Vote: The best virtue in trading: Good things take time.

Success in Trading is all about Time.

  • Yes; That's my secret to success.

    Votes: 30 73.2%
  • No; I don't need that at all.

    Votes: 6 14.6%
  • Unsure; What exactly is that?

    Votes: 5 12.2%

  • Total voters
    41
Quote from jack hershey:

Wow.. just wait until you get to the behavioural part.

There is a fast track alternative to your experience.

The people who are or will be responding with the no answer, probably went the alternative route.

The subconscious is the larger part of the learning process and there are many proofs documented on this nowadays.

Since this is the case, it may be capitalized upon to fast track being very successful in a very short time.

One of the most profound examples is a guy in Vegas. One of the side effects of his trip is how he talks when he is looking at chats of the market either real time or canned.

About every 5 to 10 minutes he stops and takes a breath. He has just realized that he is talking at a pace that is extremely rapid and would defy an ordinary person understanding him. His lead programmer (Nick) is used to this in work sessions, and he "gets it" even though there is a significant filter in the space.
for this guy to be able to bring what is ordinarily unconscious into the space, the guy says it is like he is first hearing the words at the same time they become audible. He is very aware of this an his facial expression is much like that of an intent listener as he actually is the speaker.



Another by product of this level of operating is where you choose to narrate relative to the present. Once you are working with some other talented person(s), it is a very good idea to peg your narrative to a leading spot that gives the person time to steer himself to the pertinent part of the upcoming display. Then both of you can zoom into the detailed signals that are coming up.

The surfer/Spyder exchange is a good example in part. It was a remote (not in same room) connection that might have flown very well. The necessity to be on the same page, at least, wasn't met, however.


Wait, let me get it straight.... you are assuming that great minds think alike even though they are not interacting with each other??
 
rateesquad

BINGO. AGREED

Think back when you were learning to trade. (and in learning to trade i mean you were trading REAL money) and were not making any progress to become a winner. Though during this learning process you were not losing any significant amount of money aside from normal small losses and office, business costs.

NOT losing is what kept you moving forward, you decided to soldier on, you steeled yourself. You, in your heart knew you were close. You were learning from mistakes and your sublimable mind kept saying.......... "easier, try easier, less is more you read somewhere, brains only take you so far, sometimes backing up is better than going forward," etc, etc.
Quote from George Brett: "when i was coming up to bat in a clutch situation and i felt myself trying to strangle the bat with anxiety i told myself..........relax, relax george remember the basics just be ready when he gives you a good pitch" george then said: "i could feel my hands let up on ther bat and felt like i was ready for the job at hand"

Charting is not high math, it is a composit of the players actions in the mkt. You learn to predict how the players will react from their previous actions. MAN, it is never going to get easier than that WITHOUT Paul TUdor Jones or Stevie Porkchops calling you up first before they send in the programs.

It takes time, it gels like JELLO, it is fun.
 
Quote from rateesquad:

Wait, let me get it straight.... you are assuming that great minds think alike even though they are not interacting with each other??

No ..I never thought of that....

There are many ways to think while trading or think about trading.

Different strokes for different folks....

As a group of indivuals, each having terrific stuff, look at the same market, they are generally on the same effectiveness and efficiency levels for taking money out of the market during those times.
 
I totally agree ...

over time my edge makes me money

however ... I am humble to recognize that over time

my edge my disappear or my markets lose their
volatiliy or I might lose my eyesight

:p
 
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