The absolute truth is - I'm right and you're wrong

How much time and effort do you put in to proving to people on internet forums that you're beliefs and methods of trading are "right" and that everyone else is "wrong"?

Does this exercise serve any purpose or add any value to your results?

The way I see it is that we all have individual beliefs about what works and what doesn't and with work we can develop a method and system that suits our individual personality, life situation and objectives.

I believe that a need to be right and a hungry, inflated and insecure ego are big obstacles to making it in this business.

If you've cracked the code to taking some money and turning it into more money and it works for you consistently then keep doing what you're doing - whatever it is.

BTW don't bother arguing with anything I've just said because I'm right, you're wrong and if you disagree with me then you don't know WTF you're talking about and you will fail

I really agree with you

But sadly, what you are saying will fall on 'a lot of' deaf ears here on FF

I agree. that's why i hate talking to most people here or on any forum. there's good stuff here and there but the negatives far outweighs the positives

http://imgs.xkcd.com/comics/duty_calls.png

Trading is an evolving process. There are things that I do today that I thought I would never do a year or two ago as a trader. This why you have to keep an open mind at all times. I don't disagree with folks on this forum; I respectfully disagree. I might disagree with them today, but I may change my mind later on as I am exposed to more data.

Ego provides the confidence needed to take risks (eg, trading). You cannot be without it and trade, unless your system is completely mechanical. As a discretionary trader the best you can do is to develop awareness and over time control over your ego.

Most of the people on forums are not trying to impose their system or strategy. I think forums are a place to share and most of the traders are sharing. I think most of the traders try to share their strategies and thats all. There may be very few who try to say that they are right and others r wrong.

You are right in the sense that most forum members, rather than invest quality time and energy developing and fine-tuning their systems, spend such energy trying to prove that they have a superior system over the others. My advice, If you are new to trading, avoiding forums as much as you can. Most losses i have made in trading is because i visited a forum shortly before i entered a trade or in the course of a trade.