DislikedIm also trading on M1 charts only. Perhaps we should make a scalpers section here on forumIgnored
My TP 25 to 90 pips
The elements of Trend and some Rules 23 replies
Issues With Assigning 2D Array Elements 2 replies
Passing Array Elements Between Arrays. 1 reply
Essential Elements of a Successful Trader 0 replies
Essential Elements of a Successful Trader, by Jimmy Young 0 replies
DislikedAs traders we contribute very little to society. We take other people's money. It is a lot like gambling. I'm not a gambling man. I don't even like spending a dollar on the lottery. But I trade because I can't make much money from my honourable business that does give a lot fo society.Ignored
Disliked1. Have big balls and take big risks.
2. Go with the masses.
3. Listen to the experts and analysts on various websites.Ignored
DislikedI agree that when reside in our true nature(the unborn) we won't create negative karma, however it doesn't meant old karma won't 'touch' you!
There is such thing as karma debt.
Karma is 'cause & effect', karma is 'reap what you sow'..
In physical dimension there is time lapsed between cause and the effect.
Sometimes the effect take longer time to be manifested(when conditions matured), and some times certain reaction can be very fast.
Take this metaphor for karma:
Someone eat the wrong food, the effect might come only after 1 day..
Different...Ignored
Dislikededge: ..karma: this is an area i should focus on. i believe bill gross does yoga. never really thought yoga and meditation crap was worth much, but maybe it could be the missing linkIgnored
DislikedI will try to elaborate on the elements you mentioned
Edge:
Traders must learn insight into every corner of fundamental and technical analysis, every support level, every resistance level, every tool you know, and to be able to process it at a very fast pace and to use that information to create a tunnel vision in your mind, to able to know the charts next 100 possible moves. If your too slow to do that before the charts sing another tone, then your trading without an edge.
I believe the next 2 intervene with each-other:
Discipline and (karma)spiritualness:
Traders...Ignored
DislikedRecently i contemplate a lot on what makes a trader successful.
Here's my insight.. .
Edge(system) + Discipline(psychology) + Good Karma(spiritual)
= Successful Trader
System, psychology, spiritual, these 3 elements are interconnected.
Trader should improve & work on these 3 areas.
I will post more about this topic, everybody is welcome to give ur
precious comments as well..
Cheers!Ignored
DislikedRecently i contemplate a lot on what makes a trader successful.
Here's my insight.. .
Edge(system) + Discipline(psychology) + Good Karma(spiritual)
= Successful Trader
System, psychology, spiritual, these 3 elements are interconnected.
Trader should improve & work on these 3 areas.
I will post more about this topic, everybody is welcome to give ur
precious comments as well..
Cheers!Ignored
DislikedJust because you believe in karmic debt - doesn't mean it is true for me.
Once our true nature is resolved, debt loses its meaning.
I just found a way to give a nice story, not to be patronised by your kindergarten level understanding of spirituality. Thanks.Ignored