If you could go back in time to when you were a new trader

Quote from dbphoenix:

No, I'm not upset. This doesn't matter enough to me to upset me. It's no different from what I've heard thousands of times before. Nor am I offended. Your success or failure has nothing to do with me.

As to trading plans, they needn't be secret. Mine isn't. ND's isn't.

As to discipline and money management, yes. But the most rigorous discipline and the best money management aren't going to turn a losing strategy into a winning one. One must first understand what he's looking at. Then he must understand what to look for. Without that, he will fail. To say that one must not focus on trading plans but rather just "do it" is not what I would call a winning mindset.

As to an all-knowing way of predicting something, that's not what the law of supply and demand is all about.

And as to my strategy, if you don't give a crap about it, that's fine. But you may want to learn something about it before making judgmental statements about it.

So Warren Buffet is a supply and demand trader?
 
Quote from kid.fx.cross:

ok, thanks for the advice

I'll remember that next time the market moves against me

I don't know who you think you are fooling, but you aint fooling us

What does fooling have to do with anything? If a trade doesn't do what one expects it to do, why hang on? Hope?
 
Quote from TheGreatGorilla:

So Warren Buffet is a supply and demand trader?

I have no idea, but I suspect that he doesn't buy companies just because he likes their logo.
 
Quote from dbphoenix:

What does fooling have to do with anything? If a trade doesn't do what one expects it to do, why hang on? Hope?

If your strategy is that brilliant, why are you convincing everyone?
 
Quote from TheGreatGorilla:

Wait, what, that has nothing to do with what i said. Lol

You asked if he was a supply and demand trader. Aside from the question of whether or not he's a trader, why else would he make the investments he does?
 
Quote from TheGreatGorilla:

If your strategy is that brilliant, why are you convincing everyone?

I assume you meant why am I trying to convince everyone? And I'm not. I responded to Light's assertion that trading methods (or approaches or systems or whatever) don't last. You took it from there. We can drop this anytime, lols and all.
 
Quote from austinp:

{rising market, message board "traders"} "short xyz at 1530 > stoploss 1538

{1538 level is passed} "short 1539.50 > stoploss 1560"

"short more 1544. short more 1546.50 > stoploss raised to 1580"

{next day 1580 is hit} "silence from the poster... pretends that never happened, lets time pass so hopefully the fan-club readers will pretend, too. Repeat the process for months or years until alias disappears"

Then tries with real money.
 
Quote from dbphoenix:

I assume you meant why am I trying to convince everyone? And I'm not. I responded to Light's assertion that trading methods (or approaches or systems or whatever) don't last. You took it from there. We can drop this anytime, lols and all.

Ok go away.
 
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