Recent content by MoeD

  1. M

    Mental Training: What about Chess?

    Yes, I agree. Playing against a world cup winning chess computer is pointless and just frustrating if you're not having the mathematic brain like an computer yourself. Fortunately there are software based chess games out there which let you adjust the level of difficulty but still force you to...
  2. M

    Mental Training: What about Chess?

    Ever played against a modern chess computer? ;) Apart from that: I think you guys got me wrong; I don't mean Chess can simulate trading - I think it's a good mental trainer. To explain: I read some books regarding mental training and the psychology of trading and one thing they told me is, how...
  3. M

    Mental Training: What about Chess?

    I recently started playing chess more regularly because I thought it's very similar to trading: You have to identify opportunities and threats, be patient and always be aware of the "whole picture". What do you think? Is playing Chess helpful for becoming a successful trader? Regards, Moe
  4. M

    Fibonacci

    I think it's some kind of crowd psychology, like Trading in whole if you want. Traders are always looking for systems and indicators which give them confidence in their trading. So, if you use fibos you're acting just like many others which make the system work somehow if you use them right...
  5. M

    Learn to Love your Losses

    I prefer to hate my losses. To become a good trader is like to become a good competitive athlete: you've to practice hard, analyze your mistakes meticulously but always with passion. And if you look at the most successful sportsmen in history like Muhammed Ali, Michael Jordan, Michael Schumacher...
  6. M

    Sticky Introduce Yourself

    Hello Traders! My name is Moe and I'm from Berlin/Germany. I'm glad to have found this site!
Top