Market is the best teacher

Jun 19, 2023 at 04:57
Vues 484
16 Replies
Membre depuis May 08, 2023   posts 63
Jun 19, 2023 at 04:57
There's saying that goes like: 'you whether learn yourself, or the market (in some cases life XD) will teach you'.
So, what is the last thing you learnt from the market?
Membre depuis Mar 31, 2021   posts 229
Jun 19, 2023 at 09:24
It is not always worth trusting the signals that the market gives. Since the signals can also be false.
Think thrice before opening an order
Membre depuis Jun 19, 2023   posts 11
Jun 19, 2023 at 12:46
relying solely on the market to teach us can be a costly and time-consuming approach. Active learning through books, courses, mentors, and communities can help accelerate our understanding and minimize potential losses.
Membre depuis May 08, 2023   posts 63
Jun 20, 2023 at 02:31
'It is not always worth trusting the signals that the market gives. Since the signals can also be false.'
Well, I can say that sometimes they deceive me too but if we can't trust the signals then what should we do?
Membre depuis Jan 25, 2022   posts 165
Jun 20, 2023 at 06:37
What is the wrong signal?
There is no such thing as a wrong signal in the market, it just reacts to the attitude of the money, which is relatively objective.
Errors are created in the process of our interpretation of the market.
Membre depuis Jun 20, 2023   posts 9
Jun 20, 2023 at 13:16
The market does what it wants. You cannot expect a reversal or a continuation. Even if a reversal looks impossible, it can happen
Membre depuis Jun 21, 2023   posts 1
Jun 21, 2023 at 13:14
Ethanishere, you bring up an interesting point. Trusting market signals can indeed be a tricky business. As Prince Sajir mentioned, the market itself reacts to the attitudes of money, which can be relatively objective. However, errors can arise from our interpretation of those signals.

In my experience, it's important to approach the market with a balanced mindset. While the market can be a great teacher, it shouldn't be the sole source of our education. Active learning through various resources such as books, courses, mentors, and communities can help accelerate our understanding and minimize potential losses.

Membre depuis May 08, 2023   posts 63
Jun 24, 2023 at 01:43
Agreed on the previous things. you're wise man. I got a question. What's the best mindset for trading in your opinion?
Membre depuis Dec 09, 2022   posts 16
Jun 27, 2023 at 11:33
For me, the market is chaos that I try to control😂
Membre depuis Aug 19, 2021   posts 234
Jun 27, 2023 at 14:31
Oh do not rejoice too long at your success or you will definitely lose the next time. 😄😄
Membre depuis Jun 27, 2023   posts 7
Jun 27, 2023 at 15:28
It is crucial to acknowledge that the market can be a formidable teacher, but seeking knowledge and actively learning can empower traders to navigate the market more effectively
Membre depuis Mar 21, 2023   posts 22
Jun 27, 2023 at 23:17
@Ethanishere
I have learned that nothing is definite in the market predictions.
Do not marry any assets.
Membre depuis Mar 31, 2021   posts 229
Jun 28, 2023 at 09:42
Ethanishere posted:
'It is not always worth trusting the signals that the market gives. Since the signals can also be false.'
Well, I can say that sometimes they deceive me too but if we can't trust the signals then what should we do?

Well I did not say that now you can’t trust the signals at all. You just need to be more careful. Just like me.
Think thrice before opening an order
Membre depuis May 08, 2023   posts 63
Jul 01, 2023 at 01:15
Rococo_XVII posted:
Ethanishere posted:
'It is not always worth trusting the signals that the market gives. Since the signals can also be false.'
Well, I can say that sometimes they deceive me too but if we can't trust the signals then what should we do?

Well, I did not say that now you can’t trust the signals at all. You just need to be more careful. Just like me.

Well, yeah that's what any rational man would do.
Membre depuis May 08, 2023   posts 63
Jul 01, 2023 at 01:19
JakeRobins posted:
relying solely on the market to teach us can be a costly and time-consuming approach. Active learning through books, courses, mentors, and communities can help accelerate our understanding and minimize potential losses.
I genuinely agree. That is why they say either you learn or it will teach you. Personally prefer to learn rather than be taught.
Membre depuis Aug 19, 2021   posts 234
Jul 03, 2023 at 10:11
Ethanishere posted:
JakeRobins posted:
relying solely on the market to teach us can be a costly and time-consuming approach. Active learning through books, courses, mentors, and communities can help accelerate our understanding and minimize potential losses.
I genuinely agree. That is why they say either you learn or it will teach you. Personally prefer to learn rather than be taught.

Sometimes the lessons learned by market are remembered much better than if you learned it yourself. 😄😄 Although much more painful. LOL.
Membre depuis Jun 19, 2023   posts 11
Jul 18, 2023 at 12:46
Ethanishere posted:
JakeRobins posted:
relying solely on the market to teach us can be a costly and time-consuming approach. Active learning through books, courses, mentors, and communities can help accelerate our understanding and minimize potential losses.
I genuinely agree. That is why they say either you learn or it will teach you. Personally prefer to learn rather than be taught.
I just wanted to give you a huge shout-out for always being on the same wavelength as me.
Se connecter / S’inscrire to comment
You must be connected to Myfxbook in order to leave a comment
*Lutilisation commerciale et le spam ne seront pas tolérés et peuvent entraîner la fermeture du compte.
Conseil : Poster une image/une url YouTube sera automatiquement intégrée dans votre message!
Conseil : Tapez le signe @ pour compléter automatiquement un nom dutilisateur participant à cette discussion.