Recent content by noads

I spotted the bot. Can we report him to the mods?

BigRob, are you a bot?

I'm not sharing anything. I'm recommending some books. PW me as I've said.

Without a good trading edge that works, you won't be able to learn how to trade. Everything is connected. It's easier to "master trading demons" if you know what you are doing wrong -not sticking to your trading edge, then you see your trading demons. Without a good trading edge, there is...

A trading mentor could say to you that 1% per trade is a good risk management. It really doesn't matter that much (as long it's in a small portion of your capital), because if you are not prepared mentally, trading for example from fear, instead of trading from opportunity. You will be...

Yes, my experience is bad with mentors, thus my involvement into this subject. For example, my bad mentors were saying that you shouldn't feel emotions while trading and if you do, then stick to the plan, ignoring them. Till this day, sometimes I make the simple mistake trading against trend...

Yes, I don't have a clue what you are saying. Get out of your inner world and try to communicate clearly. Not by supposing what others would say if you think that they are saying.

You are mixing contexts, so it's not applicable to trading. You cannot mix contexts in that way, because if you do, we will end up with saying that if somebody sells parachutes which opens 6 times out of 10 -it's not a great value, but it can be good value for somebody, because it works more...

No. The mentor is there to show you which is a mistake and which is not. For example, he will show you his mistake that he committed 5 times, he will show you in which context it was. Then you will make the same mistake, but only twice, so the time is saved. So, there is a faster way. Mentor...

This two doesn't go together, you cannot not know somebody to have opinion about him.

It's not about numbers. You won't look at numbers when you love what you do. Mentor can help, but also mentor can hinder your progress. Almost all my mentors were an obstacle. Only when I flipped what they were saying, the real progress began. I found my own patterns. Then I saw that even my bad...

Obviously, you need to be your own guru and mentor first. And you are, in a way, because you have the ultimate power to put any mentor as your authority. Mentors can help, but at this stage, the best mentor would be your uncle or father who trades, because you would be almost certain that he...

The problem with your picture is that you assume that the ground is even and level. In trading, there is no even ground, nor it's level and smooth. That's why sometimes putting a rectangle or triangle wheel is the best you can do, because it will suit the shape of the market. Many trading...

First proof should be about research. For example, Steve Nison. Back in the days, he was an honest man teaching Japanese candles based on years of research. He simply stated that he is not a professional, but he likes to make the best of candles. He translated and researched candles for years...

Let's go even deeper into the subject. When new people are searching for a trading mentor, some of them will say to you that, for example, "Fibonacci doesn't work". I've heard these statements a lot, "I don't know any trader who makes money using fibo". It's a straw man argument. Just because...