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Professional Trading Strategy - student selection

  • #261
  • Feb 10, 2014 12:13pm Feb 10, 2014 12:13pm
The goal of a good trader, paradoxically, is not to make money. His goal is to trade well.
If he trades right, money follows almost as an afterthought.

Good trader should concentrate on the quality of the trade not on pips/money

If i become half a percent smarter each year,I'll be genius by the time i die - I keep learning to trade well
  • #262
  • Feb 10, 2014 7:53pm Feb 10, 2014 7:53pm
I think that I am starting to realize that time may be my enemy. Not timeframes, just the time I am willing to wait for a trade to come to materialize.
Could just be my patience. Still looking into it.
  • #263
  • Feb 11, 2014 11:15am Feb 11, 2014 11:15am
@tubguy: I'm sorry, but your last post made me laugh...
Trading should be boring in a way...
  • #264
  • Feb 11, 2014 11:37am Feb 11, 2014 11:37am
Quoting exchange101
@tubguy: I'm sorry, but your last post made me laugh... Trading should be boring in a way...
Waiting for the right levels to enter a trade requires discipline and patience as well and waiting does become boring after some time specially when markets are range bound or moving sideways.

Another option is to place pending orders according to your study and close the system instead of waiting and markets moving up and down for few pips.
  • #265
  • Feb 11, 2014 11:44am Feb 11, 2014 11:44am
Quoting exchange101
@tubguy: I'm sorry, but your last post made me laugh... Trading should be boring in a way...

No apology needed. I'll even laugh with ya. I upset my girl earlier because I was joking about what the doc thinks is wrong inside my head.

I may find out more thursday after I see the neurologist Hopefully the doc is wrong in his suspicions. .
  • #266
  • Feb 11, 2014 11:45am Feb 11, 2014 11:45am
Quoting vijai_701
The goal of a good trader, paradoxically, is not to make money. His goal is to trade well. If he trades right, money follows almost as an afterthought. Good trader should concentrate on the quality of the trade not on pips/money If i become half a percent smarter each year,I'll be genius by the time i die - I keep learning to trade well
" WE LIVE AND WE LEARN ' or you can put like this " WE LEARN AND WE LIVE ' whichever way is better. So we always keep on learning until we become better and better and close to perfect because no one can be PERFECT. Also one should try to be successful as money will always follow SUCCESS.

If a good trader trades well and focusses on quality he will perform better trades and try to make more pips and his quality of trade will be better and money will of course follow.

HAPPY TRADING MATE............
  • #267
  • Edited 12:44pm Feb 11, 2014 11:59am | Edited 12:44pm
If you find trading totally boring, it should mean that you have become very successful and accomplished. At the moment I will settle for being a little bored!!!
  • #268
  • Feb 11, 2014 7:08pm Feb 11, 2014 7:08pm
I found trading very exciting as long as I was trying to scalp my way to a daily living. Starting to see that it ain't gonna happen as a retail trader.

Gonna have to find some patience now. I have to many people counting on me to keep trading on my terms. It hasn't worked.
  • #269
  • Feb 12, 2014 4:08am Feb 12, 2014 4:08am
exchange101 trust your ok!
  • #270
  • Feb 12, 2014 5:12am Feb 12, 2014 5:12am
Quoting Mickeyf
If you find trading totally boring, it should mean that you have become very successful and accomplished. At the moment I will settle for being a little bored!!!
I agree.. Im not successful yet and Trading is not boring me yet.i been trading for last 3 year. though i have not made money , though my account not completely wiped out.. though i have a primary job.. i still spend 3-4hr per day after my daily job either analysing the chart or reading something relate to Forex. Forex to me has become a habit. Even if its boring in future, I will find hard to giveup
  • #271
  • Feb 12, 2014 8:00am Feb 12, 2014 8:00am
Sorry but somebody has to say it - haven't seen such a useless thread for a long time

Guys, can't you see that the king is naked?
  • #272
  • Feb 12, 2014 10:27am Feb 12, 2014 10:27am
Quoting Pavvel
Sorry but somebody has to say it - haven't seen such a useless thread for a long time Guys, can't you see that the king is naked?
no, i don't see the king is naked. if you say, he has nothing to offer- i would say, he didn't actually gain anything & we didn't actually lose anything
i had my excitement by giving a try:-)
  • #273
  • Feb 12, 2014 10:41am Feb 12, 2014 10:41am
I, for one, will take any help I can get. Still waiting for the Skype sign - up.
  • #274
  • Feb 12, 2014 11:35am Feb 12, 2014 11:35am
Patience is a virtue. I rarely dismiss without just cause!
  • #275
  • Feb 12, 2014 3:25pm Feb 12, 2014 3:25pm
subscribed
  • #276
  • Feb 12, 2014 5:34pm Feb 12, 2014 5:34pm
Bit late to the party but who knows, welcome!
  • #277
  • Feb 12, 2014 8:10pm Feb 12, 2014 8:10pm
Quoting Pavvel
Sorry but somebody has to say it - haven't seen such a useless thread for a long time Guys, can't you see that the king is naked?
Powitaninia Pavvel, JA jestem zadowolone wy to.
(Did you know that the largest population of European Jews were in Poland until hitler? Dziękują Polska. I am not a Polski but I am a Jew.
Maybe that is why that filthy pig chose Poland first.)

I am a struggling trader. I don't know much so I watch and listen and think about those things. My hope is to find something useful and disregard the rest.

ex101 may or may not be a great trader. He is certainly an excellent marketer and salesman.

So far, we have many people marking up and posting charts, and waxing philosophically to show how much they know. All of that, in the hope to be deemed worthy so that ex101 may take their money.

I too am a genius from the right edge to the entire left of the chart. So is ex101 and everyone else that posted a chart when the challenge is the right edge forward.

Show me proof and I will double the highest bid ex101.
Meanwhile, I will double the order for the next 50 callers. Just pay additional shipping and handling. (a reference to TV infomercials)
  • #278
  • Edited 8:49pm Feb 12, 2014 8:36pm | Edited 8:49pm
Life is full of shit don't reproduce it, this life is precious!

Have a nice day!
  • #279
  • Feb 12, 2014 8:45pm Feb 12, 2014 8:45pm
Quoting Mickeyf
Have you tried taking a very long breath under water, say 4hours! Life is full of shit don't reproduce it! Have a nice day!

Poor Mickey, you are more desperate than I am. You are gay for ex101 in the hope that he will save you.
You failed to mention anything I said that is incorrect.

Have a nice day!
  • #280
  • Feb 12, 2014 8:52pm Feb 12, 2014 8:52pm
Quoting Mickeyf
exchange101 health permitting please put in an appearance, thanks!

Please ex101! Please ex101!
Do not forsake us!!!!!
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