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The “Pro”-cess - Discipline -
- Thread starter xburbx
- Start date
%%So I have been around these boards for a very long time and met some fantastic people and traders. After 14 years of some incredible runs and some certainly poor ones, I realize that I have exhausted technical analysis and need to focus on the mental end of this business. The 14 year mark is not something to boast about. It’s actually quite the opposite
Current struggling thought I have to work through in getting the process and plan in place.
- The consistency of a computer would be far superior to a human with emotions in terms of process and discipline. The edge is accepted here as a s/r line giving a positive outcome of price heading one way over another. If it were this easy , everyone would do it. What am I not grasping?
For market making, I'm sure max computer would be best+mostly works well. But really, part of your answer is Google This ; Knight Capital/technology breakdown.
Another clue is; how many hedge funds have done as well, as say, Paul Tudor Jones fund.......... ??IF you took investors + market makers/specialists out of stock market; most likely would be a real shocker in percent profitable?? Congrats on 14 years.
Same principle/answer follows. I can mostly hit paper /can targets all day long;same size target = 7 point live buck deer+ LOL=big difference.Machine guns are not legal for deer. Got it?? OF course shooting @ a deer size + shape paper target can help some. Wisdom is profitable to direct.............................................................................................