OK, I Quit. Trading is Too Tough for Me
- Thread starter 4DTrader
- Start date
I learned by the hard way. It took me 6 years till to really understand how market works and how my weakness was responsible for my losses. To find strategy (winning method) is easier than to have a supportive behavior for that strategy. When people mentioning an EDGE, for me is something a combination of METHOD and SUPPORTIVE BEHAVIOR (or discipline). AHG method is one of the best, but again we need to have a SUPPORTIVE BEHAVIOR to incorporate with that METHOD to be successful. Strategy without supportive behavior is ineffective.
This guy didn't get caught by surprise. Maybe you should watch him.
http://www.youtube.com/watch?v=vv_Wk2eAVIw
http://www.youtube.com/watch?v=vv_Wk2eAVIw
eagle,
Sometimes I think it's better to learn the hard way. If some mentor tells me a way of trading, I wouldn't trust him 100%. I would think there may be a better way of trading. Later on, I would deviate from the mentor's way and get into a disaster.
Now little by little I learned the hard way. Every bit of information was learned through personal experience, paid with hard-earned money. That's solid foundation. I don't regret learning the hard way.
You are right, the method part is easy. Market behavior is really simple and it's not difficult to come up with a method. The difficult part is whether we can follow the method. It is this part that has taken me a lot of time. The theory has been there a long time, but it takes time to put the theory and my mistakes together.
6 years? I assume you did it part time. Some full-timers made it within one year.
To the original poster
What is the point of this thread?
Are you looking for sympathy? That's what girls do
Are you hoping others will convince you to stay in trading? Even if they succeed and convince you into staying, you will still fail since the motivation came from others, not from within
If you are just venting - no one wants to listen to you. "Laugh and the whole world laughs with you, weep and you weep alone."
Since you are quitting, you need close your Elite Trader account, and start on your new journey, whatever it may be
Get moving, and man up
What is the point of this thread?
Are you looking for sympathy? That's what girls do
Are you hoping others will convince you to stay in trading? Even if they succeed and convince you into staying, you will still fail since the motivation came from others, not from within
If you are just venting - no one wants to listen to you. "Laugh and the whole world laughs with you, weep and you weep alone."
Since you are quitting, you need close your Elite Trader account, and start on your new journey, whatever it may be
Get moving, and man up
That´s the way to do it!
With that attitude you cannot lose!
Soooooooooooo ..Quote from 4DTrader:
People told me I needed a plan, so I made a trading plan.
But I changed my plan hundreds of times literally, because I changed it every day after a losing or winning day, and I have traded actively, part-time, for one year since May 2007.
People told me I needed to follow the plan, so I put the plan between the monitor and me, and I stared at the plan every minute.
But I just couldn't follow the plan. As soon as I entered a trade, I forgot the plan, ignored the plan, and started to do whatever I was led to do.
So I have decided that trading is not for me. I quit! I will not trade anymore! I don't want to spend several more years doing this (I heard it needs 5 years, too long for me).
Any comment is welcome.
You didn't plan to fail
You just failed to plan
No, thats not quite right, lets start again ..
You didn't fail to plan
You just kept right on failing with each plan
