Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I couldn't agree more with Buzzsaw. That being said. Anyone with experience has learned to be disciplinied, patient, maleable, and brutally honest with themselves. I am convinced successful trading is more about learning yourself than the market.
Confidence is the "feeling" you have before you understand the situation. I try to start every trading day, with being honest about myself and letting the market tell me where it's going. Humility is always a good thing.
I agree. I can't begin to tell you how many times I come in with an idea of what the market will (might) do and then it does something completely different...
Fortunately , I just go with it.. "maleable." The market speaks, I follow and execute my plan..
Like in the movie, "Forest Gump."
Trading is like a box of chocolates, you never know what you are going to get..."
Tom
Regards,
Tom
Trading Is A Journey of Self-Discovery, Not A Destination.
This thread has been nominated in our "Best of Trading" series, in the category of "Best Thread Of The Year". Voting is currently taking place, cast your votes by following the link below:
Friend of mine sent me this video of Dan Gilbert talking about decision making. It is worth watching for all newbies in the game and reading this thread too.
Good video (minute 11 Hawaiian vacation reminds me of the debate about mark to market and in general constantly comparing the little the market is prepared to deliver with my expectations) but tend to agree with some of the questioners about buddy's interpretation of what he calls the "Bernoulli equation" (the product of odds vs value). IMO some things in life are not strictly a matter of number comparisons.