CYOF
Experienced member
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Each individual will interpret the same information differentially - if this was not the case then we would not have any difference of opinions and therefore no opportunity for profits in trading.
The key is to quickly identify what information is of value to you, and what is not.
Concentrate on what you need to learn and know, and forget about all the other crap.
What you need to know will depend on some key basic fundamentals, such as:
1. How much money do I have to risk in trading - including training costs and learning losses?
2. What type of returns do I want to try and achieve.
3. How much time can I dedicate to studying and paper trading?
4. What is the time frame that I want to achieve my goals by?
Unless you get the basic fundamentals sorted out first, then forget about looking at Nas Level II and all the other numerous "techniques" and "systems" that successful traders are so willing to share with you.
Don’t interpret this information wrongly; I have nothing against anyone trying to make money by teaching people what the "THEY" have learned over their years of trading. The important fact here is that what they have learned is based on their interpretation of the information that they were subjected to. This may, or may not, be suitable to another individual.
IMHO, this is one of the key things that most people seem to misunderstand. Everyone wants to be shown how to make money in the markets, not too many want to discover how to do it for themselves, which is the best way if you are willing to commit to some serious study and trial and error.
CYOF
The key is to quickly identify what information is of value to you, and what is not.
Concentrate on what you need to learn and know, and forget about all the other crap.
What you need to know will depend on some key basic fundamentals, such as:
1. How much money do I have to risk in trading - including training costs and learning losses?
2. What type of returns do I want to try and achieve.
3. How much time can I dedicate to studying and paper trading?
4. What is the time frame that I want to achieve my goals by?
Unless you get the basic fundamentals sorted out first, then forget about looking at Nas Level II and all the other numerous "techniques" and "systems" that successful traders are so willing to share with you.
Don’t interpret this information wrongly; I have nothing against anyone trying to make money by teaching people what the "THEY" have learned over their years of trading. The important fact here is that what they have learned is based on their interpretation of the information that they were subjected to. This may, or may not, be suitable to another individual.
IMHO, this is one of the key things that most people seem to misunderstand. Everyone wants to be shown how to make money in the markets, not too many want to discover how to do it for themselves, which is the best way if you are willing to commit to some serious study and trial and error.
CYOF