OK, so I'm still new to trading in the grand scheme of things. I've read threads by TD, Captain Currency, Mr. Charts, J16 and literally hundreds more. I've been around for a few years soaking up (mostly useless) information, I certainly haven't put in the work others could due to other commitments so I guess there are other people around who have only been learning a year or so and are about where I am..
It seems that the more I learn the less I know!
I have my idea's, I believe I'm making my own progress but until I finally go live I don't know.
The thing I'm trying to get across here is... This trading malarky is virtually impossible to do well right from the off. You might read something and at first you'll more than likely take it as gospel, head off and throw some cash at IG, Finspreads or whatever and get on your way to the millions you promised the missus would come within a couple of weeks. Of course, you lose this money quite quickly.
You realise the thread\article\book\paid for system or whatever you started with is a load of cack and so you move to another thread\article\book\paid for system or whatever - This is it, this is your ticket, your moment.
Don't be stupid... That was a load of **** as well.
Rinse\repeat the above until you finally realise you're still none the wiser.
Eventually (this is kind of where I am now) you get to the point where you don't really like the idea of simply copying someone elses style... you've grown pessimistic and start pouring over charts hoping to spot something that will give you an edge.
Maybe you\I will find it, maybe not but I can sure as hell say that nobody is going to hand it to you\me.
As you read these forums you grow to respect certain opinions... Now I'll admit that at first, it's the wrong people you listen to - These are the people who tell you what you want to hear.
The sooner you realise that most of these people are talking absolute cod **** the better.
Some points I have learned that I want to try and get across... They've all been said before and you probably nodded your head in agreement and then went straight on to ignore it all!
1) That thread you just read, the one with the foolproof strategy - It's a load of b0llocks.
2) The person with 2,000,000 posts and legendary status, you know, the one with the opinions, he's clearly been around... A master trader! He works in your local Asda and is a complete pillock - Steer clear.
3) This one is confusing... You know that strategy that's a load of b0llocks... Erm, well, if you understand it's concepts fully it will make you rich. Good luck, not many people get rich trading other peoples strategies. This is not a fault with the strategy, the fault almost always lies in the execution of the strategy.
This place, and every other trading site I have looked at is a complete minefield of useless cr@p and misleading idiots.
Search deep enough though and all of the answers are there... They're just cleverly disguised.
With all this in mind here's a couple of things you don't want to hear but are very true - Nobody will make you profitable. If you can't do it on your own you will never do it, concentrate your time somewhere else. Take a step back after reading threads\posts on the interweb - Think about what these people are saying. I've found recently that the ones who say things I don't want to hear are generally the ones speaking the truth.
Just my 2 cents based on a couple of realisations. Hopefully this helps at least one newbie... If not well meh, at least I tried.
It seems that the more I learn the less I know!
I have my idea's, I believe I'm making my own progress but until I finally go live I don't know.
The thing I'm trying to get across here is... This trading malarky is virtually impossible to do well right from the off. You might read something and at first you'll more than likely take it as gospel, head off and throw some cash at IG, Finspreads or whatever and get on your way to the millions you promised the missus would come within a couple of weeks. Of course, you lose this money quite quickly.
You realise the thread\article\book\paid for system or whatever you started with is a load of cack and so you move to another thread\article\book\paid for system or whatever - This is it, this is your ticket, your moment.
Don't be stupid... That was a load of **** as well.
Rinse\repeat the above until you finally realise you're still none the wiser.
Eventually (this is kind of where I am now) you get to the point where you don't really like the idea of simply copying someone elses style... you've grown pessimistic and start pouring over charts hoping to spot something that will give you an edge.
Maybe you\I will find it, maybe not but I can sure as hell say that nobody is going to hand it to you\me.
As you read these forums you grow to respect certain opinions... Now I'll admit that at first, it's the wrong people you listen to - These are the people who tell you what you want to hear.
The sooner you realise that most of these people are talking absolute cod **** the better.
Some points I have learned that I want to try and get across... They've all been said before and you probably nodded your head in agreement and then went straight on to ignore it all!
1) That thread you just read, the one with the foolproof strategy - It's a load of b0llocks.
2) The person with 2,000,000 posts and legendary status, you know, the one with the opinions, he's clearly been around... A master trader! He works in your local Asda and is a complete pillock - Steer clear.
3) This one is confusing... You know that strategy that's a load of b0llocks... Erm, well, if you understand it's concepts fully it will make you rich. Good luck, not many people get rich trading other peoples strategies. This is not a fault with the strategy, the fault almost always lies in the execution of the strategy.
This place, and every other trading site I have looked at is a complete minefield of useless cr@p and misleading idiots.
Search deep enough though and all of the answers are there... They're just cleverly disguised.
With all this in mind here's a couple of things you don't want to hear but are very true - Nobody will make you profitable. If you can't do it on your own you will never do it, concentrate your time somewhere else. Take a step back after reading threads\posts on the interweb - Think about what these people are saying. I've found recently that the ones who say things I don't want to hear are generally the ones speaking the truth.
Just my 2 cents based on a couple of realisations. Hopefully this helps at least one newbie... If not well meh, at least I tried.
Looking back through charts is what I spend most of my free time doing now so I definitely agree. I can't demo - Some may take it as a cop out but without real money being on the line I don't trade properly so I don't bother. 
