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Attachments: How to be consistently profitable... but I bet you won't do it
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How to be consistently profitable... but I bet you won't do it

Quoting sali1
Nice thread. I am a new trader, basically a beginner. Most important thing i learned so far is to ask your self how much can i afford to lose on a trade versus how much i will make.
There are some people that buy old car once they start to drive first time. Because there is no problem to crash it. This is very very very bad. You ready to crash it. But this is wrong. You must think that you will never get into the car accident and that you will be great driver.

The same here. You start to trade with an idea to lose. You program yourself to lose. You mind doesn't care about "no/not", it just don't understand it. I'll win and I'll not lose for your mind is I'll win and I'll lose.
Observer effect
Many thanks DonPato for your precious insights based on real trading experience. I hope like many others that you might continue to help with your vast experience and deep understanding on trading. Best wishes and God bless you for your kind spirit on helping others.
Keep alive a genuine winning attitude
  • Post #63
  • Quote
  • Edited 2:21pm Sep 6, 2020 1:55pm | Edited 2:21pm
Quoting Suran
...We need more people like you. But more and more people like you leave this place daily. I am also rarely comes to this forum now. and I only come to see if any of you posted anything new.anyway thanks....Respect.wish you the success..and health(of course).. Suranga
I thank you for your kind words...and truthfully I was not going to respond I wanted to say, publicly, that I appreciate those who found value in what i've presented...not just here but in all my threads. It takes (took) a great deal of time and preparation to present the information in a cogent and easy to understand way. And normally many traders (like myself) are unwilling to do it just because they like to...many charge large sums of money.

I've been thinking about this, and I have decided that I will be, as I always have been, happy to respond to individuals via PM and we can exchange emails. One or two have already done this. Again, I am NOT asking for money to speak with other like minded individuals. And if you truly want to continue a particular conversation I have started...you have it available to contact me.

I am no longer interested in posting on a public forum, there are too many "immature geniuses" out there that think it their God given responsability to "protect" the largely uninformed from my subversive truth. So I will no longer expose myself to their pedantic and moronic criticism. If you (or anyone reading this) truly want to correspond...you know how to find me.

I have made no secret of the fact that I am NO GURU. I'm a regular person who uses the market to pay his bills. That's it. I'm not rich, I'm not prestigious, no one important has ever heard of me. I'm just one of those anonymous people that realized the truth about trading, and that truth is this: Markets are made up of people acting on their own best interests. These people MUST interact with the market the same way we do, by placing orders. This "flow" of orders causes prices to move. THAT's IT...anything else is BS!!
Do more of that which succeeds and less of that which does not - Dennis Gar
Quoting Thehumble
Many thanks DonPato for your precious insights based on real trading experience. I hope like many others that you might continue to help with your vast experience and deep understanding on trading. Best wishes and God bless you for your kind spirit on helping others.
Thank you also for your kind comments...please see and read the above response, and if you wish consider making contact. Best of luck and thank you again.
Do more of that which succeeds and less of that which does not - Dennis Gar
Quoting DonPato
{quote} You beat me to the punch!! That was going to be in the final portion of my presentation here...once you have employed all the steps I intend to lay out here, you can continue with them and create a virtuous cycle that leads to better and better outcomes. In addition if something is wrong you will be able to go back and pin point the issue, and correct or modify any behavior that is causing the undesirable outcomes.
I like your insights into the trading issues, and thoughtful. I hope you continue with it. Thanks and
Regards
  • Post #66
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  • Last Post: Jul 13, 2021 12:34am Jul 13, 2021 12:34am
Quoting ryuryu
{quote} There are some people that buy old car once they start to drive first time. Because there is no problem to crash it. This is very very very bad. You ready to crash it. But this is wrong. You must think that you will never get into the car accident and that you will be great driver. The same here. You start to trade with an idea to lose. You program yourself to lose. You mind doesn't care about "no/not", it just don't understand it. I'll win and I'll not lose for your mind is I'll win and I'll lose.
Great mindset
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