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ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Iâm convinced after following this thread for a few weeks most of you will not make it as a professional trader. Some will the ones who trading in the direction of the intermediate trend. Flipping in and out of positions all day long is no way to trade.
Trading is like Texas Holdâem poker in that most set ups are like most poker hands, they need to be thrown away. You should only be playing the best setups and premium hands while actively throwing away the rest.
http://www.undergroundtrader.com/freetradingmaterials/articles/borrowedtime_part-2.html
Trading is like Texas Holdâem poker in that most set ups are like most poker hands, they need to be thrown away. You should only be playing the best setups and premium hands while actively throwing away the rest.
http://www.undergroundtrader.com/freetradingmaterials/articles/borrowedtime_part-2.html
Quote from saliva:
Since when did this thread turned into a frigging pulpit for preachers and lecturers? Quit your soapbox harangue and start posting your trades. Otherwise, may I remind you once again to shut the fuck up. As always, thanks for your cooperation.
To keep from having to deal with the consequences of bad trading decisions (or indecision), some traders will put off placing the trade all together. Others will go as far as holding a losing position, hoping the market will turn in their favor to prove their judgments right.
Why do we have such a hard time accepting criticism? For one, criticism has negative connotations, usually associated with poor performance, doing something wrong, or not being sufficient enough in the task at hand. Most people, traders included, don't take well with negative feedback or comments. Some of the psychological aspects of the way we now deal with criticism are deeply rooted in our past, from experiences with our parents and school teachers. They were in the position to correct us and tell us when we were wrong, and some were more extreme than we liked with their criticism. They definitely had a psychological impact on us was there, with many of us now transferring those experiences to our trading.
Quote from Roman Candle:
Iâm convinced after following this thread for a few weeks most of you will not make it as a professional trader. Some will the ones who trading in the direction of the intermediate trend. Flipping in and out of positions all day long is no way to trade.
Trading is like Texas Holdâem poker in that most set ups are like most poker hands, they need to be thrown away. You should only be playing the best setups and premium hands while actively throwing away the rest.
http://www.undergroundtrader.com/freetradingmaterials/articles/borrowedtime_part-2.html
thanks RC
Man, I have no interest in further pursuing any meaning dialogue with you, but you manifest some strange behavior. Some time ago, You were screaming that there's no end to this rally, then you quickly recanted by saying that this market was rigged. Now you recant once again and declare that this market will again shoot for the moon. Make up your unstable mind for once. It's no hyperbole that you are a living caricature of hypocrisy.Quote from Roman Candle:
To keep from having to deal with the consequences of bad trading decisions (or indecision), some traders will put off placing the trade all together. Others will go as far as holding a losing position, hoping the market will turn in their favor to prove their judgments right.
Why do we have such a hard time accepting criticism? For one, criticism has negative connotations, usually associated with poor performance, doing something wrong, or not being sufficient enough in the task at hand. Most people, traders included, don't take well with negative feedback or comments. Some of the psychological aspects of the way we now deal with criticism are deeply rooted in our past, from experiences with our parents and school teachers. They were in the position to correct us and tell us when we were wrong, and some were more extreme than we liked with their criticism. They definitely had a psychological impact on us was there, with many of us now transferring those experiences to our trading.
What ever, I really was just trying to be helpfull.
Ciao!
Ciao!
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