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What would you tell to your younger self?


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 Ignawin 
Prague, Czech Republic
 
Experience: Beginner
Platform: Sierra Chart
Trading: EB
Posts: 37 since Aug 2010
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Hi,

the title says it all - what would you tell to your younger self - in terms of trading? By younger I mean the time you've started trading live. If you had the option, what would you do differently?
I know there are no WHAT - IF kind of statements in trading, this thread has one purpose only (as all the other threads) to help others, so they won't have to repeat the mistakes you've done.

I'm about to start trading live for the first time in my life (I've traded life before, not with my own money though) and my advice would be this -
a) Focus on the few important things in trading, on one style and one strategy only.
b) Stop learning things about techncval analysis and PA, read anything you can about trading psychology, so you learn how to think of trading from market's perspective and market's mentality.


Ignawin


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 Big Mike 
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  #4 (permalink)
 Ignawin 
Prague, Czech Republic
 
Experience: Beginner
Platform: Sierra Chart
Trading: EB
Posts: 37 since Aug 2010
Thanks Given: 17
Thanks Received: 18

Oh, great..

Now I look like a fool, eventhough I've searched the forum.
How do I delete this thread? Looks redundant to me..


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