Trading for dummies

Trading is often about how to take the appropriate risk without exposing yourself to very human flaws.

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Kai
Posts: 6092
Joined: Tue Jan 20, 2015 12:21 pm

Great (movie) taste there Gaz, same as with your avatar 👍

The bare awkward truth is, we all need some sort of validation at times and I'll happily shake the hand of the first trader I see that doesn't need it, but many of us have also helped and pushed others to full-time status so it's clearly not all about flexing one's wit for the sake of it and to feel better afterwards.

It's not all superficial and there is a big picture here, there's a certain camaraderie between traders similar to the one of soldiers where testing your wits against the market and yourself is akin to going to war. Therefore, I prefer to give credit where it is due, instead of instinctively trying to deny it and try to poke holes in arguments instead. I ultimately give credit because I respect my fellow trader, to me he is a battle-scarred veteran and probably deserves a medal or two.

By the way, some real talk for a change, this sense of camaraderie is exactly the thing that I liked about this community in the first place, even though I'm aware that I don't really belong here and don't really much left to do here either. Most of us are still not full on hermits and sometimes still enjoy this sense of belonging, which lest we forget is a powerful core human need.

And to stay on topic which is "reading between the lines", things are usually much simpler than they appear, when it comes to the community at least. Someone might come back just to settle an old score (fair comment, no?), someone might come back to help revive the forum after a difficult DDoS period (couldn't ignore Derek's plea), while someone else might quit out of seemingly political reasons (that would be a shame).

But there is no need for absolutist thinking here and no need for absolutes, so no real need to make big comebacks or dramatic exits. I'm pretty sure I can safely speak on the behalf of most people when I say that the forum will always be there if and when you need it.

And that's without all the newbie advice that gets taken for granted, I think the full-timers probably benefit the most since they can always get assistance on the more concrete stuff when and if they need it. So at the end of the day the forum is a great resource and it's there when genuine traders need it the most, it has proven that countless of times, twice in my case and I'd be a complete fool not to give anything back, anyone can pitch in for the greater benefit of everyone involved. Show me a better community with a better track record, I'll wait...

Enjoy your Sunday folks ✌
User avatar
Trader724
Posts: 559
Joined: Fri Dec 27, 2019 11:22 pm

gazuty wrote:
Sat Feb 13, 2021 10:23 pm

https://www.youtube.com/watch?v=rMz7JBRbmNo
Are you good at chess? For me, it's still the most enjoyable game, although I don't have many opponents to match. It's interesting how for any situation you have a very limited number of smart moves available but in the end the difference is huge if you choose to do the ones that seem the worst in front of the opponent. When I was a child at school, that's how I managed to win against my teachers.
User avatar
beermonsterman
Posts: 522
Joined: Sun Dec 25, 2016 2:47 pm
Location: Birmingham UK

Kai wrote:
Sun Feb 14, 2021 6:41 am
Great (movie) taste there Gaz, same as with your avatar 👍

The bare awkward truth is, we all need some sort of validation at times and I'll happily shake the hand of the first trader I see that doesn't need it, but many of us have also helped and pushed others to full-time status so it's clearly not all about flexing one's wit for the sake of it and to feel better afterwards.

It's not all superficial and there is a big picture here, there's a certain camaraderie between traders similar to the one of soldiers where testing your wits against the market and yourself is akin to going to war. Therefore, I prefer to give credit where it is due, instead of instinctively trying to deny it and try to poke holes in arguments instead. I ultimately give credit because I respect my fellow trader, to me he is a battle-scarred veteran and probably deserves a medal or two.

By the way, some real talk for a change, this sense of camaraderie is exactly the thing that I liked about this community in the first place, even though I'm aware that I don't really belong here and don't really much left to do here either. Most of us are still not full on hermits and sometimes still enjoy this sense of belonging, which lest we forget is a powerful core human need.

And to stay on topic which is "reading between the lines", things are usually much simpler than they appear, when it comes to the community at least. Someone might come back just to settle an old score (fair comment, no?), someone might come back to help revive the forum after a difficult DDoS period (couldn't ignore Derek's plea), while someone else might quit out of seemingly political reasons (that would be a shame).

But there is no need for absolutist thinking here and no need for absolutes, so no real need to make big comebacks or dramatic exits. I'm pretty sure I can safely speak on the behalf of most people when I say that the forum will always be there if and when you need it.

And that's without all the newbie advice that gets taken for granted, I think the full-timers probably benefit the most since they can always get assistance on the more concrete stuff when and if they need it. So at the end of the day the forum is a great resource and it's there when genuine traders need it the most, it has proven that countless of times, twice in my case and I'd be a complete fool not to give anything back, anyone can pitch in for the greater benefit of everyone involved. Show me a better community with a better track record, I'll wait...

Enjoy your Sunday folks ✌
I'm starting to appreciate the bigger picture with this forum nice words Kai
Trader Pat
Posts: 4327
Joined: Tue Oct 25, 2016 12:50 pm

Kai wrote:
Sun Feb 14, 2021 6:41 am
Great (movie) taste there Gaz, same as with your avatar 👍

The bare awkward truth is, we all need some sort of validation at times and I'll happily shake the hand of the first trader I see that doesn't need it, but many of us have also helped and pushed others to full-time status so it's clearly not all about flexing one's wit for the sake of it and to feel better afterwards.

It's not all superficial and there is a big picture here, there's a certain camaraderie between traders similar to the one of soldiers where testing your wits against the market and yourself is akin to going to war. Therefore, I prefer to give credit where it is due, instead of instinctively trying to deny it and try to poke holes in arguments instead. I ultimately give credit because I respect my fellow trader, to me he is a battle-scarred veteran and probably deserves a medal or two.

By the way, some real talk for a change, this sense of camaraderie is exactly the thing that I liked about this community in the first place, even though I'm aware that I don't really belong here and don't really much left to do here either. Most of us are still not full on hermits and sometimes still enjoy this sense of belonging, which lest we forget is a powerful core human need.

And to stay on topic which is "reading between the lines", things are usually much simpler than they appear, when it comes to the community at least. Someone might come back just to settle an old score (fair comment, no?), someone might come back to help revive the forum after a difficult DDoS period (couldn't ignore Derek's plea), while someone else might quit out of seemingly political reasons (that would be a shame).

But there is no need for absolutist thinking here and no need for absolutes, so no real need to make big comebacks or dramatic exits. I'm pretty sure I can safely speak on the behalf of most people when I say that the forum will always be there if and when you need it.

And that's without all the newbie advice that gets taken for granted, I think the full-timers probably benefit the most since they can always get assistance on the more concrete stuff when and if they need it. So at the end of the day the forum is a great resource and it's there when genuine traders need it the most, it has proven that countless of times, twice in my case and I'd be a complete fool not to give anything back, anyone can pitch in for the greater benefit of everyone involved. Show me a better community with a better track record, I'll wait...

Enjoy your Sunday folks ✌

Well said Kai
User avatar
beermonsterman
Posts: 522
Joined: Sun Dec 25, 2016 2:47 pm
Location: Birmingham UK

Trader724 wrote:
Fri Feb 12, 2021 2:55 pm
beermonsterman wrote:
Fri Feb 12, 2021 2:30 pm
Im saying nothing :D :D
Or at least until I've had a few beers and the tinfoil hat will come out :lol: :lol: :lol: :lol:
Everyone knows what I mean, but I won't bother to argue with everyone. Whoever is intelligent enough will understand what is to be understood.
Sorry trader I only just noticed your reply I was just implying to my own post last week when I launched an attack on why this forum feels cold to newbies I ended up imploding shaking in the corner with my tin foil hat on lol although now I am starting to see what this forum is actually about and do see its value
reminds me of the saying if you know you know
and admittedly I'm usually politically incorrect so just my 2 pence as usual
User avatar
Trader724
Posts: 559
Joined: Fri Dec 27, 2019 11:22 pm

beermonsterman wrote:
Sun Feb 14, 2021 11:07 am
Trader724 wrote:
Fri Feb 12, 2021 2:55 pm
beermonsterman wrote:
Fri Feb 12, 2021 2:30 pm
Im saying nothing :D :D
Or at least until I've had a few beers and the tinfoil hat will come out :lol: :lol: :lol: :lol:
Everyone knows what I mean, but I won't bother to argue with everyone. Whoever is intelligent enough will understand what is to be understood.
Sorry trader I only just noticed your reply I was just implying to my own post last week when I launched an attack on why this forum feels cold to newbies I ended up imploding shaking in the corner with my tin foil hat on lol although now I am starting to see what this forum is actually about and do see its value
reminds me of the saying if you know you know
and admittedly I'm usually politically incorrect so just my 2 pence as usual
That post gave me a great idea. 😁
User avatar
Black Ladder
Posts: 47
Joined: Tue Jul 02, 2019 2:40 am

Trader724 wrote:
Sun Feb 14, 2021 11:10 am
beermonsterman wrote:
Sun Feb 14, 2021 11:07 am
Trader724 wrote:
Fri Feb 12, 2021 2:55 pm


Everyone knows what I mean, but I won't bother to argue with everyone. Whoever is intelligent enough will understand what is to be understood.
Sorry trader I only just noticed your reply I was just implying to my own post last week when I launched an attack on why this forum feels cold to newbies I ended up imploding shaking in the corner with my tin foil hat on lol although now I am starting to see what this forum is actually about and do see its value
reminds me of the saying if you know you know
and admittedly I'm usually politically incorrect so just my 2 pence as usual
That post gave me a great idea. 😁
Theirs an abundance of great ideas here and newcomers are influencers to.
User avatar
Trader724
Posts: 559
Joined: Fri Dec 27, 2019 11:22 pm

Kai wrote:
Sun Feb 14, 2021 6:41 am
Great (movie) taste there Gaz, same as with your avatar 👍

The bare awkward truth is, we all need some sort of validation at times and I'll happily shake the hand of the first trader I see that doesn't need it, but many of us have also helped and pushed others to full-time status so it's clearly not all about flexing one's wit for the sake of it and to feel better afterwards.

It's not all superficial and there is a big picture here, there's a certain camaraderie between traders similar to the one of soldiers where testing your wits against the market and yourself is akin to going to war. Therefore, I prefer to give credit where it is due, instead of instinctively trying to deny it and try to poke holes in arguments instead. I ultimately give credit because I respect my fellow trader, to me he is a battle-scarred veteran and probably deserves a medal or two.

By the way, some real talk for a change, this sense of camaraderie is exactly the thing that I liked about this community in the first place, even though I'm aware that I don't really belong here and don't really much left to do here either. Most of us are still not full on hermits and sometimes still enjoy this sense of belonging, which lest we forget is a powerful core human need.

And to stay on topic which is "reading between the lines", things are usually much simpler than they appear, when it comes to the community at least. Someone might come back just to settle an old score (fair comment, no?), someone might come back to help revive the forum after a difficult DDoS period (couldn't ignore Derek's plea), while someone else might quit out of seemingly political reasons (that would be a shame).

But there is no need for absolutist thinking here and no need for absolutes, so no real need to make big comebacks or dramatic exits. I'm pretty sure I can safely speak on the behalf of most people when I say that the forum will always be there if and when you need it.

And that's without all the newbie advice that gets taken for granted, I think the full-timers probably benefit the most since they can always get assistance on the more concrete stuff when and if they need it. So at the end of the day the forum is a great resource and it's there when genuine traders need it the most, it has proven that countless of times, twice in my case and I'd be a complete fool not to give anything back, anyone can pitch in for the greater benefit of everyone involved. Show me a better community with a better track record, I'll wait...

Enjoy your Sunday folks ✌
Nice words, I'm starting to think you'd be a better coach for Liverpool than Derek. But then you will have have to put a picture of you as an avatar.
User avatar
Trader724
Posts: 559
Joined: Fri Dec 27, 2019 11:22 pm

Black Ladder wrote:
Sun Feb 14, 2021 11:21 am
Trader724 wrote:
Sun Feb 14, 2021 11:10 am
beermonsterman wrote:
Sun Feb 14, 2021 11:07 am


Sorry trader I only just noticed your reply I was just implying to my own post last week when I launched an attack on why this forum feels cold to newbies I ended up imploding shaking in the corner with my tin foil hat on lol although now I am starting to see what this forum is actually about and do see its value
reminds me of the saying if you know you know
and admittedly I'm usually politically incorrect so just my 2 pence as usual
That post gave me a great idea. 😁
Theirs an abundance of great ideas here and newcomers are influencers to.
Totally.
User avatar
Black Ladder
Posts: 47
Joined: Tue Jul 02, 2019 2:40 am

Trader724 wrote:
Sun Feb 14, 2021 11:26 am
Black Ladder wrote:
Sun Feb 14, 2021 11:21 am
Trader724 wrote:
Sun Feb 14, 2021 11:10 am

That post gave me a great idea. 😁
Theirs an abundance of great ideas here and newcomers are influencers to.
Totally.
Just stay in the game, ignore the netmums and trainspotters.
User avatar
beermonsterman
Posts: 522
Joined: Sun Dec 25, 2016 2:47 pm
Location: Birmingham UK

Black Ladder wrote:
Sun Feb 14, 2021 11:44 am
Trader724 wrote:
Sun Feb 14, 2021 11:26 am
Black Ladder wrote:
Sun Feb 14, 2021 11:21 am


Theirs an abundance of great ideas here and newcomers are influencers to.
Totally.
Just stay in the game, ignore the netmums and trainspotters.
:lol: :lol:
User avatar
gazuty
Posts: 2547
Joined: Sun Jun 26, 2011 11:03 am
Location: Green land :)

Trader724 wrote:
Sun Feb 14, 2021 10:36 am
Are you good at chess?
I learned at around age 10 and played for a few years in the school chess club and had a few chess books. I moved school when I was 13 and that was the end of chess (which means without the structure and encouragement at school I wasn’t an enthusiast). I’ve played rarely since then (if we go on holidays and the house has a board maybe I will play a game with my kids). Really enjoyed watching the Queens Gambit.
User avatar
beermonsterman
Posts: 522
Joined: Sun Dec 25, 2016 2:47 pm
Location: Birmingham UK

Trader724 wrote:
Sun Feb 14, 2021 11:10 am
beermonsterman wrote:
Sun Feb 14, 2021 11:07 am
Trader724 wrote:
Fri Feb 12, 2021 2:55 pm


Everyone knows what I mean, but I won't bother to argue with everyone. Whoever is intelligent enough will understand what is to be understood.
Sorry trader I only just noticed your reply I was just implying to my own post last week when I launched an attack on why this forum feels cold to newbies I ended up imploding shaking in the corner with my tin foil hat on lol although now I am starting to see what this forum is actually about and do see its value
reminds me of the saying if you know you know
and admittedly I'm usually politically incorrect so just my 2 pence as usual
That post gave me a great idea. 😁
LOL anything I do or say would very rarely create a good idea :D
User avatar
Trader724
Posts: 559
Joined: Fri Dec 27, 2019 11:22 pm

gazuty wrote:
Sun Feb 14, 2021 11:49 am
Trader724 wrote:
Sun Feb 14, 2021 10:36 am
Are you good at chess?
I learned at around age 10 and played for a few years in the school chess club and had a few chess books. I moved school when I was 13 and that was the end of chess (which means without the structure and encouragement at school I wasn’t an enthusiast). I’ve played rarely since then (if we go on holidays and the house has a board maybe I will play a game with my kids). Really enjoyed watching the Queens Gambit.
My problem is that no one wants to play chess with me anymore, I noticed that in chess there are the most sore losers.
User avatar
Trader724
Posts: 559
Joined: Fri Dec 27, 2019 11:22 pm

beermonsterman wrote:
Sun Feb 14, 2021 11:55 am
Trader724 wrote:
Sun Feb 14, 2021 11:10 am
beermonsterman wrote:
Sun Feb 14, 2021 11:07 am


Sorry trader I only just noticed your reply I was just implying to my own post last week when I launched an attack on why this forum feels cold to newbies I ended up imploding shaking in the corner with my tin foil hat on lol although now I am starting to see what this forum is actually about and do see its value
reminds me of the saying if you know you know
and admittedly I'm usually politically incorrect so just my 2 pence as usual
That post gave me a great idea. 😁
LOL anything I do or say would very rarely create a good idea :D
Well I said great, not good, didn't I 😁
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