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One of the mental things is the concept of trading as gambling. I would not argue with anyone who says it is gambling. But in my mind I am not... If I place an order and am thinking: "this has a 70% chance of winning"... I'm gambling. If I place an order and am thinking: "this 100% fits...

The challenge... during frustrating times it was not the profit motive so much as the challenge of being able to do this that keep me at it. Handle is saying something similar. The emotional and mental parts of trading seem much more difficult to me than the technical parts. One of the more...

I do trade differently from you, and certainly on a smaller time frame. But I have learned a lot from your posts over time. Thanks.

E. FYON/P - Follow your own numbers/plan When I was just beginning and floundering, one time Volente had posted many wins in a row. So I thought I'd just copy his trades. Of course then he posted 3 losses in a row. Cost me a lot of cash. It was a good lesson to learn early on... there are...

https://www.bbc.com/ideas/videos/what-is-flow-and-how-can-it-help-you-achieve-more/p06dc8w8 The idea of flow and trading has been covered elsewhere at various times. ...and may apply to more than Price Action. About 2 1/2 min in it talks about "how to" be in flow: Stay in the present. Don't...

The old timer mentioned... had been a farmer as I understand it. Out doors kind of guy.

Hey, it could be he went short for the dip and made so much it is just time to retire. ...and it One of the other old timers who no longer posts, told me just before he stopped posting, that he had just had his best day ever. He wasn't watching the P&L, and when he checked at the end of the...

It is human nature to when first looking at an issue, to pick a side and then begin to discard or think an error anything that goes against the side one has picked. I am more tolerant of having a foot on both sides of the fence then most, and... I make an effort to see things from both sides...

Damaged traders... Can be given a genuine, proven edge and really mess it up. The psychology piece may not be in place. There may be a limited time when it is reasonable to stop trading live the first time you are showing a profit each day (you can then switch to sim). Do this until your...

John Reed is trying to sell his approach and apparently sees Kiyosaki as a competitor. Neither is perfect.

My degree is in agriculture, and I owned/ran a horticultural business for 15 years. I've had a paycheck/made money in... Real estate Construction Teaching (University) Several areas in health fields Sculptor/artist I've managed real estate properties most of my life ...several of the above...

I've done rentals all my life. Specialize. Yes, middle income and lower. Don't want families with kids or young people as a rule. Older people are more stable and quieter. So I like small units that don't attract more than a single person or a couple at most. It is more profitable not to...

When I was starting to trade I sat in an EWT class for an hour a week for ~3 years. I rarely use it anymore. When it fits, it works beautifully. IMO there is a general truth/usefulness to it, but... I don't think it matters if you are trading indicators, EWT, patterns, simple Price Action...

Ketogenic ...anti-cancer, anti-inflamation. Sleep better. Mentally sharper. And you are not hungry, weight loss is a side affect. Because not hungry, easy to do the intermittent fasting also -- which has significant benefits. They work together. [Intermittent fasting... eating all your...

Of course I trade for profit, but what kept me working at it over years was the challenge. The challenge of doing something really difficult just because it was. Also, I started trading after a serious brain injury. Don't know why my family let me start trading... but my neuropsychologist gave...

His new set of videos are not that hard to understand. His books cause many grief even though they contain useful info. So dismally edited. I did sit in his trading room for awhile. He is the real deal IMO. He is a good and kind man, wasn't the most understandable teacher to start with (at...

There is a current thread on 'not thinking about the money'. I didn't realize until recently that it was when I made the choice to not think about outcomes (the money)... before that I had some aspect of the deer-in-the-headlights watching outcomes... that aspect seemed to prevent me from being...

"Turning off" being smart is also an interesting idea/skill. A lot of really smart people fail as traders. Your plan of course needs to be smart.

What gets you into the purported 5 – 10% of consistently profitable traders? I have a relative who has bought a program from a coach. Thousands of dollars. Hope it works for him but looking at the trading plan he is generating… it is a long shot. The plan is all technical at this point and...

Good Luck with that... As to "Those kind of guys are in their own world, or Buddhist mountain monks. People who hangout in trading forums are sardines." I know a guy a little like that, very unusual thinker. Smart as hell, grew up utterly poor. When Gold made it's big run up he turned 10k...