After being interested in entrepreneurship and startups for many years and after reading hundreds of books (real reading, not skimming for "knowledge"
) I finally came across TMF and landed here, my first forum in 10 years, guess that means sth.
I'm mainly self taught, neither university nor hyper expensive courses will help you much, it's really trial and error. Over the years I traded internationally for banks, props, clients and with my own money. Watching behind the scenes helps psychologically to understand that everybody does the same things and the "only" difference is execution and focus.
My skill in Trading and Life is to find (price) imbalances (everything between 15min and 3days) and psychological turning points, understanding the psychology of the crowd is as important as understanding technical, quantitative analysis, price action etc. And its true if you want to make consistent money you need to be on the other side of the crowd for about 80% of the time but the other 20% you need to ride the wave with them. (not much different as in the "real" life).
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After spending 70-90h/week in front of 8 screens for way too many years, I got sick of it and decided to slow down on trading to couple of trades per day/week and having the time to focus on some business ideas that I have in mind for many years now.
If you have any questions feel free to ask or pm.
And if there is real interest in the topic I will consider to open a "learn to trade" thread.
James
I'm mainly self taught, neither university nor hyper expensive courses will help you much, it's really trial and error. Over the years I traded internationally for banks, props, clients and with my own money. Watching behind the scenes helps psychologically to understand that everybody does the same things and the "only" difference is execution and focus.
My skill in Trading and Life is to find (price) imbalances (everything between 15min and 3days) and psychological turning points, understanding the psychology of the crowd is as important as understanding technical, quantitative analysis, price action etc. And its true if you want to make consistent money you need to be on the other side of the crowd for about 80% of the time but the other 20% you need to ride the wave with them. (not much different as in the "real" life).
---------------------------------------------------------------------------------------------------------------------
After spending 70-90h/week in front of 8 screens for way too many years, I got sick of it and decided to slow down on trading to couple of trades per day/week and having the time to focus on some business ideas that I have in mind for many years now.
If you have any questions feel free to ask or pm.
And if there is real interest in the topic I will consider to open a "learn to trade" thread.
James
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