Trading Thoughts of the Day

[Guest OILFXPRO]

“ Knowledge comes by taking things apart: analysis. But wisdom comes by putting things together. ”

 

Knowledge of technical anylyss is only 10 % of the trading skill , 90 % of the trading skill are mental skills of the trader.

[Guest OILFXPRO]

There is an old Wall Street adage: “Amateurs trade the opening, and pros trade the close.” Our findings validate that statement and also lend credibility to avoiding periods of higher market volatility.

[Guest OILFXPRO]

Dont lose money. If you dont know the facts, dont play. "I just wait until there is money around the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime." Jim Rogers

[Guest OILFXPRO]

Day traders are like fish for the big sharks , they have no muscle or meat to feed on , but get fed to the sharks .

[Guest OILFXPRO]

Be patient for the right trades , you will miss some winning trades but you will avoid more losing trades. Sit patiently and observe selling pressure or buy demand

[Guest OILFXPRO]

. Capital comes in two varieties: Mental and that which is in your pocket or account. Of the two types of capital, the mental is the more important and expensive of the two.Scalpers pay many more spreads and make brokers rich , they lose enormous amounts of mental capital by analysing noise and winds , they end up in a zoo of menatls.

[Guest OILFXPRO]

Be patient with winning trades; be enormously impatient with losing trades.

[Guest OILFXPRO]

Most trading educators are like slags , they only care about screwing new traders for money , beyond that point they have no interest in the student..Most of them failed at trading.

 

Prostitutes only care aboutyour money.That is the only thing which attracts them , not your dying trade account.These cleaners would rather clean it , before the market does.

[Guest OILFXPRO]

Capital comes in two varieties: Mental and that which is in your pocket or account. Of the two types of capital, the mental is the more important and expensive of the two. Poor trades and low probability trades lose enormous amounts of mental capital and time required for high probability trades.

[Guest OILFXPRO]

Poor trades cause losses and stress , it can debilitate traders and make them incapable of trading further.

[Guest OILFXPRO]

if traders follow idiots and failures and are educated by them to trade , they learn to become idiots and failutres.Learn from real traders , who can give you live trading education in a real market , learn how real traders trade.

[Ammeo 10]

My Trading thought of the day would be "Go into the trade u are most sure of even if it is giving out smaller returns than some of the other ones out there".

[Guest OILFXPRO]

Skilled traders do mental rehearsals for coming day , ahead of trading time , instead of blindly hitting mouse button on prices.

[Guest OILFXPRO]

Scalping is not worth the time or effort of paying attention to it, but none the less draws one in. It diverts mental energy from those few highly profitable trades .

[Guest OILFXPRO]

Only amateur idiots trade before news , professional trade after the news

[Guest OILFXPRO]

Most traders make pips , but most lose more than they make .They are net losers because of their mistakes.

Edited February 9, 2014 by OILFXPRO

[Guest OILFXPRO]

Poor trading entries , and losses therefrom , will result in loss of confidence to put on further trades.

[Guest OILFXPRO]

No trades today , means I won't feed my family ----------day trader

Trading profitably is about waiting for the day and moment , the market gives you a free lunch .

Dayt traders force trades to make profit and get eaten for lunch

[Guest OILFXPRO]

Forums are private internet sites with manipulated content , deleted threads , banned members and content manipulated to make the site owners rich .

 

The misinformation and poor knowledge on forums develops a misinformed mind , that uses garbage information in real time ,misinformation obtained from internet sites from trading failures and cluless traders.

 

keep away from them , except for LULZ

[Guest OILFXPRO]

Knowledge is power , it is not .

 

The skill of applying the knowledge is real power

[mehulsoni 10]

Trading is like MAZE game...

 

ENTRY point is easy... From where to EXIT is the most confusing ...

[nhn 10]

Every time I lost badly,it was because I violated at least one of my rules.

-David J.Merkel.

[ankita 10]

I always trade on one thought daily which is, always make good money market strategy and take a deep look on the pairs you are trading on.