This is a ribbon for mindset.
”The wisest man knows that he knows nothing, the idiot thinks he knows all.”
But wisdom is gained through experience; comprehension on the other hand is learned.
Young traders (like me) lack experience, lack knowledge. But we could fall and get up again. Attempt to learn from other people's mistakes and we can try to learn.
There's not any good reason for trial and error, no reason to dismiss real accounts of hard earned money (even if you are wealthy ). Don't reinvent the forex wheel; there are many awesome threads here for trading methods already in FF.
To each their own.
In case you have truly learned a procedure, whether it is:1. Long-term trading2.Short term tradingBased on:1. Technical Analysis2.Price Action3.Fundamental Analysis4.Automated Systems5.Etc.
Unless the system is truly flawed, then the only blame for failure is that the trader him/herself.
Forex is an ongoing learning procedure.
The more I trade, the more I learn about myself. I feel this.
I learn I can get greedy, I can get pissed off. I will throw act and blame as a fool when things are not bad.
I also learned I can come back from a blown account, that I've got focus and a thirst for understanding.
I really don't know what we will talk here (or if things will probably be discussed at all).
Thoughts, rants, arguments, ambitions, and only anything related to forex can shared here.
We are all traders . Don't trade.
Thread Title made from http://www.forbes.com/special-report...-under-30.html
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