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Best traders: How to detect them?

PayPip (PayPip)
Dec 06 2012 at 03:45
28 posts
Igor123472 posted:
I will repeat my initial question...: If the success had one equation, how would you write?


Buy time, hedge everything.

PayPip (PayPip)
Dec 06 2012 at 12:02
28 posts
Bah can't edit a post, it should have read...

Buy time + hedge everything = confidence

Financialarts
Dec 09 2012 at 08:50
134 posts
Succes = (Absolute Profit - Absolute losses) > Desired Profit
something like that :)

I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
RollingStones74 (RollingStones74)
Dec 12 2012 at 09:53
76 posts
Financialarts, do you mean you get success only if you get more than desired profit? I don't think so. It just proves that you can't plan well results of your trading) If you get some profit for a long time, it's already the success.

If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Financialarts
Dec 12 2012 at 19:25
134 posts
Dude thats what I said

I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
AmberLynn
Dec 12 2012 at 19:40
241 posts
What YOU plan as profit as profit doesn't mean anything. When you expect something to happen, it then means your trading with bias. You take what the market gives you, and try to be as least bias as you can be. Withdraw as much as you can. That is the only way to last long in this market.

Financialarts
Dec 12 2012 at 21:36
134 posts
thats what i'm saying

I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^
pietpip
Dec 13 2012 at 05:52
14 posts
STrange how everyone tries to analyse and figure out what is a good trader and what systems they use. Some may even ponder why you dont see these super beings on the forums and if there is a holy grail in trading. As a trader for almost 5 years ,i can tell you there is no secret or system only endurance.

Do what the turtles do by sticking to the system. You have to bench mark your system and change it all the time. There is no set system on the planet. Its all about dynamics and you can spot these traders by their opportunistic nature, its like business people some know when its a good deal and may even jump out of its comfort zone to get there. They get burned but always make a plan to heal their wounds. These traders are the traders that find a solution to a problem and just know when to get out. Its like riding a bicycle at hi speeds, you know how to ride the bike but you will fall off and even more so at higher speeds.

Stop searching for answers and trade because you love it and be dynamic, and dont look at my profile because i still suck at it but i know i will be dynamic and profitable in the end because i love trading. Maybe the answer to your question is ' The successful trader is the trader that loves trading more than life itself'. Good trading

RollingStones74 (RollingStones74)
Dec 17 2012 at 11:06
76 posts
pietpip posted:
Maybe the answer to your question is ' The successful trader is the trader that loves trading more than life itself'. Good trading


Good point, only for the successful trader trading is a life already.

If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
JohnMandrake
Jan 16 2013 at 06:57
6 posts
Look at the win-percentage of the trades, simplest way.

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