New posts

Reply to thread

Message

Not as harsh as losing all his money. That is the reality. If you do not understand at least your own trading, you are highly likely to blow-up your account.

The years 2000-2003, 2007-2009 were huge learning opportunities (I would have loved to be trading in 1987, what an opportunity). If you were not trading then, you missed them. Looking at history can only take you so far. You need to live the market to fully appreciate the market. 2020 is a godsend for those serious about markets. It provides all you need to learn about trading bear markets.

Learning is an active process. It just doesn't happen via osmosis. It is good that he is willing. It is not good that he is missing object lessons being provided by the market.

How his 'paper' portfolio performs is worse than irrelevant, it is positively dangerous. Almost anyone can generate paper profits. Paper from real is 100% different. That however is not the central issue: the issue is that two critical factors are discounted as unimportant.

His paper portfolio is UNIMPORTANT. The other factors are CRITICAL.

jog on
duc

<blockquote data-quote="ducati916" data-source="post: 1077069" data-attributes="member: 2975">Not as harsh as losing all his money. That is the reality. If you do not understand at least your own trading, you are highly likely to blow-up your account.The years 2000-2003, 2007-2009 were huge learning opportunities (I would have loved to be trading in 1987, what an opportunity). If you were not trading then, you missed them. Looking at history can only take you so far. You need to live the market to fully appreciate the market. 2020 is a godsend for those serious about markets. It provides all you need to learn about trading bear markets.Learning is an active process. It just doesn&#039;t happen via osmosis. It is good that he is willing. It is not good that he is missing object lessons being provided by the market.How his &#039;paper&#039; portfolio performs is worse than irrelevant, it is positively dangerous. Almost anyone can generate paper profits. Paper from real is 100% different. That however is not the central issue: the issue is that two critical factors are discounted as unimportant.His paper portfolio is UNIMPORTANT. The other factors are CRITICAL.jog onduc</blockquote>

[QUOTE="ducati916, post: 1077069, member: 2975"] [FONT=Book Antiqua]Not as harsh as losing all his money. That is the reality. If you do not understand at least your own trading, you are highly likely to blow-up your account. The years 2000-2003, 2007-2009 were huge learning opportunities (I would have loved to be trading in 1987, what an opportunity). If you were not trading then, you missed them. Looking at history can only take you so far. You need to live the market to fully appreciate the market. 2020 is a godsend for those serious about markets. It provides all you need to learn about trading bear markets. Learning is an active process. It just doesn't happen via osmosis. It is good that he is willing. It is not good that he is missing object lessons being provided by the market. How his 'paper' portfolio performs is worse than irrelevant, it is positively dangerous. Almost anyone can generate paper profits. Paper from real is 100% different. That however is not the central issue: the issue is that two critical factors are discounted as unimportant. His paper portfolio is UNIMPORTANT. The other factors are CRITICAL. jog on duc[/FONT] [/QUOTE]

Verification