Successful Trading - Advice and Guidance
- Thread starter downrivertrader
- Start date
Quote from Cheese:
No thank you.
The market is a rational place, explicable by rational understanding, open to logical analysis and a willing cornucopia but only to those who can master its field of play.
Period.
Quote from Cheese:
No, losses are part of being a loser.
Quote from Cheese:
There is no madness only prices; that means willing buyers and sellers. Very rational. Bubble, same as any other time; it had buy and sell prices, upmoves and downmoves. Now how difficult is that?
I thought I had finally found something that Cheese said that I disagreed with.
Surely a trader must have some losers, and there is drawdown, right?
Between Cheese, Steve46 and MyMini these guys have made me think and ponder about good trading a lot more than I thought I would ... partially becasue while they say they won't tell you explicitly what they do (actually Steve46 has), they keep leaving footprints every time they post on a discussion board.
The biggest step I ever had to take was realzing that while I might be right in terms of what I was thinking, they not only were not wrong, but they had gone beyond the basic (and intermediate - i.e., my level) levels of thinking about trading to a point where taking anything other than small losses, much less consecutive losses of any size, was very difficult if not impossble using their styles of trading.
Thanks guys.
Best Regards,
Jimmy Jam