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Old 12-03-2010, 12:53 PM
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Default Trading from a Learner's Perspective

this is a typical thread where many aspect will be dealt from learner's aspect, then move upto advance learner's practical view and development ,then pro's idea and guidance for consistent earning from market.
...........
i believe in KISS ,
i belive in mature mind, since its initiation, stock trading characteristic may be given priority .
No call/query of individual stock should be discussed , basically strategic thought process is on priority
this guideline ,suitably modified for intra day, F & o , commodity based characteristics ..........may be applied by individul , with flare and application of tactics
....................
utmost care is taken , to write only +ive expectency return case only, though market variability may differ its application

Last edited by oilman5; 12-03-2010 at 03:02 PM. Reason: typo
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Old 12-03-2010, 12:58 PM
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First a learner should be guided by inquisitiveness , not by greed.
if greed is driving force to look at market, pl throw away that wrong notion first.
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Old 12-03-2010, 01:01 PM
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2nd
..... It takes time to learn . patience is a virtue.
if u dont have it , develop and practice it.
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Old 12-03-2010, 01:07 PM
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3rd
.......Do u understand the value of discipline and reading and syncronizing in life ?

if not spend some yr to do this.
here i find the root cause of failed trader,........they failed here.
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Old 12-03-2010, 01:26 PM
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4th
......
r u an independent personality ? Most learner may differ, its not an wish, but necesity .
BY simple term , u can consider/calculate other's contribution to your daily life monitorily and pay back it .
So u r +ive , not a liability.this concept i found exceptionally useful in trading ,all sorts of business and understand strategic thought process .
A leverage personality on the otherhand lives on mercy of others. ....good for service work , but a total NONO trade learner.
..............................................
now all advance learners can understand why it takes........and why novices lives on confusion. novices dont solve/overcome this 4steps
......before seeing the blue print of trade learning .......this principle r to be in ur heart.
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Old 12-03-2010, 01:59 PM
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Originally Posted by oilman5 View Post
First a learner should be guided by inquisitiveness , not by greed.
if greed is driving force to look at market, pl throw away that wrong notion first.

Good point and very important.
__________________
In a fight between you and the markets, back the markets.
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Old 12-03-2010, 02:28 PM
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So a novice understands a]inquisitiveness [b]time to learn . patience is a virtue [c] discipline and reading and syncronizing in life [d]independent personality
.............So many fools without understanding it make a hard knock on market-wall ,forgetting workdone principle ........force x distance. so their effective effort o.
..................
Instead they should understand what is reqd............if its not with him/her , he has to cultivate it,....thats why behavior modification
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Old 12-03-2010, 02:31 PM
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Soon other 2 factor......mother of any venture,......time management and knowledge comes
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Old 12-03-2010, 02:38 PM
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now comes another exceptional quality PERSISTENCE......its unique in trading field, insistence to comeback for fighting for another day.
.............
Pros know when not to come back, when to accept challenge.......So av joe understand that. Pro is superior , also know flexibility
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Old 12-03-2010, 02:59 PM
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SO time management and knowledge , PERSISTENCE....r taken care of and aim for flexibility and suitability.

now as a new venture ......reqd balance confidence ,,,,,that is called for. To create this balance confidence.........we normally follow some back testing, what works in past.....those in advance stage , plan for FUTURE market condition , some prepares with action guideline , with hypothetical WHAT IF scenario .IN any case ur own personal trade experience....r also to be correlated , a good trader adds also EQUITY CURVE analysis.
[ some person calls it draw down /without money simulation test]
...................
MIND it, i dont mention RISK/reward analysis...............that shall come in entry system later
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