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scratty
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Postby scratty » Thu Aug 16, 2012 7:26 am

Whats the most important target (leads to highest priority :shock:) for a trader?
Lose professionally!

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bettlebox
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Postby bettlebox » Thu Aug 16, 2012 10:28 am

Hi Scratty

to make a profit :?:
There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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scratty
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Postby scratty » Thu Aug 16, 2012 11:50 am

good start bb!
What is the precondition to make a profit (not on 1-trade base => over time)? What does making profit depends on?
Lose professionally!

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bettlebox
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Postby bettlebox » Thu Aug 16, 2012 12:09 pm

You must have correct understanding of how the markets move.

So Knowledge is required.

From there a logical strategy can be formulated.
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Postby MightyOne » Thu Aug 16, 2012 1:06 pm

To be long/short from long term pointy places ;)

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scratty
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Postby scratty » Thu Aug 16, 2012 1:26 pm

MO what an honor! Nice to have you on board/thread :smt026

MightyOne wrote:To be long/short from long term pointy places ;)
Lose professionally!

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scratty
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Postby scratty » Thu Aug 16, 2012 1:29 pm

any less market oriented oppinions to start very high level?
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bettlebox
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Postby bettlebox » Thu Aug 16, 2012 1:47 pm

to make money you have to sell (whatever it is) at higher price than you paided for it.
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Postby Braathen » Thu Aug 16, 2012 2:09 pm

Hey Scratty!

A little less market orientated would be (like your sig says) losing like a pro.
Give them nothing but take everything.

Space/lot managment defently gave me a better edge and has
become one of my highest priority's.

Other then that stamina , patience and a reason why :D

(im sorry if i have misunderstood your topic :D)
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Postby TygerKrane » Thu Aug 16, 2012 2:15 pm

scratty wrote:any less market oriented oppinions to start very high level?

You need the ability to trade your plan through the difficult times; this is facilitated by a belief in your trading plan.

As MighyOne once said,
    "Money is something that happens to people who do the right things irrespective of short term results."


You can do the right things irrespective of short term results when you have a core philosophy deep in your mind; when you truly believe in your core philosophy, (you can accept losses, b/c you KNOW you are doing the right thing), you can follow your rules systematically, and allow them (read: WAIT for them) to lead you into the opportunities to participate in the market profitably.

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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