018 11:40am
Yes they do if they are scalpers, professional traders can come in all sorts of trading habits, that isnt what makes a pro trader anymore, its if you make money consistently or not, the days where professional traders were only the bankers are gone now.
  • #59
  • Aug 16, 2018 12:16pm Aug 16, 2018 12:16pm
Generally speaking, regardless of whether you're a pro or an amateur trader you should only trade when you're seeing a good signal that fits your trading plan. How often those come depends on the trading plan, but usually it's not that often.
  • #60
  • Aug 16, 2018 12:26pm Aug 16, 2018 12:26pm
Quoting loozers
Professionals have to be very patient like lions.Lions don't hunt 20 times a day.Don't need to trade everyday, 20 times a day. Bill Lipschutz a great currency trader also agrees that less is more with the following quote. If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money. “How come you’re not trading?” The fact of the matter is, if most traders would learn how to sit on their hands 50 per cent of the time, they would make a lot more money. ‘Let’s say you take one position each day over a period...
problem with you is you think all traders are alike..
traders come in all sizes...and their hit rates varies based on their size.

question is..which predator fits your personality??

http://www.discoverwildlife.com/animals/hunting-success-rates-how-predators-compare
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