Please read

[Newtron Bomb]

It's all about NOT taking stupid trades. That takes time, experience and patience.... Just how hard can scalping be? I doubt whether most could put down in writing their methods. I know I couldn't......Reward to risk? I don't have time to think about it until after the event. I know the risk will be minimal. The reward I can sometimes see, other times it's non existent and I have to wait and see what turns up....This is not what is taught in books and why beginners get eaten alive.(paraphrased)

CM
I haven't read truer words in one place. The phrase that caught my attention was the last one in bold above. A lot of what is taught in books has changed or varies with changing market conditions.

You cannot teach experience or common sense which is what is often involved to make a profitable decision, and is probably the reason why it can take about three years for most traders to become consistently profitable.

Drop the petty squabbling its not big and its not clever. It is turning a lot of new traders away and experienced traders from posting experiences methods and ideas.

Happy Trading
Newtron Bomb

 

[neil]

CM
I haven't read truer words in one place. The phrase that caught my attention was the last one in bold above. A lot of what is taught in books has changed or varies with changing market conditions.

You cannot teach experience or common sense which is what is often involved to make a profitable decision, and is probably the reason why it can take about three years for most traders to become consistently profitable.

Drop the petty squabbling its not big and its not clever. It is turning a lot of new traders away and experienced traders from posting experiences methods and ideas.

Happy Trading
Newtron Bomb

Seconded

 

[boy]

Thirded.