Why do newbies lose?

[padutrader]

we all love easy money.
today i sold ES and thought it is so easy to make money.
the minute i sold i got 3 pips paper profit which flattered me even more...the market then went in the opposite direction for a long time.....it was lucky day because the trade eventually gave me 13 pips.
when ever the trade looks too easy it is a high probability trade which means relatively small profit which if you do not book it .....will go in the opposite way.

 

[SimpleMeLike]

simple context too......as explained by Brooks.

it will not make you a great trader but it may keep you from losing and give you time to learn......i agree there are market conditions that require a great deal of finesse.....markets will do anything to take your money

it takes some experience to know a 'good set up '

Hello padutrader,

Did you go to Flordia to see Brooks trade live in front of an audience of his students last year?

 

[semperfrosty]

Hello Overnight,

I never called any one ET a bad name in my life sir. I am always kind to everyone on ET, not sure where you get the word coward from. Why would I call someone on ET before I never met before a bad name or a coward? I do not know you guys and gals.

LOL, yes, I am in a real delicious treat trading big size ES contracts. Yes, I am.

Agree, no need for theme park tickets, become the theme of the park!

LaughingStockLand.

"The cringiest place on earth".

 

[padutrader]

Hello padutrader,

Did you go to Flordia to see Brooks trade live in front of an audience of his students last year?

in bangkok you can see live shows

 

[maxinger]

in bangkok you can see live shows

And they provide free licks on the boobs (tainted with drugs).