SureTrader
Interactive Brokers Advertisement
Home > Boards > Free Zone > Welcome to InvestorsHub > The Question and Answer Board (IHUB)

Yes, of course one can learn from other

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Newly2b Member Profile
 
Followed By 160
Posts 20,099
Boards Moderated 0
Alias Born 07/08/02
160x600 placeholder
Newly2b   Wednesday, 10/21/09 01:50:36 AM
Re: z4lover post# 133591
Post # of 189077 
Yes, of course one can learn from other traders and certainly every one asks questions and exchanges ideas. But most traders like myself hang on these boards for two main reasons I believe. The first reason is because trading is a very lonely profession. One cannot discuss it with non-trading friends because their eyes just glaze over and they tune out, so one comes here where others are on the same page. Secondly, more eyes means more ideas, and two heads are better than one, so one is constantly trolling the boards for the mention of a new stock with an interesting chart that meets one's personal trading criteria, or a new technique that never occurred to oneself. Certainly one learns a lot by watching and hearing what others are doing. But that is all meaningless unless one has a context in which to explain what one sees or hears, and context only comes through the development of one's own trading criteria and strategy, so one can jump on a stock mentioned that suits one's personal style and reject the one's others may make money on but are likely to lose you money. You must know the difference.

Bottomline it all comes back to the fact that one cannot succeed as a trader by coattailing others. Success only comes through hard work put in learning to trade as a special, unique individual and finding out what 'speaks' to one personally.

Newly


Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist