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Show me the money! [Daytrading] Need some trade ideas for today? Want to share your own intraday trade ideas? If you're the next Jerry Maguire and can show us the money then this thread is for you. Also, check out the School of Pipsology if you want to learn which timeframe you should trade in.

 
 
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Old 11-07-2009, 07:40 AM
Valkryder's Avatar
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Quote:
Originally Posted by cas View Post
Books of theory are of no use if A.C.T.I.O.N. is not taken.

You can fill your headspace with all the theory you like...in the end it comes down to required behaviour that any given situation while in a trade demands.

Trading isn't suited for people who are undisciplined, lazy, disorganized and fearful. That applies to their psychology and their mental state as well.

Unless above behaviour is identified, accepted, dealt with and modified no successful trading over any length of time will be forthcoming.

The sooner people get that fluff out of their headspace that successful trading can be archieved without serious commitment to all aspects of trading the higher the probability that they make it into the 5% group.

People have to begin the process where they are. Did you ever wonder why most professions begin with an extensive study of THEORY in the beginning before delving into practical application? Trading is no different.
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