About a month ago, I decided to become a member on this forum, instead of just an observer. I've gotten a great deal out of it so far, and I've appreciated many have been to discussing the various facets of trading.
However, of course I've noticed many. . .many many many.... Who are fighting, or just outright failing. And a few.
I have been able to do so for a full time income for many years now, but along the way there are many, many tools I had to find, develop, and increase my tool kit in order to do so with almost any lasting success.
I believe some are just not cut out to do so.... In precisely the same way not everyone is cut out to be a pilot, an interior decorator, or even an engineer.
However, I also think there are many who could, but have not yet learned what it is that they need to in order to perform this with some amount of standard achievement.
When I had to speculate on a number, I'd say probably 50 percent of those who try probably will constantly struggle, possibly 25% could do it successfully, but likely lack the raw talent (for lack of better term ) to make it big (but might become skillful, and also make some cash over time), and then there are probably about 25% that try who really can become rather great, and create a very good full time earnings or even get really rich, but lack the resources to do it properly.
So, the idea with this thread is to explain a few of the instruments that I believe almost every fighting trader could benefit from, and give folks an opportunity to possibly see something or try something that they haven't tried or seen before... be it a new sort of analysis, or even looking at a psych issue, or cash management, or whatever.
Something like a menu of components and skills. . .all of which should be considered if you would like to boost your trading.
Oh, and BTW: feel free to post a question, cause of sucking (I know. . I understand. Sounds like some thing else) , the case study, personal situation, personal trading conflicts, etc. I will not continue this much whether it is mostly a monologue.
For the time being, I've limited this to be a thread which requires at least 1 rep to take part in, because I need at least a few standard of posts, also allowing ANYONE to article can result in a lot of off topic and even ty thread interactions in a thread in this way.
IF YOU WANT TO POST BUT DON'T HAVE 1 REP: send me a PM, and I will set you on the list so you can contribute... I think if someone is willing to make the effort to send me a PM with why they would like to post here, they're likely sincere enough in wanting to take part in an objective, honest, eduional, tounge in cheek sort of thread.
With that said, I am going to start with the inaugural why you suck trading post under -