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EURUSD

  • #561,921
  • Nov 15, 2011 6:07am Nov 15, 2011 6:07am
Quoting FibbinArchie
it's truly a long, hard road, but the destination is worth it if you make it..
Agreed - Real hard - Tears,Blood,Hurt..Etc...
If there was easy money lying around,no one would be forcing it into your
  • #561,922
  • Nov 15, 2011 6:07am Nov 15, 2011 6:07am
Quoting FibbinArchie
it's truly a long, hard road, but the destination is worth it if you make it..

You never really reach the destination and that makes this business so rewarding, it keeps you interested. You keep improving, you keep learning, you keep finetuning and you keep putting your wits against everyone else. All of this is a mindgame, your intellect and know-how against 1,000's of other traders and machines. Only a very few select ones make it, and that makes getting "there" feel really good, once you do become consistent, it really isn't about the money anymore, there is always room for improvement, it is a continuous journey of bettering oneself.
  • #561,923
  • Nov 15, 2011 6:08am Nov 15, 2011 6:08am
Quoting FXMastermind
Exactly...This is all about opportunity costs and I expect better results from my trading if I trade that probability percentage of a good trade during TY for sleeping longer and better

Tokyo disappointed me more often than not - thatīs why.

Frankly, I donīt give a shit if Japs enjoy some nice moves, I know that London will always bring better ones - and on regular basis.
yes that's the key to it and how it should be viewed...

totally agree on that..
  • #561,924
  • Nov 15, 2011 6:09am Nov 15, 2011 6:09am
...a nice retest of .3540 here.
Quant Hedge Fund CEO
  • #561,925
  • Nov 15, 2011 6:10am Nov 15, 2011 6:10am
Quoting cloggie
You never really reach the destination and that makes this business so rewarding, it keeps you interested. You keep improving, you keep learning, you keep finetuning and you keep putting your wits against everyone else. All of this is a mindgame, your intellect and know-how against 1,000's of other traders and machines.
gotta do something you enjoy and find rewarding both intellectually and financially..
  • #561,926
  • Nov 15, 2011 6:10am Nov 15, 2011 6:10am
Quoting FXMastermind
...a nice retest of .3540 here.
Silly old freakin number....
  • #561,927
  • Nov 15, 2011 6:11am Nov 15, 2011 6:11am
Retail Sales figures coming up in 80 minutes, will be interesting how the market will react. For this rather heavy down train to stop, the figures really should be much better than expected.

It is a fair down move so far, but i am still kinda missing a major
event to kick this down further.
  • #561,928
  • Nov 15, 2011 6:11am Nov 15, 2011 6:11am
and then go down away i hope.

Quoting FXMastermind
...a nice retest of .3540 here.
  • #561,929
  • Nov 15, 2011 6:11am Nov 15, 2011 6:11am
Quoting FibbinArchie
gotta do something you enjoy and find rewarding both intellectually and financially..

Too many noobs focus on the money side of this business, ignore that, the money will follow automatically eventually, that is a given once you conquer all the other challenges and roadblocks in your way.
  • #561,930
  • Nov 15, 2011 6:11am Nov 15, 2011 6:11am
Quoting FXMindset
Agreed - Real hard - Tears,Blood,Hurt..Etc...
the trick is to learn from the mistakes...

if you lose the money, don't lose the lesson...
  • #561,931
  • Nov 15, 2011 6:13am Nov 15, 2011 6:13am
Let's get this one back to 70 here.
  • #561,932
  • Nov 15, 2011 6:14am Nov 15, 2011 6:14am
Quoting cloggie
Too many noobs focus on the money side of this business, ignore that, the money will follow automatically eventually, that is a given once you conquer all the other challenges and roadblocks in your way.
ironically focussing on the money can actually be detrimental to profitability especially in the first few years...
  • #561,933
  • Nov 15, 2011 6:16am Nov 15, 2011 6:16am
Quoting cloggie
You never really reach the destination and that makes this business so rewarding, it keeps you interested. You keep improving, you keep learning, you keep finetuning and you keep putting your wits against everyone else. All of this is a mindgame, your intellect and know-how against 1,000's of other traders and machines. Only a very few select ones make it, and that makes getting "there" feel really good, [b]once you do become consistent, it really isn't about the money anymore, there is always room for improvement, it is a continuous journey of...
You know Cloggie, that may sounds a bit silly, but i do believe that becoming a good and consistent trader makes you a better person in life.

I hope i get there one day too.
  • #561,934
  • Nov 15, 2011 6:16am Nov 15, 2011 6:16am
Quoting FibbinArchie
ironically focussing on the money can actually be detrimental to profitability especially in the first few years...

Yup, forget the money, trading is not about money, the money is the result. See trading and money seperately, focus on the trading first.
  • #561,935
  • Nov 15, 2011 6:18am Nov 15, 2011 6:18am
Quoting FibbinArchie
the trick is to learn from the mistakes...

if you lose the money, don't lose the lesson...
Winning Tell us Nothing But The Loss Yes - Always think Why and How when we made mistakes
Some people dont want admitted their wrong and keep Hold their loss
I can see well also some members which make some pips at the trading was thought they really can trade now - Its not Simple like that

I am also see a lot skilfull traders makes consistent profits over a years but ended loss all at once

The Problem? They forget theirself - They Too proud of themselves

We are all Evil - Greed,Fear,Proud,Etc

The Difference Is


How we control the Evil Within Ourself


Btw,I am still learning - Thanks for the Sharing and Thanks for the Guide Mr.Cloggie

and Also Mr.Cute2 Chicky2 1 2 3
If there was easy money lying around,no one would be forcing it into your
  • #561,936
  • Nov 15, 2011 6:21am Nov 15, 2011 6:21am
Quoting FXMindset
Winning Tell us Nothing But The Loss Yes - Always think Why and How when we made mistakes
Some people dont want admitted their wrong and keep Hold their loss
I can see well also some members which make some pips at the trading was thought they really can trade now - Its not Simple like that

I am also see a lot skilfull traders makes consistent profits over a years but ended loss all at once

The Problem?

We are all Evil - Greed,Fear,Proud,Etc

The Difference Is


How we control the Evil Within Ourself


Btw,I am still learning - Thanks for the...
don't know mr cute, but chicky and cloggie are two of the best traders on here..
  • #561,937
  • Nov 15, 2011 6:22am Nov 15, 2011 6:22am
Quoting FXMindset
I can see well also some members which make some pips at the trading was thought they really can trade now - Its not Simple like that

I am also see a lot skilfull traders makes consistent profits over a years but ended loss all at once


How we control the Evil Within Ourself
very true well said thanks
  • #561,938
  • Nov 15, 2011 6:22am Nov 15, 2011 6:22am
Quoting FibbinArchie
don't know mr cute, but chicky and cloggie are two of the best traders on here..
Mr.Cute = Chicky
If there was easy money lying around,no one would be forcing it into your
  • #561,939
  • Nov 15, 2011 6:23am Nov 15, 2011 6:23am
Quoting cloggie
Yup, forget the money, trading is not about money, the money is the result. See trading and money seperately, focus on the trading first.

True. Greed is my primal problem. I beat myself on a daily basis with this story. Just multiplying what Im earning daily for monthy outcome and again multiply it again. Fooking bastard really.

And when I get fooked I see this is really the main problem. Overtrading, overleveriging. Beating my fingers everyday not to do it.
  • #561,940
  • Nov 15, 2011 6:24am Nov 15, 2011 6:24am
Quoting cloggie
You never really reach the destination and that makes this business so rewarding, it keeps you interested. You keep improving, you keep learning, you keep finetuning and you keep putting your wits against everyone else. All of this is a mindgame, your intellect and know-how against 1,000's of other traders and machines. Only a very few select ones make it, and that makes getting "there" feel really good, once you do become consistent, it really isn't about the money anymore, there is always room for improvement, it is a continuous journey of bettering...
most people don't get there. it's a fact ppl get into trading because of money. and it will always be.

but yes i agree, to really get up there. u need passion and also spending lots of time on thoughts process. it's really a tough route.

but oh well, this is life. how many successful people u see out there strive for money. initially what drives them is really their passion and dreams. eventually they reach the destination.

and i've seen ppl try for years but still never reach it in the end. survivability rate is low..
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