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Old 07-02-2010, 01:05 PM   #1

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I'm Done...

Well, after 18 months of researching, demo trading, live trading, webinars, trading groups, books, magazines, I have finally decided to throw in the towel. I hate giving up, but I have a family to support and this just ain't workin', so back to looking for another 9-5 hum drum job - oh well. Good luck to everyone...
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Old 07-02-2010, 01:51 PM   #2

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Re: I'm Done...

No problem man. Some folks just never learn the right way. Some just dont have the emotional control and discipline. Good luck with your future endeavors.

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Old 07-02-2010, 02:08 PM   #3

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Re: I'm Done...

Quote:
Originally Posted by markl67 »
Well, after 18 months of researching, demo trading, live trading, webinars, trading groups, books, magazines, I have finally decided to throw in the towel. I hate giving up, but I have a family to support and this just ain't workin', so back to looking for another 9-5 hum drum job - oh well. Good luck to everyone...
give this a read in your spare time,
you might learn something different.
ps. this is not a fast acting aspirin, the pain won't go away overnight;
this knowledge will take at least 24 months+ to learn.
http://www.traderslaboratory.com/for...ship-6320.html
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Old 07-02-2010, 02:28 PM   #4

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Re: I'm Done...

Really Tams? You are going to torture the guy w/ that stuff? Wow, that's not nice at all.

What did he do to you?
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Old 07-02-2010, 02:43 PM   #5

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Re: I'm Done...

Quote:
Originally Posted by brownsfan019 »
Really Tams? You are going to torture the guy w/ that stuff? Wow, that's not nice at all.

What did he do to you?
look who's talking !!!
...someone who pretends to be a holy-than-thou "price action" trader in the front,
but secretly tries to buy an indicator behind the scene... LOL

and you had the gall to bad mouth the guy when he won't sell you his indicator... !?!?!

ROTFLMAO
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Old 07-02-2010, 03:45 PM   #6

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Re: I'm Done...

which indi? maybe i can reverse it.
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Old 07-02-2010, 04:49 PM   #7

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Re: I'm Done...

Quote:
Originally Posted by Tams »
look who's talking !!!
...someone who pretends to be a holy-than-thou "price action" trader in the front,
but secretly tries to buy an indicator behind the scene... LOL

and you had the gall to bad mouth the guy when he won't sell you his indicator... !?!?!

ROTFLMAO


Huh? I must have missed something along the way.
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Old 07-02-2010, 05:10 PM   #8

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Re: I'm Done...

Quote:
Originally Posted by markl67 »
Well, after 18 months of researching, demo trading, live trading, webinars, trading groups, books, magazines, I have finally decided to throw in the towel. I hate giving up, but I have a family to support and this just ain't workin', so back to looking for another 9-5 hum drum job - oh well. Good luck to everyone...
You might be giving up. If you are like me it wont last long. I have given up numerous times and it lasts about a week. If you can walk away that easily, you are probably a better man that I. Some days I wish I could do that. But then...a glimmer...and I feel like I just might be getting it...

I don't think you need to sit in front of the computer all day. I would recommend going and getting your job and then just looking at charts at night. I think the key here is not to trade live or anything like that...the key is to understand price action at least some of the time.

Or find a market that trades early in the morning or late at night after the kids are in bed. Just an hour of watching the charts unfold every day, no trading, just watching and you would be making progress.

Have you ever been watching a chart and not really know what it's going to do next but you have been watching charts so long that at some point you see something happening and you say to yourself, I just know price will stop right there and go up or down, and you are right? If you have not, then you have probably not spent enough time just watching charts. Forget trading...just watch. Trading is too distracting. When you start getting to those points where you just know...try to figure a way to enter...some sort of a trigger or a formation you see on a shorter term chart...something that will make you comfortable getting in.

That's why nobody can teach someone else how to trade. because in a successful trader, he has been immersed in charts so long that it is just his second nature. He doesn't even really understand what he is doing.

But ya gotta enjoy it...

Anyway, I thought I would throw down a little shpeal here just for the heck of it...but then I don't have a clue what I am talking about so it's probably only worth 2 cents to me.

Oh, and get rid of all the indicators on your charts. Just forget them, at least for now.

JH
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