Yes sir, I am taking what you said to heart.
To make money, I just need to click buy when it goes up and sell when it goes down.
The Uncomfortable Truth: 90% of the traders lose.
- Thread starter Aaryan Bhatia
- Start date
To make money, I just need to click buy when it goes up and sell when it goes down.
Good Morning ironchef,
Correction to your statement.
To make money, you just need to click buy button whenever YOU want to.
To make money, you just need to click sell button whenever YOU want to.
There you, I just gave you the secret.
Doing more than that is just simply unhealthy and a waste of time, IMO. And leads to working to working too hard and taking TOOO long to get rich.
SimpleMeLike,
Here is one of my secrets to juxtapose with yours.
Consider trading as a partnership between you and the market. The purpose of the partnership is to extract profits into your account.
It turns out the market is an ideal partner: The market always performs its duties in the partnership without fail and it never usurps the responsibilities that are yours as the other partner.
As an exercise get a sheet of paper and draw a line down the middle to make two columns. On the left, write the heading "My Responsibilities In the Partnership." On the right, write "The Market's Responsibilities."
Under the left heading you should have an entry, "Show up ready to perform at my best." Many details go into carrying out this duty. Under the right heading you should have an entry "Timing." Think of as many entries as you can for both sides. Make sure the entries on one side do not overlap any entry on the other side.
If you want to form an effective partnership to extract profits into your account, get straight your duties in the partnership and perform them as best you can. Do not usurp your partner's responsibilities. Get straight that the partner responsible for the timing of trades is the market. Your duty is to press the button, that is, to execute.
All the best.
Good Evening savoir,
Trading is VERY EASY for me sir.
I honestly do no understand anything you wrote to me. No offense, but what you wrote sounds like a lot of thinking and hard work to understand. Sorry, but tooo much thinking to understand what you wrote. And I hate working hard and over thinking when it comes to trading.
Everyday I do this:
1. Open the chart
2. Buy if I want to take a trade long, if I FEEL I can make money.
3. Sell if I want to take a trade short, if I FEEL I can make money.
4. Repeat steps 2 to 3, about X to XXX times a day until I FEEL like stopping.
Done in about 1 hour max. come back later in the session if I FEEL like it. Done for the day. Go have fun and bullshit around.
I do whatever I want to do in the markets, I have no rules, no reading books, no listening to nobody, no nothing. I am Gambling Trader, just guessing and having fun and making money.
Not time for all that mental and rules bullshit. TOO much work.
If working hard in trading, you will never get rich because you keep trying new stuff.
SimpleMeLike,
There is nothing complicated in my post. But I accept that what is simple to one person may not be to another. Creating frustration was not my intent.
You are happy with your results and having fun. That's all that matters.
Cheers.
Sorry, I am not as good as you.
For me I still need to do BLASH or SHABL to make money.
NOBODY is as good as SML He is so profitable, he abandoned his sig lines where he said he was in profit or loss for the current year.
He's THAT good that we have to take his word for it, because Lord knows, he never provided a single point of proof. He does it all on FEEL, apparently. Here's his promo vid.
Don't forget..He is now selling that shit through PMs, which is a violation of ET's TOU.
Hello savoir,
Yes, I apologize. I just think trading should be easy. I like to keep things simple.
Hello Overnight,
You are back to lying on me again.
This is not true, I do not sell anyone anything through PMs.
I do not have anything to sell on PM.
Here is my PM screenshot just to show you are bullshitting around as usual.
Why would I want to waste my time selling trading services and stuff.
Sure thing dude, whatever you say. You lying sack of shit.
https://www.elitetrader.com/et/thre...skills-were-trash.377987/page-30#post-5918945
Here's a song for you, the sad-sack-of-shit liar you are...
The lyrics are over your head, and that makes me happy, because I am darned sure you will be the next user here to be banned, as I predicted long ago, for deceit.