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What kind of person can trade?

  • #21
  • Jul 20, 2010 4:58am Jul 20, 2010 4:58am
What kind of person can trade?
well,any kind of person.

"what kind of person will trade successfully?"
is a different question.
  • #22
  • Jul 20, 2010 5:37am Jul 20, 2010 5:37am
You mean, who can trade successfully? Anyone who has plan and follows it. I know hundreds of people who lost fortunes in this business. None of them had a plan. Business, trading plan.

It's interesting to see how people spend years learning other "jobs", but going to trading without anything.
  • #23
  • Jul 20, 2010 5:45am Jul 20, 2010 5:45am
What kind of person can trade?

The one who doesn't need to know what kind of person can trade.
  • #24
  • Jul 20, 2010 6:12am Jul 20, 2010 6:12am
So I start a thread in mid-2009, nobody answers, and then over a year later, in one day we have two pages of posts.

To the poster above me: In opening this thread I was hoping to find if there was any relation between trading success and education/professional backgrounds. Does wondering about that mean that I wont ever make any money trading? Use your head man.
Living the adventure in my head.
  • #25
  • Jul 20, 2010 6:16am Jul 20, 2010 6:16am
Quoting CindyXXXX


lol whatever makes the equity curve rise... Wonder how many traders are sitting there considering the old nip and tuck right now
lol, perhaps quite a few.
  • #26
  • Jul 20, 2010 6:23am Jul 20, 2010 6:23am
Hi Leon Lorenzo,

My answer for your question, if it matters now after so many time after you opened this thread is:

Profitable traders are those who are able to make they own decisions based on their own analysis. I believe thatīs why some profitable trades make a arrogant picture sometimes.

Cheers mate and good luck with the job thing, was a nice idea posting it at your profile.

Red.
  • #27
  • Jul 20, 2010 6:25am Jul 20, 2010 6:25am
I think the question is "what type of person CANT trade"?

And with that I am leaving this site for good.
Time hides Nothing
  • #28
  • Jul 20, 2010 6:27am Jul 20, 2010 6:27am
Quoting Leonlorenzo
So I start a thread in mid-2009, nobody answers, and then over a year later, in one day we have two pages of posts.

To the poster above me: In opening this thread I was hoping to find if there was any relation between trading success and education/professional backgrounds. Does wondering about that mean that I wont ever make any money trading? Use your head man.
I think the poster above you is me...
Anyway, traders when do their job have to ask themselves a lot of questions, but if one of this question is "What kind of preson can trade?" it's better they save time and money doing something else.
  • #29
  • Jul 20, 2010 6:45am Jul 20, 2010 6:45am
Quoting metcalfe
I think the poster above you is me...
Anyway, traders when do their job have to ask themselves a lot of questions, but if one of this question is "What kind of preson can trade?" it's better they save time and money doing something else.
I'm not currently a trader doing my job... so by your logic I'm free to ask whatever questions I wish at the moment.

Is it so wrong for an aspiring trader to want to know what skills successful traders have brought to the table which have enabled them to do well? The answer is NO imo.

I get the feeling you're up for some back and forth arguement... so I'll tell you now that I have not got the time.
Living the adventure in my head.
  • #30
  • Jul 20, 2010 6:54am Jul 20, 2010 6:54am
Some have natural intuition after learning the fundamental and technicals of market and others rely on other experts judgement
  • #31
  • Jul 20, 2010 7:00am Jul 20, 2010 7:00am
Quoting Leonlorenzo
I'm not currently a trader doing my job... so by your logic I'm free to ask whatever questions I wish at the moment.

Is it so wrong for an aspiring trader to want to know what skills successful traders have brought to the table which have enabled them to do well? The answer is NO imo.

I get the feeling you're up for some back and forth arguement... so I'll tell you now that I have not got the time.
And an newbie instead of asking "How can I become a good trader" should ask what kind of person can trade...
You know what? you're right. 2k+ posts leave you so much time to trade.
What kind of person can trade? the one who doesn't lose its time posting.
But it's my bad jumping in stupid threads.
  • #32
  • Jul 20, 2010 7:55am Jul 20, 2010 7:55am
Quoting supremeChaos
What kind of person can trade?
well,any kind of person.

"what kind of person will trade successfully?"
is a different question.
I agree
"Buy on fear, sell on greed !!!
  • #33
  • Jul 20, 2010 8:34am Jul 20, 2010 8:34am
Quoting Rob Mondave
The charts are just one long, continuous jazz improvisation - and just as a good improvisor can lead the music from one climax to the next in a fairly predictable manner, with an occasional twist, so the charts move.
Beautiful.

The clue is that, no matter how crazy the improvisation, it will always have to be based on a scale...
  • #34
  • Jul 20, 2010 9:48am Jul 20, 2010 9:48am
doblece,
scale... as in 'do re mi fa so la ti do'

Musicians in the house
  • #35
  • Jul 20, 2010 10:04am Jul 20, 2010 10:04am
Quoting metcalfe
You know what? you're right. 2k+ posts leave you so much time to trade.
What kind of person can trade? the one who doesn't lose its time posting.
But it's my bad jumping in stupid threads.
My profile says I have made less than two posts a day, on average, at FF; believe it or not quite a few of them have helped me out in my endeavour, unlike this one. Wow, if I wouldn't have made two posts a day... I could be a millionaire by now. :/
Living the adventure in my head.
  • #36
  • Jul 20, 2010 10:21am Jul 20, 2010 10:21am
Quoting Leonlorenzo
I get the feeling you're up for some back and forth arguement... so I'll tell you now that I have not got the time.
Whenever I stumble across your posts it always seems that you are in some sort of scuffle with someone only this time I don't think you started it. And what do you mean aspiring trader? Are you not trading a real account yet?
Nothing worth having is easy.
  • #37
  • Jul 20, 2010 10:35am Jul 20, 2010 10:35am
Quoting Patience
Whenever I stumble across your posts it always seems that you are in some sort of scuffle with someone only this time I don't think you started it. And what do you mean aspiring trader? Are you not trading a real account yet?
I don't start 'scuffles', and I don't consider having a live account the only condition for classification as a 'real trader'. I'm an aspiring trader because I don't make a living or any kind of reasonable income from trading... in my mind there is no difference between a person who uses a demo account and one who uses a small live account.

Round-up: No, I don't trade on a large live account, but I hope to, so I'm therefore an aspiring trader.

PS. I quite like your posts... you seem to have a handle on the currency markets.
Living the adventure in my head.
  • #38
  • Jul 20, 2010 11:35am Jul 20, 2010 11:35am
Quoting Leonlorenzo
I don't start 'scuffles', and I don't consider having a live account the only condition for classification as a 'real trader'. I'm an aspiring trader because I don't make a living or any kind of reasonable income from trading... in my mind there is no difference between a person who uses a demo account and one who uses a small live account.

Round-up: No, I don't trade on a large live account, but I hope to, so I'm therefore an aspiring trader.

PS. I quite like your posts... you seem to have a handle on the currency markets.
Don't you remember when we met on FF originally? I don't think you liked my posts back then. Maybe because I didn't have any v's to impress you with

And I'd have to disagree and say that there is a difference (to me) between someone who uses a demo account and one who uses a small account. I think it's called psychology

Anyway, keep plodding along with the market. I'm not planning to get super rich from this, but maybe you will
Nothing worth having is easy.
  • #39
  • Jul 20, 2010 11:57am Jul 20, 2010 11:57am
Quoting Troika77
Personally, I would prefer an educated person if I was hiring traders. Because, at least, they have demonstrated that they can start something and then finish it (i.e. earn a degree). It also means that this person is probably much more dependable than most.
That's fine, and most employers would agree. I don't because I view potential skill as far more important (referring only to trading), and I think requiring a certain level of education will rule out many good candidates. I went to school with a lot of high achievers and future upper management/lawyers, and I'd be no more likely to hire them than some random person off the street. I'd rather go to the local casino and hire a poker pro!

We may disagree on background, but I think we'll agree that a resume is just a resume, and the interview counts for far more. I'd be interesting in hiring a trader just to mess with their heads!
  • #40
  • Jul 20, 2010 12:06pm Jul 20, 2010 12:06pm
Quoting Patience
Don't you remember when we met on FF originally? I don't think you liked my posts back then. Maybe because I didn't have any v's to impress you with

And I'd have to disagree and say that there is a difference (to me) between someone who uses a demo account and one who uses a small account. I think it's called psychology

Anyway, keep plodding along with the market. I'm not planning to get super rich from this, but maybe you will
Re. Demo and small live accounts: There is no difference other than the one you mentioned. The people who use both are generally of the same skill and achievement level.

I have a very bad memory for the little things... I hope I wasn't horrible.

GL, you too.

Leon
Living the adventure in my head.
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