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Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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This business is a personal decision for sure. Trade what best suits you and let that grow as you change/progress or evolve.
My barber is always trying to give me stock tips....tips he gets from some guy. We know each other well. He knows I'm involved with the market but futures mean nothing to him. He just gets quiet if I talk about it. He keeps telling me I should of taken his tips on this or that stock. There always under $5....lol. No matter what I say regarding me not trading stocks he still tells me to buy his stock (never short, completely foreign to him).
I don't have the heart to tell him I have two dogs that need hair cuts. I mean, "you cut hair right?.... so why not my dogs hair?.......OOOOO you mean you only cut human hair.......WHY?????....lol you charge $10 a hair cut and I give you a $5 tip..... I pay $45 a hair cut per dog and also give a tip.".... Because his business is JUST cutting human hair ...just a choice he made.
It's the same thing as him always telling me about trading stocks. I have zero interest in messing around with the stock market. Been there done that, don't like it. Yes, it's still trading, but so is cutting a dogs hair ....cutting hair... but he wont do it if I bring over my dogs.
I think if your completely new to trading, trade micro futures and or micro lot FX. If you lose your shirt trading micro lots in FX,... YOU HAVE GOT A SERIOUS PROBLEM.......lol.... or no money.
We must be like the fountain or spring that is continually emptying itself of all that it has and is continually being refilled from an invisible source
Buy Low And Sell High (read left to right or right to left....lol)
Last edited by Blash; August 11th, 2016 at 12:58 AM.
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