MO's MBT Micro
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- aliassmith
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Braathen wrote:words of wisdom right there
Sometimes it seemed like I was reading about MighyOne with some
of the statements I read from those traders. Funny thing is that those
"Market Wizards" are considered "Trading gods" when they make
between 20% to 100% in a year.
With those guidelines.....
Braathen, my friend, you are a trading god!
[glow=red]Happy Holidays Everyone [/glow]
Lets hit those banks hard January 4th 2010 and beyond.
Trade Your Way as Long as It Makes Money!
- aliassmith
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The New Market Wizards...
Many traders unconsciously acknowledge their lack of progress by
continually jumping from one system or methodology to another,
never gaining true proficiency in any. As a result, these people end
up with one year of experience six times instead of six years of
experience. In contrast, the superior traders gravitate to a single
approach-the specific approach is actually not important-and become
extremely adept at it.
Many traders unconsciously acknowledge their lack of progress by
continually jumping from one system or methodology to another,
never gaining true proficiency in any. As a result, these people end
up with one year of experience six times instead of six years of
experience. In contrast, the superior traders gravitate to a single
approach-the specific approach is actually not important-and become
extremely adept at it.
Trade Your Way as Long as It Makes Money!
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- aliassmith
- rank: 5000+ posts
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The New Market Wizards...
Krausz's unstated motto might be: We become what we believe.
If you accept this premise, then it becomes quite clear why
psychology plays such an important role in trading success or failure.
(looks like I should believe I can make triple digit returns each month
instead of double! )
I think I can....I think I can....I think I can....I think I can....
Krausz's unstated motto might be: We become what we believe.
If you accept this premise, then it becomes quite clear why
psychology plays such an important role in trading success or failure.
(looks like I should believe I can make triple digit returns each month
instead of double! )
I think I can....I think I can....I think I can....I think I can....
Trade Your Way as Long as It Makes Money!
aliassmith wrote:The New Market Wizards...
Krausz's unstated motto might be: We become what we believe.
If you accept this premise, then it becomes quite clear why
psychology plays such an important role in trading success or failure.
(looks like I should believe I can make triple digit returns each month
instead of double! )
I think I can....I think I can....I think I can....I think I can....
You could get there by using something like this on the weekly+ charts:
~SL Size MaxRisk
100: 15 to 1 [15%]
115: 13 to 1 [15%]
125: 12 to 1 [15%]
136: 11 to 1 [15%]
150: 10 to 1 [15%]
166: 09 to 1 [15%]
250: 06 to 1 [15%]
< 100 = 15 to 1
127 = 11 to 1
140 = 10 to 1
Try not to throw up though
- aliassmith
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MightyOne wrote:aliassmith wrote:The New Market Wizards...
Krausz's unstated motto might be: We become what we believe.
If you accept this premise, then it becomes quite clear why
psychology plays such an important role in trading success or failure.
(looks like I should believe I can make triple digit returns each month
instead of double! )
I think I can....I think I can....I think I can....I think I can....
You could get there by using something like this on the weekly+ charts:
~SL Size MaxRisk
100: 15 to 1 [15%]
115: 13 to 1 [15%]
125: 12 to 1 [15%]
136: 11 to 1 [15%]
150: 10 to 1 [15%]
166: 09 to 1 [15%]
250: 06 to 1 [15%]
< 100 = 15 to 1
127 = 11 to 1
140 = 10 to 1
Try not to throw up though
Ya,
I believe I would prefer to get there in smaller moves.
Let's say about 20% or more a week compounded!
Jab, Jab, Jab, KO
Trade Your Way as Long as It Makes Money!
To aliassmith:
"Whether You Believe You Can, Or You Can't, You Are Right." Henry Ford.
"Whether You Believe You Can, Or You Can't, You Are Right." Henry Ford.
I am trading forex while traveling the world. I decided to document my adventure with a blog : http://www.forextradingnomad.com
- rushN4
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Hello MO
just a quick question. have you ever traded future spreads?
here is a link for description
http://www.spread-trading.com/what-is-s ... rading.htm
just a quick question. have you ever traded future spreads?
here is a link for description
http://www.spread-trading.com/what-is-s ... rading.htm
No matter where life takes you, you will always check the market and always want to continue being a part of it. It's like that first true love, it will always be there no matter what the distance, no matter whether they are alive or dead.
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