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Healthy signs for a trader

  • #41
  • Nov 3, 2009 1:43pm Nov 3, 2009 1:43pm
another classic for the discretionary or bored trader

 

  1. when you look for reasons not to enter a trade

Invincibility lies in the defence, the possibility of victory in the attack
  • #42
  • Nov 3, 2009 3:23pm Nov 3, 2009 3:23pm
Quoting silverheat
another classic for the discretionary or bored trader

 

  1. when you look for reasons not to enter a trade

Yeah, true! Agreed!
  • #43
  • Apr 21, 2010 6:16pm Apr 21, 2010 6:16pm
You understand that volume is not an edge in a decentralized market.
Measure twice, cut once
  • #44
  • Apr 22, 2010 11:44am Apr 22, 2010 11:44am
Here's what a think healthy signs are:

When you realize that it's possible to have a losing trade which is a good trade, and a winning trade which is a bad trade.

When you realize that success is not measured through outcomes or through return percentages.

When you realize that percent returns are essentially unlimited, but that they are meaningless in "absolute" terms like "adequate", "inadequate", "good or bad", as they are simply creative expressions of your skills plus the market's uncertainty.

When you realize that winning is applying yourself 100% to making the best possible decisions, and losing is applying yourself less than 100% to making the best possible decisions.
  • #45
  • Apr 22, 2010 11:47am Apr 22, 2010 11:47am
Quoting Lionstrike
When you realize that winning is applying yourself 100% to making the best possible decisions, and losing is applying yourself less than 100% to making the best possible decisions.
nice as in sports
Invincibility lies in the defence, the possibility of victory in the attack
  • #46
  • Last Post: Aug 30, 2010 7:47pm Aug 30, 2010 7:47pm
Quoting aediaz1
Other/new strategies doesn't interest you at all
You don't care about other's point of view regarding the market
What you see/interpret from a chart/macroeconomics successfully, cannot be explained nor understood by any others than yourself
You rarely need more than a few seconds to decide if you have a scenario or not
You get more picky (and conservative) about trading-scenarios
You can't understand why people need more than 1:10 gearing
You understand that you cannot be short and long at the same time on a currency-pair...
//---

just happened to be scrolling thru someones prior posts and ended up here....

only to find i'm unhealthy..... bummer.....

//-----

(1) Other/new --> it all interests me ..... -1

(2) You don't care --> highly value differing opinions ..... -2

(3) What you see --> by no 1 but me?, what are those odds ..... -3


(4) You rarely need --> a few seconds???? ..... -4

(5) You get more picky --> this i get +1 ...... -3

(6)You can't understand --> yes i can ...... -4

(7) You understand ---> ain't touching this one either way +0 ......-4

(8) Not even slightly ---> very concerned ......-5

(9) "Getting it" have ---> judging from my score so far
apparently i've yet to get it ......-6

//----

oh heck with it... failing anyway.... give me a -1 for number(7) also ......

total score ......-7


confession is over........now i can be cured......h
to trade and code, keep both simple... no call to impress....h
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