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People come to the market expecting to just explode into wealth, to outsmart, out psych out courage all.
It's obvious watching TV, that the market will come back, it always does.
It just can't be that hard.
That's logical and true and is the trap for a wanna be trader.

A brilliant trader who can really do well, will not give away their secret.
They probably can't because it can be a massively complex moving beast of intelligence that incorporates perception, behaviour, knowing how traders trade, rare moments of intuitive clarity, flipping etc that are unexplainable and on and on.

I have to say that I did find it curious that Nick Radge called his last book Unholy Grails.
I thought, "Hmmm, gee Nick, that's really not much of a title. Your really not spinning anything with that. Cool."
I mean Something Like, 'Lose Weight by Making Millions Trading' would jump off the shelf much faster.
Then I thought, 'Well, I guess it could appeal to all those who have tried and tried and inevitably failed.'
That's most people who trade without being fully geared up with what it's all about.
Good for current environment especially, when it was released!

Smart.

Nothing wrong with that. It's a book.

You either need a robust system that is developed by a very experienced smart person or people who are more experienced and better at devoloping such a system than you can hope to be or could do in a relativly profitable amount of time!!! But even then the art is you need to be able to stick to it through thick and thin!!

In short you need to know yourself and play to your weeknesses and strengths in a counter entuitive environment that makes a mokery of your natural good business instincts.

Almost, no one can trade profitably in a human untested unsystematic way.
Which is something you need to know and use to your advantage.

Starting with: I can't trade, I am the worst trader that ever lived.
OK, so when I think I should aboslutly buy, I will short.
When I think that price is rediculous it has just gone and gone and gone, I should short it - buy.

You can be taught to bat but there aint many Bradmans, Buffets or Jobs.

Investing on the other hand is different it has little to do with the market or trading day to day.

So they say - risk reward for short to medium term trading - 90% chance of losing 10% chance of winning.

Gonna take that trade?

<blockquote data-quote="notting" data-source="post: 747804" data-attributes="member: 21105">People come to the market expecting to just explode into wealth, to outsmart, out psych out courage all.It&#039;s obvious watching TV, that the market will come back, it always does.It just can&#039;t be that hard.That&#039;s logical and true and is the trap for a wanna be trader.A brilliant trader who can really do well, will not give away their secret.They probably can&#039;t because it can be a massively complex moving beast of intelligence that incorporates perception, behaviour, knowing how traders trade, rare moments of intuitive clarity, flipping etc&nbsp; that are unexplainable and on and on.I have to say that I did find it curious that Nick Radge called his last book Unholy Grails.I thought, &quot;Hmmm, gee Nick, that&#039;s really not much of a title. Your really not spinning anything with that.&nbsp; Cool.&quot;I mean Something Like, &#039;Lose Weight by Making Millions Trading&#039; would jump off the shelf much faster.Then I thought, &#039;Well, I guess it could appeal to all those who have tried and tried and inevitably failed.&#039;That&#039;s most people who trade without being fully geared up with what it&#039;s all about.Good for current environment especially, when it was released!Smart.Nothing wrong with that.&nbsp; It&#039;s a book.You either need a robust system that is developed by a very experienced smart person or people who are more experienced and better at devoloping such a system than you can hope to be or could do in a relativly profitable amount of time!!!&nbsp; But even then the art is you need to be able to stick to it through thick and thin!!In short you need to know yourself and play to your weeknesses and strengths in a counter entuitive environment that makes a mokery of your natural good business instincts. Almost, no one can trade profitably in a human untested unsystematic way.&nbsp; Which is something you need to know and use to your advantage.Starting with: I can&#039;t trade, I am the worst trader that ever lived.OK, so when I think I should aboslutly buy, I will short.When I think that price is rediculous it has just gone and gone and gone, I should short it - buy.You can be taught to bat but there aint many Bradmans, Buffets or Jobs.Investing on the other hand is different it has little to do with the market or trading day to day.So they say - risk reward for short to medium term trading - 90% chance of losing 10% chance of winning.&nbsp; Gonna take that trade?</blockquote>

[QUOTE="notting, post: 747804, member: 21105"] People come to the market expecting to just explode into wealth, to outsmart, out psych out courage all. It's obvious watching TV, that the market will come back, it always does. It just can't be that hard. That's logical and true and is the trap for a wanna be [B]trader[/B]. A brilliant [B]trader[/B] who can really do well, will not give away their secret. They probably can't because it can be a massively complex moving beast of intelligence that incorporates perception, behaviour, knowing how [B]traders[/B] trade, rare moments of intuitive clarity, flipping etc that are unexplainable and on and on. I have to say that I did find it curious that Nick Radge called his last book [B]Unholy Grails[/B]. I thought, "Hmmm, gee Nick, that's really not much of a title. Your really not spinning anything with that. Cool." I mean Something Like, 'Lose Weight by Making Millions Trading' would jump off the shelf much faster. Then I thought, 'Well, I guess it could appeal to all those who have tried and tried and inevitably failed.' That's most people who [B]trade[/B] without being fully geared up with what it's all about. Good for current environment especially, when it was released! Smart. Nothing wrong with that. It's a book. You either need a robust system that is developed by a very experienced smart person or people who are more experienced and better at devoloping such a system than you can hope to be or could do in a relativly profitable amount of time!!! But even then the art is [B]you need to be able to stick to it through thick and thin!![/B] In short you need to know yourself and play to your weeknesses and strengths in a counter entuitive environment that makes a mokery of your natural good business instincts. Almost, no one can [B]trade[/B] profitably in a [B]human[/B] untested unsystematic way. Which is something you need to know and use to your advantage. Starting with: I can't trade, I am the worst trader that ever lived. OK, so when I think I should aboslutly buy, I will short. When I think that price is rediculous it has just gone and gone and gone, I should short it - buy. You can be taught to bat but there aint many Bradmans, Buffets or Jobs. Investing on the other hand is different it has little to do with the market or trading day to day. So they say - risk reward for short to medium term trading - [B]90% chance of losing[/B] 10% chance of winning. Gonna take that trade? [/QUOTE]

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