Difference between amateurs and professionals

[EnlightenedJoe]

r u raven of the chimpanzees?

What would you know about trading ? All you do is loose.

 

[foroom lluzers]

What would you know about trading ? All you do is loose.

 

[EnlightenedJoe]

Short dax @12072.1, no limits.

 

[EnlightenedJoe]

Not sure what the merchant's game plan is. They appear to be waiting for something. Took the tenner from them. Will repeat and rinse.

 

[EnlightenedJoe]

Short dax @12074.3, no limits.

 

[EnlightenedJoe]

Long GBP/USD @1.28785 x £1/point, no limits.

 

[Long Move Killer]

Professional trader:Good trading is boring , I have nothing to do all week except wait wait wait patiently , for the righ entry

Professionals understand trading phsychology

Amateur :Good trading is exciting: being scalped 3 times a day , then taking small profits and large losses getting scalped.Stress is good ,Let's say you're walking down a path and a tiger jumps out at you. Instantly, you perceive a threat and adrenaline is released. The tiger emotions is exciting , you fear ,get attacked by market , then I win .It is more like the exciting chase before the sex.

Amateurs are driven by their emotions , stress ,mistakes and ambitions , they don't understand trading psychology.

http://www.trade2win.com/boards/psychology-risk-money-management/45686-trading-psychology.html

http://www.trade2win.com/boards/first-steps/223070-find-great-mentor.html

http://www.trade2win.com/boards/first-steps/223070-find-great-mentor-6.html#post2893944

Fish yumping and birds singing ist easy as scalping.

How to let the quirrels sing & yump is Trading.

My new E-Book "10 years going trought hell"

 

[piphoe]

Fish yumping and birds singing ist easy as scalping.

How to let the quirrels sing & yump is Trading.

My new E-Book "10 years going trought hell"

:cheesy::cheesy:

 

[EnlightenedJoe]

Took another tenner.

 

[EnlightenedJoe]

Short dax 12075.5, no limits.

 

[EnlightenedJoe]

There's probably going to be some $ volatility with things going in odd directions. Closing GBP to marginally reduce exposure and to reduce brain load. I rather not have too many things to think about. Now, one less.

 

[EnlightenedJoe]

Short EUR/TRY @4.09154 x 31000 units.

For generating more money to cancel the bund trade.

 

[EnlightenedJoe]

Short dax @12129.3, no limits.

 

[foroom lluzers]

There the enlightened one

http://www.trade2win.com/boards/psy.../225742-trading-nirvana-enlightened-mind.html

 

[EnlightenedJoe]

The closing of the unwanted bund trade was largely a success. The loss + interest costs were fully covered by the closed cancellation trade in EUR/TRY. Of course I have a new cancellation trade alive. But the risk in that is benign and I an sure to make a profit in it. However this represents the remaining risk in the process.

 

[EnlightenedJoe]

There the enlightened one

http://www.trade2win.com/boards/psy.../225742-trading-nirvana-enlightened-mind.html

This is a professional thread. Can you leave your stooge stuff outside ?

 

[EnlightenedJoe]

I like bund. Long bund @164.566 x 250 units, no limits.

 

[EnlightenedJoe]

This funny tune came to my head: bund de de bund de de bund de de bund. Of course bund is pronounced boond.

 

[EnlightenedJoe]

Long USD/CAD @1.23761 x 17000 units, no limits.

 

[EnlightenedJoe]

Closed the EUR/TRY trade that was for cancelling the short bund trade. Objective achieved with profit to boot.