What is the "MORE" that is needed from the soul of the aspiring Trader.

[Scataphagos]

If everybody were logical there would be no winners...(or losers)

Shouldn't waste your energy worrying about "everybody". YOU be logical and disciplined. The rest will figure it out eventually (or not).

 

[destriero]

How about a PM from TraderEX? First week in August we meet and after some PM"S not your in the big time. I seem to be good for things say as well. When you post things that i recently shared with, please use other terminology. As I go through the new posts, i see a topic, and then realize it's every word I said...like, the 10,000 hours statement that I posted weeks ago... and I started looking at the NASDAQ...tradovate in the title..

It is a compliment to be mimicked but I cannot learn from myself.

Other than that, the gauntlet?

EX

So much win.

 

[southall]

As an aspiring trader you need to be willing and able to handle MORE losses at that stage of your trading career.

 

[Handle123]

"Soul" has nothing to do with it.

What's needed is...

#1, LOGIC. Research and deduction to identify the "high probability plays".

...
KISS, baby.

Do you think "LOGIC" is different for those who not put together months of being profitable as opposed to a seasoned trader? People who pay to do the TST or Gauntlet lack funds to have a trading account? Those that not done enough back testing and wing it, cause they say they learning what not to do because of one day of trading, I don't see the logics. Tough enough to trade, but think of having journal and keep posting all the time is wrong approach, more time in back testing and refining than posting.

But I agree with you that logics is needed, but all are different.

 

[Scataphagos]

Do you think "LOGIC" is different for those who not put together months of being profitable as opposed to a seasoned trader? People who pay to do the TST or Gauntlet lack funds to have a trading account? Those that not done enough back testing and wing it, cause they say they learning what not to do because of one day of trading, I don't see the logics. Tough enough to trade, but think of having journal and keep posting all the time is wrong approach, more time in back testing and refining than posting.

But I agree with you that logics is needed, but all are different.

Difficult to pin down an exact definition of logic. (Can be explained a bit differenently in various applications, such as mathematics, law or other.) As it applies to trading the markets, my thumbnail KISS explanation of it is about... "If _____, then ____". The "why" of it is the logic.

One of my favorite all-time quotes is from the fictional Sherlock Holmes. When asked, "just what is it that you do, Mr. Holmes"? He replied, "I observe and deduce". (And let's not forget the gem from Yogi Berra... "You can observe a lot just by watching". )

And then there's Mr Spock... "When you have eliminated all other possibilities what remains, regardless of how seemingly improbable, must be the truth". Trading is much about that process.

If you're figuring it out on your own, one probably needs to see a lot of data and spend significant time cogitating over it.... as you well know.