DislikedThe market is a big world, how do you cut the shit and spend your time on the right factors?Ignored
http://blogs.wsj.com/source/2009/12/...al-regulation/
Nobody has a crystal ball. But some can peek a little ahead.
Mindset Mindset Mindset!!! 12 replies
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DislikedThe market is a big world, how do you cut the shit and spend your time on the right factors?Ignored
DislikedWhy am I such an idiot as to not have worked all this out by now?Ignored
DislikedI feel ya there. I have read and reread that latest post by trizzle and nothing is really clicking, no light bulb coming on. I'm reading a shitload of crap lately suggested by folks here, and no light bulbs are going off over my head.Ignored
DislikedI feel ya there. I have read and reread that latest post by trizzle and nothing is really clicking, no light bulb coming on. I'm reading a shitload of crap lately suggested by folks here, and no light bulbs are going off over my head.
I feel like maybe im overloaded and having a hard time seeing the trees for the forest. I plan on spending the 4 weeks between may and june 15th in as much solitary confinement as possible. It's time to reflect again on who I am and what I believe, and find out what parts of those to things are holding me back and...Ignored
DislikedI feel ya there. I have read and reread that latest post by trizzle and nothing is really clicking, no light bulb coming on. I'm reading a shitload of crap lately suggested by folks here, and no light bulbs are going off over my head.
I feel like maybe im overloaded and having a hard time seeing the trees for the forest. I plan on spending the 4 weeks between may and june 15th in as much solitary confinement as possible. It's time to reflect again on who I am and what I believe, and find out what parts of those to things are holding me back and...Ignored
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Where is the book that explains how all these different markets (bonds, currencies, commodities, equities, derivatives) fit together and function? If this is so obvious then where is the beginners book?Ignored
DislikedYeah, I get exactly what he's saying but the annoying part is in the details... How does one gauge expectations? How do you consolidate events that actually matter (there are many, daily)? How do you consolidate what currently happening in the market THAT MATTERS....?
The whole information side of things completely brings me to a dead end. I've got bloom-berg, Reuters, forex live, WSJ, etc etc. But there's just not enough hours in a day to analyze them all and sort the wheat from the chaff. Something is seriously stopping me somewhere and I haven't...Ignored
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The whole information side of things completely brings me to a dead end. I've got bloom-berg, Reuters, forex live, WSJ, etc etc.Ignored
DislikedThe market is a big world, how do you cut the shit and spend your time on the right factors?Ignored
DislikedI haven't read it myself yet but it's on the list.
http://www.amazon.com/Currency-Tradi.../dp/0470226234
Regarding all other questions I think the answer is experience.Ignored
DislikedTo me this is the key to successful trading, i.e. to consciously choose how external stimuli are first experienced and then internally represented.
So not "trade what you see" or "stick to your rules" but training yourself to think, see and act in an integrated manner, which can only be done by letting the market teach you, by truly listening. So it requires a good measure of self-awareness and perceptiveness.Ignored
DislikedYeah, I get exactly what he's saying but the annoying part is in the details... How does one gauge expectations? How do you consolidate events that actually matter (there are many, daily)? How do you consolidate what currently happening in the market THAT MATTERS....?
The whole information side of things completely brings me to a dead end. I've got bloom-berg, Reuters, forex live, WSJ, etc etc. But there's just not enough hours in a day to analyze them all and sort the wheat from the chaff. Something is seriously stopping me somewhere and I haven't...Ignored
DislikedYou may want to just concentrate on one pair only. As far as I remember DS used to trade UJ only at one time. I have been following only GU for the last couple of months. Right now, it's kind of in a lull, in anticipation of the news events tomorrow. Expect to see some solid moves soon....Ignored
DislikedI don't think light bulbs will light from reading the forum. It will however when you spend the time doing homework and reading the actual market. And then you'll be surprised how you hadn't seen it before even though it was said many times on the forum.Ignored
DislikedCindyXXXX - Don't just use one source... Before anything, read up on bloomberg.com and reuters.com there you'll find what the market is focusing on, whats the story in play etc, whats going on across markets...
Then read IFR and forexlive briefings and 1 or 2 bank reports (UBS and Bank of NY Mellon are what I use)... but remember just take the facts and don't let there opinions get in the way.
Get your levels where the orderflow is, this can be found on the chart, not just stop levels... and rumors can help also but aren't needed.
Then you watch...Ignored
DislikedSpeaking of IFR, I'm currently getting a free feed off DBFX's bi-monthly demo account. Very useful. Unfortunately DBFX will be closing down and selling up at the end of this week, so no more free feed. Does anyone know where we can alternate access to IFR?
Thank you.Ignored