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And you thought trading required effort and perserverance


Discussion in Psychology and Money Management

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  #1 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,319 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540

Just say it .... Yes I can.



[Hopefully the YT is not geo restricted]


Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
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  #3 (permalink)
 TheBenefactor 
Pensacola FL
 
Posts: 57 since Jun 2016


Awesome.

Thanks

TB


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  #4 (permalink)
 
DominionCuentas's Avatar
 DominionCuentas 
Oviedo Asturias Spain
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage
Trading: Futures
Posts: 9 since Aug 2016
Thanks Given: 9
Thanks Received: 3

Dear All,

Not only effort and perseverance but above everything else CONSISTENCY.


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  #5 (permalink)
 TheBenefactor 
Pensacola FL
 
Posts: 57 since Jun 2016

I love how all these trading "gurus" out there who advertise:

"WATCH ME TRADE. YOU CAN DO IT TO"

They all talk about how quickly you can make money.

You have to avoid the most heavily advertised junk out there.

For example there is a guy out there who REVIEWS 1100 rooms.

He stays in each one for 3 months. Everything from George Washington is covered (over 200 years of internet research).

They then "recommend for a fee" the very best traders.

Here is one at the top of his list:

CFTC Charges Jody Dupont of South Carolina and His Company, Open Range Trading LLC, with Commodity Trading Advisor Fraud

Stick with proven winners and take the time to LEARN THIS PROFESSION.

Only a very few people out there actually advise LEARNING TO TRADE BEFORE you plunk down your own risk capital.

You need months if not years of education and then practice.

Why is this Profession any different from Law, Medicine and Engineering?

TB


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Last Updated on October 16, 2016


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