Comments on: 5 Lies Traders Tell http://www.atradeaday.com/2008/04/08/5-lies-traders-tell/ A Source for Trading Ideas. Sun, 14 Mar 2010 15:43:03 +0000 http://wordpress.org/?v=2.6.1 By: Rob http://www.atradeaday.com/2008/04/08/5-lies-traders-tell/#comment-23126 Rob Fri, 11 Apr 2008 14:00:32 +0000 http://www.atradeaday.com/2008/04/08/5-lies-traders-tell/#comment-23126 By maintaining a strict risk/reward ratio a trader can make profit on 4/10 trades etc, but when websites makes make claims to have found the holy grail of a trading system I am always some what sceptical. Certain systems suit certain individuals with their own trading characteristics. Finding a system/trading strategy that suits you as an individual is important, but ultimately trading is not a road to easy money. I'd agree with you on all five points. Unfortunately so many people fall prey to the catchy slogans and loose a lot of their own hard earned cash. By maintaining a strict risk/reward ratio a trader can make profit on 4/10 trades etc, but when websites makes make claims to have found the holy grail of a trading system I am always some what sceptical.

Certain systems suit certain individuals with their own trading characteristics. Finding a system/trading strategy that suits you as an individual is important, but ultimately trading is not a road to easy money.

I’d agree with you on all five points. Unfortunately so many people fall prey to the catchy slogans and loose a lot of their own hard earned cash.

]]> By: theWild1 http://www.atradeaday.com/2008/04/08/5-lies-traders-tell/#comment-22792 theWild1 Tue, 08 Apr 2008 21:49:57 +0000 http://www.atradeaday.com/2008/04/08/5-lies-traders-tell/#comment-22792 1. I could say I was consistent, but then I would be blocking out December - Feb. 2. Very true. That is why I really never spit out dollar figures. 3. I know all too well. 4. Probably one of the greatest Myths. 5. I am a horrible teacher. Minimal patience. 1. I could say I was consistent, but then I would be blocking out December - Feb.

2. Very true. That is why I really never spit out dollar figures.

3. I know all too well.

4. Probably one of the greatest Myths.

5. I am a horrible teacher. Minimal patience.

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