The NO. 1 Secret Of Success In Trading

Made $ again shorted the market this morning 4/3. Are you feeling any pain yet for your 401k from yesterday?
Don't have one, don't need one.
Why are you so hostile dude? Nobodys attacking you here... this is commentary about the broader market. Chill huh?
 
Made $ again shorted the market this morning 4/3. Are you feeling any pain yet for your 401k from yesterday?

When you posted that, the market was already down over 20 points ES.Everybody can post this kind of things in hindsight. And while I am posting this your profit is already gone.

You will probably post now that you got out in the bottom 30 minutes ago.

Your ego will soon hurt your returns.
 
When you posted that, the market was already down over 20 points ES.Everybody can post this kind of things in hindsight. And while I am posting this your profit is already gone.

You will probably post now that you got out in the bottom 30 minutes ago.

Your ego will soon hurt your returns.
Maybe vincent doesn't know how to post a blotter?
 
When you posted that, the market was already down over 20 points ES.Everybody can post this kind of things in hindsight. And while I am posting this your profit is already gone.

You will probably post now that you got out in the bottom 30 minutes ago.

Your ego will soon hurt your returns.


Look at my first post when I said we are in the beginning of a bear market. I posted that 2 days ago...haters gonna hate.
 
Look at my first post when I said we are in the beginning of a bear market. I posted that 2 days ago...haters gonna hate.

Are you still short?
Don't change the subject. You were making again a killing, but probably got killed this time.

Bear market or not will be only known much later. Till now there is no proof of that.
 
Are you still short?
Don't change the subject. You were making again a killing, but probably got killed this time.

Bear market or not will be only known much later. Till now there is no proof of that.

Went short this morning and took my profit. So made my $ for the day.
 
The NO. 1 Secret Of Success In Trading: excel in problem solving.

Knowledge is not the key to profitable trading. Problem solving is.
If you have the basic knowledge necessary to start trading, you should focus on the problem solving part.

I first noticed the importance and the necessity of being a good problem solver when I was still working as treasury manager in a billion $ company. When I left the company we had to find somebody to take over my job. We found quite a few candidates who all had a higher degree then me and were smarter then me when it came to pure theoretical knowledge. But the problems started when they had to do a real life test. We needed a lot of candidates before we found one who was able to use his knowledge to solve unpredictable problems that occurred and for which there was no standard answer. The way the acquired knowledge was used showed us which candidate we needed.
Creativity and out of the box thinking is also very important as it can lead to insights you will never find otherwise. All this explains why some people can what others cannot.

Problem solving can only be learned till a certain level, so it is not like theoretical knowledge you should just learn by heart. You, or rather your brain, should be gifted with a "problem solving logic" way of thinking. A lot of people are not able to do this.

Great post, couldn't agree with you more.
 
The NO. 1 Secret Of Success In Trading?

Avoid trading sites such as elitetrader, specifically elitetrader for knowledge. However, a click bait site such as elitetrader does teach you the importance of understanding that entities on the other side have ulterior motives.
 
Back
Top