Diary of a day trader - Part 2
- Thread starter soft_trader
- Start date
I am sorry to quote this, "waste of time and boring to go to every page"! This mentality itself is a clear signal that you want to make quick money without learning. I could be wrong!
The chat page itself is a tool for lazy people to read what others are doing and copy the trades instead of understanding why those trades were taken. Moreover during market hours, when you get a tip like that, you will not be bothered to understand why that tip was given, because your money is already at stake. You will then and there lose the advantage of learning and keep reading the chat messages for a signal that will tell you when to exit!!!
On the other hands, when you read the posts, the post would have reached you sometimes hours after a signal was given. You will then try to understand why that trade was done, and apply the same learning to your next trades instead of the existing trades of that post. Who knows if you are lucky, you might get to enter at a better rate after reading the post too!!!!
The chat page itself is a tool for lazy people to read what others are doing and copy the trades instead of understanding why those trades were taken. Moreover during market hours, when you get a tip like that, you will not be bothered to understand why that tip was given, because your money is already at stake. You will then and there lose the advantage of learning and keep reading the chat messages for a signal that will tell you when to exit!!!
On the other hands, when you read the posts, the post would have reached you sometimes hours after a signal was given. You will then try to understand why that trade was done, and apply the same learning to your next trades instead of the existing trades of that post. Who knows if you are lucky, you might get to enter at a better rate after reading the post too!!!!
Buddy i wont comment much about your post you clearly talk before you think otherwise you would have researched a bit, anyways you need to improve your vocabulary skills and understand context here waste of time and boring means managing time efficiently by having one place where all can contribute and also keep their journals , am not asking people to leave thier journals.
People jumping to conclusions without assembling data first in my opinion are very bad traders. as far as quick money is concerned there is a nice saying the quicker it comes the more quicker it goes.
My vocabulary skills are good! My intention of picking those words were also correct, because not many would read the concept in the same way as you had just explained. Since you explained it properly, I heard it!:thumb:
I wanted to highlight the consequences of starting a chat room!! You might start a room with a good intention, but I see this as an opportunity for traders to make quick money instead of learning, and make huge losses later!! And instead of learning from their mistakes, they curse you for their mistakes!!!
Since we both said the same thing, I rest this case with an understanding that my message has been heard. Thanks! :thumb:
I wanted to highlight the consequences of starting a chat room!! You might start a room with a good intention, but I see this as an opportunity for traders to make quick money instead of learning, and make huge losses later!! And instead of learning from their mistakes, they curse you for their mistakes!!!
Since we both said the same thing, I rest this case with an understanding that my message has been heard. Thanks! :thumb:
| Thread starter | Similar threads | Forum | Replies | Date |
|---|---|---|---|---|
| R | Orderflow Trader's Scalping Trade Diary | Advanced Trading Strategies | 11 | |
| R | Part Time Day Trader's Diary | Futures | 1 | |
| R | Diary of a Trend Trader(Ichimoku Kinko Hio System) | Trading Diary | 15 | |
|
Diary of a ambitious trader | Trading Diary | 15 | |
|
1 Lakh to 6 Lakh - Tamil Trader Crude Oil Trading Diary | Energy | 230 |