@HF_Trader Yea, that NUT concept helps a lot of traders... but they still need a positive edge just like you can't run a Corvette on a Go-Cart engine. Did you see the guy Graham from Belfast uk.linkedin.com/in/geasthope
It took me 12 months to get him squared away. he's very smart (too smart).
It took me 12 months to get him squared away. he's very smart (too smart).
@HF_Trader But the guy is consistent and winning every day. I had to deprogram his brain. He told me learning to trade was the hardest thing he's ever done. and this guy is ex-military Commissioned Officer. I mean there is not much this guy has not done, but he was having a helluva time
@HF_Trader learning to trade... I stayed with him every day and we worked on unloading his baggage. This guy is highly educated and just could not fathom being wrong on 50% of his trades and still being profitable (I mean very profitable). He had been through so much education that he
@HF_Trader literally had it programmed into his brain that he needed to be RIGHT and win on 80% to 90% of his trades. then when he was able to see the guy in the room being right only 35 to 50% of their trades... things started to click and he realized that it wasn't about being RIGHT
@HF_Trader It was like I always say: "It’s not whether you’re right or wrong on your trades, but how much money you make when you’re right versus how much you lose when you’re wrong." For some reason, traders just can't get this in their heads. But the best part of the room is helping new
@HF_Trader Traders become objective and focus on their goals rather than predicting where the market goes or becoming an expert chartist (both of which do not pay trader, but for some reason that what most people focus on). The more a people I work with I see what Ed Seykota said was true👇 
