A good trader never says what he's buying or selling because... | Forex Factory

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A good trader never says what he's buying or selling because...

  • #1
  • First Post: Jun 24, 2009 3:09pm Jun 24, 2009 3:09pm
..do never say what he's buying or selling to anyone, because..
  • #2
  • Jun 24, 2009 3:26pm Jun 24, 2009 3:26pm
Someone might steal his charts?
  • #3
  • Jun 24, 2009 3:34pm Jun 24, 2009 3:34pm
someone might hunt his stops?
  • #4
  • Jun 24, 2009 5:00pm Jun 24, 2009 5:00pm
A good trader do...

to bi do - tra ra - pam pam - tu du.
  • #5
  • Jun 24, 2009 8:04pm Jun 24, 2009 8:04pm
Quoting tunera
..do never say what he's buying or selling to anyone, because..
he does not want to get contradicted.
The only way to get smarter is by playing a smarter opponent.
  • #6
  • Jun 24, 2009 8:11pm Jun 24, 2009 8:11pm
because some traders have more regard for their self respect than fearlessly expressing their opinions and that is also in a business that can prove anyone wrong except gods.
The Thief of Wall Street
  • #7
  • Jun 24, 2009 8:47pm Jun 24, 2009 8:47pm
Is the original question based on a valid premise?
  • #8
  • Jun 25, 2009 12:35am Jun 25, 2009 12:35am
Quoting tunera
..do never say what he's buying or selling to anyone, because..
Because they dont have Balls Between their Leg's. Otherwise If you are a live trader & trading successfully than What's the Big Deal???
  • #9
  • Jun 26, 2009 2:30am Jun 26, 2009 2:30am
Quoting PipHacker
Because they dont have Balls Between their Leg's. Otherwise If you are a live trader & trading successfully than What's the Big Deal???
  • #10
  • Sep 11, 2009 9:17am Sep 11, 2009 9:17am
because your not yet sure of what he's saying, otherwise you might experience losses
  • #11
  • Sep 11, 2009 10:18am Sep 11, 2009 10:18am
...because a noob might follow you and take it as a trade recommendation. If you do not understand why the trade is taken, what research the trade is based upon and when the trade is no longer valid, then you have no business taking it. I'm sure most people here wouldn't do it, but some definitely would. I think it was Buffet who said 'risk comes from not knowing what you are doing.'

..because someone might listen. I couldn't give a toss if George Soros and his crew are short when I'm bullish, and if they are, I don't want to hear about it. For this reason, why do I think that anyone else should or would give a toss that I'm bullish?
  • #12
  • Edited 11:18am Sep 11, 2009 10:18am | Edited 11:18am
No, because it don't give any additional profit, i mean why somebody should place his trades in a forum? what is the return?

Somebody may say "just to help newbies", but there is no help in give trading signals, because doing this the trader who read and execute the signals don't learn nothing, and all profit made will be lost in some further bad trade.

So, good traders never says what they buy or sell because it is useless

My thinking..


(birdt and Dopey i agree with your ideas very much!)
  • #13
  • Sep 11, 2009 11:05am Sep 11, 2009 11:05am
Because it's no one else's business.
  • #14
  • Sep 11, 2009 11:25am Sep 11, 2009 11:25am
Quoting tunera

because doing this the trader who read and execute the signals don't learn nothing,
Maybe they don't care if they learn and think they can make money by following some self promoting self proclaimed market wiz....Highly doubtful at best...very poor plan of action (probably don't have any plan) ..probably a desperate act..

...but I do agree with your end thought..

also,
good post birdt...

quote:
If you do not understand why the trade is taken, what research the trade is based upon and when the trade is no longer valid, then you have no business taking it. I'm sure most people here wouldn't do it, but some definitely would. I think it was Buffet who said 'risk comes from not knowing what you are doing.'
  • #15
  • Sep 11, 2009 11:48am Sep 11, 2009 11:48am
cos a good trader doesnt really know wer the market is going ...
To Live is the rarest thing in the world , Most people exist , that is all
  • #16
  • Sep 11, 2009 2:17pm Sep 11, 2009 2:17pm
I suspect a 'good' trader might talk if he was trying to sell something...so would a 'crooked' one. It can be difficult to tell the difference.


Phil
  • #17
  • Sep 11, 2009 3:47pm Sep 11, 2009 3:47pm
because he's trying to take your money.
  • #18
  • Sep 11, 2009 4:55pm Sep 11, 2009 4:55pm
Every good trader has an approach.

Trading is unemotional - why let come other emotions to his business?
He doesn't care of other opinions, he follows his plan.

The most traders don't understand the fundamentals/basics.

One or two losing trades will wipe out their accounts and he will be held responsible for it.

If you trade some simple strategies they won't believe you're making money with it.

The problem is not to being right.
It is how you're managing the risk.
  • #19
  • Sep 11, 2009 4:59pm Sep 11, 2009 4:59pm
Quoting Mr-Forex
Every good trader has an approach.

Trading is unemotional - why let come other emotions to his business?
He doesn't care of other opinions, he follows his plan.

The most traders don't understand the fundamentals/basics.

One or two losing trades will wipe out their accounts and he will be held responsible for it.

If you trade some simple strategies they won't believe you're making money with it.

The problem is not to being right.
It is how you're managing the risk.
This is the best answer so far i read in this thread
  • #20
  • Sep 11, 2009 6:25pm Sep 11, 2009 6:25pm
I have no clue what a good trader says or does not...
Stubbornly persistent
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