What are the pro traders doing to get better? | Forex Factory

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What are the pro traders doing to get better?

  • #1
  • First Post: Jul 27, 2012 11:37pm Jul 27, 2012 11:37pm
I mean the ones who make a living(or a nice side income) by trading.

Despite a trader who became winner after like 5years of learning and now making profits. These traders still reading books , browsing forums, reading other trader's systems? Or dont give a shit to these and just analyzing, fine tuning there own system,trades?

Or they just happy with their method and just keep trading without looking for better results?

If you are already a winner trader, what do you do?
  • #2
  • Jul 28, 2012 2:52am Jul 28, 2012 2:52am
Quoting chartfan
If you are already a winner trader, what do you do?
Keep learning from the mistakes.
  • #3
  • Edited Jul 29, 2012 9:55am Jul 28, 2012 11:59am | Edited Jul 29, 2012 9:55am
In any profession if you stop investigating, examining, and learning, you'll stagnate. There is always the possibility to grow and learn.

Sent from my iPad sitting on a balcony overlooking the Andaman Sea on Koh Lanta.
  • #4
  • Jul 29, 2012 1:22am Jul 29, 2012 1:22am
Quoting Dopey
In any profession if you stop investigating, examinig, and learning, you'll stagnate. There is always the possibility to grow and learn.

Sent from my iPad sitting on a balcony overlooking the Andaman Sea on Koh Lanta.
who cares?

may be u are just sitting on some shiity public toilet seat?




just kidding , enjoy ur vacation.
No place for mistakes
  • #5
  • Jul 29, 2012 1:30am Jul 29, 2012 1:30am
You always try to improve upon what you have as there is no perfection, like in many fields.
Also...always trying to work on discipline. As soon as discipline gets lazy, you find yourself losing. I ironically just watched a documentary called 'Jiro Dreams of Sushi'. This little movie adhered to all these attributes in another field. The man kept incredibly strict discipline for 70 years, as well as always trying to improve technique through new approaches. Not many can do that.
  • #6
  • Jul 29, 2012 5:53am Jul 29, 2012 5:53am
If you are not pro traders like OP stated, don't respond to this thread because your posts are probably BS.
  • #7
  • Jul 29, 2012 5:59am Jul 29, 2012 5:59am
Quoting duyk20
If you are not pro traders like OP stated, don't respond to this thread because your posts are probably BS.
are u a pro trader?
No place for mistakes
  • #8
  • Jul 29, 2012 9:54am Jul 29, 2012 9:54am
Quoting Soldier
who cares?

may be u are just sitting on some shiity public toilet seat?




just kidding , enjoy ur vacation.
Anyone on this forum who knows me knows that I spend every August in Thailand. It's my first time on Koh Lanta...nice...too bad I had to bring the kids along though.
  • #9
  • Edited 2:13pm Jul 29, 2012 1:28pm | Edited 2:13pm
its all about MM.. properly MM = fortunes.

market is unpredictable, none can predict where price will go.

You can be successful only just because of MM. properly risk/reward = key.
  • #10
  • Jul 29, 2012 2:33pm Jul 29, 2012 2:33pm
I think there is 3 parts:

1. MM ( not more sl than 1percent of capital)
2. R/R not less than 1:3
3. Good percentage of profitable trades, that means dont gamble, just wait for your edge time.

Maybe there is more...
  • #11
  • Jul 29, 2012 8:01pm Jul 29, 2012 8:01pm
The same thing I do to get myself winning.

I still read books, analyze markets, explore new strategies. Basically the same things I used to do.

But maybe with less intensity. The more you know the less there is to learn. I'm ready to believe that this industry has a finite learning curve. Meaning once you reach a certain level of proficiency, there is less and less to learn.

I might totally be wrong, but every successful person I talked to or every book written by any great trader always harp on the same things. Strangely the things they talk about is nothing new. These things have lasted since the beginning of the markets. Maybe humans really don't change...
  • #12
  • Jul 29, 2012 8:32pm Jul 29, 2012 8:32pm
Quoting Dopey
Anyone on this forum who knows me knows that I spend every August in Thailand. It's my first time on Koh Lanta...nice...too bad I had to bring the kids along though.
The Andaman sea is the view I have from my home/office since 7 years now !

Enjoy your vacation
MT4/MT5 EAs/Indicators/Alerts coder
  • #13
  • Jul 29, 2012 10:04pm Jul 29, 2012 10:04pm
Quoting thelws
These things have lasted since the beginning of the markets. Maybe humans really don't change...
Which brings us to the reality that humans are creatures of habit. This is reflected in the markets.
When the Joker is in the deck.. fear not and play it well
  • #14
  • Last Post: Jul 31, 2012 6:36am Jul 31, 2012 6:36am
Quoting chartfan
I mean the ones who make a living(or a nice side income) by trading.

Despite a trader who became winner after like 5years of learning and now making profits. These traders still reading books , browsing forums, reading other trader's systems? Or dont give a shit to these and just analyzing, fine tuning there own system,trades?

Or they just happy with their method and just keep trading without looking for better results?

If you are already a winner trader, what do you do?
the pro traders you speak of, are ones who invest others money. You will then here from the ones who make money and not so much from the ones who did not make money.

In either case they risk nothing of their own at the expense of others capital, so they are always successful
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