Listen guys
Don't marry yourself to anything nor any market. Be diverse. I know this is a forex forum and everything but will be nice for you to learn about equities, bonds etc. Think outside the box. You have no idea how the forex market will be by 2008??? so if you're married with this market and things goes south, then you're screwed... Markets conditions do change.
Another thing, don't take anything you see or hear as a face value. Don't drawn yourself into this "how to trade the NFP" or "surefire systems" outhere. On the long run, that's a looser's game.
Yeah you get excited when you win I mean it's normal. This is a long race, not a sprint. You have a "crossover system" that has a 99.9% of accuracy in backtesting...wow impressive isn't?? So you start pumping your hard earned dollars( and in many cases borrowed) and after a period of time (many times short) the market begins to shift......on boy what should I do now???? I just lost 67k I borrowed from uncle Tom
Don't be a fool. The market is nasty my friend. Remember back in Feb 2007??
Real players are the one's who take the market as it is - a big auction. they read price and act accordingly. My challenge to all of you is to start thinking differently.
Of course there;s plenty of money to be made on the markets
Just take time to understand what's going on. Be an avid student of the market, not a system - That's why I named this thread with irony
All begins with price., once you get the hang of it, you feel that you're in business. Don't take my word and try it.
Talking from experience
Just a little food for though
Peace
Don't marry yourself to anything nor any market. Be diverse. I know this is a forex forum and everything but will be nice for you to learn about equities, bonds etc. Think outside the box. You have no idea how the forex market will be by 2008??? so if you're married with this market and things goes south, then you're screwed... Markets conditions do change.
Another thing, don't take anything you see or hear as a face value. Don't drawn yourself into this "how to trade the NFP" or "surefire systems" outhere. On the long run, that's a looser's game.
Yeah you get excited when you win I mean it's normal. This is a long race, not a sprint. You have a "crossover system" that has a 99.9% of accuracy in backtesting...wow impressive isn't?? So you start pumping your hard earned dollars( and in many cases borrowed) and after a period of time (many times short) the market begins to shift......on boy what should I do now???? I just lost 67k I borrowed from uncle Tom
Don't be a fool. The market is nasty my friend. Remember back in Feb 2007??
Real players are the one's who take the market as it is - a big auction. they read price and act accordingly. My challenge to all of you is to start thinking differently.
Of course there;s plenty of money to be made on the markets
Just take time to understand what's going on. Be an avid student of the market, not a system - That's why I named this thread with irony
All begins with price., once you get the hang of it, you feel that you're in business. Don't take my word and try it.
Talking from experience
Just a little food for though
Peace
Peace