[sevensa]

Originally Posted by Tams »

there are 2 things that a successful trader must have, but not a requirement in most of the "professions".

the first requirement is a killer instinct...
you can be well educated and well read,
you can be rational and methodical,
you can be calculated and have all the bases covered,
but if you don't have a killer instinct,
you won't be able to pull the trigger at the opportune time.

If you have a well defined edge and know the probabilities, there is no need to have a killer instinct to pull the trigger. You are just executing your plan then and have no need for any kind of killer instinct; just the ability and discipline to follow your plan.

You said there are two requirements. What is the 2nd?

[Tams]

Originally Posted by sevensa »

If you have a well defined edge and know the probabilities, there is no need to have a killer instinct to pull the trigger. You are just executing your plan then and have no need for any kind of killer instinct; just the ability and discipline to follow your plan...

you can call it killer instinct,
you can call it discipline,
or you can call it cool-calm-execution...

call it whatever you may,
the name doesn't matter,

the fact is,
despite all the good intentions,
educations,
preparation,
calculation,
some people just cannot pull the trigger at opportune times...

be thankful if you can,
have pride in knowing that you are a selected few...




I will leave the 2nd one for people to chime in...

[JEHs]

Originally Posted by Tams »

you can call it killer instinct,
you can call it discipline,
or you can call it cool-calm-execution...

call it whatever you may,
the name doesn't matter,

the fact is,
despite all the good intentions,
educations,
preparation,
calculation,
some people just cannot pull the trigger at opportune times...

be thankful if you can,
have pride in knowing that you are a selected few...




I will leave the 2nd one for people to chime in...

Pulling the trigger isn't the problem for most of us, I'm guessing, so it must be the "other thing".
I am on the edge of my seat now... this could be just the nugget of information we have all been waiting for all these years that will put us over the edge...


Good times...

[Tams]

Originally Posted by JEHs »

Pulling the trigger isn't the problem for most of us, I'm guessing, so it must be the "other thing".
I am on the edge of my seat now... this could be just the nugget of information we have all been waiting for all these years that will put us over the edge...


Good times...

pulling the trigger is easy,
pulling the trigger at opportune time is a different story.

;-)

[JEHs]

Originally Posted by Tams »

pulling the trigger is easy,
pulling the trigger at opportune time is a different story.

;-)

Ahh... it's all clear to me now...pull the trigger at the right time...
I'm going to try that and see how it works. I noticed when I pulled it at the wrong time, things didn't go so well, but I wasn't quite sure what to do with that information.
...so, I have to pull it at the right time....the light bulb comes on...

Is that the 2nd thing, or is that just sort of building on the first thing?



Sorry, for some reason this just struck me as funny. The long winter nights are setting in and I had my two beer Sunday night a little early. I'll try to keep quiet now.

[clippercityify]

Vikkktor,

As you get your feet wet, you probably wouldn't know what's good to buy and what's not -- in trading / learning services. So finding free resources is great idea -- just the process of finding should be a learning experience. freestockcharts.com mentioned has streaming charts. But getting a demo account for what you want to trade, where you could practice different strategies without the money involved would probably be a good place to start.

Good luck!

[vikkktor]

Thanks guys. I'm learning alot.

[Gulam]

Get the RIGHT education and focus on risk managment, thats they key!