Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I don't know who said it first though. There is more I've taken from the link below
in case any newbie might not understand the meaning.
The last thing inside you that is directly linked with your profit is being honest. If a system it just doesn't work, you should be honest and admit it. The market is never wrong...the market is always right, no matter what. It might be irrational, it might be illogical you could get up from your trading chair one day and say ... It doesn't make sense.. Yes, the market often doesn't make sense, but it is right. And if you don't make a profit, your system is wrong, not the market.
In other words, even if you do everything perfectly, your profits on a given day/week
might not be as big as a given day/week in the past. This may be due to a lower volatility
of the ES (if you're just trading that) or for perhaps some other reason.
I posted this below (and you replied with the above):
So are we still (ideally) suppose to post about trading only?
I don't know if I really have an opinion or not, but trading encompasses
many subjects. I don't have a complete list off the top, but,
money
chance
fear
pride
greed
I've noticed that the trading related one-liners that pop up are not always
trading related. This one below is interesting but can also apply to investing.
" With this uncertainty, everyone I talk to is in two positions: cash and fetal "
This one is pretty generic:
" People who know get paid by people who don't "
Have your criteria changed? I guess that many things can apply to trading
directly, and many, like risk, fear, pride, can also apply, however only indirectly.
