While all of this is very riveting to read, let me give you four absolutes to make note of and remember that are present in everything that goes on in this world - 1. Context 2. Foresight 3. Implications 4. Life Awareness Re: Personal Psychology and ...

The brutal truth of day trading

jimmyboy By your definition and thought process, almost everyone on this site fits in that box including you. Maybe it's time you re-educate yourself. I have my moments of stupidity just like anyone. But on the flipside, I don't care about people's ...

The brutal truth of day trading

Now, of all the 'traders' here, who wants a tissue and who wants a stick of gum?? Peter

The brutal truth of day trading

Who cares if you don't understand. If you cannot understand the many things within written form then I pity you. Facts are not the basic truth of something, they're just facts. The thread starter brought up the topic re: day trading. Language is ...

The brutal truth of day trading

No trolling, just plain simple observations. Technology on its own is no problem. No attacking. Nothing but someone who has lived long enough with eyes open to understand certain things. Make up whatever you want to explain what I'm doing or saying. ...

The brutal truth of day trading

To me this is the part where we have to separate experienced Life livers vs modern day tech 'knowers'. To me a good trader is an idiot. A REAL trader however is a real life person. This "good trader" stuff is superfluous fluff. A real trader ...

The brutal truth of day trading

If someone, anyone, wants to learn how to trade properly, you have to get past opinions. If, for eg, there are 30 'parts' to a person's situation that determine a successful trading career from a failure, then why would someone only focus on say, 12 ...

The brutal truth of day trading

For me, volume and Tick data are the cherry on top, although can be used to determine many things. I'm not trying to change anyone's minds. Just saying - if your game is too much their game, then there is a shelf life to what is being done on your ...

Price action at the core = family members' discussion project

I, personally, have traded with and without external data for years. With both strategic approaches, it's not about how well someone does WITH the data, what's important is to understand what trading is like without it. It's not about the profits ...

Price action at the core = family members' discussion project

Let's see how many partitions people have in their minds when relating unrelated visual and / or audio material with trading and the big wide world it harbors. Ready? NB - I have NOT placed any of this material in ANY order or for any reason ...

Objective Thinking And Trading

To understand the 'big players' you have to stop thinking like a single person and begin thinking like an organisational organism. Although their habits are to ' make money', they can still be tracked and there are many ways to do it.. As to the ...

The brutal truth of day trading

Hercs, Glad it's helping in some ways. Please use the pm function to correspond like this with people. I'm sure simnz and others would be ok with this. I would like to keep the thread clear of clutter as much as possible. I hope you understand. Peter ...

Objective Thinking And Trading

Do you understand yourself to understand your own trading plan? People, every now and again, ask about this and so it's necessary to place in front of you some approaches to create a trading plan. However, I'm not trying to reinvent the wheel here ...

Objective Thinking And Trading

What is Consistency in Trading through the lens of Life? Time to put down all those lovely words we all love to use and get to the meat of what makes a person or organization truly successful. I'll keep this simple and honest so no one gets ...

Objective Thinking And Trading

I'm glad it's helpful. You're very welcome. Just keep learning. Peter

Objective Thinking And Trading

The next step is to make a list of all the different contexts you can generate that are NOT related to material goals. Person. People. Community. Country, World. Without idealism and fantasy but simply with basic truthfulness. Peter

Objective Thinking And Trading

I would suggest people learn how to think properly so then, they don't need to 'believe' or follow biased studies that are never completely forthcoming with all aspects of conclusions. A person must begin with generic, general and work your way ...

The brutal truth of day trading

From the perspective of someone who has been actively trading for a long time, I have never seen ANY real life hard evidence of any 98% fail rate and 2% success rate. Sure I've seen all manner of conjecture and propaganda online etc, however, ...

The brutal truth of day trading

Interesting. I said so few words but you chose to read it that way. Thank you for sharing. Peter

The brutal truth of day trading

If you say so ..... would you like some mud with your water? Peter

The brutal truth of day trading