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I personally tried trading everything and I was hoping that my reward/risk ratio would give me a statistical advantage. However, I learned that the probability of a trade was against me with that R/R ratio. However, I still would like to explore a more frequent trading method as it seem...

Would you say successful trading is more about avoiding trades than to be proactively seeking trades?

I think Chapter 1 is actually what most of us struggling traders missed. We were in a hurry to get to the good stuff that we totally ignored it--time and time again. Would you mind giving us a little summary of what the Chapter 1 of your book will looks like? Thanks!

It is understandable that a successful trader would rather spend money on other luxury items than on work itself.

I have been a struggling trader for a long time and I pretty much given up all hopes for success in trading, but I am going to stick to trading just to see if being persistence would pay off. It would be great if a successful trader like yourself could give me and other traders like me a bit...

Congratulation for doing the impossible! Tracking down your shrink is a good idea. Please let us know who he is, so we could get some psychological help from him as well! :D Pension_Admin

Some peoples who get looked down upon in real life tend to take out their frustration through the internet. These peoples should consider why they are looked down upon. The reason may be something as simple as reciprocity. If they treat other with respect and be helpful, other would treat...

You are missing one of the most important risk management tool. :P

Wow, look at that eh! Sweet set-up. I could tell that you have a true passion for this business. BTW: Where is the toilet seat tho? :(

Hitman was one of the very few people I admired. His determination and persistence level were above most of the "traders" I know. It is very unfortunate to see such an outcome for him. His last post has implanted doubts in a lot of traders' mind regarding the success formula. Pension_Admin

http://www.youtube.com/watch?v=cowJVBnMEqE

Hi nutmeg, thanks for your response regarding fear. I think the major reason why many of us are afraid to enter into a trade now and then is because we have been humbled by the market one too many times. We started to doubt ourselves and our set ups. So I think having some kind of...

Unfortunately, I am not at the skill level to implement this positive reinforcement system yet. :P

Seems like you got a good boss. Wouldn't he be too lay back sometimes, especially after a few drinks? Pension_Admin

I lack discipline. It shows. :P

That is the question, how do you get into the cycle? Personally, my aim is to wake up at 4am in the morning to try and catch some actions in the currency market before I head out to my full-time job. I find it very difficult to do that. The best I could do is waking up at 5am and by that...

As you may have already heard, discipline is one of the key ingredients in trading success. Whether it is disciplining yourself to a trading schedules or to a trading setup, disciplining yourself is in every aspect of successful trading. The intention of this thread is to share ideas and...

I absolutely agree with hwkaiser. The contribution of Anekdoten to the trading commmunity is tremendous. His kindness is altruism in its purist form. Whether your answer is a cookie cutter answer or not, it is best to have some examples to back up your answers.

I never trust anybody with a tattoo.

Sorry to hear about your blow up, but I think it is a step that majority of traders have to take in order to be successful. The baptism by fire has just begun. So stay focus and persistence! Pension_Admin