Professionals vs Amateurs

This is a discussion on Professionals vs Amateurs within the Psychology, Risk & Money Management forums, part of the Methods category; Originally Posted by barjon I thought it was worth repeating a quote (from John Carter maybe ?) in view of ...

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Old Jul 22, 2017, 9:52pm   #9
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Quote:
Originally Posted by barjon View Post
I thought it was worth repeating a quote (from John Carter maybe ?) in view of all the discussion lately on 100% and all that. Here it is:

Professionals focus on limiting risk and protecting their capital. Amateurs focus on how much money they can make. Professionals always take money from amateurs.

good trading

jon
Jon

I am not disagreeing with you on this , as this is what I wrote earlier today.Your statement is entirely correct.

This is what I said.

Just manage your risk , as in first post.Follow successful people and their traits.Follow successful football managers like Mourinho who manage defensively.
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Old Jul 22, 2017, 10:19pm   #10
 
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^^^^a 7yr necro -got to be a record
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Trade that are not closed will be closed when in profit.
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Old Aug 13, 2017, 11:25am   #11
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Originally Posted by mike. View Post
The FL virus infected another thread ?
I made a mistake , traders don't make mistakes , I thought this was only the psychology section .Now i know this was risk and psychology section.
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Old Aug 13, 2017, 3:47pm   #12
 
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Originally Posted by foroom lluzers View Post
I made a mistake , traders don't make mistakes , I thought this was only the psychology section .Now i know this was risk and psychology section.
have no fear Foroom, noone thinks your a trader
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Old Aug 13, 2017, 3:57pm   #13
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have no fear Foroom, noone thinks your a trader
I thought he's a trader, but a losing one.
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Old Aug 13, 2017, 4:50pm   #14
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have no fear Foroom, noone thinks your a trader
What do you think "Am i a wind up merchant "?.I would have the only live advance calls with results and system posted in advance.Only real traders can do that!
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Old Aug 13, 2017, 6:45pm   #15
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Originally Posted by EnlightenedJoe View Post
I thought he's a trader, but a losing one.
If they knew the difference between risk management and psychology , they would have argued in a non sex pistol discussion .
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Old Aug 13, 2017, 7:00pm   #16
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"Am i a wind up merchant "?
Since you continue to spread misinformation, you may not be a merchant, but you are connected with them.
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