What was the ***last*** thing you had to master before becoming profitable?

[ronblack]

Quote from cvds16:

I am still in the proces of searching a true intraday method suited to my personality ... some people might be interested in the thought process though: http://localsfoolsgold.blogspot.be/2013/11/weekend-update-in-search-of-personal.html

Buy some collocation. That will do it.

 

[cvds16]

 

[cvds16]

Trading Trivia: http://localsfoolsgold.blogspot.be/2013/12/daytrading-20131204-trading-trivia.html

 

[slapshot]

Quote from intradaybill:

I had to master how to turn off that TV for good and don't listen to talking heads any more.

+1

 

[tangentShot]

Knowing that all the strategies out there that you can have access to is fake.

 

[Windlesham1]

Quote from tangentShot:

Knowing that all the strategies out there that you can have access to is fake.

I would say all strategies have periods when they work, and knowing that they have stopped working is a very hard thing to understand.
I was helping a friend who had sold a system to a lot of people and it lost for 10 consecutive days- too much for most people and I think it was abandoned-but it had worked for quite a while.
If a system worked all the time even giving a 51% edge it would be algo traded

 

[Trader.Fighter]

Lot of the descriptions I have read I find to be quite basic, more like requirements to be a trader. In my case it was definitely upsizing.

 

[tangentShot]

Quote from Windlesham1:

I would say all strategies have periods when they work, and knowing that they have stopped working is a very hard thing to understand.
I was helping a friend who had sold a system to a lot of people and it lost for 10 consecutive days- too much for most people and I think it was abandoned-but it had worked for quite a while.
If a system worked all the time even giving a 51% edge it would be algo traded

If a strategy works in the summer but fails in the winter, it's probably worthless.

If someone wants to sell his strategies, they're probably worthless.

 

[Redneck]

Quote from Trader.Fighter:

Lot of the descriptions I have read I find to be quite basic, more like requirements to be a trader.




In my case it was definitely upsizing.

And all along…. I thought they taught how to add in grade school



Just funnin ya..., none of this basic - until....

RN

 

[Jay]

to answer the question from OP, I'd say it was my emotion management. I didn't master them, I mastered my management of me & them & trading. ....great question for a thread, seriously, it looks long, I plan to go thru all of it.