I’m sure it is… Any new strategies that you came across with needs to be tested via Demo to find out if it is suited into your trading style but I guess it is good to learn other strategies and who knows maybe it can be added into what it is currently working or existing one and it can be benefited towards long term success.
Thank you.
Hello PipNRoll,
thank you for that…
I just read some of Van Tharp’s book, here: http://www.vantharp.com/matrix-mini-book-van-tharp.pdf
You can view the book up to the end of the first chapter for free, on that link…
How are you feeling about your trading, this month?
Yep. Actually, I got the hard copy of the book. I am in Section 1 Chapter 2 at the moment. I will not put this book down because I’ve done it a few times and ending up not finishing it. I got distracted so easily lol…
I don’t know yet what I feel about my trading this month. I will see what will entail this week. I will wait for ECB’s decision this week. US NFP result last Friday was a mixed of reaction. Pound is still making that higher high and I so wanted to short it in a short term basis but I will probably stay away for now. . Wait and see…that’s the best thing I can do for now. But while I wait, I read my book 
Hello PipNRoll… You clearly are a well-read contributor to these threads, and that is what makes you the excellent FX Honorary Member that you are… So, keep reading those books, and show us the way…
PS - I agree with everything you said…
You watch, read and learn when everything is going well and especially when everything is going bad or at a lose. I have learn that in order to moved forward with this and find successes is you do not stop. You just keep going. Don’t linger in a losing streak situation. Always find the solutions. This is not just in trading but also in our daily life.
Books are there just for our guide. The tricky part is when we start applying it. It may or may not work but atleast it gave you something to think about
Indeed! Books… and videos… They are a window into the mind of other traders, and give us food for thought… as long as we can, in the end, put some of the principles into our trading practice…
I am away to play the violin, now… Excuse me…
The downside about reading this book is they keep mentioning about " Van Tharp Institute ". I just wish they reduce some of this flagging advertisement. I get it he teaches this but common lets get to the meat already… Here comes my impatient again… Oh dear…bless my heart lol
I never would ridicule a person who is good at what they do and who get well paid for doing it - indeed this world would be all the poorer without such people.
But there also comes a time when I listen to that little voice within, the one that maybe whispers ‘follow your own learning, your experiences of ups and downs resonate more loudly than a well paid author’.
PNR, yes, I have read that book some time ago, it was entertaining but became boring and was relegated to my re-cycling bin.
Absolutely! It is good to learn from those who have been in this Industry/business for more than a decade. It will save us, hopefully, a decade of time to figure things out. No doubt he has been very successful for all this years for what he does either via trading and now teaching. Instead of me paying thousands of dollars to attend his " school", I’ll check out his book first but I doubt I will sign up for his class unless there is some sort of " scholarship" for free then I will 
lol
I think some people will find it boring if they are not that interested or it might be just how they write the book. For this instances, it seems it’s to much of advertisement. I just hope they cut those in half… Hmmm… I might just go to Amazon website and write my review on this but will see how the rest of the chapters of the book go.
Thank you…
Yep, won’t bother to link to his profile, but he is a doctor of psychology, also a certified Master Practitioner of Neuro Linguistic Programming (NLP), etc etc.
Did he ever sit a screen, just after pressing the buy button, and watch price fall off the cliff - and then realize he had forgotten to set a SL., or maybe even get so excited to see price move that he hit the wrong button at news release and going wow, wow, what is happening with that red number getting bigger, all the time his heart thumping louder and louder.
Nope, never has been there, after all he is a doctor - they don’t make silly mistakes.
Sorry PNR, I’m just getting cynical in my old age, think maybe I’ll write a book
Lol I wish they were true that they don’t make silly mistakes. It’s hard to believe that…
Maybe you should write a book called the " blue pill"… Less advertisement maybe…
[QUOTE=“PipNRoll;625299”] Lol I wish they were true that they don’t make silly mistakes. It’s hard to believe that… Maybe you should write a book called the " blue pill"… Less advertisement maybe…:)[/QUOTE]
Lol. The blue pill. Two references I can link that too. That’s funny. Don’t worry one losing month is no big deal hun, especially since you didn’t lose much Keep trading, you are doing great
Leg0nd, I’m reading your mind … LOL, you are thinking which to choose, red or blue, reality or the matrix, hmmm… nope, you are thinking of the age thing …
You are going to like my book, it’s called PMA, Positive Mental Attitude.
Man, have I got such an attitude … nothing, and I mean absolutely nothing in this world can defeat it - I choose the Red pill of Reality.
As for the other pill in your thoughts …Buíochas le Dia, not yet needed
Hello all…
My goodness, one moment we are talking about monthly profits,
and the next there is mention of Viagra?
I tell you, some currency pairs could do with some, like… USD/CHF (yawn)…
Well, going back to ‘peterma’, what is your book about?
Cheers.
PMH, sometimes us old timers who like to take things a little slower, like USD/CHF, have up our sleeves some of the most lucrative nuggets.
I have often posted that the swissy very often will show a far better risk/reward return than Fibre on news, do a little fwd test and see. (I disregard back testing, the market is always forward looking).
Now to my book.
It’s not about Fx, it’s not about music, it’s about … how to look the enemy in the eye, all of what the world tells you that that particular enemy always wins, yet you know, despite learned knowledge, that he will NOT win.
Lol… Good lord… What the hell lol what happen? I was referring to the blue pill from the Matrix guys not something else… Oh how funny!
Mr. Pete, you do not need to explain… “we get it” ;)… Oh let me do that again PMA. Seriously? Is that will comes and goes on a weekly or monthly basis? Lol
Okay, back to my book… Too much distraction around here… Lol
[QUOTE=“PipNRoll;625605”]Lol… Good lord… What the hell lol what happen? I was referring to the blue pill from the Matrix guys not something else… Oh how funny! Mr. Pete, you do not need to explain… “we get it” ;)… Oh let me do that again PMA. Seriously? Is that will comes and goes on a weekly or monthly basis? Lol Okay, back to my book… Too much distraction around here… Lol[/QUOTE]
Every time you post you get a plethora of responses. LOL. I’m not surprised you rarely post anymore. True you lost 8% and I know that took a toll on you. But getting showered with compliments and advice? Pssh I feel ya. I wouldn’t post on this forum either. “Read my book,” "check out my system, “keep going your doing just fine.” Hey, from a rational males perspective, keep reading your book. It’s got to be me entertaining lol.
Hello Everyone,
I am still here… My account is still alive and surviving at 2.75% for this month. I am okay with that.
I just realize that I have been actively trading and doing this for about 2 1/2 years part time. So far so good. Next month will be my sixth month putting my myfxbook in public. We shall see what the 6th month will bring and through the end of the year.
I hope you guys are keeping your profits month in and month out for what ever the amount is. The beauty about this business is no one really looking at your shoulders and checking your work out to see if you meet your target or not however, you have to be accountable for what you do. There is so much flexibility and we can use it to our own advantage.There is no set of rules or limits either of how much we can make as long as we stay with the process (your process) and be satisfied with the results or outcome.
What we are aiming for is Consistency and hopefully less of losing months.
To all here in the US, have a great Memorial Weekend!
It’s a lot of work but at the end, its all worth it
Your equity line was at zero while your balance line was around 50% profit. So you are holding onto losing trades for a long time. Interesting.