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Arrogant advice
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Professional4X

Membre depuis Jan 05, 2016  1189 messages Professional4X Jul 04 2019 at 19:45
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

Membre depuis May 02, 2019  319 messages Roberto21 Sep 21 2019 at 10:45
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

Membre depuis Aug 11, 2017  788 messages Mohammadi Jan 13 at 16:36
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

Membre depuis Dec 20, 2019  11 messages Mnegamand May 06 at 16:48
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

Membre depuis Aug 12, 2015  34 messages Wildbill May 06 at 22:27
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

Membre depuis Feb 22, 2011  4833 messages vontogr (togr) May 07 at 08:06
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

Membre depuis May 27, 2020  25 messages Cruz45 Jun 16 at 11:50
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

Membre depuis Jun 17, 2020  7 messages ReaderTrimble33 Jun 22 at 12:12
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

Membre depuis Feb 22, 2011  4833 messages vontogr (togr) Jun 22 at 12:34
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

Membre depuis May 24, 2020  67 messages Duktilar Jul 03 at 03:39
You can and should listen to the tips, but you should always leave the last choice for yourself.

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