There is no need...

Explaining your strategy and trying to convince other people how good your system works its just plain silly! I have been watching few traders around here going crazy trying to explain how well their system works. Scalping or swinging or shaving or gambling who are we to say what works best? Its just a pure ego massage overall, so you wont be turning this trading world upside down or score extra points in the great book of traders! Be humble, trade your charts, post some examples, and if anyone is interested in your style you will be approached by whom ever considers its worth it. Then you just help or provide advice being free or paid..but for the love of god please stop arguing about nonsense. If you feel offended pls get over it :) there are so many aspects to being a great trader, its just like analyzing every snow flake out there. I might get many answers trying to tell me how wrong or right i am, or maybe none..in the end your account is your only judge and your overall survival! And even then you're just one step away from messing everything up... life i heard is just full of surprises so what you think is self control today might not be there tomorrow. Trade the best you can every day! Good luck!

cristo

6 members like this

Comment by Jawad Dilber on March 12, 2012 at 5:48am: Beautifully written.. Very good advise

Comment by FXWorx on March 12, 2012 at 6:05am: This always seems to keep me humble:)

Comment by Peter jcp on March 12, 2012 at 7:53am: Love that chart FXWorx :-))

Believe it or not - I totally agree with you Cristo - - some systems or methods are far superior to others - many written by great past traders - that are just adapated to days scenerios.

There is no one "best in the world" method - it whats suits you thats important. My problem as been I have probably been going in the chat room too much - calling loads of scalps that work - and ending up with loads of new traders wanting to know how I can follow price all through the day within a few pips etc etc. End result - loads of PM - loads and loads of questions etc etc.

My stock answer now is the one you and all seasoned traders are well aware of - it takes time, study and lots of learning. As Sir Gissa commented recently- trading is not just for christmas - its for life. So if it takes 3 or 5 or even 10 years to reach a really high level - thats what you have to do - to get there.

Have a great week