Yoohoo's guide to becoming a great trader
- Thread starter yoohoo
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Quote from yoohoo:
OK, mindtrade I'll do that but it would greatly help yourself if first you read up on some of the threads I was active in. That way you'll recognize the set ups and not think I am transferring feelings
(Sorry TSG, couldn't resist that)
Already started
It will take me awhile to get through. I love it when I see a thread like this where I see a poster has valuable experience and information I can learn from. Then I usually search for their previous posts.
I am fairly new to ET so I have missed a lot of great info from past years.
Tons of great information on this site when you weed out the crap!
Some of you are asking where you can find my posts. Try these threads for starters...
ET Experts...can you complete my chart? Lets see which expert can complete my chart
Intraday FX Player
Trading the moon
The moon thread was mine, the other two I joined. You'll find loads on set ups and how to read the market. If you get something from it return here and go through the 5 Keys and you will be well on your way to developing your own edge.
It's one thing to talk about needing an edge. It is another world to develop an edge and quite another to be able to help traders develop theirs.
ET Experts...can you complete my chart? Lets see which expert can complete my chart
Intraday FX Player
Trading the moon
The moon thread was mine, the other two I joined. You'll find loads on set ups and how to read the market. If you get something from it return here and go through the 5 Keys and you will be well on your way to developing your own edge.
It's one thing to talk about needing an edge. It is another world to develop an edge and quite another to be able to help traders develop theirs.
This thread has turned out to be an excellent example of the 2nd Key...
2. CONSTRUCT A DREAM OF HOW YOU WANT TO TRADE
· Itâs a lonely walk, a personal journey of discovery about yourself as much as the market behaviour
· Everyone has advice to give, the successful and even the perpetual failures. Ignore all and follow your own path.
· Itâs your dream, your perception, how your eye perceives structure, movement, speed, time, size and colour. Trust yourself.
· As you study your journal by investigating price movements, you will begin to favour a time frame and a style.
· Do not allow anyone to tell you what you must, or must not do. What is impossible for one is the best way for another.
· As your dream begins to take form learn all you can to answer every question you ask of yourself
· INO TV.com can be a good resource. Cheaper than books and you can have it play as you watch the charts
· Know this: everything works! But mastering a few of the hundreds of tools requires extreme dedication
· Ignore all who want to argue to convince you they know best. Those who know are at peace.
· Use at least two monitors and three different time frames, but in time increase both of these
· There are no impossibilities, but reaching great heights require great investments of time and effort
Youâll never have to go looking for fraudster traders â they will come looking for you. That makes ET both a good training ground and minefield because such as life is, you get the doâers and the dreamers here. If you want to learn anything itâs important early on that you distinguish those who are ready to offer instant proof from those who panic like a vampire seeing the sunrise when asked to put their money where their mouth is.
Fraudsters come in two main categories: I call them the ugly sisters because they are related by being at the extremes of opposite poles. One says you can do 6 X Daily ATR and never have a losing trade using TA and the other says TA is crap and doesnât work. Both read books and studies and drew conclusions. At least the former is based on ideas that work to some extent but the latter is devoid of any creative thought process preferring to quote what others have failed to do and acting as PR for the failures.
If you believe anyone who canât offer a live demonstration then you deserve to end up where they really are at. Scared of making a call. One call. Unable to go into a thread and say hereâs me doing it now. And when you poke this nerve you get big bold capital letters diverting attention from their fear of offering a constructive example.
I donât want to make you a clone of me. I want you to be creative and able to think for yourself and discover your trading edge on your market in your time frame. And when you do you pay it forward and give some other struggling trader a leg up. While youâre at it, clip a few wings of the high flying frauds and ask them to show one trade LOL.
2. CONSTRUCT A DREAM OF HOW YOU WANT TO TRADE
· Itâs a lonely walk, a personal journey of discovery about yourself as much as the market behaviour
· Everyone has advice to give, the successful and even the perpetual failures. Ignore all and follow your own path.
· Itâs your dream, your perception, how your eye perceives structure, movement, speed, time, size and colour. Trust yourself.
· As you study your journal by investigating price movements, you will begin to favour a time frame and a style.
· Do not allow anyone to tell you what you must, or must not do. What is impossible for one is the best way for another.
· As your dream begins to take form learn all you can to answer every question you ask of yourself
· INO TV.com can be a good resource. Cheaper than books and you can have it play as you watch the charts
· Know this: everything works! But mastering a few of the hundreds of tools requires extreme dedication
· Ignore all who want to argue to convince you they know best. Those who know are at peace.
· Use at least two monitors and three different time frames, but in time increase both of these
· There are no impossibilities, but reaching great heights require great investments of time and effort
Youâll never have to go looking for fraudster traders â they will come looking for you. That makes ET both a good training ground and minefield because such as life is, you get the doâers and the dreamers here. If you want to learn anything itâs important early on that you distinguish those who are ready to offer instant proof from those who panic like a vampire seeing the sunrise when asked to put their money where their mouth is.
Fraudsters come in two main categories: I call them the ugly sisters because they are related by being at the extremes of opposite poles. One says you can do 6 X Daily ATR and never have a losing trade using TA and the other says TA is crap and doesnât work. Both read books and studies and drew conclusions. At least the former is based on ideas that work to some extent but the latter is devoid of any creative thought process preferring to quote what others have failed to do and acting as PR for the failures.
If you believe anyone who canât offer a live demonstration then you deserve to end up where they really are at. Scared of making a call. One call. Unable to go into a thread and say hereâs me doing it now. And when you poke this nerve you get big bold capital letters diverting attention from their fear of offering a constructive example.
I donât want to make you a clone of me. I want you to be creative and able to think for yourself and discover your trading edge on your market in your time frame. And when you do you pay it forward and give some other struggling trader a leg up. While youâre at it, clip a few wings of the high flying frauds and ask them to show one trade LOL.
Don't try to be a smart arse...you are not too good at that either....I have actually helped others I got to know at ET, whom I consider to be very good and profitable traders...
You really are behaving like the "Emperor without clothes"...you need to leave this thread and chase the real scammers...you are good at that...
Quote from Now is Now:
Don't try to be a smart arse...you are not too good at that either....I have actually helped others I got to know at ET, whom I consider to be very good and profitable traders...
You really are behaving like the "Emperor without clothes"...you need to leave this thread and chase the real scammers...you are good at that...
maybe this will help you. You read what is not there
Your posts have a lot in common with Hershey...
You claim to be a great trader, and keep changing the subject when given the opportunity to so demonstrate
Mr. yahoo,
Your preacher like rantings, cult gathering type prose is classic!!
Please answer:
What do you SELL to Traders??
Keep up the humour, thanks!
Your preacher like rantings, cult gathering type prose is classic!!
Please answer:
What do you SELL to Traders??
Keep up the humour, thanks!
2 hours into the day and TraderZombie has posted in 14 threads with 23 posts.
If I was employing a trader like this I'd sack him. How can anyone read so many threads and make so many posts and claim to know anything about the markets or trading.
No real time feed. Can't post a trade. Mum feeding cupcakes n' coffee.
Sacred to show one set up in real time.
One of the guys called you a coward but you're not even in the ring to be a coward. You have an inferiority complex that demands you continually post about how full of trading discernment you are.
What a bluffer. Thousands and thousands of posts in hundreds and hundreds of threads pretending you have an edge.
Come on you demented chicken. Show how you'd take one trade. Just one.
If I was employing a trader like this I'd sack him. How can anyone read so many threads and make so many posts and claim to know anything about the markets or trading.
No real time feed. Can't post a trade. Mum feeding cupcakes n' coffee.
Sacred to show one set up in real time.
One of the guys called you a coward but you're not even in the ring to be a coward. You have an inferiority complex that demands you continually post about how full of trading discernment you are.
What a bluffer. Thousands and thousands of posts in hundreds and hundreds of threads pretending you have an edge.
Come on you demented chicken. Show how you'd take one trade. Just one.
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