Why Is The Obvious Not So Obvious?

[ironchef]

I find it easier to make money than to keep them, I can average 90% win rate, the problem is with keeping them as the 10% come from black swans and you know what that could do to an account...

And I actually love swans, black and white.

 

[sle]

And I actually love swans, black and white.

I love swans too, but I seem to see an occasional gray goose much more frequently

 

[PedroWheeler]

Yes, it is a matter of education, but above all of common sense and vision.

 

[ironchef]

I love swans too, but I seem to see an occasional gray goose much more frequently

Those are good for roasting, a wonderful Christmas meal.

Merry Christmas.

 

[MrScalper]

I am even thinking about removing any element that indicates how much I am making/losing on a trade so that I can keep the focus on what is happening on the chart and not on how much I am winning/losing on the trade.

if you can do that you have finally arrived..but..i bet you any money by start of spring that you will still be looking at how much the trade is winning or losing..care to bet

 

[MrScalper]

Yes, it is a matter of education, but above all of common sense and vision.

not education..but experience.. education is flawed.. especially any education in relation to trading or investing..but it takes many years of winning and losing for the penny to finally drop..it is a fools game..and most really are foolish.. listening to young jumped up idiots talking out their arses

to make money..and more importantly..to hold on to it..requires nothing more than basic maths..adequate cash.. realization that 99% of people are clueless about making money trading or investing..and most importantly.. being in the right place..at the right TIME

 

[MrScalper]

a fool will see
what it not be
will not get tired
of being inspired

to see right thru
make sure its YOU
but if you fret
you will forget

the key it be
like busssy bee
for sight alone
will not condone

so clear the mind
be one of kind
and learn the art
of reading chart

 

[Vindago]

if you can do that you have finally arrived..but..i bet you any money by start of spring that you will still be looking at how much the trade is winning or losing..care to bet

I know you are probably right, as bad instinct will kick in all the time, but I will do my best to do what I know need to be done as much as possible, i.e. follow the process (chart) not the money.

it is incredible how our own ego get us screwed all the time!

 

[Vindago]

a fool will see
what it not be
will not get tired
of being inspired

to see right thru
make sure its YOU
but if you fret
you will forget

the key it be
like busssy bee
for sight alone
will not condone

so clear the mind
be one of kind
and learn the art
of reading chart

read the chart I can do, and well enough, I believe, but it is not enough as the correct action, as dictated by the chart, must follow.

 

[ironchef]

being in the right place..at the right TIME

i.e., I would rather be lucky than be good, I am lucky to be trading during the great 2009-17 bull market.....

But it takes discipline to take chips off the table and not be holding the bag when the music stops.