Adamus
Experienced member
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I have blown a few 4 ,5 and 6 figure live accounts in the past 10 years.
The point I am making if you are a mercenary discretionary trader , you will not have any material drawdowns.9 out of 10 days , you will make serious profits and one day ,you might give back the previous days profits , or just breakeven.
The markets are like an ocean ,swim every tide and twist and turn on every small opportunity. Occasionally the unexpected wave will knock you down , be prepared for the unexpected wave and ride on it's back in winning fashion.There are hundreds of twists and turns to be traded every day, be ready for them , anticipate them and act ahead of them.It is like a boxing match , get ready for all the punches thrown at you , and deliver the bigger blows to the opponent.There is only one winner , the champ who can duck and dive and deliver the blows.If your hit rate is good , increases your position sizes and your expectancy will give reward you.That's discretionary trading mercenary style.
Most of you are using trading systems /set ups etc, it is akin to a boxer using a punch bag with no opponent.I started using punch bags , now I am in the ring dishing it out to the market and taking it on the chin.The market can hit me a few times a day, I hit the market harder and more frequently.This is not fishing by sitting on the river bank, mercenary trading is swimming with the killer sharks.
This message is just completely out of order for a forum where people are trying to discuss tradiing seriously. I'm sure that every message like this drives away a couple of normal people who might have posted something interesting.
Is it any wonder that only about 1% of the 200,000 registered users on this forum actually stay around long enough to make themselves known?
I'm all for free speech and everyone's right to say what they want, but the objective of this forum is not to be an audience to testosterone-fuelled idiot comments like this.
Could the forum admin use the 'report this post' system to moderate users who post stuff that 'damages the reputation of the forum'? It would definitely save a few minutes here and there of aggro over ridiculous claims and counter-claims.