tips for become a good trader?
- Thread starter Mauwebluefinger
- Start date
Sometimes the best trading is "sitting on your hand", -by Jesse Livermore.
Try to find someone who currently makes a living doing what you are trying to do. Not being able to find one may be a bad sign.
Found one? See if they will chat with you, for starters.
What worked a long time ago often does not work now.
Most gurus-for-hire are hustlers who used to win or who never did.
There is a lot of lying and delusional thinking swirling around trading.
Remember that networking with believable people is important in most areas of life.
Be skeptical and listen well, especially to smart people who see things differently than you.
Found one? See if they will chat with you, for starters.
What worked a long time ago often does not work now.
Most gurus-for-hire are hustlers who used to win or who never did.
There is a lot of lying and delusional thinking swirling around trading.
Remember that networking with believable people is important in most areas of life.
Be skeptical and listen well, especially to smart people who see things differently than you.
Money/ position management of risk is key. Since it is a 50/50 (besides costs) one should be able to constantly trade and break even. Then all you need is a slight edge to put you above 51% win rate.
i came here to be a good trader but now i realize its not an easy issue that can be done with very short time , need a very good patience with a a cool mind always. by the way , very new i am in this community. i think you guys welcome me. thanks.
Welcome to this forum asw a new forex trader , so many senior traders and advisors are available in there, i hope you always enjoy from here.
Yes, the forum is actually quite interesting. It is very interesting to communicate with colleagues.