I m looking for a mentor

deaddog said:
I'm more of a show me what you've done and where you are having trouble and I'll see if there is anything I could suggest that might help.
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yes in the case of a profitable but not consistently profitable your way can make all the difference.

but where i am different from everybody else in this world is that i have always believed that markets are logical.

This i believed every day for 13 years even though i kept on loosing overall. If i did not believe this, i would have given up after i lost consistently or when my losses crossed the 6 figures
 
padutrader said:
but where i am different from everybody else in this world is that i have always believed that markets are logical.

This i believed every day for 13 years even though i kept on loosing overall. If i did not believe this, i would have given up after i lost consistently or when my losses crossed the 6 figures
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Have you made up your losses.

Not sure what you mean by the markets are logical. Markets are not anything, they just are. Traders on the other hand, the force that moves the market may or may not follow a pattern.
I just make an educated guess and endeavour to keep my losses small when I guess wrong.
 
deaddog said:
I just make an educated guess and endeavour to keep my losses small when I guess wrong.
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everyone does that

Even the iconic Soros said he did that.

but i always believed that "i need not just make an educated guess and endeavour to keep my losses small when I guess wrong".

if you believe,.... you can achieve PROVIDED you are willing to go through a lot of pain.

A treasure hunter searched f or a sunken ship which sank 100 years ago for 25 years even though everyone said he was looking in the wrong place.

he found it after 25 years.

i found my treasure after 13 years......but most people do not look for it

did you?
 
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deaddog said:
Have you made up your losses.
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some of them........

money is medium of exchange........if you do not make that exchange, money is just paper


i have exchanged money for knowledge and now am exchanging it back into money, which i will again exchange, for a life for me and my family.

Trading is the only business which is recession proof
 
padutrader said:
i found my treasure after 13 years......but most people do not look for it

did you?
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I guess I did; I have never blown-up a trading account. I found that I didn't like to lose money so I figured out a way not to.

Basically it's the same secret everyone knows and ignores; Keep your losses small and let your winners run.

The only control you have is how and when you play the game.

Being lucky from time to time also helps.
 
i had searched for 13 years to find a structured but simple method which does not rely upon judgement but relies upon market structure which is indisputable and to have a stop which does not keep triggering all the time.
this is what makes a consistent trader.
 
padutrader said:
i had searched for 13 years to find a structured but simple method which does not rely upon judgement but relies upon market structure which is indisputable and to have a stop which does not keep triggering all the time.
this is what makes a consistent trader.
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Exactly: That's what started this conversation, I said a trader is more likely to trust a strategy they put together their self.

One question though; if the system "does not rely upon judgement but relies upon market structure which is indisputable" Why do you need a stop? :)

I see the OP has disappeared; hope he found a mentor.

Out of curiosity did you get many private requests to mentor?
 
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