Week 4

[hokshila 10]

Torero, I don't mean to sound discouraging, but let me tell you, it wasn't easy

at all.

 

I've been studying like a madman 24/7/365 for several years in a row, non

stop and I had my good share of bad trading experiences, but

somehow, I managed to survive.

 

As they say, "the master appears when the student is ready" and not the other

way around. In this case, I knew exactly what I was looking for, and surprise

... I found it!

 

There's a lot of wisdom in Texx and Buk's posts and this thread is very lucky to

have them around.

 

As Anna-Maria wrote "This game is all about stacking the odds in your favor as

often as possible."

Something else, I love their writing style, truly classy, meaningful and well

constructed as their trading style. Not to mention their kind commitment to help

others in here.

 

As you write, now it's your turn to learn the rest of the stuff. Time well spent

to say the least.

 

 

Do it! Do it! Do it!

[torero 10]

Well, you make it look easy. But glad to see things are paying off your hard work, "people get exactly what they deserve", as I always say, especially true in trading. I'm learning little by little so I'm getting there.

[Buk 10]

There's a lot of wisdom in Texx and Buk's posts and this thread is very lucky to have them around.

 

 

I wouldn't quite go that far!.....unfortunately we don't know all the answers, & there are plenty of questions we still ask on a regular basis LOL......

 

we're just like everyone else out there, doing our damndest to stay out of trouble & dodge the bullets......the market slaps us like it does most folks on a regular basis....we drop trades, leg into dud moves & scratch our heads now & again........

 

difference being, these day's the slip ups don't cost us nearly as much financially or emotionally!!

 

we continue to obey a few common sense rules & stay on our toes as much as possible: keep your size well in proportion to your equity, never ever average into a losing position, get the hell out as soon as your strat/signals begin to turn red & always obey your risk parameters & emergency stop protectors...........

 

most of it is down to common sense.....sure, experience & previous (similar) occurances flag up warning signs - but that comes with repetative familiarization of your instruments ect.........

 

I guess the main ingredient is to remain flexible to change! the markets are constantly evolving, & you have to evolve with them....that means your strategies & views require constant monitoring.......no time to stand & admire the scenary in this business.......stand still long enough & you get your ass stomped!