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- 16 February 2008
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Miss the entire point tech. It's not an agruement of brains V balls, it's the fact that even with brains, you need balls if you want to make any decent money in this game.
There may well be traders out there who ride around on Black Horses 6 guns blazing,cigars hanging out of every orifice,tattoo's on every appendage,more girls than Hugh Hefner and bank accounts like Fort Knox---albeit temporary--with egos to match---albeit temporary.
Traders punching in over sized orders like Boxers on Ice---jumping around like psychopaths who have lost their car keys and looking like bad actors alongside Michael Douglas in "Wall Street".
I'll back brains over balls every day.
Miss the entire point tech. It's not an agruement of brains V balls, it's the fact that even with brains, you need balls if you want to make any decent money in this game.
correct mrc as i first said 0.50% would never do it for me...to make decent coin you gotta show some dash...
no dash no cash
i cant even spell metafor
You are right nun, but these conflicts of interest sure make for a good argument.The way i see it is ......... IF one is using a set of guidlines that work for them THEN they are correct regardless of what any one else has got to say .it works ..simple
what works for some ppl may not work for others
if we all stuck to the same rules , there would not be a market .simple really
You are right nun, but these conflicts of interest sure make for a good argument.
I think where tech is coming from is that he treats his trading as business. Very little emotion involved.
This attitude is to be expected considering his background.
all trading should be regarded as a business
I'll back brains over balls every day.
Miss the entire point tech. It's not an agruement of brains V balls, it's the fact that even with brains, you need balls if you want to make any decent money in this game.
Business in the way he perceives business is done (which of course isnt jumping around on ice).
need brains AND balls in ANY business otherwise you will always be playing second fiddle to the other bloke
I remember reading it put this way as it relates to elite sprinting -- "When the body is ready, the mind knows it". Basically, get the skills in place and the head will follow.
Every time you rehearse a skill you are conditioning the mind to respond in a certain way. I think that most of the psychological problems people encounter are related to a lack of adequate preparation...
Miss the entire point tech. It's not an agruement of brains V balls, it's the fact that even with brains, you need balls if you want to make any decent money in this game.
No I do understand what your saying and you may know people who actually trade like this (The trade they are in could send them bankrupt).
We have all met the all or nothing guys and very few have it all and many more have had it and now dont. My perception has stead me fast for 35 yrs of various business and I have started again twice--I have no intention of doing it a third time.
you will outperform those not able to pull the trigger, by a country mile!
MRC
Do you really think THEY think they have balls or do you think traders who cant imagine/precieve trading with the size they do think they MUST have huge kahunas?
Its said that 90odd % fail in both Business and Trading.
Its also said that most fail in the first 3 yrs.
How many of these guys have 3+ years under their belt?
Sure there will be the top % that do survive and generally those that do survive very well.
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