Why does no one here give detailed trading advice?

Quote from showyouwang:

I forgot to add, that losing money is a rite of passage - also commonly referred to as tuition. Successful traders have all paid it, why would they give up the fruits of their labor to someone who is not willing to pay the costs?

Livermore himself has said that when you finally learn something, you should keep it a secret because it is yours and worth keeping secret.


Exactly.

I also like the part when Livermore/Lefèvre talk about when he is asked how to make easy money in the market. Its like asking a doctor or lawyer how to make easy money in medicine or law. That is why it is best to say, I don't know.
 
Quote from Anekdoten:

Your ability to read the market while reacting efficiently to price and protecting your capital at all times with the utmost discipline is the only grail in trading.

Anek

I keep snippets of notes, I have hundreds of them which I cut and paste into a spreadsheet or just write them down as I observe them.

One day I wish to automate my trading sometime, I thought your above quote was quite apt.

Anyhow, here is a quote I have as an addition:

'One key to trading is increasing awareness through proven rules and procedures, so in the event of something unexpected, we would have the correct discipline to make a conscious wise decision requiring action fed to us by our conditioning. Trading via our emotions and possible consequential knee jerk reactions play tricks on us which is not always in our best interest'.
 
Quote from hellothere:

I've been lurking for a while, and have noticed that none of the supposed successful traders here give any detailed advice on how to trade successfully. Occasionally some people will give vague hints, but that's useless for neophytes who need more specific instructions. One has to wonder if anyone here really is successful...

There are many threads here at ET where traders give specific and in-depth informtation how they trade and approach the markets.

There are others that give vague information.

However, both of the above is very common and currently there are many active threads about such.

Thus, the real question is why is it that you are not able to see such threads. :confused:

Unless the real issue is that what you've read either you don't like the information because it's not appropriate for your trading plan or information is too difficult for you to understand or you don't know how do proper research.

Something else I've noticed which doesn't make any sense...

You specifically said above in your quote that you've been lurking here for a while.

Yet, your registration and first post (this thread) is all in August 2008.

Simply, why did you feel the need to change alias just to make this thread along with the fact that you have not made a single reply. :confused:

I suspect you've spent too much time doing something here at ET in that when it came time for you to start asking questions with help with your trading...

You quickly figure that nobody is going to help you or take you seriously based upon your past posting habits.

Next time be careful of using ET for entertainment purposes only because when it comes time to find some real answers for your trading...

The response you get may be just entertainment.

Mark
 
Quote from hellothere:

I've been lurking for a while, and have noticed that none of the supposed successful traders here give any detailed advice on how to trade successfully. Occasionally some people will give vague hints, but that's useless for neophytes who need more specific instructions. One has to wonder if anyone here really is successful.

It's interesting to compare this site with sites that are devoted to getting women (as money and women are the 2 things that men want the most). Do a google search for "fast seduction" or "speed seduction" and you will find plenty of sites devoted to getting women. Many of these sites have extremely detailed instructions on how to get women. They tell you how to handle various situations, and even tell you exactly what words to say to a woman, and how and when you should engage in physical contact. They spell out a lot of what you need to say and do to get a woman. There are message boards too where people post about how they approached a woman and what they said and did. It's all a very supportive environment, as guys all try to help each other become more successful getting women.

But then on this site, it seems like the supposed successful traders just post smug and condescending comments towards the novices. Occasionally they might say something vague and pass it off as advice, but they don't offer anything specific that would actually be helpful. No wonder so many people say this site is just for entertainment purposes, no one is willing to share their knowledge to help other people learn.

If guys are willing to give specific and detailed instructions on how to pick up women, then why aren't they willing to do the same when it comes to trading? Guys probably want women a little more than they want money (and one of the reasons guys want money is because they think it will help them get women, but the opposite isn't true), so it seems like if they are willing to share their knowledge on how to pick up women, then they should also be willing to share their knowledge on trading. Is anyone here really a successful trader?



speed seduction works with NLP.

Will learning NLP improve my trading?

How best to learn NLP?

Thanks
 
Quote from osho67:

Will learning NLP improve my trading?

How best to learn NLP?

Thanks

Having a talented NLP practictioner work with you will help you master the psychology of trading (pulling the trigger, cutting losses, handling bad days).

Following The Swordsman's advice (page 1 of this post) will make you a better trader.
 
I've given advices and detailed instructions to novices. but does it help them make money? probably not.

bottom line --> I don't believe in training. It's all you:D
 
I am new to this site but I also frequent the Worden forum and Free Trading Videos.com and we all share very freely our knowledge and technique. You are right if someone is being vague than they are not real traders.
 
Quote from ApsII:

You are right if someone is being vague than they are not real traders.

lol, or maybe they're just not prepared to hand their strategy on a plate to some freeloader who contributes nothing!
 
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