Trading for a Living - Cliff Notes
Sep 03, 2009 at 01:02
2,949 Visa
13 Replies
Sep 03, 2009 at 01:02
First off, I want to make clear that this is not my information. I am posting it here as it is by far some of the best words of wisdom I have ever read in my years of trading forex. Thanks to Acumen for putting together his thoughts from years of trading.
The attached pdf should be treated like gold.
Also saw a reference there to Paul Rotter - the worlds most successful scalper.....interesting one of his comments:
'Q: why don't you have any problems with closing out the position and even taking the opposite direction? shouldn't a trader stick to his opinion?
A: no, definitely not. an analyst or some kind of guru has to stick to it, but as a trader you should have no opinion. the more opinion you have, the harder gets it to get out of a losing position.'
The original topic is posted on Forex Factory:
https://www.forexfactory.com/showthread.php?t=178922
The attached pdf should be treated like gold.
Also saw a reference there to Paul Rotter - the worlds most successful scalper.....interesting one of his comments:
'Q: why don't you have any problems with closing out the position and even taking the opposite direction? shouldn't a trader stick to his opinion?
A: no, definitely not. an analyst or some kind of guru has to stick to it, but as a trader you should have no opinion. the more opinion you have, the harder gets it to get out of a losing position.'
The original topic is posted on Forex Factory:
https://www.forexfactory.com/showthread.php?t=178922
Bilagor:
forex_trader_7
Medlem sedan Aug 01, 2009
941 inlägg
Sep 03, 2009 at 05:02
That pdf is so old my reader won't open it...
Medlem sedan Aug 06, 2009
397 inlägg
Sep 03, 2009 at 20:22
Thanks for putting that document together..very informative.
Sleep is for the weak.
forex_trader_7
Medlem sedan Aug 01, 2009
941 inlägg
Sep 08, 2009 at 22:38
I still can't read it. My adobe must be broken.
Medlem sedan Sep 18, 2009
2 inlägg
Sep 21, 2009 at 14:13
Nice, thanks... <img src='
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forex_trader_211
Medlem sedan Aug 20, 2009
2 inlägg
Sep 27, 2009 at 22:56
Great post. Thank you.
Medlem sedan Dec 25, 2009
2 inlägg
Dec 25, 2009 at 21:36
thanks for the post
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