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Seeing as the rules are the same for all of us .... That means all of you AND me.
My suggestion to someone who wants to learn to trade would be this ...
* Usually there is no reason to join any site to be able to access the information and knowledge found on the site. Trading sites are known for changing the way people think. It's important to understand that opinions are not going to help you learn how you can trade. Only what you can do is important.
* Know that you are alone. Trading is an activity best done on you own without any influences from other people. Everything you do needs to be done independent of everyone. You need to know that no other trader cares about your trading more than you. You will need to be neutral and objective and do all the research you can to create a blueprint on...
- About Trading
- How to trade
... And it is best for you to do it as thoroughly as you can, without interference from anyone.
* The problem is, most people are trying to find the simplest way to get from point A to Point B in a straight line in the trading world, which is built on the principle of constant vs variable. In my experience this is a recipe for insanity. You're choosing to remove integral pieces of the situation while believing you're still observing the entire situation. It's similar to ordering a large pizza cut into 12 even pieces, then removing multiple pieces and still calling it a whole pizza. It's insane and works until it doesn't, where the operator will then try to do the same thing with something else. And so the cycle is self perpetuating.
* It's a good idea not to follow anyone.
* It's a good idea not to get involved in all the talk from people. There's a reason why they say the crowd is wrong most of the time.
* When doing research online, remember that people online are not your friends and you need to protect yourself. When possible, do not join or participate in any site or apparent socializing as it is not real and will distract you from your research and learning.
* Most people congregate on trading sites to feel that they belong. However fake relationships won't help someone learn as you simply do not know who you are talking to and therefore will never know if the information is real and true until you do your own private research.
* Retail traders are not well respected in the financial world and this is not an accident. Most people never do quality research about the industry.
* It is your future so you need to do the work.
* Most retail traders look to their peers to help them. You need to learn they cannot teach what they do not know. And usually that is why their trading has not advanced any further.
* You need to maintain your self respect when doing your research. There will be many who will test you.
* I don't want you to follow me. You won't trade as I do. You need to find out how you see everything.
* People are easily coralled like sheep and this makes them easier to manipulate, particularly on trading sites. Your job is to be better than them and do better than them. But this won't happen if you become one of them.
Have Fun and Good Luck.
Peter
==========================================
Seeing as the rules are the same for all of us .... That means all of you AND me.
My suggestion to someone who wants to learn to trade would be this ...
* Usually there is no reason to join any site to be able to access the information and knowledge found on the site. Trading sites are known for changing the way people think. It's important to understand that opinions are not going to help you learn how you can trade. Only what you can do is important.
* Know that you are alone. Trading is an activity best done on you own without any influences from other people. Everything you do needs to be done independent of everyone. You need to know that no other trader cares about your trading more than you. You will need to be neutral and objective and do all the research you can to create a blueprint on...
- About Trading
- How to trade
... And it is best for you to do it as thoroughly as you can, without interference from anyone.
* The problem is, most people are trying to find the simplest way to get from point A to Point B in a straight line in the trading world, which is built on the principle of constant vs variable. In my experience this is a recipe for insanity. You're choosing to remove integral pieces of the situation while believing you're still observing the entire situation. It's similar to ordering a large pizza cut into 12 even pieces, then removing multiple pieces and still calling it a whole pizza. It's insane and works until it doesn't, where the operator will then try to do the same thing with something else. And so the cycle is self perpetuating.
* It's a good idea not to follow anyone.
* It's a good idea not to get involved in all the talk from people. There's a reason why they say the crowd is wrong most of the time.
* When doing research online, remember that people online are not your friends and you need to protect yourself. When possible, do not join or participate in any site or apparent socializing as it is not real and will distract you from your research and learning.
* Most people congregate on trading sites to feel that they belong. However fake relationships won't help someone learn as you simply do not know who you are talking to and therefore will never know if the information is real and true until you do your own private research.
* Retail traders are not well respected in the financial world and this is not an accident. Most people never do quality research about the industry.
* It is your future so you need to do the work.
* Most retail traders look to their peers to help them. You need to learn they cannot teach what they do not know. And usually that is why their trading has not advanced any further.
* You need to maintain your self respect when doing your research. There will be many who will test you.
* I don't want you to follow me. You won't trade as I do. You need to find out how you see everything.
* People are easily coralled like sheep and this makes them easier to manipulate, particularly on trading sites. Your job is to be better than them and do better than them. But this won't happen if you become one of them.
Have Fun and Good Luck.
Peter
==========================================
Real Trading is not gambling.
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