Stupid people will mistake your confidence for arrogance
{quote} If you want to be a good trader, make an habit of doing everything right. If you keep on doing things that you are wrong, you will never get rid of them. Old habits die hard
The feeling of excitement, tension and the sudden adrenaline rush is so addicting...I would never be a good trader but maybe ill be good setting up charts, where to buy where to sell as long as you dont give me money to trade... LOL
Stupid people will mistake your confidence for arrogance
- #155
- Feb 12, 2014 9:50pm Feb 12, 2014 9:50pm
- Joined Aug 2010 | Status: Chaos is a ladder | 1,268 Posts
Excellent words Capelli 
When trading with real money, it's the return vs. risk that determines competency (correct behavior). When trading Demo money as in a contest, it's the highest return regardless of risk taken that gets the #1 place. Demo contests clearly promote incorrect behavior. That said, maybe the problem is not so much with MapTheMarket, or any other participant, as it is with this being a demo contest.
Habit becomes character as the ancient Greek philosophers would argue. Participants beware of the dog. People become what they do.
{quote} Wow, that a lot in 2 trades. You maybe made a lot today, eventually you will go bust. If I were you, I would reduce my risk and leverage My two cents
When trading with real money, it's the return vs. risk that determines competency (correct behavior). When trading Demo money as in a contest, it's the highest return regardless of risk taken that gets the #1 place. Demo contests clearly promote incorrect behavior. That said, maybe the problem is not so much with MapTheMarket, or any other participant, as it is with this being a demo contest.
{quote} If you want to be a good trader, make an habit of doing everything right. If you keep on doing things that you are wrong, you will never get rid of them. Old habits die hard
Habit becomes character as the ancient Greek philosophers would argue. Participants beware of the dog. People become what they do.
"To hold, you must first open your hand. Let go." - Lao Tzu
Habit becomes character as the ancient Greek philosophers would argue. Participants beware of the dog. People become what they do.
I couldn't agree more. By the way, Im expecting to win one of the place of this contest even with my low return. Eventually, people will high return will go bust, and only those with good MM and conservative return will last till december.
this is only my prediction
Excellent words Capelli
I've traded live and demo and i know the difference. Yes, i know that i cant do this kind of high returns in live because you want to minimize the risk and to have the best return.. LOL i wonder why it is so hard to achieve a 50% gain trading 0.01 lot consistently.... Im not saying im good or what butit really depends on the style and the strategy/ analysis you have.... You can have high returns if you have good analysis, patience where big money is going.... This (business) is Hard but i think its not the hardest. Sorry sometimes you might not get what im saying.... im weird and crazy... LOL
Stupid people will mistake your confidence for arrogance
Excellent words Capelli
Stupid people will mistake your confidence for arrogance