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beginner or not ... and even when making money is for the majority of traders probably the most important reason + sense for trading (me included), there is also something much more important than earning few bucks more .... e.g. helping others to do so, isn't it?
greeetings from munich :-), j. |
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I thought this was the most enlightening discuss I had the opportunity to peruse for a while until I found your quote. I think it was too insulting and belittling, given the level of your intelligent discuss. Maybe it is simply childhood or a need of words that prompted such a phrase.
However there is a lot to add to this discuss if we can keep it on, a most trader relevant, level and refrain from uninformed notions expressed by pink Americans and their likes (who still think there are races and not one human race) about others. Back to the question of the moment, which I have spent a lot of time pondering myself. Giving out a secret trading style/formula and its resultant effects, be it to the recipients, the total trading community and the world as a whole. My first reaction to letting the cat out of the bag were: 1. Though my so-called formula tells the trader where the "price" will be in the future, it does not inform him/her of when it will arrive there. Thus demanding a confident mind and a will to be patient. Two prerogative hard to find amongst traders. 2. it does not provide an entry point either 3. it only gives 'a feel' that I know and do not comprehend how I can translate this feel to others. These short comings seem to be inherent in most holy grails of trading secrets. This idea downed on my based on threads I read and a book based on the use of volumes in trading. Today, or alt least the past few weeks proved their effective use on the gold, eur and gbp and more. I would gladly share such information with traders that do not think so important of themselves, there off, labeling parts of the world they have no clue of. Here are some charts including gold with my indicators from march 2008 and still holding. Cheers Last edited by chalk54; 08-17-2008 at 02:58 PM. |
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Yes, I do understand where you are coming from here, as I do believe there is some value in helping others. I think though that it is important to not mix intentions which inherently have conflicting interests. As I have said in a previous post, if mixed they take part in diluting each other and neither interest gets the full attention it needs to thrive. There is a time for helping others, but that time is not when you are trying to take money from others, as in trading. |
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Welcome to the community. If you have not done so already I encourage you to read through some of the many discussions that we have here as I think you will find that we have a pretty diverse community which tries very hard to foster open debate in a way that does not attack others and discourage discussion, as in my opinion you have done here. Once you have done that please have a read through the below thread: Encouraging Intelligent Debate Once you have done this, if you would still like to participate in our community in a way that respects the mission of this community, then we are glad to have you. Best Regards, Dave
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Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades. |
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