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Yes, you said it perfectly. This is advice that most will not catch and so they will go on using indicators, book theory, etc. Then one is either trapped for life in unprofitably or low profitability or they unbrainwash them selves and start to REALLY figure out how the really profitable...

I'm not disrupting this thread. I'm saving them from listening to unprofitable, yet theoretical, blowhards like yourself. Maybe you should spend more time listening and learning once in a while instead of making thousands of posts on a topic that you yourself can't succeed at. It's laughable...

It seems cabletrader is still running around here giving out advice on how to be consistently profitable and successful when he himself is not. Got to love it. He and his advice are the reason that most follow book taught trading methodology and still lose. If those people who are reading...

Yes, simplicity is always the best. I'm sure that there are some quant algo guys that would disagree, but for the average retail trader simplicity is best. If your strategy is working then it would seem silly to change it. What sets consistently profitable traders apart, and I stress the...

The market isn't technically right or wrong, it just is. We as traders pass judgments on it and give it labels. It can be right or wrong at the same time, depending on whose perspective it is.

You mange a fund, that's rich, hahahaha!! So you go from "I'm not a great trader" to I manage a fund. Hhahahaha!! Scalping for two pips 40 times a day and you manage a fund, hahahahaha!! And it was positions, I edited it right after I posted it. And "I don't know how to manage my...

When you manage other people's money and your very survival rests upon managing your positions properly then I will take your advice on my sleep schedule. And I forgot to put this in my previous post about debating. Look at the difference in tone of our first two comments. This will show...

There is a difference between two people debating and stating their opinions in a civil and respectful manner as opposed to attacking someone elses opinion in a loud mouth and arrogant way that insinuates you have superior knowledge. Go back and read the thread and notice how no one else chimed...

Debating issues is fine and posting ones opinion is also fine. However, when I post a comment about emotions and then you loudly chime in right after me and attack my comments and state that my advice is crap as though you have some special authority on the subject then I will defend my...

You can make fun of my advice all you want, it makes no difference to me. I also never said that psychology and emotional awareness is the only factor in success. I said and agreed with the OP that psychology, and more specifically emotional awareness, play a large role in someone's consistent...

Yes, I am a professional FX trader. I make my living everyday trading the FX markets and have done so for the past few years now. If you have any other questions feel free to PM me and I will see if I can answer them. Sometimes it does take me a little while to reply, but I will get back to you.

Ok, I haven't went to bed yet so one last reply. Your quote above is exactly my point. Everything I said ALL comes from experience and not one bit from theory. I detest theory, and I believe it keeps most traders trapped in "almost got it" land forever. Yet you claim that you are not...

Either way, here I am tired as hell trying to convince people to take my advice, lol. You guys do what you want, I'm going to bed. You win. Edit: One last thing, if I sounded arrogant or anything I apologize as that was not my intention. I was just trying to get my point across.

Ok fine, point taken. But now you've got me going here. Maybe that's why the successful are successful and the unsuccessful are unsuccessful. Maybe it comes down to humility and the ability to have an open mind and learn. This would enable a person to listen to the somewhat unorthodox, yet...

Your points are well taken. However I would say that I don't believe that there are just 10% opportunities. It is my belief, and experience everyday, that there are many opportunities, often times so many that I don't have enough eye balls and capital to exploit them. Maybe it is the emotional...

Ok well, I gave it my best try with you. The reason I stated the above facts is so that people would know where I am coming from and if they want to talk to a successful FX trader they can. Also, because it gets frustrating to argue with people about stuff that I have already gone through and...

Well first off, I applaud your restraint in not using insults. To be honest I thought they were coming.:) My response to you then is this. I am very profitable and consistently so for the past three years now. I do not have a job and I have not had one for over two years now. I support...

Well, there is nothing else I can add, I have said it all and I disagree with you about Soros. People can read the posts and decide who is helpful to them. Let me just ask you a question Cabletrader. Are you profitable? If so, are you very profitable and consistently so? You don't have to...

You're right, what ever floats your boat. And you're also right that it is probably not required to be somewhat profitable. However, I would be willing to bet my right arm that most, if not all, of the extraordinarily successful traders and money managers are extremely emotionally aware, even...

It seems you don't understand what emotional awareness means. It has nothing to do with liking or disliking your emotions. It means that you are aware of them. If you are aware of your emotional reactions and you use them to learn about yourself and how you react to different market...