"Price movement is the key"

trading strategies and money management discussion, code, results

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bredin
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Postby bredin » Thu Feb 18, 2010 9:54 am

Patch,
A trader is most certainly not a businessman. If you read Robert Kiyosakis' Cashflow Quadrant, you will see that there are only 4 ways to make money
1. Employee (work for someone else)
2. Self Employed (work for ones self)
3. Own a Business (other people work for you)
4. Investor (money works for you)

1|3
---
2|4

Each Quadrant thinks differently, often contrarily to the other side and opposite quadrant.

Its a very good read, btw, and it follows his primer Rich Dad, Poor Dad.

Cheers
G
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Postby Ronald Raygun » Thu Feb 18, 2010 3:37 pm

Trader can be either Self-Employed, or Investor.

By Kiyosaki's definition, discretionary traders would most likely be classified as self-employed.

Traders with EAs / A whole hedge fund working for them would probably be considered investors.



It's a good read, but don't lose sight of the lesson being taught.

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TheRumpledOne
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Postby TheRumpledOne » Sat Feb 20, 2010 11:36 pm

Hey Ronald, welcome aboard the pirate ship, Kreslik. Better not let the FF boys know you are on board...LOL!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby Ronald Raygun » Sun Feb 21, 2010 12:50 am

After realizing that there were no new trading systems to experiment with, I finally decided to make a few posts here. It's nice to be an official member of Kreslik after almost a year of lurking.

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bredin
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Postby bredin » Sun Feb 21, 2010 1:05 am

Ronald Raygun wrote:Trader can be either Self-Employed, or Investor.

By Kiyosaki's definition, discretionary traders would most likely be classified as self-employed.

Traders with EAs / A whole hedge fund working for them would probably be considered investors.



It's a good read, but don't lose sight of the lesson being taught.


By Kiyosaki, a trader is Self Employed, since if the trader doesnt work (trade) he doesnt get paid.

Cheers
G
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Postby TheRumpledOne » Sun Feb 21, 2010 2:50 am

Ronald Raygun wrote:After realizing that there were no new trading systems to experiment with, I finally decided to make a few posts here. It's nice to be an official member of Kreslik after almost a year of lurking.


You know pirates are not welcome on FF, right?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby Ronald Raygun » Sun Feb 21, 2010 2:52 am

I know that quite well. The difference is that Twee doesn't care as long as I keep giving EAs for free. He knows that if I pull my EAs, a good chunk of people will leave.

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tmanbone
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Postby tmanbone » Sun Feb 21, 2010 4:20 am

Welcome Ronald if you're into EAs hook up with newschool.
http://kreslik.com/forums/viewtopic.php?t=2216&start=0
Last edited by tmanbone on Sun Feb 21, 2010 4:31 am, edited 1 time in total.
"The simplicity of the markets is it's greatest disguise"

T

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Patch
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Postby Patch » Sun Feb 21, 2010 4:27 am

TRO

What does"FF" stand for?

Is it Forex Frauds?

Ronald Raygun

What is your handle over at Forex Frauds? I would like to take a look at your EAs.

Thanks,
Patch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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Postby TheRumpledOne » Sun Feb 21, 2010 4:48 am

FF: Forex Factory

You know the place where if you post a chart with one of my indicators, they ban you.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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