Objective Thinking And Trading

People seem to quickly forget that trading on any level and of any kind, is ONLY an activity.

At the end of the day and week, you must return to being ...... something.

That something defines many things about you, regardless of whether "you care or not" or "believe it or not".

For people who want to learn, so they can grow out of being ladled into accepting any platform's "functions and uses" .... as if that's 'normal' .... regardless of how very silly and extremely immature it all is.

A clean link and an interesting watch.

https://drive.google.com/file/d/1eN05VCg_Wui2Nb6aHkmumj01j73oLNdn/view?usp=share_link


I hope you enjoy it and more importantly, learn something.


Happy learning and trading

Peter

Many people's general knowledge really sucks, if we're being truthful and honest here. Sometimes it's no one's "fault" but Life has always shown us that chosen or 'desired non-knowledge' usually ends up creating dumbfounded airheads who have the chance everyday, to choose to try and start learning something, but, still find themselves slipping back into silly thinking. My first thought that relates to this is those people who follow self proclaimed celebrities as well as the usual celebrities of today.

Most of these people are fakes through to the bone, yet people seem to exert everything about themselves to follow these people and to splatter it all over the outside world...... as if that's ever a good idea at any time.

If you find yourself sitting in this category of people, the only person responsible is you. And the only person who can find out where you're up to is you. It has always been this way. Sure people can advise or motivate, but peer groups are usually only as smart as the dumbest person in the group. If you know and understand anything about the basic concept of a moving average, then you'll appreciate that idea.

Even a 10yr old child slaved to a shackle deep inside a blood diamond mine can learn. And who's going to try and argue whether that child is dumb or not?

And so it's amazing what people like to do in their spare or free time. And it's hilarious to watch the irony of people's lives, both in the small local frame, as well as on a larger level.

Many people will do ANYTHING not to have to push their limits to learn something. Yet you do not respect yourself. Starting to see the malfunction yet? Or are the simpsons playing on the tv?

For people trading, as a good example, it's not whether you gained something today, it's whether you understand the undercurrents, so you can keep it tomorrow, and the day after and the day after that ..... That is absolutely paramount.

But people seem to think "if I just memorize THAT information I can do better". There's no 'tomorrow intelligence' there. So the respect you gained by working your ass off yesterday, is fleeting, because you cannot keep what you kill. The markets, in whatever form and through whichever story you subscribe to, were created by man. If you consistently choose to reduce your intelligence down to 1's and 0's, then you do not understand the "game". And you have inadvertently overlooked the whole argument of trading and money....... "How quickly can you adapt to the growing combination of small, medium and large effects of Life on planet Earth?"

How can you do this if you don't understand WHAT tv is and what it does to a human? How can you learn if you've never audited yourself?

I find it ABSOLUTELY HILARIOUS all the people on these sites (and elsewhere) who think they know something and can "trade" or "collect" or "farm" or whatever. It's mind boggling to think that a 'supercar' never needs to be serviced or audited.

THAT is the MOTHER of assumptions.

People flip from talking about trading etc, to then so casually start chatting about world news or affairs, yet never seem to observe how they are lacking in BOTH departments.

It would do people good to learn about the 100 door syndrome, as well as to learn a bit more about money, finance and the world around them. In short, the syndrome is exhibited when a person has 100 consecutive experiences yet observes and learns little to nothing. Until this improves, the person continues to repeat those experiences. Naturally, this concept can fit into any small or large space of your life.

Interestingly, it does not judge or show preference, so it can approach politics, religion, trading, your love life ...... anything.

That is the difference between "self help stuff", "personal development stuff", "spiritual development stuff" and the full force of Life...... one is to sell books, courses and seminars, the other is to learn and mature.

I cannot make you learn something. Nor can you. It must come from you and Life. Sounds corny I guess, but that is how it's always been.

Below, is a good example of three inputs that all people need to interact with and be warned, each will test your maturity .....

https://www.visualcapitalist.com/the-history-of-money-in-america-from-beads-to-virtual-currency/

https://coins.nd.edu/colcoin/colcoinintros/Wampum.intro.html

And below is a clean link to the third one .....

https://drive.google.com/file/d/1L4hESiax7ZrioXSf8vIETShinyQQS7oX/view?usp=share_link


Your priorities set the tone for what you will learn. If you have a minimalistic or materialistic mentality, you will lose.


Happy learning and trading

Peter

And here is the updated v2 of that clean link from the previous post......

https://drive.google.com/file/d/1hWSbWPlgUuHU514wDAMxFLoVcoL1j00B/view?usp=share_link

Happy learning and trading


Peter

"The collaboration of many subjects in a small space has always existed. To learn of this first hand, though, you must first step away from human society and everything it stands for and believes in. For many they want the safety and security that society says it offers. But there are always strings attached. And usually you don't get a vote on this."

Trading for some, is just about the money. For others, it's about the excitement or the challenge. But if you have the backbone to go beyond all that child's play, you can learn so much more. However, for some, they're born-they live-they die.... the end. Passing on nothing that really matters to anyone around them (who they've just proven don't mean anything to them).

It's always funny listening to superficial people talk. Even funnier to watch them laugh at and mock things clearly they don't understand and will probably need a house to fall on them before they take a different perspective for a test drive.

So here's something to think about .......

Attached Image (click to enlarge)

Attached Image (click to enlarge)

Now let's play a game of animal, vegetable or mineral.

Your society, as is your trading, is the direct and indirect result of before during and after. It's hilarious to watch people play the blame and fault laying game yet fail to see how insane it is to consider things in a backwards upside down way.

If you are having trouble keeping up with what is said here, then you need to relearn the basics of thinking.

Trading and thinking share the same thin membrane. So maybe you need to start with learning to think rather than merely taking a number and trying to be like everyone else.

Try this to start.....

https://drive.google.com/file/d/1hWSbWPlgUuHU514wDAMxFLoVcoL1j00B/view?usp=share_link


Happy trading and learning

Peter

Question .....

How do you get through to people?

Answer ...

Start drilling in from the ear.


Hihihihihihihehehehehehahahahahahaha

With drawing breath and being alive, gives you lots of opportunities to learn something. Most people waste their opportunities in pursuit of rather futile things. Of course trying to tell them this, or trying to point it out to them doesn't always work well, but we endure. Most of us need a lesson presented to us many times before our 'worldly brain' gets the hell out of the way so our other learning depths can kick in. A popular trend these days (2000's +) is to try out or get involved in the alternative stuff. I think it must be because people have either lived in the city too long, or, they've been in the country regions too long ....... people seem to forget that everything on this planet has a past AND A MEMORY. And therefore, since man's society/civilization is so very artificial, most things get recycled and renewed then repackaged. So even the 'idea' of some basic elements of Life end up on a commercial website or in a brochure somewhere.

What made me think about this now?

The following is a true story.

I was talking to a guy the other day who claimed he is a very good trader. He stated that he ran a few EA's that were doing well. He also said that he did some capital investing in the FX markets. Of course this is where my ears spiked up.

When we had spoken for maybe 2hrs or so, I realized this guy had made no mention of any kind of manual trading efforts. Sure he had described his technical styles and views, but he did what most usual people do, he used a unilateral capped stop loss approach ..... just as is 'taught' to most people and entities/institutions that invest capital and wager positions to either protect or to gain added return. By the way, THAT, is how one truthfully describes what most 'retail traders' do, when using a pre-calculated/measured stop loss position. And it is why most people, in the long run, fail..... they never activate their ability to get creative while retaining a reasonably safe means to gain. Really, just too busy listening to the van tharps and larry williams etc of the 'trading world' as well as 'forum website people'.

Anyway, so once I saw this gap in the conversation, I asked him about his manual trading. He sat there for a moment, like a stunned mullet saying nothing. Then he spoke, saying that he doesn't do "that" kind of trading. I asked why not. He quickly started talking about how risky it is, how dangerous it is, how unfair it is. Did you notice some of the words I just wrote that he said to emotionally charge his response to me? ....... Risky. Dangerous. Unfair.

(For me, it's all too familiar, both looking back on my own very early days as well as what I see with the majority of people around, including on sites like this. You can see it (well I can anyway) in most people. It's in what/how/when/where they say what they do .... "the damn thing turned around on me and made me lose!" , "tick volume is fake and doesn't work!" , "trend trading does / doesn't work!" , "price does / doesn't move because of X,Y,Z")

I then asked him a few simple questions about his responses. At first he was impatient to react and chose to get defensive, as if I was attacking what he "knew" ....... SOUND FAMILIAR??? Once he had said his piece, I saw him stop and take a big breath. Clearly I had hit a real nerve. I softly and calmly asked him how he learned what he knew? He said he was part self taught and part from a friend who "trades stocks". Ok, I said. Then I asked him who taught him how to control his thoughts and use his emotions in his trading? Again he sat quiet then said "I do it myself but I don't like my emotions getting in the way with my trading so I try to disconnect from them when I am doing it." OK I said again.

I then said quietly to him the following "People who only care about/focus on the money try to forgo the actual learning process. This also includes your emotions. If you are ready to see this, then you can also see why you do not like or do manual trading."

He sat there for a minute and sipped his coffee. I could see he was very uncomfortable, but I also considered the fact that it was HE who called this casual meeting, so I knew he needed/wanted something..... even if he wouldn't admit it upfront.

After a pause he placed his coffee mug on the table and sat forward in his seat. I then witnessed something I don't see very often in "traders" ..... he broke down in tears and admitted that he's hit a wall. YES he is making some money from his efforts but he knows there's still something wrong. I asked him if it's simply that he's dissatisfied with the amount of money he's earning. He said no, saying he earns more than enough to cover most of his needs.

"Then what is it? If you're truly honest with yourself then you know what you need to say here." I said.

"Patience" he said. "Patience. I just can't turn off the outside world and focus on my trading if I try to do it on my own."

Ahaa I said. Well they're two different things but patience is a big one that most people never really master so I can see why that may be there.

I won't speak of his personal details here, but overall, it's a saga I see written ALL OVER this site and hear people say over and over. The interesting thing is, many of the so-called experienced traders etc etc I have come upon online, suffer from the same problems. And whether you laugh over this or you cry into your pillow, it's something that obviously most people simply do not understand properly. They're told by some "trading" schmuck that "good things come to those who wait" or "patience is a virtue" or my favorite belly laughers ... "what you have to do is disconnect or switch off your emotions when trading" or this one ... "there is no place in the trading business for emotions".

I'm sorry WHAAAAT !!!!????

All of those things are akin to saying this .... "I am going to bake a wonderful cake but I'm going to throw it on the floor after it's finished cooking because that is what people say you do so it can cool down properly and rest. WHAAAAT !!??

IF those are what you're listening to and subscribe to in your trading, then you have been entirely lead astray. The ONLY reason you would follow those instructions is if you are trying to BE a robot ..... and you're not a robot and never will be. Yes it helps in being objective in your RESEARCH but research is NOT the action of trading. If you have not learned this yet, THEN MEMORIZE IT, tattoo it to your forehead.

Just because most people say something, NEVER "makes" it true and accurate.

Here is a way to understand all this in a way where you can learn something about you and better your trading activities - emotions are patience in a destined form and context.

Patience comes to those who wait. Why? How?

The complete activity of waiting is to reduce the desire to have right now. The desire to have right now is to assume you need it right now. This need comes from the desire to want (for whichever reason your situation promotes). And the desire to want comes from having absolutely no understanding of how you "work/function". Still with me?

In simpler words, you lack patience because you let 'the world' tell you what's necessary and or important.

For many people they try to stay as far away from interacting with ANY kind of human psychology "stuff". Again, another thing you have been taught to do.

Starting to see a pattern yet?

If not then you are probably less mature than you think you are and possibly have much learning in your future.

But if you are prepared to be truthfully honest with this subject, and with yourself, then you may have a chance to redeem your intelligence and come to realize that most people are just plain WRONG...... regardless of how much noise they make.

Contrary to popular belief, Patience in trading doesn't come from 'knowing your statistics and or probabilities'. In reality what you're actually doing there is using them as a crutch. And disguising the underlying insecurities associated with uncertainty.

Real patience is about you.

On this subject and in these contexts, it has nothing to do with " if you've worked out how the markets work" etc. It is simply a case of supporting you.

When I first arrived on these sites I made a concerted effort to help someone, piss off someone, be nice to someone. You might ask why.

Simple. I needed to bear witness to how people are. Not only what has been and therefore has been printed and then moved on from, but the way they are in real time. Then after I was done with this exercise, I sat back and watched the future present itself.

The ripple effects were very helpful.

So a person who only uses the past-to-present relationships to try and gauge what may/will/should "happen" in the act of trading, is bound to the same fate as someone who stays on the outside of these sites and merely copies someone's strategy etc but fails to thoroughly test it in differing contexts.

Not only will you make your own mistakes, but you inevitably regenerate the mistakes of that other person.

Starting to understand a little more about patience and you?

Patience in waiting for a trade and waiting to create your next breath are the same thing.

Unfortunately, modern people are really rather empty when it comes to the reality of mainstream and/vs alternative.

So in saying this, "Patience in waiting for a trade and waiting to create your next breath are the same thing", would seem like some philosophical "thing" or religious "thing" or some spiritual "thing". And right there is the immature patient.

If your emotions are removed from your situation then you must be told there are certain (inevitable / guaranteed to happen) consequences in doing this.

You have stepped sideways from what and who you are and now are in an unnatural position. This means for eg, your emotions cannot perform their job in protecting you when needed. If you don't "believe" this, have a GOOD LONG think about people's silly arguments re: greed vs fear etc. and how circular they are in their form and movement. That argument can never be resolved and concluded because most people do not really understand anything about anything so they keep gong over the same footprints, as if in a never ending loop.

Therefore patience is automatically removed because your emotions and attention is elsewhere. And it's worse for people who constantly listen to other people but never just observe.

Patience requires emotional attention. I'm not talking about distraction here eg, watching tv or listening to music. I am talking about the way you are, while you sit and just watch the chart as it happens. This is why I suggest to people to observe the 1 minute chart for some time. Yes you need to get to know the chart and that market, but you could be looking at anything, so the chart itself is far less important.

I know I have briefly raised or covered many points here in this post, but that is deliberate, to show that this issue covers probably all of the categorical areas of this site and people on and around it.

Patience comes to those who will wait. By learning to wait, you learn how to be more patient. By waiting you INVOLVE your emotions and therefore work inline with you as a person at its basic level (not including your "personal issues" of course). Therefore you are giving your emotions 'something to do' instead of trying to unnaturally exclude them from a process that operates across the board in your life, not ONLY in your trading. Therefore, you can be more natural in your trading, whichever style you choose. Therefore you cut down the learning curve time needed to "learn how to trade".

Understand now?

So if you are trying to fast track your trading, if you are trying to cheat your way through the process, I suggest you immediately cease and desist. If you possess any foresight, you can see where that road takes you..... a very unreliable and unnatural trek.

How do you fit a square piece through a round hole? I would say for many people it would be an impossible task as it stands today, in the way they're trying to do it. Helping someone today FOR today at the expense of their future, is not helping someone if they're not learning anything.

As for the guy I was talking to .......

After a while I helped him understand that although manual trading is indeed more difficult and challenging, it turns out it's the ONLY road that teaches. Everything else is merely a surrogate or cheap imitation. And those two are never as strong, durable or flexible as the original.

Patience is what you learn once you realize and accept that the mob is usually wrong, once you look at the situation more thoroughly.

Practice generates patience. No not a bumper sticker, just a fact of Life.

How to become more patient?

Sit in front of a trade screen and have a pen and paper and write notes of the details re: your trades in real time. And practice doing this in a way where you DO NOT use a fixed stop loss but will use an 'in then out' process based on what you know, you see and remember. By keeping notes you keep track of your progress and it makes it real not just some "game". In and out is - you see what you deem to be a good trade setup, you enter and observe and wait. While you wait, you pay attention to the other parts of your approach, checking useful things that will either assist or change. If the change/s are against your position, look to a place to exit and reassess based on new incoming information. If changes confirm new direction then you enter and wait and observe. Unless you are performing bi or non-directional trading, then this is how it is done. You need to learn to be the market. Most people have a cock-eyed view on things and never learn properly. You're learning a new skill set ..... so have the attitude to learn and ...... learn. Years from now you'll be laughing over how people are STILL trying to wiggle the cheat sheet out of the market's hands.


I hope this helps.

Happy trading and learning.


Peter

Everyday I'm amazed at how people tend to get through their lives. How amazing is it, that people tend to learn anything. I'm not judging, don't get me wrong here, I've made my fair share of mistakes. The rather intriguing and somewhat hilarious thing about a lot of things in Life is, how big, or small, do you truly feel you are in the world?

I am serious. I look around this site (and others) and it's gobbsmacking to ask just how the hell have people lasted this long. Gone are the days of social media being best used to commune with distant family and friends. It's become so depraved and despicable that people are internalizing so many of the kinds of behaviors you'd usually only see in delusionalists. Something else that's gobbsmacking, is the way people CHOOSE to interact. I find it disturbing, for me anyway, that IF some or most of these people on these sites, are actually real to life people out in the real world, what kind of people ARE THEY ? Again no judgment. In fact, these days, judgment from any perspective is not required, even if you have a tendency to judge or opinionate. The observations tell everything if anyone cares to pay attention. And then just let them do the work of coalescing to paint a picture of what's happening.

Here's some examples I plucked off the main page a few minutes ago .....

https://www.forexfactory.com/thread/post/14338426#post14338426]

https://www.forexfactory.com/thread/post/14338410#post14338410

https://www.forexfactory.com/thread/1205716-trend-following-system-is-dead


To be very clear here, I'm not singling anyone or any thread out. I selected these threads merely as examples for research for people who are prepared to do more than just copy and paste other people and their attempts to do something. The very significant problem with people these days, is they try to find workarounds for the human component, without first even understanding and overstanding themself. So, as you will see in those thread egs, people trying to do something that may involve an instrument or EA or indicator etc, but for one reason or another, cannot fathom there is more to it.

Another aspect severely overlooked, is, eg. this site is called forex factory (coupled with its sister sites) but everything that it entails encourages gambling at its forefront. It's only later down the individual path, that the person finds they have to deal with the many faces of Risk, that go beyond 'the people's' opinions beliefs and 'I read this and it says to do it this way or that way'.... as well as the fact that their goals and intentions may involve more than just gambling and all that it brings with it.

An interesting point to make, that I have observed ...... most people on these sites do not understand the concept of contingency. I am not talking about having a day job and then on the weekend you dabble in a little crypto trading etc. I'm referring to the concept of changing the nature of one thing to another thing.

Proper trading does not involve most of what people talk about here on these sites. It involves quite the opposite really. You would begin by learning everything about Risk and the many forms it takes and the many ways it affects our society, seeing as 'the markets' are just an extension to our civilization and the many areas that exist within it and alongside it.

So you have to ask yourself .....




It's only later on, you would bring into focus many of the things people on these sites talk about and espouse. So from a common sense perspective, the 'culture' that's on offer here is so out of touch with reality, that it literally has its conditions of activity and behavior that are written as part of the 'membership' then you have the reality of "life" on the sites. Both in complete contradiction with each other. Yet ..... this culture is transmitting the kinds of things that mold and form "traders" of the present into the future. If you cannot or choose not to see this for yourself, in the comfort of your own life, then go and peruse those thread examples I offered and you have some idea of what to expect from your trading activities, attitudes and personal behavior.

So people around here, really should be saying a bet, or gambling, rather than a trade or trading. However, I understand the fact that most people have trouble with reality and would prefer to perpetuate the delusion that gambling is trading.

I personally, have come across many instances of a 'bigger fish in a small pond' on theses sites. Unfortunately, it's usually the same types of people who think this way and behave as such, just as its usually the same kinds of people who haven't yet grown out of being weak willed and or weak minded, who fall for the 'bigger fish' trap. Some people learn the lessons associated and realize they need to move onward. But for others they have yet to realize you cannot remove the human element to trading, real trading. Gambling is for chumps.

EA's and "special indicators" are great for a flurry but serious people always have a contingency. Having a big trading account amounts to little if world circumstances change overnight and you're left penniless. Even having a big dick can never compensate for that.

For many people on these sites, they possess a VERY small worldview and because of this, have many Life lesson to learn. And due to this, they are easy targets for the glue sniffing silliness that goes on.

Many a time, the 'bigger fish' is chasing personal validation in their life. Or perhaps they're lonely or bored. But these are really just symptoms of bigger issues at work.

So ask yourself ..... how much spare time do I have? If you say none, you're lying to yourself.

Consider the many things I have mentioned here because wasting your Life filling it with 'activities' that do not yield anything real, puts in question the person directing it.

You cannot take the person out of the activity of trading.


Happy trading and learning

Peter

Too many people believe that facts, statistics and probabilities alone are enough to progress to a point where they become profitable. If you are willing to concede that this is and never was, YOUR idea or conclusion, then there may be a chance for you to grow past and out of where most other people find themselves.

How?

If you are not willing to keep decent notes and records of your trials, research and activities, then no, you don't really stand a chance.

But the good news here, is this - literally most people who try fx trading and other trading stuff, always assume from step 1, that "they are good to go". I'm referring to their mind and emotions. The issue here is two fold. Firstly, it comes from the assumption that "expert professionally trained" psychologists etc are the only people on the planet who can "treat" or "fix" your problems. Second to this, is the secondary assumption that is built on the belief that you are stupid and cannot, on your own, solve these problems. The true to life problem that presents here, is that people forget you already possess all the tools you will ever need to do this. The only reason why "the professional shrinks" do what they do as they do it is $$$$ and control. I know this is an area that makes most people very uncomfortable, but truthfully, most people's issues could be resolved if they stopped putting false claim on so-called inabilities, therefore throwing away their right and opportunity to take back responsible control of their own life. This has been very deeply understood for millenia.

The amount of time people waste, while 'trying to trade/trying to learn' is phenomenal. Trying to band-aid fix each issue or sub-issue as you go along can be heartbreaking and very stressful. Sometimes so stressful and demanding, that the person feels ready to give up or worse. So it's time that people understand that facts and the other usual suspects involved here, are never enough.

"Your personal issues will follow you til the end of your days".

From early times in our history, it was understood that there are different types or layers to trauma and habits and beliefs.

Without this turning into some psycho-babble spout, here is the simple facts of the situation ......

You are, at any one point in time in your life, a direct and indirect result of the following elements ....

- Your birth, your home environment growing up, your schooling, your relationships with your family which then rolls over into influencing your friendships and more intimate relationships, the worldview you are "given" from a young age as well as the one you hold true as you go through your adult years.

Once you mash these together, you get YOU, right?

The problem with all this though, is you are not really you. You as you might see yourself are merely a result of all the things you did not deliberately choose, or you did but through access to very limited information. Even the country city and town you grew up in carries influence. And I know some people will be knodding their heads saying "yes yes I know all this already, so what?!" The issue is not whether you know this but what you do with it. This builds your opinions and beliefs about everything. And this affects your daily activities. And if you trade, or are trying to learn to trade, it all has a hand in how you perform and interpret everything.

So, a simple way to effectively express this clearly could be so .......... if your mind and heart are foggy, then the path to learning something is going to be difficult. All those issues you had forgotten about, or ignored or have tried to force changes through, come with consequences. and many a time, you have little control how and when they present themselves. However, the good news here, is that this apparent 'suddenly it just showed up and the day was screwed' situation is a great marker. In this situation, it showing up is telling you something, it's trying to grab your attention so you can do something about it. Most people just assume it's a pain in the ass and 'I wish this had never happened now' etc. But if you want to trade you need to create a proper understanding of all situations that appear. And this never comes from a chart indicator or EA or facts. The common denominator is always the same ..... YOU.

What I have found is this ..... many people who want someone else to take responsibility for them would have stopped reading this by now. They become the "proverbial" loser. They refuse to see and accept that they influence EVERYTHING that goes on in their 'trading reality'. I don't refer to supernatural things here, merely to say that all that you are, imprints on the results you get. And then those results cycle back and return to the initial stage of your trading and learning, either for review, or to show you, in a way, that you are failing yourself.

I have met many people who have gone on to thoroughly enjoy their trading and do very very well, who have said - "Yes, if I could go back in time and tell that younger me there is a better way to do it all, then I would. It'd save years off my trading failures." Of course I am paraphrasing here, but the message is clear.... there is a better way.

So how do you apply such a way?

Sorry to disappoint many in saying that there's no bells-n-whistles here, no fireworks, no "special" course or book to read. Nope. The process has been the same for thousands of years or more, albeit, not very flashy.

The premise you must understand first. Since you are a result of many forced and unnatural learnings, your conscious consent is required from you and to you, so you can undo the mistake. Most people think this sounds a little hoky at first, but if you give it a minute, you will learn that what caused you to be this way was artificial, therefore, the mistake requires something natural to resolve the problem.

Part of the mistake, was to create the lie and then to perpetuate the lie.

I'm sure you can think of at least one example, in human society, where a lie is told and retold. And the more its told the more that people just assume and accept it as "true".

So the solution is really very simple. Tell the truth.

You are the sum of all parts of your life, from start to now. But I guarantee there would be many lies built into all of it.

In trading, the more you lie to yourself, the more money exits your account, that's just a fact.

Starting to see a pattern here?

Most people carry their problems as if they're a 'badge of honor' or their 'punishment' or something like that. Most things that "people" assume is "just a part of life" are actually very potent Life lessons on offer. One common denominator I observe in people on these sites, is their inability to see this. Sometimes they catch a few easy ones but the deeper, more potent ones, still remain, causing more problems. I have spoken to many people who just assume or worse "conclude", they're good to go, meanwhile, everything they communicate tells me they're lying and or wrong. There's no "magic" to it, just a series of natural objective observations that bring themselves together without any forcing or bias from me.

And so, there you have it in a nutshell. Be honest or fail before you begin.

The simple truth is this - if you still use an attitude that formed while you went through puberty, then you have anchored part of yourself "back there". Take a moment to think about this, then look at the many thousands of thread pages on these sites and tell me it's not true.

The process ....

Each day create a routine where you practice being honest and upfront. NOT RUDE. But prepared to interact where you are humble to learn what is true and to be honest. Your attitude will be ... to be honest, both with you and then later on, with others.

How do I do that Peter?

First, you need to learn how to be objective in your judgment and conclusions of society. Most people have so many weak spots that it's shocking how people make it to 50yrs of age or beyond. Trading is NOT forex sites. They are merely an avenue to observe. The unresolved immaturity in a person "wants to get involved in the site's content and activity".

Second, install the routine I described as a 10 minute exercise that you do each day. When you 'feel self conscious' about doing this, remember, you are wanting to be observant and want to learn. Therefore feeling this way is natural and will pass. People have a completely wrong understanding of what an attitude is. It either helps or hinders. If you genuinely want to learn, you first need to observe. And after some time, you will see some of the same things show up. In each situation your attitude will always precede the reaction or action. It is the process a person uses to learn anything. Whether it involves money or not.

(I love liars. They make it too easy to see what they're trying to hide and or escape from). You need to practice to be honest. Did I say self righteous? No. Did I say argumentative? No. Honest.

Most people never go far enough. They reach a point where they start feeling uncomfortable. This is good. But to them, it's not. So they back away. Once you understand that lies mutate, you will understand that IF you really love your 'loved ones' then there's no room for lying. Just as IF you want your trading to do well, there is no room for lies or misappropriation of information to cover up what you're afraid of or worse, what you're running from.

Eg.

I wrote a while ago about using the average standard of the cost of living to see and set a realistic goal for trading profits on a weekly and monthly basis. Some people said to me that I was being absurd, that this figure was too high. The reference point obscured to them, was this - to achieve a goal you must use realistic inputs. They possibly disbelieved THEY "could" reach that profit level. For one person I broke it all down for them and they realized how simple and easy it CAN be, but to do so you must be honest and truthful toward and within ALL of your activities. This is something many people are unable to do. You see it out in the real world as well.

Do I think this is a 'one size fits all' approach?

For people generally, yes definitely. However each person is different in SOME ways. Each person has their own "story" but learning should not and need not be a drudgery. If you force the learning, then frustration comes on quickly but if you re-examine yourself truthfully, you will see that it's not that it's "hard to learn" but it's your internal attitude towards learning in general, that is conflicting with your wants in that moment. Learning can be fluid however being honest and truthful is the only way this can ever happen.

You need to realize that if you lie, in words or action, it is emulated and copied in your thoughts and emotions and vice versa. It is reflected in you in many forms. One form being writing, another being your observation of a screen showing pictures and playing sounds.

It's a true shame that people do not appreciate that online "stuff" is a huckster's dream come true. For eg. These sites are one big thought chain. They're not in any way connected to real life EXCEPT inline with the connections a person believes are there.... predators notwithstanding.

Being honest helps you learn. The rather funny thing (I think it is anyway) about people and learning is, you always learn more than you bargained for.

People want to learn a few things so they can "make money in trading" but as they venture deeper they have to learn more and more. But is what you're learning quality or quantity?

Opinions don't pay the bills, unless you're a talk show host. And facts always generate blind spots. So those are not the answer.

Everyday there are pathetic and ridiculously immature and grotesque arguments happening on these sites. (Too much? Did I go too far?! Hehehehe) You get the point.

There does truthfully exist a real life process that aids the person to learn and yield more than just 'paper or plastic'. But you won't find it unless you are ready to grow up and be prepared to call a dickhead ...... a dickhead. Let them be the dickhead and you focus on learning.


I hope this helps.


Happy learning and trading

Peter

I get asked this a lot ...... "Why does it take so long to learn what I need to so I can trade?"

The straight and simple answer could be this ---- There's lots you know but usually none of it has anything to do with financial markets and trading. Learning from other people may appear a shortcut or asking for help from someone also, may seem to quicken the process, but this is a mirage, an illusion. That person cannot take you any further than the choices, decisions and declarations they have made somewhere in the past. Added to this, the average person never thinks about their personal issues and how they interfere with learning something new.

In trading, there is you, the technicals, the foundation layers, your personal beliefs and then the outside world. Most people I witness on these sites are too eager to rush in and "try to learn everything all at once". Being subjective is one way to lose yourself in all the "stuff". It's one reason why people feel the need to talk a subject or topic to death. And why, instead of going through all the information and making extensive notes as they go, they merely jump on a site, jump on a thread and ask the same question that's been asked over and over.... instead of simply doing a search for that topic of inquiry. If I had to posit a guess, I'd say that at least 75% of people's time is spent and wasted on circling known information, knowledge and experience. Why? All because they don't know where they are and why they're doing it. If they did, their notes and known schematic would show them where they are and their time would be used more preciously.

"If you don't possess common sense then someone else will surely and "freely" give you theirs ..... whatever that might be." This is a recipe for disaster.

My attitude, albeit, a little forward, is this ..... if you're a child in a grown body then you probably should go back and learn the basics of being a true adult. It will help immensely to learn, to assert yourself and to gather understanding. Once you have achieved this, you can search and perform proper research without confusing opinion with something more concrete. Too often on here, people confuse known knowledge with exceptional knowledge. It's easy to spot - a person knows many things about something but once you introduce context into the discussion, the person is lost. This is witnessed often and I can see why people argue over styles and instrument of choice etc. They don't stand back far enough to witness what has happened - imagine the entire financial markets/trading "stuff" is one whole apple pie. Then someone comes along and cuts it into 20 separate pieces, Then they place each piece in different rooms in the building and then they go around to gather together people who have the opinion that "this way" or "style" etc is "better" "best" or "right". And now you have current day "trading" websites.

YES it IS important to understand this ! Because your keen sense of observation and intelligent knowledge IS your trading. Trying to exchange maturity and this intelligent knowledge for externals eg. chart, indicators etc is a trap. The same things ALWAYS happens, the person's real learning stalls.

My observations of people have shown me 2 things -

= people do not trust themself enough and therefore will not back themself when faced with something new or uncomfortable or painful.
= People do not respect the truth and fact that you cannot remove the person from the trading equation. SO you are always affecting the process. Your opinion on this matter is worthless and carries no weight or influence. And once you can be humble and accept this, then you can truly learn something.

I have found these to be universal now. Happening everywhere.

Is it just a fad? Or something else? Only you people can decide that for yourself.

Whether you use end of day data, end of week data or end of intraday period data, shouldn't matter.

Whether you've inhabited these sites for years or not shouldn't matter either. I'm not very impressed by people on these sites and this gives me an edge. Just as I'm not impressed by celebrity or other status symbols. Why? It interferes with learning. And too many people on these sites are grossly immature (underdeveloped) and need to reconsider what comes first and second in the entire process.

SO WHY does it take so long to learn ?

You. That's the short answer. The truthful answer. Everything else is secondary.

Sure you can force yourself to learn something ........ but then, are you REALLY learning something?

If you rely purely on repetition then you're not really learning. Real learning requires conscious choice in every moment. It requires review and repetition and review of this, will only get you to a certain point and then after that, nothing.


You. That's the short answer. The truthful answer. Everything else is secondary.

In my experience, only the very immature and people who are frightened to learn the truth about themself create excuses or stories why this is not "necessary" etc. .... therefore reading a chart, looking at the real world and placing orders is in fact all part of the trading experience and activity.

If you spent more time on step 1 then the other steps will fall into place on their own.

Some people say I'm full of shit. That's fine, then let us allow Life to be your teacher. Involuntary forced learning is your only other option to actually choosing to learn. But Life forcing you is always going to kick your ass and it's always bloody. Now see, THIS is where your common sense is tested.

So whose common sense are you going to use - yours, someone else's or Life's ??

I always bet on Life.


Happy learning and trading

Peter

Other questions I get asked ....

= How do I personally deal with drawdown?

* It depends. IF a real to life genuine black swan is underway, I look at who/what will get hit hardest and I fade it
Or
* If it's a new approach I'm researching and testing and I am repeatedly observing a 5% or less drawdown, I don't worry about it. I can manage that in real time. If it's repeatedly creating more than 5% under differing conditions, then I would fade the drawdown in real time. Why? I have learned time is the only commodity that is truly precious and so looking for a perfect system/method etc etc is wasteful. So time becomes my guide. Is it more profitable to simply fade it and profit while the inevitable plays out on the other situation or seek the illusions? I choose time.

= Why is fx so hard to trade?

* It's not really. You're the difference. You make it hard or easier.

= Which style is better for profits?

* All styles as one. Fools believe one religion is better or best but fail to see the holistic overview. THAT is why some people call gambling "trading" and why people argue over silly things. An adult view sees the silliness AS silliness. A price chart DOES show the future but most people are gambling on an idea instead of an understanding. A chart is made of segments and within each segment is a correlation to active money movement. So each time you step aside from trading the "sideways stuff" people like me are absorbing the spread to range movement because I see the transfers of intention because I have studied people and entities and how they think and operate. This is nothing to do with orderbook/flow, market profile etc. It is based on understanding real finance (eg Dual Risk ON OFF) and money operations not ff opinions and polls. Real markets with real intentions and follow through.

= Which indicator is best for profits?

* Firstly, none recommended on these sites. A true indicator is generated by using layers of the real world and not price data or indicators of indicators. Real life is the optimum. The other indications i just mentioned are indicat-IVE so for eg. using a margin compression calculator indicator is useful to do and achieve something external to the act of understanding what was and is happening on a chart. But a momentum or 'trend' indicator that generates from specialty or usual price data can only generate residual effects, be it in the past or future. This is why many repeat shapes or "patterns" because something familiar is happening on the chart.

= How to learn to day/intraday trade and be truly consistent?

* Stats and probabilities can help but what needs to be achieved, is the act of identifying the different segments that show up on a chart and then creating a way to become aware of that new segment and then have a strategy for that specific segment. So if on any day, a chart creates 20 different individualized segments, then you need to research and test for an approach for each segment. That is how you day trade properly. What is a segment? Think of each time the chart 'goes sideways', 'goes down moderately' or 'strongly' etc. Try to ignore patterns and merely substantiate generic positioning and direction. Common sense (therefore no fear or greed) should tell you that as one larger segment begins you should withdraw from the smaller ones because time will shape movement and then movement shapes your profits. Therefore IF you get caught in some kind of directional trap, your losses will be minimal.

= How do I use swaps?

* I have used them to pay for an overnight or multi day trade. If I am using a wider view then yes it helps absorb costings. But as with real life, swaps are secondary to common sense. I wouldn't take a negative gains position JUST so I can get some swaps. If something unknown to me happens then bad outcomes can follow. But usually I use some kind of contingency to counter a negative gains position. Common sense should always prevail over profits.

= Why do people spend so much time on the same things?

* They believe the "value" is in the externals. The externals can only reflect what that person knows and understands at that point in time. Nothing more. To me, they've never learned how to approach a topic or subject in a full well rounded way. These sites take full advantage of this by breaking everything apart and allowing "the people" to do the rest TO themselves. They have no clear direction inline with what they're doing and why. So the site and other people get the opportunity to take advantage of them and their desires and ignorance and or naivete.

= Why do people think this site is normal?

* They don't think anything else. There's no query of the status quo and probably have no idea what that is and why it's important.


Some things to consider.


Peter

Many people simply don't pay attention. So how could you trust what they say......

Attached Image (click to enlarge)

Societal retardation is clearly on the rise.


Peter

I think it's frickin hilarious when people ask for input or advice only to judge and censor the advice. How fucked up are people who carry on as if learning something is the most mysterious thing in the world. You've done it all your life. You did it when you took your first step, did your first shit, said your first word.

Here's some advice for new traders ........... Stop listening to morons. Tell those fucking idiots to piss off and leave you alone so you can work out what you and your trading needs.

Stay away from stupid desensitized fucking people who will just get in your way and create problems for you.

Learn to say "fuck off" to online no name losers who don't care about you or your personal situation.

Learn that you are the only person who knows what you need. Stick with that understanding and keep moving forward.

Come to realize that most people are fuckin idiots with zero real world experience but "seem" to have a lot to say about many things.

Your life is more important than their opinion.

And finally, stop letting losers tell you what to do or how to think. People these days are more fuckin stupid than they want credit for.


Peter

For people who think 'the group' is always 'right' ........

The Mongrelization of Basic Technical Ideas, Knowledge and Know-How

It's 2023 and you'd think that in this day and age people would have learned a few things about the subjects they engage. Sadly no. You can tell a lot about a person by what they will and will not talk about. Whether they have the guts to talk about the "taboos" or in the case of this post, technical trading and knowledge. I have picked this area because it's obvious that most "average people" do not like to talk about things they know little or nothing about.

It's 2023 and the information superhighway is booming yet even now, I find that "people" online cannot stomach talking about real things. On this site for instance, so many show themselves to be either stupid humans or just very immature. So one wonders what value they really bring to anything they touch.

A friend of mine said something while were talking yesterday ..... "I looked at that site you mentioned Peter. I must have spent about an hour on there and my conclusion is this - all they (the site owners and the members) have done is mongrelized or hybridized the area of technical analysis. I couldn't see anything new or truly innovative there. The only real advantage to the site is its search feature. It helped me search out specific areas but even then the ideas are so twisted that I don't think people see what they've done to it all."

Now you need to understand this person was not coaxed to say that. He merely did as I described without any bias from me.

Many persona I have encountered on this site are really not worth the time to talk to. If you stand back and take a good hard look, it's easy to see that a real life person really doesn't stand much of a chance to navigate this site from within, without being pummeled by insincere bullshit, wankers and people who forget there's a big world out there and 'in here' you might 'be someone' but out there you're a mere person. So five star rating or not, real life takes a harsher hand to you than some dinky website where people think they're safe.

To be honest I love it when the cretins on this type of site say bad things about me. Or I find novelty persona talking shit about things that obviously are just some bullshit wrapped in an opinion.

So why this post?

I think it would be interesting to see people's reaction to a new law whereby they would be charged a fee for wasting time in their life. Because sites like these certainly are wonderful at helping people do that.

When my friend spoke of his conclusion I found myself laughing out loud.

.....And asking myself "what WOULD these people do if they really met a real life trader, not on some fucked up website but in the flesh?"

Anyway, it's hilarious once again to think about all the "people" I have come across on these sites. And to think about just how fucked they would be if technical analysis and all the mutations that exist on sites like this ceased to be accessible. And then to ask "what have people REALLY learned about all this?"

And I love it when I give real world input and to then watch deadshits pile on saying all manner of crap. Yes admittedly, I do think many people (by their own hand) deserve everything they get.

As I recall, when I initially arrived on this site, I said to myself "How the hell do people learn ANYTHING with all this bullshit going on?"

If you're looking at a situation and there might be 10 different perspectives involved yet people listen to some fuckin idiot on a website who says "I use all these indicators and then I know what it's gonna do". Are you kidding me ??!!!!

I even read on this site today something written by a "HIGH RANKED MEMBER" saying that probabilities and confluence is all you need to know what will happen every time. Of course this person used all the "right words" etc so naturally they had the fools eating out of their hands. And it's always a laugh to see people say something is bullshit because they cannot do it or don't know how to work out HOW. AND that is where basic common sense SHOULD be present.

So coming back to this post's topic, I really do not see that technical analysis has actually changed, I think people have merely gotten dumber and severely lazy.

You have pretty phones but have lost most of the ability to think. You now have people who use their phone app to guide them through streets and roads. But I am NOT talking about reading and using the map, I am talking about following a line on the map ...... and then wonder why they STILL get lost. The app has limitations so it's not its fault its YOU .... every single time.

Society as in trading, has trends and fads. But people fail to see what comes. If people were watching real life it wouldn't have been a surprise at all that a "freaky virus" turned up and put everyone into a panic as if the world was going to end. There are literally hundreds of examples I could draw on here. Another is the steady increase of explicit violence sex and gore on tv and in films over the years and decades. This increase is not due to the public demanding it but the production OF IT based on setting new standards. This then influences the public to become more relaxed with the new standards and so become more accepting of it .... and so the trend continues in its cycle. Sound familiar? It should, trading is exactly the same.

From what I have observed, most people that are on these sites try to remove the element of 'the gamble' out of trading without understanding the real life effects. That is why it would be good for people to be charged for the wasteful use of their time. It might put some of these things into perspective for them.

The last trade I did, which was today, did not require some mutated fucked up piece of crap indicator .... it needed me to look at what is needed.

I find it amazing to read people's writings about how they trade options or fx or crypto or indices or whatever, yet, for someone who understands it enough, you can see they're pulling themselves.

If your strategy or method is reliant on some indicator or EA etc, you're fucked. The end.

I even read many times "There no one way to do anything" .......... ABSOLUTE BULLSHIT.

There's YOU, your broker (who either pays you or charges you for trades) and then there's the greater markets. For anyone wanting to learn to trade, take note. There's your process. Now ..... what part of what is written there, says anything about "my opinion" or "their opinion" or "I believe" or anything else????

And so what you'll find on dinky sites like this, are people who talk a lot of bullshit because they've got NOTHING ELSE. Lots of pretty charts, lots of saying the same things .... yet ...... their technical analysis skills SUCK. And usually hide behind "stories". And then, they turn to morons on these sites to ask for their input, despite the reality being that those people are just as semi-clueless as they are. Where in all of that is anyone but you being responsible for your accounts and trading?

You're not "helping anyone" by handing out the same strategy. Because the day will come when that person will need to do things for themself. And if they've never learned then they're fucked.

What a lot of bullshit traders on these sites simply do not comprehend fully, is ........ the trade you do today that "works" is now bound to your future. What does that mean?

If you "believe it works" today then you'll do it again tomorrow. And the next day etc etc. Meanwhile foresight has gone out the window and your "system of thinking" is now cornered and is ultimately screwed.

It's amazing to watch people say "bullshit!" "bullshit!' yet ..... the next day or week etc, you see them writing something to do with some problem they're having but never make the connection.

So if you think so little of yourself to believe that all you can achieve is 5-10% per month, well, maybe you need to reconsider what you think you know and understand. There's no magic wand just good ol' hard work.

Technical analysis might look different to you people, but the real knowledge is still there. Your tech is a distraction. Take a good look round this site ..... the evidence is everywhere.


Try learning something real.


Peter

Not too sure who pissed in your Cereal Peter....but some good old piss n vinegar you've written...

Perhaps you are taking things a little to seriously on this little mean nothing forum ?

Just a thought.

All the best
Blue

Quoting bluesteele

Disliked

Not too sure who pissed in your Cereal Peter....but some good old piss n vinegar you've written... Perhaps you are taking things a little to seriously on this little mean nothing forum ? Just a thought. All the best Blue

Ignored

Everything you just wrote annoys me. This site is a great example of how you have "management/upper echelons" and then you have "the people". And what people have either forgotten or never learned for themselves, is that "life is a landscape" and so therefore EVERYTHING COUNTS..... and if someone is looking at everything appropriately, then you see SO MUCH MORE.

To see these things is not something special, it just requires common sense. And no I am not here to "save" anyone or everyone, nor to "make friends". A person like me is merely the counterweight to the bullshit most of you people come out with, be it online or offline. You can't hide it nor run from it.

And sure there's plenty of pitiful useless excuses and justifications .... like the one you just gave me. "It's only a website maaaaan, why you getting so upset?" Why? Because dumbasses are breeding. Because self proclaimed, self induced dumbasses are getting older - be it the pathetic "baby boomers" (or their silly parents) or the "Gen X" or Z or "Y .... the FUCK are we doing all this!!" or maybe the dear little "millenials" who truly don't know their ear hole from their butt-crack..... who are now stuck with the most retarded role models and parents, the teachers are so dim minded they're probably wishing for another school shooting so they can jump out into the crossfire. ANYTHING but dealing with the current silliness of today's "children".

But I'm not frustrated. Hehehehehe. It's just interesting to mix it up.

The truly absurd and HILARIOUS THING about people now, is they ACTUALLY BELIEVE many things are an "isolated incident".

Are you fuckin kidding me ??!!!
And people "expect" to be treated nicely? SERIOUSLY?!!

And expect to be given .... well .... EVERYTHING.

So when you mix genuine CHOSEN stupidity and entitlement ..... you end up with ridiculousness ........ like these sites, like the people who allow the people who ARE in charge to BE in charge. Not through powerlessness (whatever the FUCK that is in real life!!!) but because people have given up, have "settled", are wiling to bullshit to themselves every single day til they forget.

Thank God my children are not like that. And my grandchildren won't be either. How about yours? Do people even care at all to actually try a different line of thinking? Are you all so deliberately inept that you would love to see your children get raped or murdered or shot or worse, turn into the next generation of truly morbidly stupid people? What does that say about you?

Consider this the rant by some crazy guy, but YOU ALL know that all these points are worthy for closer consideration. People have been given a bill of goods and told repeatedly that they're worth only "this much".

People do not deserve respect and good and fair treatment unless they give it to themselves first. SURELY you don't need "religion" or "politicians" or "some online fuckin moron" to tell you these things.

So yes, I have a genuine problem with everything you just wrote. The question now after reading all this is ....... Do YOU ????


Peter

The Difference Between Traders of Old and Traders of New

The first thing I am going to say here is, I'm not perfect at trading. I knew that from an early age when I started. But I knew I had what it took to do well. I was young and so I had the motivation to learn. When I started the computer was just starting to make dents in how everything worked. But, then came 1987. For anyone who knows history, or, who was alive then, NOT a fun year for many. The crash caused many upheavals and so a real "shake-n-bake" time for many. When the crash came, the computers that were promised to change everything stopped. The ticker tape stopped and all trading was halted. Something my mentor/boss said to me months before the crash was - "This year's not gonna end pretty" and he was right. Surprisingly, despite him reallocating much of his own client's monies elsewhere, so they were not affected by what he saw coming, many in our offices did not listen. Truly, you'd be surprised how often it happens, but most people being cattle, most just "went along to go along" and so, many lost fortunes. But my boss could see the issues coming, or at least to know that technology was a crutch that would someday, be the major problem we see today.

In those days you had to use your brains, your instincts. You did more than just buy or sell and hope for the best. You really had to hustle.

After '87' things changed. Rules changed markets changed. But they also didn't.

Yes technology has changed many things but in those old days you had to have some common sense. You couldn't just input something into a computer and then wait for it to tell you what to do. And I see a real lacking in people these days. Lacking a real sense of being involved. Today it's more about entitlement (you owe me) and "I want I want".

Having had many conversations with people now, it's safe to say that modern people really have no instincts. You may believe it's an "animal thing" and "you're better than that". I have news for you ..... your tech toys are shinier and prettier but you haven't changed one bit. You're simply more addicted to what you cannot have .... but want ...... BADLY !!! You have replaced good instincts for ........... facts and tech. Proof that externalizing intelligences without mature oversight always leads to the depreciation of the real intelligences behind the tech stuff.

Even if some dickhead comes up with a way to put human consciousness into a robot, that part of you that gives you your instincts (and other basic functions) will always be there. You cannot run away from it.

Real to true common sense requires foresight. I don't see that in most people today. Maybe you all should sit down and watch Groundhog Day with Bill Murray and learn something about foresight. I'm sure you can relate to a movie more than me yacking at you.

The premise of "static change" is what I see in people today. Too scared to make mistakes, too scared to "get it wrong" and too interested in what you want without any foresight to what comes next. I saw it spread like a brushfire during that whole covid thing. Covered the entire globe in a matter of months. People scared shitless. Then of course we had the "pro decision vs anti decision people". The argument over if it's "real", then the next argument over "if we should get vaccinated". Now here's the thing ....... most people today lack the basic ability to see connections between things. I lost count how many times I've witnessed this on these sites. Now YOU may think covid stuff has nothing to do with trading etc. THAT is the point. Conceptual connections. Real to true scared people feel they HAVE TO always hide behind facts that rarely go anywhere, opinions that possess little common sense or foresight.

People make fun of me saying I'm trying to be like someone else who has already been and gone from these sites. The irony of this is, from whom do you think that kind of person learned their "stuff" ? Maybe not me personally, but CERTAINLY NOT from people who are too scared to make mistakes, or misrepresent technical analysis as "trading". No.

The great thing about being away from the herd, I don't EVER have to apologize for being me.

What I see is people who have allowed their basic intelligences to be trained out of them. What's funny with people of today is all the big talk about "trading this or that" .... but..... bring up something that's just as tangibly real or "part" of their life ..... and all they have are 'opinions'. Backed by flashes of overstimulated reactions and lacking in basic human maturity. Common sense IS maturity. Maturity comes from being truthful with yourself. So ... for me ...... it's pretty easy to see who lies and who tells the truth on these sites. Once you wipe away the banter, there it is ...... staring you in the face.

One thing I have learned is that Life will always push you into situations to test how much bullshit you're harboring. And 'modern man and woman' are harboring FRICKIN TRUCKLOADS of bullshit. If people are willing to bullshit on these sites, imagine how much bullshit they spew out in real life on a daily basis. MUST BE mountains of it.

One tip I would give to aspiring traders etc, would be this, try to see and realize that modern usually means 'lots of dead weight'. Common sense of today is not what it was earlier on in human history. I'm talking years here, not centuries. So the shift from real common sense intelligence to "this" today has happened, spatially, within a tiny window. That's why older generations still alive can speak about it. And why we laugh and laugh at the "tedx"s and youtubes of today. It's not that we are technophobic (not generally) or "just old", it's that we know and see you have replaced basic intelligence for a "thing" that can never do what you do in the hope that it make things "better".

This is why people who overuse maths or technical evaluations for their trading or investing activity, are missing the point. You want Life to be a straight line static point of activity. Doesn't exist, never did and cannot EVER.

PART of the reason why people say "what worked back then doesn't work now" is because when you push the envelope too far, you get adverse results. For most people they see this and just think "Oh well" and write off as a loss. Again no ability to see conceptual connections.

You see this ALL THE TIME online re: trading etc...... "Oh I tried that strategy and it doesn't work / for me". Question: When was the last time the markets provided you with an "inhouse therapy session?" Yeah didn't think so. NEVER. And another one ..... "trade what fits with your personality". Do people even understand what that means? LITERALLY MOST of the people I have encountered on these sites are reflecting neurotic behaviors and attitudes, so what does that tell you? That online persona (fake presences) and real people who are online are experiencing a closed loop of thinking = "I'm already neurotic (in real life) and then someone tells me to trade inline with my personality (which is currently neurotic) so now you have positive reinforcement of the status quo. So the person really learns nothing real and continues in a closed loop and thus ends up doing what everyone else does, to hide their shame or insecurities. I'm not kidding here!! This is a real "thing". Only people with a selfish or destructive agenda will "disagree" here because if the basic truth of this spread, people would then realize they've been "played". Almost everything they've read or been fed by "people' on these sites is so cockeyed, so retarded, that even those who think they've removed themselves from the entire circus of everything .... ARE in fact STILL in it, just on a different layer, NOT better just different. Even your "so-called" crusaders on these sites exhibit the same characteristics. And now here's the "rub" ....... a real person who really does want to improve will face the truth of this, because they ALSO see, that IF they are in fact being this way in real life, that it is creating harmful effects on those people around them. You don't need anything more than an elementary school level education to understand THAT idea in its basic form.

A suggestion to people who are seeking to learn to trade ....... stop taking technology for granted. Start using pencils and paper again. There's something VERY disconnected about using tech too much. It's rather impersonal and sometimes highly impractical. EG. what IF you have an idea for something re: your trading but the phone or computer etc can't do what you want it to? Most people will try to find a workaround, but this should only ever be a last resort option. In walks the pencil and paper. I still use hard copy folders with my work because it generates "different" phases of thinking that you do not experience using tech.

What else?

Oh yes, the good old "that's not how we do things now" BELIEF AND attitude. This one is TRULY TRULY HILARIOUS

One of the biggest troubles that plague "modern people" is the attitude that the past is only good for pilfering ideas etc. CLASSIC RIGHT ?!!! Are people of today REALLY so shallow ?!!! OOOOOH I think they are !!!! Hehehehehe

If a person was to take time in looking at the past as a teacher instead of merely a recycling dumpster, then they may see that conceptual learning MUST precede something in the physical. People "believe" many things about "then vs now" without looking at the foundations of what they're even talking about. Trade platforms change their names but price and activity presence is always there. The tools may change but a tool is ONLY a tool. It went up and then down. That hasn't changed.

I've read many of the modern publications and books now re: trading etc, to find myself scratching my ass and wondering if people REALLY buy into this stuff? All this overintellectualizing. And making things sound different to how they actually are.

If you want to learn you need to think "foundation builds concept" instead of being flaky and always chasing "information". Info changes daily so it's too unstable and rarely reliable.

Happy trading and learning


Peter

Each person needs to learn or relearn how to think in different ways and directions .........





Once you stop fighting this, you are then ready to actually start thinking like the market you want to trade.

Happy learning and trading

Peter

As it says in the very first post of this thread, everything that is on this thread is about you and improving your thinking and hopefully, in turn, your own trading, which can in turn spill over into your real life.

Someone recently posted the following pic regarding something I had written .....






It needs to be made clear that I had written something to prompt people's thinking prior to this person posting their response using this pic.

The impression one may get from the statement within this pic, is that if a person cannot explain what they're doing in a situation then they are incompetent/a liar. Of course there are other ways to interpret this but these are some of the usual ones. Naturally it can also be used to push or "probe" for more information.

The trouble with this idea of things, is it implies that a specific style of process is more 'affording' of a result or, that one style of thinking and approach is potentially "better".

Society's stereotypical consensus is that people tend to be either "more" analytical or creative. But few are both. Of course if you actually read that sentence and you know a little something about real human society, you would already see how near sighted this is. And this brings us to openly talk about stylized learning vs real learning.

Majority of people I have ever met, know almost nothing (consciously) about real learning. For their entire life they've been told "what learning is and how it all happens". But if they're left alone for some time, to do something they like doing, you see a very different person. And surprisingly it doesn't matter what it is they're doing. Everything that is expressed by that person can tell you something about what and who they are and ...... what they believe.

Here is an example to display the "normal" view on education and learning .....




+



+




This is the result of a cycle of thinking. And it has to be THIS particular style of cycle of thinking, because, otherwise, the cycle would look different to what it is.

As I tried to convey to this person in the other post, let's imagine your learning is happening in a tunnel.





It has a start, a middle and an end. But as with all tunnels, you are limited to what you can do at the siding extremes. Hence the effects of a 'tunnel'. I know that many people don't see WHY this is relevant to ANYTHING, but wait ... I'm not finished explaining this ....

Now let's try another way to view this. Let's imagine you are NOT in a tunnel but you have been randomly placed inside a circle. View exhibit A ....





The automatic response from many people would be what? To locate the center of the circle right?





But is that the purpose of the process? And what is the central motivation TO the process?

So for most people they automatically make one assumption after the next, following the previous action or step, without stopping and actually thinking about what they're doing and why. AND more importantly, where this is all leading them.


This is what many people are seeking ......





Why? Because this represents what their brain actually wants. Peace at the center of what they're trying to learn and or understand. There, it can relax and take a breath. Otherwise, it remains in a flux of stress, anxiety and pressure coupled with any addictions that may be influencing them.

Now take another look at Exhibit A .....





Either of these two randomly positioned dots COULD be where someone starts their learning about trading and money, once they enter "the situation". And who's to say or judge which one is "better positioned" to succeed in learning, if the circle represents the entirety of the learning process of 'learning to trade'? There is NO center point, no exit point to the circle and no proclaimed tunnel. Just the space required to observe, make notes and to learn.

So the post I wrote which this other person responded to, was not trying to do something, or anything, that other people assumed or believed I was doing or it was doing. It was to make space beyond the assumed way of thinking and processing a situation. Life almost never hands you the situation already "in order". And so in trading, you can anticipate things the same way.

If a person is not willing to do the ground work, that may also include searching out the meanings to words etc, and the context being used, then what hope do they have to learn. They have more chance of doing everything the same way as everyone else with the same lifeless results. Many people begin by assuming there is a "right way to do something" and then they go looking for it, but I like to start by asking "what is the situation?". You cannot learn if you are assuming the status quo is true and correct and the only option.

The faculties of your thinking are mere tools and should never be treated or viewed as anything more. Once they start dictating HOW things "should" be done, you've now taken a step backwards in your own development and learning.

Each moment always contains all subjects of learning and this is something people struggle to understand ..... or even accept ....... or even just observe.

Why?

Personal Choices.

Some people choose to jump headlong into the process of learning without viewing the landscape first.

While this may seem fun in the beginning, it leads you to a place where you've made a RIPE MESS of it all. There's little or organization to it. So you won't know what you've learned vs just repeating what others have said. It all becomes a blur.

What's the solution?

First, you need to realize and accept, that whatever you bring with you into your trading activities, is always with you until you deal with it.

Next, you will need to create a blueprint of everything you learn as you go. This will start small and look basic and eventually morph into something with great depth and knowledge. Once it reaches this stage, you now have the makings of a plan. Most people don't do this and these are the people will end up penniless, or they give up, due to real life catching up with them.

Here's an eg. of what I am talking about .....





How to to do this?

Simple. Everything you learn goes on this schematic plan. Everything. It may require many pages of writing but it's worth it. You KNOW you won't remember everything so be smart and write it all down. And I would suggest you go old school and use paper and pens and pencils. At a point where it starts to take shape, you'll have those moments of AHAAAAA. They don't come from trying to memorize a process, they come from real learning.

So it doesn't matter where you start and where you enter into the area of trading, the full situation is the only way you will learn what is needed.

And finally, you will need to learn that most people cap their knowledge base BEFORE they begin. Why? Call it comfort zones or cowardice or anything else. But it is a fact that most people do this...... until they learn to outgrow that way of doing things.

Happy trading and learning


Peter

Just to test people's ability to think and connect dots of information, circumstance and real life, here are two examples of what was, what is and what feasibly will be ........

https://indonesiaexpat.id/news/pedulilindungi-turning-into-integrated-health-app-satusehat-mobile/

And this one ....

https://www.thenationalnews.com/uae/health/future-of-healthcare-microchip-implants-and-no-trips-to-the-doctor-by-2050-1.1248262

It will be interesting to observe people's reactions and thoughts on this. Seeing as most people simply do not exercise any objective thinking on a daily basis.


Peter