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No more BS - What have you learned?

  • #21
  • Edited 9:33pm Sep 7, 2010 9:18pm | Edited 9:33pm
"time, positive expectation, exposure will inevitably create your profits." -

pipEASY.

http://www.forexfactory.com/showthre...45149&page=141


I must agree and in my 'own' words would say Participation + Patience = Pips (positive expectancy)!
As long as you keep your losers on a lease.

Dan
  • #22
  • Sep 7, 2010 9:20pm Sep 7, 2010 9:20pm
I have learned to stop reading the forums and be influenced by peoples subjective theories in taking a direction.

I have learned that my analysis is as good and bad as everybody else.

I have learned that the game we play is both won and lost in your mind and in your reflexes.

I have also learned that xxxx doesn't taste as good as Carlton Draught
  • #23
  • Edited 11:59pm Sep 7, 2010 11:47pm | Edited 11:59pm
Wow thanks everyone for the in depth replies

Exactly what I was aiming for

Going to have a think about it and make my own list

Thanks

Quoting ozpips
I have also learned that xxxx doesn't taste as good as Carlton Draught
lol - Just dont add them togeather!
Time hides Nothing
  • #24
  • Sep 7, 2010 11:48pm Sep 7, 2010 11:48pm
that all is bullshit, nothing is certain, and it doesn't matter
Invincibility lies in the defence, the possibility of victory in the attack
  • #25
  • Sep 7, 2010 11:53pm Sep 7, 2010 11:53pm
Quoting ozpips
I have also learned that xxxx doesn't taste as good as Carlton Draught
Isn't that like comparing turds to poos?
The breaking of a wave cannot explain the whole sea.
  • #26
  • Sep 8, 2010 12:17am Sep 8, 2010 12:17am
Quoting silverheat
that all is bullshit, nothing is certain, and it doesn't matter
Interesting silverheat

Care to elaborate?
Time hides Nothing
  • #27
  • Edited 1:23am Sep 8, 2010 12:19am | Edited 1:23am
You hear some people saying the trend isnt your friend its your lover.

Then you hear others saying the trend is NOT you friend.

I agree with both

Hint: There is NEVER 1 trend
Time hides Nothing
  • #28
  • Sep 8, 2010 12:47am Sep 8, 2010 12:47am
Quoting CindyXXXX
Interesting silverheat

Care to elaborate?
i'll start a short thread about it, end of week maybe, i have to find the words first
Invincibility lies in the defence, the possibility of victory in the attack
  • #29
  • Sep 9, 2010 7:35am Sep 9, 2010 7:35am
CindyXXXX, my dear brother, everything BUT the entry and strategy side of things?

I learnt that for many people trading is so personal, they are almost offended when you naively ask a question why did they do this or that. So I learnt it's best not to touch that subject at all.
forget about tomorrow, just steal away into the night
  • #30
  • Sep 9, 2010 7:41am Sep 9, 2010 7:41am
Quoting CindyXXXX
You hear some people saying the trend isnt your friend its your lover.

Then you hear others saying the trend is NOT you friend.

I agree with both

Hint: There is NEVER 1 trend
I believe its NEITHER. Screw the trend, Go off the beaten path and follow the money. Where to money goes, you should go. Just bring protection.
  • #31
  • Sep 9, 2010 7:44am Sep 9, 2010 7:44am
#1 thing I've learned:

to learn
  • #32
  • Sep 9, 2010 8:00am Sep 9, 2010 8:00am
I am basically new. I have not even commenced forec training but I have read a lot and I am sure will do well.

I believe that in order to do well as a beginner, its best you lean on others to some extent but you start standing on your own feet. Also demo trade well and make sure you have a good system in place thjat has proven to be effective.

I now want to know where I can get good signals from especially those good at interpreting the news i.e. what will happen if interest erayes go up by 50basis point s ot blah blah blah.

I also want a relaible broker. I don'y have much cash. If you know any relable broker that can start with little or even no cash (maybe give me something for opening an account) I will be very grateful.

You can reach me on [email protected]. I am very very keen
  • #33
  • Sep 9, 2010 8:00am Sep 9, 2010 8:00am
Quoting spekitox
CindyXXXX, my dear brother, everything BUT the entry and strategy side of things?

I learnt that for many people trading is so personal, they are almost offended when you naively ask a question why did they do this or that. So I learnt it's best not to touch that subject at all.
This thread is proving your point Thats what makes it so interesting (for me anyway )
Time hides Nothing
  • #34
  • Sep 9, 2010 8:02am Sep 9, 2010 8:02am
Quoting Jhig
I believe its NEITHER. Screw the trend, Go off the beaten path and follow the money. Where to money goes, you should go. Just bring protection.
THE trend? My point exactly and I agree
Time hides Nothing
  • #35
  • Sep 9, 2010 8:07am Sep 9, 2010 8:07am
Never give up and you will make it.
  • #36
  • Sep 9, 2010 8:28am Sep 9, 2010 8:28am
I've learned that trading chat forums are mostly 95% losing traders sharing silly advise back and forth.

The good news is that 5% of the people in here actually can give you some good advise now and then.
  • #37
  • Sep 9, 2010 10:00am Sep 9, 2010 10:00am
That you can have a really good sense of timing, or a sure knowledge of direction, but not both.
SL's and long holds catch the drift.
  • #38
  • Sep 9, 2010 10:27am Sep 9, 2010 10:27am
Quoting CindyXXXX
Tell me what you've learnt in your trading experience
That it's gambling but some people like to call themselves "traders".
Nothing worth having is easy.
  • #39
  • Sep 9, 2010 10:33am Sep 9, 2010 10:33am
What I've learnt?

Getting a comfy cushion for your butt because piles will be a certainty.

And yes, all trading related
  • #40
  • Sep 9, 2010 11:07am Sep 9, 2010 11:07am
I've learned that trading is really learning about yourself. The things I've done over the years in pursuit of consistency would probably not have been done otherwise. I can honestly say I'm a better person because of trading.
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