Why do succesful traders hang around forums?

This is a discussion on Why do succesful traders hang around forums? within the Educational Resources forums, part of the Commercial category; Originally Posted by foroom lluzers Traders are like monkeys , they suffer from the MONKEY BIAS, THEY DO MONKEY BUSINESS ...

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Old Apr 15, 2017, 9:02am   #9
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Originally Posted by foroom lluzers View Post
Traders are like monkeys , they suffer from the MONKEY BIAS, THEY DO MONKEY BUSINESS ON LIVE ACCOUNTS , if they are idle and bored .They end up overtrading , become impulsive , impatient and sill .So writing on forums helps them avoid getting into trouble , whilst waiting for next trade


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Humans are very clever and we get clever (WHY NOT DO SOMETHING THAN SITTING BORED?) , when it is not in our interests .When given a highly profitable system , we look for adventerous systems in spare time , because we are smart .We are like monkeys and do monkey business on live accounts .It is called self sabotage.


We are curious and try new things , inventions and do the same in trading.
We get too clever for our own good in trading ,like these monkeys.
fair comment above .......as an old mentor of mine taught me

Traders have to be smart enough to design a profitable system, then dumb enough to follow it .......

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Old Apr 18, 2017, 8:43am   #10
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foroom lluzers started this thread They have superior knowledge and they like to give to others .It gives them pleasure.

http://www.trade2win.com/boards/educ...g-useless.html

Usually they don't fit with the forum crowds , they are at loggerheads.

Originally, a loggerhead was none of these but was used with the meaning of 'a stupid person - a blockhead'. Shakespeare used it that way in Love's Labours Lost, 1588:

"Ah you whoreson logger-head, you were borne to doe me shame."
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Old Apr 18, 2017, 9:50am   #11
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most good traders have had good mentors ........and if those mentors helped openly when asked then most half decent students give back one day ..........only decent thing to do
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Old Apr 18, 2017, 10:01am   #12
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most good traders have had good mentors ........and if those mentors helped openly when asked then most half decent students give back one day ..........only decent thing to do
All traders need a ringside coach trading is like boxing , but they need to learn from the highly knowleadgable , because the systems/method is only 20% , for the other 80 % which is psychology.Trading is an emotionally charged game , by having the right strategy and mental preparations, you can reduce emotional trading.

Patience is the edge for any trader , if I don't have patience to wait for the quality trade , I would ruin a good profitable system.

Mental preparations are required ,if trades breaks down , be ready for trade failure and be ready to exit at a loss without revenge trades and emotions.
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Old Apr 22, 2017, 8:22pm   #13
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foroom lluzers started this thread to share wisdom with 95% club


http://www.trade2win.com/boards/educ...ld-trader.html
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Old Apr 22, 2017, 8:23pm   #14
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foroom lluzers started this thread to show to trade profitably

http://www.trade2win.com/boards/indi...ml#post2896876
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Old May 2, 2017, 12:40pm   #15
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foroom lluzers started this thread http://www.trade2win.com/boards/educ...g-traders.html

to take amatuers to professional levels.
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Old Jun 25, 2017, 3:07pm   #16
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good one
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