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| Market Analysis Fundamental outlook, intermarket analysis, and general market discussion. |
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Re: What is the Holy Grail to you?
What's important for me?
Discipline in persisting in below: I will accept a job I enjoy in it - am good at it - people are looking for my service - I'm of help. I can enter in a gambling site or whatever, maybe even win a lot, but I found that this make me nervous and I lost all my money there anyway. It is just a good feeling when you come to the point when your work has some sense to others also. Last edited by modric; 09-28-2006 at 06:33 AM. |
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Re: What is the Holy Grail to you?
Hi my first post here.
I think it is having belief in your work, Have a plan and trade the plan. Know where the entry and exits are. Being consistent in your trading and money management. Know the timeframe that you are comfortable in undertaking. rgds Zarif |
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Re: What is the Holy Grail to you?
I agree. Without beleiving in yourself, one will find it hard to even follow his trading plan. You will have days where your setups may not work. But by believing in your methodology you are able to take the next setup. You believe that the probabilities will work in your favor.
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Re: What is the Holy Grail to you?
"Know thyself" is the holy grail. If you have no clue as to who you are, what your strengths and weaknesses and natural tendencies are, what your true beliefs about money and competition, then trading will present many uncomfortable situations in which the reflection of your true self will be shown.
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Re: What is the Holy Grail to you?
just keep putting the shoulder down and plowing ahead, detached from outcomes, using these outcomes as knowledge stepping stones; wisdom takes effort and usually more than we want, inorder to be able to sign for the package containing the Holy Grail. Just keep biting the apple with some mojo or the nojo will get ya.
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Re: What is the Holy Grail to you?
__________________
"It's against human nature to succeed in the markets"-- Newbie Trader Lounge Last edited by torero; 11-07-2006 at 03:43 PM. |
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Re: What is the Holy Grail to you?
FLEXIBILITY:
that's the key to everything in this business. If you can't or won't bend & flow with the markets (whichever instrument base you execute from), you're a sitting duck. you can possess the best strat, mm strike, risk model & discipline template out there - but if you're unable to catch the changing trade winds, those edges or advantages will dissipate. |
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Re: What is the Holy Grail to you?
agreed. recognizing a changing is tough even for veterans sometimes. And once recognized, you have to have the ability to do a 180 degree turn on a dime when it's time. that's difficult too. That requires a lot of mental preparation.
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"It's against human nature to succeed in the markets"-- Newbie Trader Lounge |
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