The opening section in the final chapter in Schwager's book on The New Market Wizard.
Traits of Elite Traders: What Sets Them Apart?
- Thread starter ninZa.co
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Hello ironchef,
Have no clue on earth who Schwager is and I do not know of the book call The New Market Wizard.
I never read a trading book in my life and I never ever will read a trading book in my life and I take money from the ES futures market every single day of the week.
I can only speak for myself when I say this, but reading trading book is a waste of my time, honestly. I can be playing call of duty.
Like, just sounds very stupid reading a damn book on trading. lol, like obviously the author is scamming.
What the heck can a trading book teach me? Trading is super easy.
Hello ironchef,
Trading ES futures everyday is free money sir.
No need to make my life complicated writing a book on trading. sounds like too much work.
Only scammers and liars write trading books, because they can not trade and make millions of dollars trading, so they sell lies in trading books.
Hello themickey,
So why would I waste my precious time reading Zen and the Art of Trading website, course, or book, if the author does not make money in the ES futures market and can not prove it to me??
That is time I can be trading or playing Call of Duty or watching a good Netflix movie or walking the dogs or going hunting for deer and hogs or going talking to great looking ladies trying to have alot of sex with them.
And the author is a Liar and Scammer. Not sure why you folks gives books recommendation from people who do not make alot of money trading. That is crazy to me.
Makes no sense reading trading books, waste of time.
Your original question wasn't about reading a book on Zen, it was asking what it was.
I gather from the way you trade from your brief descriptions, you are trading in the zone of Zen, you prolly know more about Zen trading than us TA slaves and Algo slaves and Indicator slaves and Trading plan slaves and "How the fukk do you do it" slaves.
Hello themickey,Your original question wasn't about reading a book on Zen, it was asking what it was.
I gather from the way you trade from your brief descriptions, you are trading in the zone of Zen, you prolly know more about Zen trading than us TA slaves and Algo slaves and Indicator slaves and Trading plan slaves and "How the fukk do you do it" slaves.
What does zone of Zen mean?
Hey Mickey, how has your research going in a fresh look at the fibs? I am referring to the thread you started on fibs awhile back.
Trading in the Zen zone.
The Zen Zone from what I can gather is trading naturally, by instinct by intuition.
SML You are probably the only person on ET who is not familiar with Schwager and his two books. You give counsel without knowledge when you run him into the ground with your comments. The books are an interesting read and each chapter is about mostly successful traders and their approach to the markets and the ups and downs in their trading experience.
Yeah, Fibs I looked into, spent a few weeks looking at it and created my own notes and spreadsheet.
Basically the conclusion I came to; highly subjective, very hit and miss. Its a bit like what I see on ET where a guy will post a chart of numerous trend lines, they nearly all hit price at some stage and it looks obvious in hindsight, but nigh impossible to trade in foresight, without incurring large amount of losses.
I look at things like Gann, EW, Fibs etc and they have something in common, complicated, subjective but look obvious in hindsight.
I'm not a believer in trading repeating itself via spirals, moon phases, magic numbers, magic repeatable sequences.
I've devised a much simpler system which works, I suspect institutions use, as there are nearly always strong reactions at my calculated levels.
When there is no reaction at the level, nearly always false breakout.
Mentioned in a prior post, finding something simple which works is very difficult.
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