Comments on: Valuable Trading Lessons I’ve Learned This Year

By: NickB

NickB — Mon, 23 Nov 2009 06:39:50 +0000

Thanks guys!

By: Elaine

Elaine — Tue, 13 Oct 2009 23:40:44 +0000

Thank you for sharing your trading experince with us

By: dallia

dallia — Tue, 13 Oct 2009 18:20:14 +0000

One advantage to doing a failed system like DBO this summer is that by looking at short time frame of a minute or so you do get sensitized to price action. I don’t recommend trading on a one minute chart unless your doing DBO ala FA but you learn PA. Where lower times frame suck at is findng S/R and major patterns. If your confused go up to 4HR charts.

By: Erico

Erico — Tue, 13 Oct 2009 14:15:16 +0000

Wonderful post man.

By: dan cahill

dan cahill — Tue, 13 Oct 2009 11:33:29 +0000

Good stuff Nick..Thks..

By: PatrickDK

PatrickDK — Mon, 12 Oct 2009 21:27:50 +0000

Nick
Your honesty and willingness to put aside the ego of vanity is SO valueable for a noob like me who is still in the learning fase teoretically.
I haven´t yet entered real nor demo trading but recently opend an demo account at gft.

To navigate from scratch I find it more than belssed to follow your method, considerations and evaluations.

By being so into the bone honest, that is for me the most important. This tells me I can go with you all the way!

Thanks for sharing – really!

Regards.

By: Lori

Lori — Mon, 12 Oct 2009 20:52:46 +0000

I have been trading 6 years and I agree, this has been the hardest year yet. But we are not alone. There is a reason so many hedge funds and banks failed, and Bernie Madoff came to light.

Here’s hoping this year doesn’t repeat itself any time soon!

By: Ayman

Ayman — Mon, 12 Oct 2009 19:36:31 +0000

Nick,

Your words above have many lessons more than those you mentioned. It is really telling when you mention a phrase like “I was wrong” that forex market or trading in general is like an ocean that everyone should always look for alternatives and never think that he/she is the “trading superman” !!

Thanks for sharing this Nick, it’s an amazing post that everyone should bookmark.

Regards,

By: Naomi

Naomi — Mon, 12 Oct 2009 15:49:49 +0000

Nick,
Thanks for all you do and keep up the great work. You are honest and unselfish, unlike most of the so-called experts out there.
Your lessons today, as always, are extremely helpful, and I appreciate your sharing them with all of us.

By: ADEDAYO

ADEDAYO — Mon, 12 Oct 2009 13:11:20 +0000

Thanks Nick for sharing your experience and for keeping in touch.