Why are we afraid of simplicity? - Page 2
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Thread: Why are we afraid of simplicity?

  1. #11
    Quote Originally Posted by ;
    if I might only jump in here and say...I had been reading the beggining of this thread and got a bit frued and jumped straight to posting my response....Let me start by saying that I am a entire newbie to this and have just traded demo for approximately 6 months to no avail what ever....My difficulty for a newbie is not whether I need a lot of indiors or easy price action but I need what works. . .every where about these forums you can find many conflicting information about what's right and what is incorrect it seems it would not be possible for anybody to attain the right info in order to become succesful...I saw alot of people bashing people who only need ea's and dont wish to do all of the hard work...I have no issue with the hard work what so ever but by that rational would you turn into a thousand dollar gift if presented to you since you believe you didnt work for this? Cause I sure as hell wouldnt and Should I . They let you remove emotion and trade just like a robot. One would result in beleive that an ea are the perfect way to go. . .not also be idle but assure your removing your emotions and trading your strategy without deviation....Like I stated I am completely new to this and my apologies if my opinion offends anyone. . .So how can that 5% become profitable...I dont care how much work it requires, stear me in the ideal direction and I assure you that I would have more than enough preserviernce....how ever occasionally I get the feel that the 5% that are really making it are probably on those articles and forums. Only not to help but to purposely deceive the other 95% so they can keep on taking our cash....phew...I feel much better now....
    A fantastic start is to utilize some paragraphing! Lol!

    Just messing dude.

  2. #12
    I had to bump this. . I was looking through some of Hunting Light's posts since I started trading again in the Private Forum. This is gold and that I believe everyone has experienced at some time in their trading careers.

    Referring to the 5 steps to becoming a trader.

  3. #13
    This is a 2006 thread, of which the antepenultimate article was created in 2008, but now that it's been bumped a couple of hours back...


    Quote Originally Posted by ;
    if the simple stuff works - and this is being shown daily about the PF and from traders like Vegas, Diallist, James16 and many others here on the variable - then why is it that we strive to keep on inventing new means of combining indiors and learning new rules and rulesets, if the simplest of systems have been demonstrated and work?
    I strongly suspect that most of the response is psychological investment.

    The great majority of aspiring forex traders possess very gradually but persistently, continuously and inexorably bought into the idea that compliions must be essential since it's rather tricky to make a living in this manner, according to the fact that few become profitable, and that's become equally self-fulfilling and self-propagating.

    Individuals (and maybe especially aspiring forex traders? ) ) Like to Be Right, as their faith are self-reinforced, it become close to impossible for them to endure the essential paradigm-shift to love this among those few who are now making a living out of it, the consensus of opinion about complied stuff and notably indiors is a very, very different individual.

    Some might even rather be unsuccessful and right than alter their perspective.

    Michael Shermer has written a lot about this syndrome in several of his books. There is even evidence that those beliefs are strengthened by presenting people, under these circumstances, with evidence that their beliefs may be mistaken.

    Since you ask(ed)...

  4. #14
    Quote Originally Posted by ;
    This really is a 2006 thread, where the antepenultimate article was created in 2008, but it's been bumped a couple of hours ago... quote I strongly suspect that the majority of the response is emotional investment. The excellent majority of aspiring forex traders have very slowly but persistently, always and inexorably bought into the concept that compliions have to be necessary since it's rather difficult to earn a living in this manner, as evidenced by the fact that few become profitable, and that's become both self-fulfilling and self-propagating....
    Than to convince them that they've been fooled, it is much easier to fool folks. -- Mark Twain

  5. #15
    Since Gambling is the dumbest game that one can lose money at - Alongside gambling and Nearly indistinguishable - it's to be made to Become very complied and very sophistied to Provide a Feeling of legitimacy to enthrall the gullible sheeple That will Immediately lose all their Cash and then realize I lost all my money, one must be a genius and Also a super Zen monk to win this, no wonder very few succeed, I must Research more, buy more Publications, training, find a mentor...
    Yesterday's Enormous drop in the Euro is a Fantastic example - Tens of Thousands of accounts were wiped out

  6. #16
    Quote Originally Posted by ;
    Since gambling is the strangest sport that someone can lose money at - alongside betting and almost equal - it has to be made out to become quite complied and quite sophistied to provide an aura of legitimacy to enthrall the gullible sheeple that will quickly lose all their cash and then realize I lost all my money, one has to be a genius and also a super Zen monk to triumph this, no wonder very few succeed, I must research more, buy more books, training, find a mentor... Yesterday's huge fall in the Euro is a fantastic example - tens of thousands of accounts were wiped...
    This might be quite accurate but managing risk is a whole different story. Yesterday I myself had a fantastic day. We should not trade on emotion but rather that which we see in the charts and that which we hear in the news.

  7. #17
    Quote Originally Posted by ;
    Why are we afraid of ease?
    Overcomplied trading methods are preponderent among amateur traders because they approach trading together with the misconception that a fantastic system/method is one which maximizes profit. This often leads to indior and overfitting overkill. Methods tend to be easier and tend to make money on the table and experience unprofitable whipsaws.
    Quote Originally Posted by ;
    the gullible sheeple that will immediately lose all their cash and then realize I lost all of my money, one must be a genius and also a super Zen monk to win this, no wonder very few succeed, I must study more, buy more books, training, find a mentor...
    LOL

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