The NO. 1 Secret Of Success In Trading

vincentnyc said:
I don’t trade like the mass where they get their stocks from the news, friends, families. All I can say is I screen for my stocks base on some criteria. I enter a stock base on a signal. Sorry I’m not giving out the secret recipe which I paid. No free lunch.
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No reason to apologize, nobody wants a free lunch. I always skip lunch anyway. Breakfast too most of the time. Too many fat f's in this country ya know. People eat too much.

Anyway...If you're only scalping a few $100 bucks... I really don't think calling out a few live trades is going to give away any proprietary system. Pretty hard to reverse engineer something like that. But if you prefer not to, hey, don't whine when others here call you out as a poser. Respect on trading forums is kind of earned. I mean why do you even bother to post then? Might as well be posting pictures of your cat.
 
vanzandt said:
No reason to apologize, nobody wants a free lunch. I always skip lunch anyway. Breakfast too most of the time. Too many fat f's in this country ya know. People eat too much.

Anyway...If you're only scalping a few $100 bucks... I really don't think calling out a few live trades is going to give away any proprietary system. Pretty hard to reverse engineer something like that. But if you prefer not to, hey, don't whine when others here call you out as a poser. Respect on trading forums is kind of earned. I mean why do you even bother to post then? Might as well be posting pictures of your cat.
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Ok I bite. Some of the winners for me today: chgg, zg (traded twice), xcra.
 
vanzandt said:
No reason to apologize, nobody wants a free lunch. I always skip lunch anyway. Breakfast too most of the time. Too many fat f's in this country ya know. People eat too much.

Anyway...If you're only scalping a few $100 bucks... I really don't think calling out a few live trades is going to give away any proprietary system. Pretty hard to reverse engineer something like that. But if you prefer not to, hey, don't whine when others here call you out as a poser. Respect on trading forums is kind of earned. I mean why do you even bother to post then? Might as well be posting pictures of your cat.
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Most likely I could reverse engineer after one or two signals and if I can, many others if you done good amount of system development you could as well. LOL
 
There is really no secret, but there are requirements, such as a fat trading account.

Trading is a boring business, does not require a high IQ, and it is not impossible that dumb people are better suited for trading than intelligent people.

The problem of trading is that there are necessary conditions to make it, but there are no sufficient conditions to make it. Even those who have been successful for sometime, there is no guarantee they will continue to be successful. Money in trading is always subject to even total loss. The death of XIV is an example.
 
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vincentnyc said:
Sorry I don’t compare how much other make to myself. The only thing I compare myself is with myself. Will I be making more $ this year in trading than last year and my answer is yes!
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You told your mentor is an idiot.
You told that people who cannot be profitable are idiots.

You compare yourself with other people ALL THE TIME.

You started trading 6 months ago, so you cannot compare with what you made last year. To make more then last year you only have to stay out of a loss this year.
 
tradingjournals said:
There is really no secret, but there are requirements, such as a fat trading account.

Trading is a boring business, does not require a high IQ, and it is not impossible that dumb people are better suited for trading than intelligent people.

The problem of trading is that there are necessary conditions to make it, but there are no sufficient conditions to make it. Even those who have been successful for sometime, there is no guarantee they will continue to be successful. Money in trading is always subject to even total loss. The death of XIV is an example.
More...


I think they did a study once where they put a bunch of Ivy League college graduates and have them trade. Most end up blowing up their account.

Successful trader who got their account blown up like by xiv then really don’t know how to trade. No real knowledge of etn and what it really does. No risk management and position sizing. These type of traders will end up like the rest of the 90% fail traders.
 
schweiz said:
You told your mentor is an idiot.
You told that people who cannot be profitable are idiots.

You compare yourself with other people ALL THE TIME.

You started trading 6 months ago, so you cannot compare with what you made last year. To make more then last year you only have to stay out of a loss this year.
More...
schweiz said:
You told your mentor is an idiot.
You told that people who cannot be profitable are idiots.

You compare yourself with other people ALL THE TIME.

You started trading 6 months ago, so you cannot compare with what you made last year. To make more then last year you only have to stay out of a loss this year.
More...

Maybe you should write my autobiography since u like to put words into my mouth?
 
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