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Newbie Traders: Trading Advice from Someone With Beard

  • #1
  • First Post: Jan 1, 2010 7:12pm Jan 1, 2010 7:12pm
the advice is to learn to analyze charts and make your own decisions instead of blindly following someone's signals.
  • #2
  • Jan 1, 2010 7:41pm Jan 1, 2010 7:41pm
many elect not to because it's the easy way out, nice try though hnosair.
  • #3
  • Jan 1, 2010 7:42pm Jan 1, 2010 7:42pm
Quoting hnosair
the advice is to learn to analyze charts and make your own decisions instead of blindly following someone's signals.
couldn't agree more.
  • #4
  • Jan 2, 2010 11:33am Jan 2, 2010 11:33am
Quoting hnosair
the advice is to learn to analyze charts and make your own decisions instead of blindly following someone's signals.
What if my goal is to get money and never learn? What if I followed a trader with a log of hundred pips a month? Don't u realise that different people have different goals? Also not all people have too much time.
  • #5
  • Jan 2, 2010 11:54am Jan 2, 2010 11:54am
Quoting hnosair
the advice is to learn to analyze charts and make your own decisions instead of blindly following someone's signals.
Do your own due diligence.
  • #6
  • Jan 2, 2010 1:50pm Jan 2, 2010 1:50pm
Quoting Brb-Fraudin
What if my goal is to get money and never learn? What if I followed a trader with a log of hundred pips a month? Don't u realise that different people have different goals? Also not all people have too much time.
give a man a stinky fish, he would have to eat it. teach him to fish, he would eat fresh fish
  • #7
  • Jan 2, 2010 3:02pm Jan 2, 2010 3:02pm
Quoting hnosair
give a man a stinky fish, he would have to eat it. teach him to fish, he would eat fresh fish
Wrong . With my Blackberry ,and continous amounts of RSS feeds ,I'll eat fish forever.
  • #8
  • Jan 3, 2010 1:34am Jan 3, 2010 1:34am
Quoting hnosair
give a man a stinky fish, he would have to eat it. teach him to fish, he would eat fresh fish
teach a man to fish, but not all the same way how you're fishing , so he wouldn't take all the fishes and left nothing for you, LOL
just kidding anyway, no hard feelings dude ^^
  • #9
  • Jan 3, 2010 6:05am Jan 3, 2010 6:05am
Quoting in_drag88
teach a man to fish, but not all the same way how you're fishing , so he wouldn't take all the fishes and left nothing for you, LOL
just kidding anyway, no hard feelings dude ^^
no problem. the fish proverb is for amusement. all are welcome to reply.
  • #10
  • Last Post: Jan 5, 2010 6:52pm Jan 5, 2010 6:52pm
Quoting Brb-Fraudin
What if my goal is to get money and never learn? What if I followed a trader with a log of hundred pips a month? Don't u realise that different people have different goals? Also not all people have too much time.
But nobody is doing forex for fun as far as I'm concerned. Most want to make money here. Nobody is forcing you to learn anything either. One of the advantages I can think of as pro-education is that you would be able to watch your trade and calculate based on your judgment when you think you want to exit it (in order to save from extra losses). What if the person you follow has a larger equity and could afford the wider stops? While it may cost him 2% of his equity, it might cost another follower a lot more

Just my opinion
Trends, breakouts, price action.
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