every day on elite trader

Quote from breakin:

My point is too many people on here have been trading for 3 or 6 months or less are answering questions as though they are experts. I know there are people on here trading for less than 6 months with almost 1000 posts, that does not help anyone.
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That's a good point and why I try to post a quote from a recognized expert when I post. Even though I've been involved in
this business for 15 years, you don't know that.

So, if I see a question like..."How much should I risk on a trade?",
I'll usually say something like..."I wouldn't risk more than 2% of
my trading capital on a trade."

Then I'll add a quote like, "My experience with novice traders is that they trade three to five times to big. They are taking 5 to 10 percent risks on a trade when they should be
taking 1 to 2 percent risks" Bruce Kovner...(quote from Market Wizards, pg.82

Good Luck!...
 
Quote from breakin:


--just something I have noticed, also the guys who actually make money don’t give the quick and easy answers and maybe not the answers the new, new person wants to hear.......that is if the successful trader takes time to answer new trader questions in the first place
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Probably they don't or they just skip them, which is very sad. Unfortunately I've realized myself through countless of threads uphere the hard way even the rude way some newbie's questions are answered and handled by the repliers showing a high grade of inmaturity floating around here

Many traders forget where they came from, they forget that once they were newbies and they had many questions at the beginning .

That is something to feel no pride of.
 
"--just something I have noticed, also the guys who actually make money don’t give the quick and easy answers and maybe not the answers the new, new person wants to hear.......that is if the successful trader takes time to answer new trader questions in the first place"

Yep. Sorry to say this but unfortunately, most of the successful traders on ET are arrogant bastards who won't share a crumb of bread with you if u were dying from hunger.
 
I will prepare a serie of articles for novices I hope in about one or two months when I will have time and feel like to do so. Then pretty sure that others will feel like to do the same just for the pleasure to contradict me : this is emulation :D
 
Quote from harrytrader:

I will prepare a serie of articles for novices I hope in about one or two months when I will have time and feel like to do so. Then pretty sure that others will feel like to do the same just for the pleasure to contradict me : this is emulation :D
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You must have a skin as thick as an alligator:D
 
Quote from harrytrader:

I will prepare a serie of articles for novices I hope in about one or two months when I will have time and feel like to do so. Then pretty sure that others will feel like to do the same just for the pleasure to contradict me : this is emulation :D
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Emus do that a lot; they call them copy cats, I think.

What is that called when people pour fuel over themselves and get a friend to light them up?
 
Quote from harrytrader:

I will prepare a serie of articles for novices I hope in about one or two months when I will have time and feel like to do so. Then pretty sure that others will feel like to do the same just for the pleasure to contradict me : this is emulation
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"Emus do that a lot; they call them copy cats, I think.

What is that called when people pour fuel over themselves and get a friend to light them up?"
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Grob
Do you mean "Saturation" rather than "emulation" ?

:)
 
how about just getting baron to open a new forum especially for newbies. ( if you don't want to read all the new questions, just stay out).

And also chat sessions (just like the advertiser chats): but ran buy elite volunteers that have no affiliation with any groups or causes. where the person volunteering could have a quick weekly lesson, with a q & a session.
 
LOL what is this a socialist mentality? What do u want with such a ROBIN HOOD way of thinking.

I know a few successful traders from Elite. They are far from arrogant Bastards.

Rule number 1. If ur a success you dont tell the world your methods.

Every trader should know the basic mental rules. Other than that get the hell out of the game if you can't figuer it out on ur own.

The key to success is the fact that you find a niche that no other has, a system/method that is all your own. Of course the method or system may have some bits and pieces built upon something alreadt tried, but you modify it and build it.

You only tell people when it stops working, you write a book, you go on CNBC and speak about, you do seminars, you do live chats.
 
Just a couple of questions for you ertader.

In your honest opinion.

1. what is the purpose of this website?

2. why are you a member of the website?
 
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