Thank you all for the info. Have been focused on just trading a
couple setups the past 6 months and have done well but feel like I
need to be a bit more well rounded when it comes to TA, macro econ.
and def the psychological aspect of trading. Funny how when you
start trading you think it’s all about tactics but quickly realize
that it’s mostly all about the mental game.
exactly man - you can be the best chart technician in the word,
and a shitty trader because of your mentality, lack of trade
disciple and emotions, and poor money management. You can
also be a weak technician but a very good trader because you have
all the mental stuff nailed down and great money management - in
fact Steve and I both know a guy who is a really good trader at
what he does (he found a little niche) and just focuses on that,
but as a technician he pretty much sucks. The best of course
is to be well rounded and know both the technicals and have the
money management and mentality nailed. Too many guys when
first starting out only focus on the technicals thinking that if
they completely master the charts they will have it down - but the
other side is just as important, well in reality even more
so.
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Thank you all for the
Hi all, what are considered the go to books for ...
Posted by davidw on 1st of Jan 2019 at 02:50 pm
Thank you all for the info. Have been focused on just trading a couple setups the past 6 months and have done well but feel like I need to be a bit more well rounded when it comes to TA, macro econ. and def the psychological aspect of trading. Funny how when you start trading you think it’s all about tactics but quickly realize that it’s mostly all about the mental game.
exactly man - you can
Posted by matt on 1st of Jan 2019 at 04:10 pm
exactly man - you can be the best chart technician in the word, and a shitty trader because of your mentality, lack of trade disciple and emotions, and poor money management. You can also be a weak technician but a very good trader because you have all the mental stuff nailed down and great money management - in fact Steve and I both know a guy who is a really good trader at what he does (he found a little niche) and just focuses on that, but as a technician he pretty much sucks. The best of course is to be well rounded and know both the technicals and have the money management and mentality nailed. Too many guys when first starting out only focus on the technicals thinking that if they completely master the charts they will have it down - but the other side is just as important, well in reality even more so.