ETMA_The Evolution | Page 50 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

FXCM Strategy Trader Delivers the Next Evolution in Automated Trading 12 replies

Yuppie's Evolution... 78 replies

Usd Eur Gold And Silver Evolution... 1 reply

The Evolution of a Trader 13 replies

Trading evolution 0 replies

Attachments: ETMA_The Evolution
Exit Attachments

ETMA_The Evolution

  • #981
  • Edited 6:00pm Mar 24, 2015 3:27pm | Edited 6:00pm
Bass....if I need to know something I come to you. You are a pearl of wisdom with the important info at your fingertips. Thanks muchly :-) C
  • #982
  • Edited 1:43am Mar 25, 2015 12:53am | Edited 1:43am
Quoting Copernicus
Bass....if I need to know something I come to you. You are a pearl of wisdom with the important info at your fingertips. Thanks muchly :-) C
C., i tried several times to post in your thread but it seems that you are blocking me out somehow, i filed a complain to FF and nothing happened yet, i just want to let u know and u are welcome anytime .

Best,
B.R.
Master Your Setup, Master Your self. (NQoos)
  • #983
  • Mar 25, 2015 1:47am Mar 25, 2015 1:47am
You can’t get rich trading a hundred-dollar bill for eight tens (even if your advisor has handed you an expensive “fairness” opinion endorsing that swap).

Warren Buffett's latest quotes from the latest Berkshire Hathaway Inc. Letter to shareholders, find attached the complete letter, worth a read.
Attached File(s)
File Type: pdf Berkshire Hathaway_2014ltr.pdf   354 KB | 344 downloads
Master Your Setup, Master Your self. (NQoos)
  • #984
  • Mar 25, 2015 2:29am Mar 25, 2015 2:29am
Quoting bassramy
{quote} C., i tried several times to post in your thread but it seems that you are blocking me out somehow, i filed a complain to FF and nothing happened yet, i just want to let u know and u are welcome anytime . Best, B.R.
Hi Bass.........Christ....I hope not. I will check my settings mate. Not sure what could have happened????????????
  • #985
  • Mar 25, 2015 2:36am Mar 25, 2015 2:36am
Bass.........checked all my settings and can't work it out....it's pissing me off. Eveything should be Ok. Do they block the ability of who they regard as Commercial members from posting in non-commercial members threads?

PS I am not able to PM you as well....as that option for me is not activated. Things appear to have gone awry since they slapped the Commercial Member tag on you???????

Mate, if necessary I will create a personal email account if you want to go off-line and have a chat. Let me know if this is necessary.

C
  • #986
  • Mar 25, 2015 3:23am Mar 25, 2015 3:23am
Quoting Copernicus
Bass.........checked all my settings and can't work it out....it's pissing me off. Eveything should be Ok. Do they block the ability of who they regard as Commercial members from posting in non-commercial members threads? PS I am not able to PM you as well....as that option for me is not activated. Things appear to have gone awry since they slapped the Commercial Member tag on you??????? Mate, if necessary I will create a personal email account if you want to go off-line and have a chat. Let me know if this is necessary. C
No need buddy, i checked all that i can check as rules and regulations and i always got this message :

  1. " Sorry bassramy, you don't have the credentials required to access this page. If you can't post to a certain thread, you might be blocked by the thread-starter (learn more). If you believe you have reached this notice in error, please submit a contact form. "

​I proceeded by filing a complaint to FF but i didn't get any answer yet, this maybe one of the privileges of a commercial Member who got nothing to sell.

Best,
B.R.

Master Your Setup, Master Your self. (NQoos)
  • #987
  • Mar 25, 2015 3:47am Mar 25, 2015 3:47am
Bass

I have turned the "block ignore members' box in Admin on my thread if you want to have another crack.....but have never had any 'ignore members' as yet anyway.

All is Ok. I will just ensure I check into your thread more regularly if you wanna chat. :-)

C
  • #988
  • Mar 25, 2015 4:14am Mar 25, 2015 4:14am
Quoting bassramy
{quote} No need buddy, i checked all that i can check as rules and regulations and i always got this message : " Sorry bassramy, you don't have the credentials required to access this page. If you can't post to a certain thread, you might be blocked by the thread-starter (learn more). If you believe you have reached this notice in error, please submit a contact form. " ​I proceeded by filing a complaint...
You got it, Commercial cannot post in regular forum, you didn't know that?

Try any other thread, they will all be off limits to you, sorry

It takes a lot for me to IGNORE you, but you can try.
  • #989
  • Mar 25, 2015 4:35am Mar 25, 2015 4:35am
The Three R's: Winning Practices of Successful Traders

http://1.bp.blogspot.com/-ojaouGwWBA.../s1600/Win.jpg

For this post, I reflected on the traders I've worked with who have been particularly successful and some of their common practices. Here are three practices that seem to distinguish the best from the rest:

1) Reviewing and Learning - The best performers keep score. They review their performance--good and bad--and they made dedicated efforts to learn from mistakes and best practices. It's much more than keeping a journal. The successful traders use their observations of performance to fuel specific goals that they then track relentlessly. They are not always making money, but they are always learning. That helps keep them constructively engaged when profits are not flowing.

2) Rejuvenating - Trading is not an easy business. Income is very uncertain and markets can change on a dime. Working twice as hard does not guarantee success, but working half as hard pretty well ensures failure. Average performance keeps you a job and a paycheck in many areas of life, but in trading it leads to bankruptcy. Successful traders have strategies for staying happy and healthy through the ups and downs of performance. My recent post outlines a four-fold scheme for staying happy and healthy. Successful traders turn wellness into a positive habit pattern.

3) Reflecting and Preparing - Perhaps the single best predictor of trading success that I've found is the ratio of time spent in preparation relative to the time spent actually trading. Successful traders spend more time researching markets, observing markets, thinking about markets, and reflecting on their trading of markets than they spend placing orders and managing positions. A very common pattern of trading failure is ramping up the frequency and sizing of trades, both of which tend to increase the proportion of time spent in a flight-or-fight state and decrease the proportion of time spent in planning and observing. Successful traders are selective in risk-taking and use the time between trades to work on self and markets.

So those are the three R's of trading success. They are all about working on oneself in addition to working on markets. It's what the trader is doing when not trading that contributes greatly to trading success.

Posted by Brett Steenbarger, Ph.D.at 4:14 AM
Master Your Setup, Master Your self. (NQoos)
  • #990
  • Mar 25, 2015 4:38am Mar 25, 2015 4:38am
Quoting Erebus
{quote} You got it, Commercial cannot post in regular forum, you didn't know that? Try any other thread, they will all be off limits to you, sorry
LOL, exactly what i thought it is.
Master Your Setup, Master Your self. (NQoos)
  • #991
  • Mar 25, 2015 4:58am Mar 25, 2015 4:58am
Thanks Erebus and Bass.....that's a dam shame. It was news to me as well. Bass my friend, while you sit over on the other side of the razor wire, you only need to ask me if you need a cake with a file in it. :-)
  • #992
  • Mar 25, 2015 5:40am Mar 25, 2015 5:40am

Turning Setbacks Into Successes


When I first worked with traders in financial markets on a full-time basis, I was struck by how they responded to losses in their trading. Three groups stood out:

1) The first group kept trading after losing, often by increasing their risk-taking. They were clearly frustrated with their losses and driven to get the money back. They absolutely refused to quit. They took losing money as a kind of affront and redoubled their trading efforts.

2) The second group was also frustrated with their losses, but was determined to not allow those losses to pile up. They took breaks in their trading, calmed themselves down, and often stopped trading for the remainder of the day. Their goals was to regain emotional equilibrium and not let frustration drive their decision making.

3) The third group was also quite frustrated with losses, but those traders stayed at their desks and they stopped trading. Instead they doggedly tracked down the sources of their poor trading and did not stop in their analyses until they figured out where they had erred. Only then did they return to trading.

Over time, distinct differences in outcomes became evident among the three groups. The first group was most prone to blowup, as they doubled down on risk-taking precisely at the times they were trading their worst. Frustration, for them, led to reactive and often destructive decision making.

The second group never blew up, but rarely excelled. Their focus on not losing money kept them emotionally controlled, but did little to help them learn from their setbacks. In other words, they succeeded at coping, but not at developing as traders.
It was the third group that, over time, proved to be the most successful. They were every bit as frustrated as the first two groups, but they channeled their frustration toward betterment. In the terms of psychologist Carol Dweck, they operated with a growth mindset. They stayed engaged in their work, but constructively. It wasn’t so much that they had mastered markets; rather, they mastered the process of turning setbacks into learning successes.

Brett Steenbarger
Master Your Setup, Master Your self. (NQoos)
  • #993
  • Mar 25, 2015 5:41am Mar 25, 2015 5:41am
Quoting Copernicus
Thanks Erebus and Bass.....that's a dam shame. It was news to me as well. Bass my friend, while you sit over on the other side of the razor wire, you only need to ask me if you need a cake with a file in it. :-)
Thank you C.
Master Your Setup, Master Your self. (NQoos)
  • #994
  • Mar 25, 2015 6:18am Mar 25, 2015 6:18am
Trading Card # 424, going with the Trend.

http://4.bp.blogspot.com/-3_TCUKOAlb...600/%23424.png
Master Your Setup, Master Your self. (NQoos)
  • #995
  • Mar 25, 2015 6:32am Mar 25, 2015 6:32am
Quoting Copernicus
you only need to ask me if you need a cake with a file in it. :-)
Lol..


Hey bass.. I'll try and visit more often
Memories caught in time but never forgotten
  • #996
  • Mar 25, 2015 6:39am Mar 25, 2015 6:39am
Quoting j4d
{quote} Lol.. Hey bass.. I'll try and visit more often
U R Welcome J.
Master Your Setup, Master Your self. (NQoos)
  • #997
  • Mar 25, 2015 6:41am Mar 25, 2015 6:41am
So much invisible profiles looking @ my thread i'm started to feel like i'm followed by the Intelligence agencies, come on guys its only Trading and financial News nothing more nothing less, i Swear.
Attached Image
Master Your Setup, Master Your self. (NQoos)
  • #998
  • Mar 25, 2015 6:42am Mar 25, 2015 6:42am
Quoting j4d
{quote} Lol.. Hey bass.. I'll try and visit more often
Me too. :-)

Attached Image (click to enlarge)
Click to Enlarge Name: picture-122.png Size: 1.1 MB
  • #999
  • Edited 11:16am Mar 25, 2015 11:05am | Edited 11:16am
Quoting Copernicus
{quote} Me too. :-) {image}
Yeah, u can laugh @ me as much as u want guys, if u r that blonde in the picture than u r welcome to visit me in jail as much as u want but be sure to wear a bikini next time .
Attached Image
Master Your Setup, Master Your self. (NQoos)
  • #1,000
  • Mar 25, 2015 11:14am Mar 25, 2015 11:14am
Quoting bassramy
{quote} Yeah, u can laugh @ me as much as u want guys, if u r that blonde in the picture than u r welcome to visit me in jail as much as u want but sure to wear a bikini next time . {image}
How do I get on that side of the fence ?
Memories caught in time but never forgotten
3 traders viewing now