Why do 5% of Traders Win?
- Thread starter oldtime
- Start date
No , because you have to work harder to maintain an edge .The next addition to my edge is a sophisticated money management system , it beats the market all the time.I even created a sophisticated database for it , and formulae that ensure all my losses are recovered without increasing the draw downs of the combined portfolio of systems.
Systems as taught will fail and can , but then one has to get smarter and find other edges.Multiple systems portfolio run simultaneously can make a difference.
You have proven yourself to me oil.
Gentlemen, you seem to make complex things look easy and easy things look complex.
Successful trading is not about the complexity of trading routine, databases, multiple strategies et cetera, it's about discipline and focus on the simple routine. Same primitive stuff day after day after day, until you know it like your own palm. No, better than that! Better than anyone on this planet!
This is much more similar to sports than to a science. Are boxing rules complex to understand and learn? No. Is it very hard to become a champion? Yes.
What is the difference between champion or at least professional and a guy watching him on TV fighting with other scary dudes and getting millions of dollars in prizes? Dedication and practice! A lot of practice.
Be perfect! Become perfect or die. That's the only path to success in any area.
Successful trading is not about the complexity of trading routine, databases, multiple strategies et cetera, it's about discipline and focus on the simple routine. Same primitive stuff day after day after day, until you know it like your own palm. No, better than that! Better than anyone on this planet!
This is much more similar to sports than to a science. Are boxing rules complex to understand and learn? No. Is it very hard to become a champion? Yes.
What is the difference between champion or at least professional and a guy watching him on TV fighting with other scary dudes and getting millions of dollars in prizes? Dedication and practice! A lot of practice.
Be perfect! Become perfect or die. That's the only path to success in any area.
Quote from cornixforex:
Gentlemen, you seem to make complex things look easy and easy things look complex.
Successful trading is not about the complexity of trading routine, databases, multiple strategies et cetera, it's about discipline and focus on the simple routine. Same primitive stuff day after day after day, until you know it like your own palm. No, better than that! Better than anyone on this planet!
This is much more similar to sports than to a science. Are boxing rules complex to understand and learn? No. Is it very hard to become a champion? Yes.
What is the difference between champion or at least professional and a guy watching him on TV fighting with other scary dudes and getting millions of dollars in prizes? Dedication and practice! A lot of practice.
Be perfect! Become perfect or die. That's the only path to success in any area.
Yeah , I tried in last 10 re-incarnations to become like Muhhamd Ali.It don't work .
Maybe next life.
I ask god to give vision to see future ,like all of you on E T.
