Tamaa, I'll admit to be a little absent-minded at times, but I don't ever recall being in an argument with you. Maybe our views may have been different, but I don't consider that an argument.
Keep in mind, when I do talk about the weeks of no losing trades, they are the exception. My total win-loss percentage is 85%, so you know I lose 3 out of every 20 trades. Weeks like that are more fun to talk about than losing weeks, like I had a few weeks ago (shhh).
Tamaa, define a methodology, stick to it, and it will not be "hopefully its going to be a good year". It will be a good year, if it's trading we are referring to.
Here's an idea: First, I'm glad you are enjoying my posts. I do try and make it entertaining, along with the real core of why we are here. Nevertheless, view the entertainment as window dressing.
What you want to do is find a trader you have the most respect for and confidence in. Latch on to that one, and see the world through his eyes. What will start happening is that things will evolve. You will plot your chart according to that methodology, but then you will begin to see things that become personal to you. Things, at that point, truly begin to develop. You will then base decisions, not on what someone said, because Tamaa said. It is a great feeling when you get to that point.
I'll give a couple of examples, and one will be personal. First, there are many respected traders in this forum, but let me use one of them as an example--Kavima.
She gives much credit to Timothy Morge for her personal development as a trader. The thing I've observed is that she has personally added a few spins from her own observations that has also benefited her.
Personally, I've done the same thing. My silent mentors has been "The Great One" (The phrase I coined for him.), Max McKegg, and the people at Action Forex. If you look at their methodologies and compare to mine, you will hardly notice a resemblance. This is because of the evolution of my methodology after learning from them.
Here's something even nicer, and you will feel good when you get to this point. In my development, I used to make my forecasts, then see if they agree with Max or AF. Now, I make my forecasts to see if they agree with me. Sounds conceited. No!!! It's a confidence all traders need to have.
In a way, I introduced you to the phaseology of trading.
Good reading? I'm glad. Bottom line: Take the steak and potatoes of this post, find your favorite trader, latch on for dear life, then later, you'll be checking to see if his forecasts agree with yours.
4xpipcounter: Its really refreshing dropping by the thread and reading once in a while, I can't avoid at times when you get caught in all that thinking then find your self trapped in a never ending argument with myself due to stress
dropping by the forum and reading is one way to clear my head and I do enjoy reading your posts
I hope that I could do the same thing trading a whole week with out a single lose
>.<
on a lighter note, I guess its official that our broker is the best broker in asia for 2012 as per World Finance UK (I think)
its kinda reassuring and hopefully its going to be a good year for all of us
