Are you tired of being on the "wrong" side of the

psychology is the key to success in trading. are you match tough?

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TheRumpledOne
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Are you tired of being on the "wrong" side of the

Postby TheRumpledOne » Sun Jun 25, 2006 10:27 pm

Are you tired of being on the "wrong" side of the trade?

If you seem to "always" enter a trade and immediately it goes against you, here's a way to reverse your fortune.

Open a practice account.

Enter the trade in the practice account.

Watch it go against you.

Then see the entry signal you should have waited for and enter in your real money account.

Sooner or later, you will start to wish you had entered the trade in your real account because you will have mastered the entry. Then, you can put the practice account away.

Simple, yet effective.

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Postby TheRumpledOne » Tue May 25, 2010 12:50 pm

Did anyone do this?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby jarnapal » Tue May 25, 2010 2:20 pm

TheRumpledOne wrote:Did anyone do this?


It works perfectly for me. When I have entered the trade with my practice account the "need" to get in disappears and therefore I can find much better place to enter with my real account.

It's like masturbating.

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Postby MightyOne » Tue May 25, 2010 5:14 pm

jarnapal wrote:
TheRumpledOne wrote:Did anyone do this?


It works perfectly for me. When I have entered the trade with my practice account the "need" to get in disappears and therefore I can find much better place to enter with my real account.

It's like masturbating.



:lol:

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Postby noushina » Tue May 25, 2010 6:44 pm

TheRumpledOne wrote:Did anyone do this?
No but I think I need to.

and thanks jarnapal for the chuckle.

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Postby GeorgeCh » Tue Jan 04, 2011 4:48 pm

This is seriously brilliant.

Another interesting technique I discovered is that I consistently fail to predict trends. Whenever I draw a trendline, the market will INVARIABLY go the wrong way.

I am seriously considering developing a trading system that involves me making a judgement and then trading AGAINST it. If my judgements are 100% wrong, then doing the opposite of my judgements would result in 100% winners, right? :)

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Postby TheRumpledOne » Wed Jan 05, 2011 5:15 am

You sound like George Costanza on Seinfeld...LOL!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby wangyue22 » Wed Jan 05, 2011 5:57 am

jarnapal wrote:
TheRumpledOne wrote:Did anyone do this?


It works perfectly for me. When I have entered the trade with my practice account the "need" to get in disappears and therefore I can find much better place to enter with my real account.

It's like masturbating.



LMAO, i had a good laugh, can totally relate to it. my gf and i are currently living in opposite side of the country. :(


thanks for the good laugh and the great thread tjfxtrader :wink: .

ahhhh, fishing for the leader rat in a ocean made up of insects is so hard, its driving me nuts.

you are a cruel cruel man Tro. :D


and your method of teaching is priceless.

the best teacher dont tell you what to do to get it right, they tell you what NOT to do so that you wont be wrong. 8)
"find a job you love and you will never work a day in your life" Confucius

"its all relative" Eisenstein

"if you love everything, then nothing is work, if you think everything is work, then nothing is work" Confustein ^.^

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Re: Are you tired of being on the "wrong" side of the

Postby kate682 » Thu Jan 08, 2015 4:31 pm

I'm going to try this, thanks Tro.
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Kate
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Re: Are you tired of being on the "wrong" side of the

Postby tiptip » Sat Jun 11, 2016 8:20 pm

well said, being positive and coming with a great plan.

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