While I was sitting on my balcony, drinking some alcohol
and listening to the cicadas under the music of White Hills...
I thought, lets write down some of my answers I use to give to friends
who ask me about trading through tweeter and facebook or emails...
In English? Hell Yeah!!
Usually they ask for available platforms/brokers..spreads...
leverage...systems... any opinion on markets...and so on....
My first question..
How long time are you playing forex ( or anything else)?
Are you a consistent (profitable) winner/trader and for how long?
I suppose you know the answer....
So then I am going directly to the point without any further delay..
Dont STOP or START trading in demo / paper trading!!
By the time you will succeed, minimum, two..three..four.. profitable months on the row then come back and we can discuss anything you may need...
When i say profitable months, i mean by applying realistic rules of trading...
So forget opening 100.000$ demo accounts...
Limit your "zeroes" in your real life...
You must have a complete track record with countless notes...
as entry..exit..stop loss..R/R..reasoning...and so on...
You DO understand that if you cant succeed on having at least two realistic...
profitable...months, you will not be able to survive...Dont you?
Its like you are a soldier...You want to fight the bad guys...But you have
never been practised in battle exercises...
WTF??? Where are you going dude?
The chances are already very small you to succeed...Typically we are
just trying to improve our probabilities to survive some time more....
Sorry girls and boys...this is the truth...As soon as we embrace the truth..
we can proceed to the next step...
The next step?....Patience...
Trade well...
THEHAWK
P.S. If you liked it...please share.. thanks..
and listening to the cicadas under the music of White Hills...
I thought, lets write down some of my answers I use to give to friends
who ask me about trading through tweeter and facebook or emails...
In English? Hell Yeah!!
Usually they ask for available platforms/brokers..spreads...
leverage...systems... any opinion on markets...and so on....
My first question..
How long time are you playing forex ( or anything else)?
Are you a consistent (profitable) winner/trader and for how long?
I suppose you know the answer....
So then I am going directly to the point without any further delay..
Dont STOP or START trading in demo / paper trading!!
By the time you will succeed, minimum, two..three..four.. profitable months on the row then come back and we can discuss anything you may need...
When i say profitable months, i mean by applying realistic rules of trading...
So forget opening 100.000$ demo accounts...
Limit your "zeroes" in your real life...
You must have a complete track record with countless notes...
as entry..exit..stop loss..R/R..reasoning...and so on...
You DO understand that if you cant succeed on having at least two realistic...
profitable...months, you will not be able to survive...Dont you?
Its like you are a soldier...You want to fight the bad guys...But you have
never been practised in battle exercises...
WTF??? Where are you going dude?
The chances are already very small you to succeed...Typically we are
just trying to improve our probabilities to survive some time more....
Sorry girls and boys...this is the truth...As soon as we embrace the truth..
we can proceed to the next step...
The next step?....Patience...
Trade well...
THEHAWK
P.S. If you liked it...please share.. thanks..
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