Why are people so secretive here?
- Thread starter pclark
- Start date
I have pretty much retired from posting on ET with regard to trading because the trading threads by and large are moribund for one reason and that is the notion of acceptable risk.
Most ETers will proclaim that they know and understand risk while simultaneously discussing and defending trivial aspects such as scaling, indicators, price action etc etc.
This pattern of behaviour does not make any sense and it comes about because the desire to avoid financial risk is so deeply embedded, that the host is unaware that they are indeed the carrier.
It is the sole reason for the existence of this thread and so many more just like this one.
You may say to yourself "but I whitewater raft or sky dive".
This is not the same thing.
Some may say that trading is all about greed and fear.
But greed is one face of fear and so in one stroke a noobie enters the lion cage without any notion of risk and therefore protection.
No wonder people become paralysed and vent their frustrations and self pity on ET.
If you really want to unlock the secret to trading profitably on a continual basis you must first unlock the secret to risk.
One guess as to where you will find the answer.
regards
f9
Most ETers will proclaim that they know and understand risk while simultaneously discussing and defending trivial aspects such as scaling, indicators, price action etc etc.
This pattern of behaviour does not make any sense and it comes about because the desire to avoid financial risk is so deeply embedded, that the host is unaware that they are indeed the carrier.
It is the sole reason for the existence of this thread and so many more just like this one.
You may say to yourself "but I whitewater raft or sky dive".
This is not the same thing.
Some may say that trading is all about greed and fear.
But greed is one face of fear and so in one stroke a noobie enters the lion cage without any notion of risk and therefore protection.
No wonder people become paralysed and vent their frustrations and self pity on ET.
If you really want to unlock the secret to trading profitably on a continual basis you must first unlock the secret to risk.
One guess as to where you will find the answer.
regards
f9
And that is the reason why so many people spend thousands of dollars and thousands of hours trying to work around a problem that they may or may not be aware of.
All the time seeking anything that will enable them to trade profitably and consistently without having to look in the mirror.
If they fall over something and it hurts then they immediately discard it.
A classic thread a while ago was a discussion concerning "no losing days"
I can remember reading that it cannot be done and yet the same Poster agreed that the market is fractal by nature
regards
f9
the number of pages has about doubled since I wrote this, and I dont think anyone has done anything except prove my point.
Like the OP, I once worked in tech also. I clearly remember one contractor in our shop, that I asked to do one tiny task (5 minutes tops) that was his responsibility. If I'd had access to that system, I'd have done it myself. He said he didn't have time, but then wanted to go on and on telling me about his whole week, and I just cut him off saying 'I'm pressed for time as well'
He could have easily done it in the time he spent telling me why he didnt have time.
In tech, those guys existed, but they were the exception.
Here, they are the rule
(I'm not suggesting that helping here is a responsibility, but the principal of going to a lot of trouble to tell someone in extreme length why you wont help, certainly does)
Could you please list the benefits that one would have for disclosing his/her winning strategy here on ET? What possible gain would I have teaching someone how to make reliable money? I perceive this entire site as a great source of entertainment, nothing more, nothing less. This forum is just one great place to kill the boredom while waiting for a trade.
Cheers,
Keep smiling!
Cheers,
Keep smiling!