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Posted: Mon Mar 26, 2007 8:49 pm Post subject: You Losing Using The Wrong Trading Plan Or System |
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I've seen some amazing systems. I have witnessed phenomenal track
records, and have worked with some of the brightest minds in trading.
Do you want to know what they all have in common?
They all have a plan, not just any plan, they have a scientifically
proven trading plan that lets them trade the market of their choice
and achieve extraordinary results!
You see the SECRET of being a great trader is not always what you
think it is. Sometimes the difference between greatness and failure
can be money management or something as simple as where to place your
stop loss or just a solid method that works.
Most traders have the ability to make money in the markets but their
worst enemy is themselves. Think about this - Harry Houdini, probably
the best escape artist that ever lived, once failed to escape from a
safe, even though the safe door was unlocked! The reason he failed to
escape was because he was focused on trying to crack the safe. It
never occurred to him that the door was already open.
Trading is like that. Sometimes the smallest thing can turn your
trading around. Have you ever felt that you knew you could become a
successful trader but there was just that one thing that you didn't
understand or you just needed that one bit of information to succeed?
Here's another thought for you. In a recent survey 32.7% of drivers
thought that their driving ability was above average, and 28.6% of
drivers thought that their driving skills were well above average.
That means that 61.3% of drivers thought they were good drivers, yet
these are the same drivers that get into accidents every day.
http://tradingsyspit.blogspot.com/# |
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Flasherly Guest
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Posted: Tue Mar 27, 2007 4:04 am Post subject: Re: You Losing Using The Wrong Trading Plan Or System |
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Where you blow it is straight up front with scientifically proven --
no such thing among emphirical trends. The only proven scientific
evidence existing for trading in stocks through a well-oiled system is
a sound snakes make, being they hardly need a drop of oil to move the
way they do. There are plans and, then, there are plans. Like an
industry auto insurance policy and minimum requirements exercised
under state regulatory policies. I'm fortunate to be with Hartford.
They save me money in premiums because I'm not risk prone and,
historically, don't incur accidents. Hartford is an institution, and
like good fund institutions, they didn't get big by falling within a
61% percentile of loss you attribute to equity trading. Someone is
likely in need to literally cross over the median, in the center of
the road, and crash head-on to cause an accident with significant
damage to me. God forbid accidents happen to anyone exercising the
best care they are capable in protecting their well-being. Another way
to read that is to say there's a third of traders who do successfully,
through a proven scientific method, actively trade without loss for
the most of all profits. Two questions: 1) do you believe that, and,
2) within a probability of events, did you forsee someone actually
expecting you to identify such a system? Just in case either appeal,
how would you imagine they've acquired enough accumulated wealth and
by what means sufficient to afford indoor plumbing?
On Mar 26, 11:49 am, ibtoqhjmb...@yahoo.com wrote:
| Quote: |
I've seen some amazing systems. I have witnessed phenomenal track
records, and have worked with some of the brightest minds in trading.
Do you want to know what they all have in common?
They all have a plan, not just any plan, they have a scientifically
proven trading plan that lets them trade the market of their choice
and achieve extraordinary results!
You see the SECRET of being a great trader is not always what you
think it is. Sometimes the difference between greatness and failure
can be money management or something as simple as where to place your
stop loss or just a solid method that works.
Most traders have the ability to make money in the markets but their
worst enemy is themselves. Think about this - Harry Houdini, probably
the best escape artist that ever lived, once failed to escape from a
safe, even though the safe door was unlocked! The reason he failed to
escape was because he was focused on trying to crack the safe. It
never occurred to him that the door was already open.
Trading is like that. Sometimes the smallest thing can turn your
trading around. Have you ever felt that you knew you could become a
successful trader but there was just that one thing that you didn't
understand or you just needed that one bit of information to succeed?
Here's another thought for you. In a recent survey 32.7% of drivers
thought that their driving ability was above average, and 28.6% of
drivers thought that their driving skills were well above average.
That means that 61.3% of drivers thought they were good drivers, yet
these are the same drivers that get into accidents every day.http://tradingsyspit.blogspot.com/# |
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