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Humphrey et al,
You've seen a ton of advise here and there about trading. Very little can ge
added to it and when an experienced trader begins to explain what it is that
works, it begins to sound like the doctrine of an eastern religion or a
psychology book.
The reality of trading is that there is nothing easy about it. The inherent
balance of being told to CONTROL YOUR RISK and understanding at the same
time that THE GREATER THE RISK THE GREATER THE REWARD should immediately
tell you that you've got a problem. The person that risks large and wins
large gets into the headlines of some publication. They don't bother to list
the thousands that went down in flames. Luck DOES play a small part in
trading.
How many would be football players don't become pros, or any other sport for
that mater. Trading is very much like that.
Over the course of my being associated with the forum I have seen excellent
trading concepts presented in full, no secrets. You can lead a horse to
water but you can't make him drink. It's also true with traders.
Don't feel bad about the amount of time you spent. Many have spent more than
10 times as much without success. There is no one answer, there are many
holy grails. Most people are better off putting their money in a bank or
another extemely low risk investment. Quit or go on, think carefully about
it.
Brent
-----Original Message-----
From: Humphrey D Geiseb <okombahe@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, April 09, 1999 1:44 PM
Subject: Making $$$ from Trading
>having lived in RT land for over one year. I am
>wondering whether I am trading as a hobby or making
>ends meet with this thang
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