Brilliant presentation by Ken Reid on the 3 genetic trading types

[trader28]

A fantastic presentation by Kenneth Reid on the 3 genetic trading types

http://www.easysignal.com/Audio/drken.wav

 

[syswizard]

Fantastic....and it makes sense. Wish I was aware of this 2 years ago.

 

[deepbluefaq]

i hate videos and audio files, so much slower then reading....

 

[trader28]

Yes but the print comes off the superman comics so easily

 

[deepbluefaq]

Quote from trader28:

Yes but the print comes off the superman comics so easily

is that a joke or an insult?

 

[trader28]

Only you can decide that grasshopper

 

[deepbluefaq]

i guess its supposed to be a funny insult

not very funny, insult out of context... however one might decide im looking at it from the wrong perspective

 

[trader28]

Maybe it was worth one reply... but two?... I think its time to move on

 

[syswizard]

Guys - I think the concept of the three trader types is really important to understand. Moreover, I don't think it's possible to generalize as Dr. Ken did about 90% of the Type 1 traders losing their accounts. I witnessed a Type 3 trader blow-up in a unforgettable fashion.
It's really important to be able to catch oneself "freezing" or "day-dreaming" or "going into a state of confusion" while in a trade. Been there, done that....I know what he was talking about.

 

[trader28]

I've seen a scalper (and he is the best I've ever seen) that normally racks up 20 grand before lunchtime and never stays in a trade longer than a few seconds hold onto a loser for 90 minutes and lose 30K so nobody is immune to the odd brain fart