Recent content by RolloTape III

There's a lot of parallels in terms of mental aptitude between competitive gaming and trading. Rapid decision making under stimulation/pressure, attention to detail, powers of recovery, meta-behaviour etc. Because a lot of gamers now stream themselves in competition - there's loads of Warzone...

My worst mistake and probably the worst mistake a newbie could make, was getting lucky with a winning trade on a losing system (didn't have a clue what I was doing). It framed how/where I looked for trading insight and it set me back years.

I was being kind lol

Why are so many of the advice pinning everything down to emotions and psychology? Most likely the OP doesn't know what he's doing. First step is to stop and prove you DO know what you're doing before putting any more money in. Not to encourage him with inspirational anecdotal stories, cos guess...

100% Agree. The markets are so scalable anyone with true alpha would just size up (over time ofc) and not bother with the relatively small sums involved in collecting sub fees or 4k courses. Funny thing is how unwilling any of them are to provide an audited track record when this is the ONE...

For the same reason an elite tennis player is not elite at golf. They are both different games lol. The tennis player has spent a lifetime of dedicated practice in their sport and not the other. You clearly know how to player poker and have dedicated time on it. You have a verified method -...

You are right, it's all hindsight information offering nothing actionable. Might trigger a few people on here but "Auction Market Theory" is a fad, it just gives these vendors and educators another degree of freedom to label unverified market concepts and it's no coincidence that it's popularity...

Leaving a job due to mental pressures only to then go into un-backed, unverified independent trading - is jumping out of the frying pan and straight into the fire. Like many on here have pointed out - you are completely set up to fail. Take the advice given before you lose your account - and...

It wouldn't change the sentiment behind the statement I made, that absolute returns are meaningless by themselves. But fair enough, I didn't read that first post and used a bad example.

Any trader - someone who manages risk - should know that absolute returns is pretty much meaningless. Maybe the poll is just to pique an interest(?) but what if I told you I made 100% returns.. but didn't tell you I put the whole account on 1 trade in a 1:1 all or nothing play.

A trading mentor is the strongest determinant of success but that term itself is an oxymoron. Anyone who sells education is NOT profitable - be absolutely clear on that. There are successful traders who are willing to impart their wisdom and you will find they do not charge anything, the only...

It is simple but it's actually fairly accurate. That is, the acknowledgement of what moves (and stops) markets - volume and liquidity (i.e. intent and future intent).

I have not come across a successful TA trader in my long voyage in trading. It's been all gurus and "educators" pushing it. Not to say there aren't any profitable practitioners as you can't prove a negative. But the burden of proof - and we should all easily agree on this - is on the people who...

Mindset is one piece of the puzzle but before all that, skill development/acquisition MUST come first. E.g is learning how to play tennis, doesn't matter how great of a mindset you have, if you haven't been taught the mechanics of HOW to serve (broken down into its various components), perhaps...