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Tas Market Profile

  #31 (permalink)
 
lemons's Avatar
 lemons 
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
Posts: 959 since Nov 2010


PilotTrader View Post
How cruel! Lol to some folks here, ha, ha, ha!

Already passed my step 1 TST combine by simply trading my TAS strategies actually, now on the step 2 stage. Wish me luck kind sir.

Blue skies


I am with you.
First you need to be successful sim and then switch to live trading.



It?s Time to Fight to Get to the Next Level

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  #32 (permalink)
GlobalTrader
Long Beach , LA
 
Posts: 144 since Apr 2012
Thanks Given: 37
Thanks Received: 81


lemons View Post
I am with you.
First you need to be successful sim and then switch to live trading.



It?s Time to Fight to Get to the Next Level

Sim does not teach you the psychology you need to be successful in live trading.

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  #33 (permalink)
 
lemons's Avatar
 lemons 
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
Posts: 959 since Nov 2010



GlobalTrader View Post
Sim does not teach you the psychology you need to be successful in live trading.

You are right but if you fail in sim trading you will fail in live trading for sure.
If you are successful in sim trading then its higher oods to be successful in live trading too.

You can't get with one step from failed sim trader to successful live trader.

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  #34 (permalink)
 
PilotTrader's Avatar
 PilotTrader 
New Brunswick NJ/USA
 
Experience: Intermediate
Platform: NT7, NT8
Trading: NQ, CL, GC, NG, HG
Posts: 157 since Aug 2014
Thanks Given: 106
Thanks Received: 355


GlobalTrader View Post
Go play poker with matchsticks.

Lemons: I raise you 5 matchsticks and half a chopstick. Full house dude! Lol.


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  #35 (permalink)
GlobalTrader
Long Beach , LA
 
Posts: 144 since Apr 2012
Thanks Given: 37
Thanks Received: 81


lemons View Post
You are right but if you fail in sim trading you will fail in live trading for sure.
If you are successful in sim trading then its higher oods to be successful in live trading too.

You can't get with one step from failed sim trader to successful live trader.

I don't discount sim has a place, however, it also has inherent problems, such as most people trading sim are too relaxed about their rules and take trades they shouldn't because there's no financial stress in the trade. You loose $500, it doesn't matter, you make $1000 you feel good but it doesn't matter. There is a major difference between sim trading and system development also. People often get these confused. Sim trading was first made available for traders to learn the platform. If you are trading sim for more than a month, then that's pretty useless because you become complacent with sim and as soon as you go live your world will collapse, slippage, bad fills, costs, etc. Go live as soon as you can with a small account and managed risk.

People saying how good they trade and rave about their indicators yet they are on sim, is simply a joke. You will learn far more from live trading than sim. Its a fact.

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  #36 (permalink)
GlobalTrader
Long Beach , LA
 
Posts: 144 since Apr 2012
Thanks Given: 37
Thanks Received: 81


PilotTrader View Post
Lemons: I raise you 5 matchsticks and half a chopstick. Full house dude! Lol.


Post your trade journal?

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  #37 (permalink)
 
PilotTrader's Avatar
 PilotTrader 
New Brunswick NJ/USA
 
Experience: Intermediate
Platform: NT7, NT8
Trading: NQ, CL, GC, NG, HG
Posts: 157 since Aug 2014
Thanks Given: 106
Thanks Received: 355


GlobalTrader View Post
Post your trade journal?

If you're not trading live then you're not trading. Go play poker with matchsticks.

Oh, okay. So, you are interested in my trade journal, the one you disparagingly advised to "Play poker with match sticks"? Really? Well, I am truly honored! But what value is that to you from somebody so inept and dumb like me, a SIM non-trader?

Nah, I don't think so sir but I will share this, all trades done on auto trade mode! No emotions required.

Have a nice day!



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  #38 (permalink)
GlobalTrader
Long Beach , LA
 
Posts: 144 since Apr 2012
Thanks Given: 37
Thanks Received: 81


PilotTrader View Post
Oh, okay. So, you are interested in my trade journal, the one you disparagingly advised to "Play poker with match sticks"? Really? Well, I am truly honored! But what value is that to you from somebody so inept and dumb like me, a SIM non-trader?

Nah, I don't think so sir but I will share this, all trades done on auto trade mode! No emotions required.

Have a nice day!



Oooolll , so emotional, no wonder you are still on sim...lmao. You probably want to work on that average loss metric.

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  #39 (permalink)
 
PilotTrader's Avatar
 PilotTrader 
New Brunswick NJ/USA
 
Experience: Intermediate
Platform: NT7, NT8
Trading: NQ, CL, GC, NG, HG
Posts: 157 since Aug 2014
Thanks Given: 106
Thanks Received: 355


GlobalTrader View Post
Oooolll , so emotional, no wonder you are still on sim...lmao. You probably want to work on that average loss metric.

Oh Global, your too smart of me! Have a nice life dude! And thank you for encouraging words you share here on this forum.

Sayōnara baby, I've got a plane to fly now.

Blue skies,

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  #40 (permalink)
GlobalTrader
Long Beach , LA
 
Posts: 144 since Apr 2012
Thanks Given: 37
Thanks Received: 81



PilotTrader View Post
Oh Global, your too smart of me! Have a nice life dude! And thank you for encouraging words you share here on this forum.

Sayōnara baby, I've got a plane to fly now.

Blue skies,

Is that a real plane or a simulator?

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