We are all newbies

Here are my main points:

1. Nobody wants to be a newbie

2. Nobody wants to be a newbie

3. Nobody etc...

Whether we like it or not in Forex we are all newbies at some stage. An experienced trader is a newbie when he tests a new strategy.

If you read a thread about a trading strategy that is more than a few weeks long and that strategy looks good, ask questions. Back test it. If you don't know how to back test, learn. Put the hours in. Ask questions.

People mess with perfectly good strategies because they lose some money, to make them more interesting, make themselves look knowledgeable (See point 1. ), produce gadgets (especially ea's) and often the end result is a bit of a Frankenstein's monster. But the main reasons are as follows:

1. All perfectly good strategies have losing streaks.

2. All strategies have losing streaks.

3. etc

That's why we only risk <2% isn't it?

So to sum up. Not everyone who posts here knows what they are talking about. Especially those who sound as though they know what they are talking about. Those who know what they are talking about usually stay quiet and watch the mayhem. Then they go in and pick up the pips.

shhhhhhhhh

That's what I'm talkin' about! http://www.mysmiley.net/imgs/smile/animated/anim_64.gif

Who? Me? a Newb, Noob... never!

Too true... the number of people who post giving trading advice without having a clue... it really annoys me sometimes.

Yes i am too THE Newbie.. u r not alone.

I don't mind being a newbie at all really.

I would modify your points as:

1. Nobody wants to blow out their account (again).

2. Nobody wants to give back their profits after they work hard for them.

3. Nobody wants to be in the red after commissions and taxes.

If these points are taken care of I'm sure people don't care what you call them.

Good to know that I'm not alone in this journey to be an experienced forex trader. I hope I can help others once I get enough trading knowledge.