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Arrogant advice

Professional4X
Jul 04 2019 at 19:45
1189 posts
Bansheedo posted:
I thought that 'Elliot Wave, Wolfe Wave, Gann Theory' are strategies? Please correct me if I am wrong


In general you can think of them as complex patterns that appear in the markets.

When those patterns manifest, then you would trade based upon your strategy.

With Elliott and Wolfe you are looking for somewhat similar setups for your points of entry.

How you trade those setups is the strategy.





If it looks too good to be true, it's probably a scam! Let the buyer beware.
Roberto21
Sep 21 2019 at 10:45
364 posts
as a newcomer i was successful with BB in demo but when kicked off a live account , this approach not worked as like before , it was my experience about BB.

Mohammadi
Jan 13 2020 at 16:36
875 posts
Confidence is needed but over confidence is will harmful, sometime because over confidence then leading trader being greedy in trades, and dare to take high risk in trading witch actually the market very dynamic and not always after trader open trades then will directly get profit

Mnegamand
May 06 2020 at 16:48
12 posts
I think the advice was too harsh. But it's still true... It is true that most traders lose money on trades, but it is their own conscious choice. For most traders, it's a learning process. After all, think for yourself, what would be the motivation to learn from your mistakes, if there was no fear of losing your own money?

Wildbill
May 06 2020 at 22:27
35 posts
Having some real money in the game is necessary to make us aware that this is not a video game--it's a business just like any other but you don't have to worry about all the expenses like rent, insurance, salaries, inventory, etc. like a retail business.

On the other hand, if you treat it like a casino, subject only to the whims of chance, you will never learn how to make it a successful business. Get into a solid learning program that will teach you why the market moves as it does. You can pay someone now, or pay a lot more later as you lose your stake on 'hunches'.

Trade safely and well

togr (togr)
May 07 2020 at 08:06
4862 posts
Mnegamand posted:
I think the advice was too harsh. But it's still true... It is true that most traders lose money on trades, but it is their own conscious choice. For most traders, it's a learning process. After all, think for yourself, what would be the motivation to learn from your mistakes, if there was no fear of losing your own money?


You can learn to trade on demo,
no need to waste real money,
which you can use for your family.

Cruz45
Jun 16 2020 at 11:50
26 posts
togr posted:
You can learn to trade on demo,
no need to waste real money,
which you can use for your family.

Good advice!

ReaderTrimble33
Jun 22 2020 at 12:12
20 posts
Forex cultivates greed. It is one of the arrogant pieces of advice that I came across. While working on forex, it is important to have your intentions and emotions in check to make sure that you focus on growing and learning with it and stay prepared for losses and risks.

togr (togr)
Jun 22 2020 at 12:34
4862 posts
ReaderTrimble33 posted:
Forex cultivates greed. It is one of the arrogant pieces of advice that I came across. While working on forex, it is important to have your intentions and emotions in check to make sure that you focus on growing and learning with it and stay prepared for losses and risks.

That is of course important
but 90+% people lose money trading forex because they dont have good trading plan
that's why the advice is valid though it is arrogant.

Duktilar
Jul 03 2020 at 03:39
96 posts
You can and should listen to the tips, but you should always leave the last choice for yourself.

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