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The Paved Road to Success for the Average Joe (or not)

  • #21
  • Mar 9, 2017 5:07am Mar 9, 2017 5:07am
@econbizer :
Hi, I have received your pm's but seems like i cannot write back.
Maybe I have posted too little so far , or maybe i am just plain idiot...
I tried writing back via the "reply" button and saw all that code in the box, removed, wrote my answer, clicked "send" and i received an error message.
I tried once more composing a brand new pm to you, clicked "send", same error message...
Could someone please help me?
Thanx a lot!

maxx
If you quit, it is NEVER going to happen...
  • #22
  • Mar 9, 2017 6:42am Mar 9, 2017 6:42am
Is there any news going on? i see such long spikes in the eurusd chart
  • #23
  • Mar 9, 2017 7:52pm Mar 9, 2017 7:52pm
Quoting Jmcd0301
I found one successful person, but I questioned his motives. I just want someone to show me the ropes or show me where to go to learn.
Quoting maxx7
Forget about motives and take the mechanics instead. Your Motives you will build yourself later
I think the lady is talking about ulterior motives. It's not worth your time learning from this guy then. Personally, trading conflicted with my religion. For eg, I found the best trade setups to be where people feel the most pain & cut their losses (I was such a loser). Some things you can square with God (such as suffering), but it is another thing to reconcile with yourself (if you cause suffering). Since you are just starting out, it may be better to get out before you even start. It is veryveryveryveryveryveryveryvery tough. And it may conflict with you as a person. You may fare better at so many other things you have passion for. If you insist on this path, this is worth reading: (http://www.nobrainertrades.com/2016/...-anything.html).

Quoting maxx7
@econbizer : Hi, I have received your pm's but seems like i cannot write back. Maybe I have posted too little so far , or maybe i am just plain idiot... I tried writing back via the "reply" button and saw all that code in the box, removed, wrote my answer, clicked "send" and i received an error message. I tried once more composing a brand new pm to you, clicked "send", same error message... Could someone please help me? Thanx a lot! maxx
I received both your pms. It may be a browser issue. chrome works for me.
  • #24
  • Mar 10, 2017 8:21am Mar 10, 2017 8:21am
Hello, you are correct. After refusing to "fate" him, he's no longer willing to show me the techniques to be successful. Thanks for the advice. It's not worth my time learning from him.
Quoting econbizer
{quote} {quote} I think the lady is talking about ulterior motives. It's not worth your time learning from this guy then. Personally, trading conflicted with my religion. For eg, I found the best trade setups to be where people feel the most pain & cut their losses (I was such a loser). Some things you can square with God (such as suffering), but it is another thing to reconcile with yourself (if you cause suffering). Since you are just starting out, it may be better to get out before you even start. It is veryveryveryveryveryveryveryvery tough....
  • #25
  • Mar 10, 2017 8:23am Mar 10, 2017 8:23am
Quoting Jmcd0301
Hello, you are correct. After refusing to "date" him, he's no longer willing to show me the techniques to be successful. Thanks for the advice.. {quote}
"Date." But I appreciate you all. I'll just continue to research.
  • #26
  • Mar 10, 2017 11:29pm Mar 10, 2017 11:29pm
This is why trading is tough. This is why we see experienced traders give advice geared towards psychology, rather than entry setups newbies seek. You can take any entry, a coin-flip if you will, and you can make money if you get a grip on your psyche.


Real stats from a professional trader- makes 16.6cents on average, for each dollar he/she bets. with a win-loss rate of 44-56% & each winner being 1.65x each loser.

e(v) = (0.44 x 1.65) - (0.56 x 1) = +0.166


This means he/she knows that the next trade is most probably a loss, before it is even placed. Few can handle such tilt. Most give up. The average joe likes to follow a person who posts high probability winning 'systems/methods', & would call this pro trader 'a loser', since he/she makes wrong calls on trades more than half the time. In reality this is backwards.
  • #27
  • Mar 11, 2017 3:31am Mar 11, 2017 3:31am
Quoting Jmcd0301
Hello, you are correct. After refusing to "date" him, he's no longer willing to show me the techniques to be successful.
Ouch, I did not get it at the first read, I apologize. Of course I did not mean to force anybody towards a...."gentleman" like that.
But anyway I hope I was able to explain the point.
The resources here on FF can be of value, but you have to know in advance where you are headed...."unfortunately" even to have a good guess to the best direction for your personal journey takes time. In my case more then planned.
It is strictly related to time avalaibility, risk appetite, capitalization, technical level but first of all Lifestyle.
I checked out myself the resource provided by econbizer in a previous post
(http://www.nobrainertrades.com/2016/...-anything.html).
Very interesting site (The blog section), I would also suggest to give it a try.
Best Luck.
maxx
If you quit, it is NEVER going to happen...
  • #28
  • Last Post: Mar 11, 2017 4:15am Mar 11, 2017 4:15am
Quoting econbizer
I received both your pms. It may be a browser issue. chrome works for me.
I did reply again. let me know please if you receive that also.
Thanx
maxx
If you quit, it is NEVER going to happen...
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