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Nuggets O' Wisdom

  • #1
  • First Post: May 27, 2010 3:38pm May 27, 2010 3:38pm
Lay them on us newbies, the things that you might think are common sense to you experienced guys are pure gold for us newbies.

I.E. Short and Sweet

1. Trade the Trend
2. The longer the range the bigger the breakout
3. etc.
  • #2
  • May 27, 2010 5:40pm May 27, 2010 5:40pm
Don't try to force it. It will come to you.

Attached Image (click to enlarge)
Click to Enlarge Name: jedi.jpg Size: 74 KB
Gone to a better place
  • #3
  • May 27, 2010 6:08pm May 27, 2010 6:08pm
Don't get high off your own supply.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #4
  • May 27, 2010 6:35pm May 27, 2010 6:35pm
Always treat your kite like you treat your woman!

(Not an "experienced guy", but it's still true)
  • #5
  • May 28, 2010 3:45am May 28, 2010 3:45am
don't trade. play with a loaded gun instead.... it's safer.
Congratulations ScalaFX for coming out of the closet!
  • #6
  • May 28, 2010 4:12am May 28, 2010 4:12am
The darker the berry the sweeter the juice.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #7
  • May 28, 2010 4:23am May 28, 2010 4:23am
Quoting LasVahGoose
The darker the berry the sweeter the juice.
The blacker the skin, and the deeper the roots..

2pac for ya, anyway...

Here's a nugget for ya, quoted from Talladega Nights (2008)

'Well let me just quote the late-great Colonel Sanders, who said..."I'm too drunk to taste this chicken." '
  • #8
  • Edited 6:29am May 28, 2010 6:14am | Edited 6:29am
Wisdom? Perhaps not. Reality? More likely:If you've been trading for at least 2 years the chances are that you are still trying to get it right - the best way to turn the corner is to stop searching forums for the answers, but to instead crawl up your own arse with a microscope and take an invasive and brutal look at the trades you've taken and why you've taken them. You have more than enough data to work it out, so stop distracting yourself with crap like this and start focussing on the reality of your own actions and their consequences.
  • #9
  • May 28, 2010 6:50am May 28, 2010 6:50am
Quoting Hedginghog
Wisdom? Perhaps not. Reality? More likely:If you've been trading for at least 2 years the chances are that you are still trying to get it right - the best way to turn the corner is to stop searching forums for the answers, but to instead crawl up your own arse with a microscope and take an invasive and brutal look at the trades you've taken and why you've taken them. You have more than enough data to work it out, so stop distracting yourself with crap like this and start focussing on the reality of your own actions and their consequences.
Ooh that's quite good
  • #10
  • May 28, 2010 7:31am May 28, 2010 7:31am
When you think its time to enter, wait half an hour more !!

(both personally and professionally)
  • #11
  • May 28, 2010 7:38am May 28, 2010 7:38am
Quoting charron
When you think its time to enter, wait half an hour more !!

(both personally and professionally)
that's what she said
Congratulations ScalaFX for coming out of the closet!
  • #12
  • Edited 7:54am May 28, 2010 7:42am | Edited 7:54am
"I'm already in what are u talking about wait??!"
  • #13
  • May 28, 2010 9:51pm May 28, 2010 9:51pm
one more thing,

After you enter a trade, STOP LOOKING AT IT.
Turn off the computer and come back in couple of hours.

Worst thing you could do is to look at up/down movement of each tick. It will cloud your judgement and make you go nuts.
  • #14
  • May 29, 2010 12:20am May 29, 2010 12:20am
A bird in hand is better than 2 birds in the bush.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #15
  • May 30, 2010 9:04am May 30, 2010 9:04am
No Hope.
No Fear.
No expectations.
No Think - just do it.
No micro-management.

Works good for me.

merda taurorum animas conturbit
  • #16
  • May 30, 2010 3:15pm May 30, 2010 3:15pm
Beauty maybe only skin deep, but ugly goes down to the bone.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #17
  • May 30, 2010 5:51pm May 30, 2010 5:51pm
1. Know your risk
2. Preserve your capital
3. Plan your Trade
4. Trade Your Plan
It never gets easier, you just get better
  • #18
  • May 30, 2010 5:56pm May 30, 2010 5:56pm
money talks
  • #19
  • May 30, 2010 5:56pm May 30, 2010 5:56pm
which is also a funny ass christ tucker film, btw
  • #20
  • Jun 3, 2010 2:58am Jun 3, 2010 2:58am
These are very healthy:

http://www.health-foodie.com/2010/03...icken-nuggets/

Look after yourself - sleep regularly - keep fit - eat well - take time away from the screen.

See? Not everything I post is just flippant...
Gone to a better place
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