Experience as a trader
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Thread: Experience as a trader

  1. #1
    I am starting a thread to talk about my experience as a trader along with anyone else want to talk about their experience. Human nature is to pass knowledge into each other, and sometimes - something useful can be found in a style that someone adapted or made in trading. I will be talking about my experiences as a trader, and doing metaphor to assist link it to things that we know and do regular to show that trading isn't any different then a lot of our daily behaviours. I expect people will find value and help bring about it. Back in the day when you said Hi and came on FF, I am new where do I begin. . People would say read Market Wizards. . Read the others books I can't remember on top of my mind, but this novels had interviews with traders that became successful in all sorts of markets. They shared their own experiences, about how they felt in vivid ways , what they did, and also the journey. Obtaining from beginning destination is not just going from point A to B its about the journey their. Everybody brings a level of experience to your table and that I did so, getting it directly and just to I have been doing it for some time. Without delays, I'll Be contributing to the thread for hopefully a long while, I am one of those tacky things that sticks around

  2. #2
    There's no right or wrong in trading plogy method or MM.

    We are all different and therefore are tuned rather differently to perform an identical task, earning money in Forex.

    I've blown countless accounts since 2008 where it all started, dive into various EA, coding, MM, trading methods.

    Two things I learn so far,

    1) Never believe you know where the market moves. We are not a mere droplet in the ocean. Go for it, if you're able to see movement that is strong. Personally, I do not go for all those hundred pips transactions within months or days. I normally follow and trade whatever PA informs me .

    2) When to finish a trade or discontinue trading. I am sure so frequently we curse once we take profit and the PA continues another 40-60%. Or when we are on a run and believe today is the day we conquer the market and ended up dropping (gaming in casino). Just take every TP as a proof and wait for another opportunity, sames goes for every trade.

    Trading plogy as well as financial stability plays a BIG BIG part to succeed. It eats into you with each losing trade if you're trading with cash you can't afford to lose.

    My suggestion is to take it slowly and have a plan what you want to accomplish and time frame to attain it.

    Today, I am taking profit from the market but I am still doing a day job since I've yet to achieve enough funds and conquer my own plogical weakness. It is importantly to know both weakness and your strength to make it.

    However little a step you make, you have to keep moving forward.

  3. #3
    Quote Originally Posted by ;
    quote Fascinating video, thanks. This trader also appears on the Million Dollar Traders videos. Here is part 1:
    the largest surprise over the videos was that they still using mobiles to call in their orders which appears so inefficient for a hedge fund company. Say market is spiraling out of control that is time to call broker confirm and have them execute. . This guys are phoning in, while doing HFT? What they re-enacting the 80's lol.

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