When the hunter become the hunted | Forex Factory

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When the hunter become the hunted

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  • #1
  • First Post: Edited Mar 20, 2019 5:50pm Oct 4, 2013 6:43pm | Edited Mar 20, 2019 5:50pm
test
  • #2
  • Oct 4, 2013 9:05pm Oct 4, 2013 9:05pm
I cringe every time someone talks about the market like it's a person or something. Guys, for the love of god please stop doing it, it's creepy.
  • #3
  • Oct 5, 2013 2:04am Oct 5, 2013 2:04am
been there done that, Good Bye
  • #4
  • Oct 5, 2013 2:30am Oct 5, 2013 2:30am
market is just collective sentiment of traders it cannot stab anyone.
  • #5
  • Oct 5, 2013 4:25am Oct 5, 2013 4:25am
Quoting XharpScalper
market is just collective sentiment of traders it cannot stab anyone.
man i am sure it cannot but it ripped alot of pepole's money when they trusted it and did theire investesment in currencies it is a kind of a stub in the back
  • #6
  • Oct 5, 2013 7:05am Oct 5, 2013 7:05am
Quoting lcy723
I cringe every time someone talks about the market like it's a person or something. Guys, for the love of god please stop doing it, it's creepy.
But what is the market? It's a group of people who are trading the same commodities. It is the action of people that creates the market. Sure it may seem like an inanimate object when one looks a chart or trading platform, but the fact is that it is all about people. I think when people describe the market as an entity separated from the individuals that create and drive the market, they are deluding themselves of the true nature of what's going on...namely, that someone somewhere is trying to separate you from your money.
  • #7
  • Oct 5, 2013 11:24am Oct 5, 2013 11:24am
Quoting Montasar
You've Stabbed Me In The Back So Many Times Dear Forex But today is the day;
Language like this reveals a belief that that you aren't responsible for your trades. Even though you are trading against people who are trying to take your money, you are totally responsible for everything that happens. Even if the market gapped 200 points on you and wiped out your account, you are 100% responsible because you chose to put the trade on, thereby taking on the risk that something like that could happen.

I believe one of the biggest impediments to trading success, as well as success in any endeavor, is being able to take full responsibility for the results. Many people will claim that they already do so, but if one listens closely to their language, it will always reveal what they're really thinking. Your language puts the blame for your losses squarely on the back of the market instead of yourself. I promise you, you will not be successful at this until you undergo some serious cognitive behavioral adjustments.
  • #8
  • Oct 5, 2013 3:52pm Oct 5, 2013 3:52pm
Quoting Dopey
{quote} Language like this reveals a belief that that you aren't responsible for your trades. Even though you are trading against people who are trying to take your money, you are totally responsible for everything that happens. Even if the market gapped 200 points on you and wiped out your account, you are 100% responsible because you chose to put the trade on, thereby taking on the risk that something like that could happen. I believe one of the biggest impediments to trading success, as well as success in any endeavor, is being able to take full...
Well trading is nothing but a game of choice, after all the fundamental, technical and sentiment analysis your trade may just go in the opposite direction and with all the commitement to a trader risk management and by that i mean the stoploss level, the take profit, the money management and not trading the major news release's, what other responsabity a trader must commit to ?
I am trading against no one but the forex it self, forex for me is the chart and the fundamental behind every pair and i've been stabbed by these reality that i don't control the market and no one is able to encage a pair but the sentiment bias what cause's the consolidation followed by the breakout these is so far away of my tiny balance capabilities and for sure it is not my responsibility that the my sl is hit.
The language used express the experience, it is a hope, an encouragement and a new vision to reality more than a blame.
  • #9
  • Oct 5, 2013 4:05pm Oct 5, 2013 4:05pm
You've been stabbed by other traders and forex isn't a person, yes. But if this kind of thinking and viewing the market in this form helps you profit, then go for it! If you're making profit, when it comes down to it that's all that matters. I wish you the best of luck!


btw I do get what you mean by that first post.
  • #10
  • Oct 5, 2013 5:25pm Oct 5, 2013 5:25pm
Quoting FXMasterSK
You've been stabbed by other traders and forex isn't a person, yes. But if this kind of thinking and viewing the market in this form helps you profit, then go for it! If you're making profit, when it comes down to it that's all that matters. I wish you the best of luck! btw I do get what you mean by that first post.
Yes sir, after all, making profit is the background picture here it's all about that.

after a while of trading i looked back and wOo what a taught journey, i was caught by the trading addiction as did the losses, i couldn't see me doing nothing

but forex trading so i kept the search going to avoid the loss.

i really feel pity for the newbie's because i am sure my case is all the individual traders case.
  • #11
  • Last Post: Oct 10, 2013 8:41am Oct 10, 2013 8:41am
after all it is not so hard to make profit.
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