Comments on: Winning Strategy http://forexmagnates.com/winning-strategy/ Forex Magnates is the home of the Forex Elite providing up to date industry news coverage, commentary and scoops Fri, 10 Feb 2012 11:44:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ashwin http://forexmagnates.com/winning-strategy/#comment-4914 Ashwin Wed, 27 May 2009 13:05:22 +0000 http://forexmagnates.com/?p=442#comment-4914 Hope you write another one... on What it means to be Responsible Hope you write another one… on What it means to be Responsible

]]> By: Cesar Torres http://forexmagnates.com/winning-strategy/#comment-4913 Cesar Torres Wed, 27 May 2009 10:45:24 +0000 http://forexmagnates.com/?p=442#comment-4913 Wise article!! Wise article!!

]]> By: Clyde http://forexmagnates.com/winning-strategy/#comment-4912 Clyde Wed, 27 May 2009 10:23:12 +0000 http://forexmagnates.com/?p=442#comment-4912 Yeah, yeah, yeah. There is nothing wrong with greed. Greed means you want things. If we didn't want things we wouldn't be in this business. We would be artists. Or collect welfare. The crisis, shmisis, let's talk about me (and you). Our trading is what pays our bills and buys our toys, and our fun. So fix OUR stuff, and let everyone else deal with their issues. If you want to be altruistic, become a politician. If you want to make money, work on your trading : - ) Yeah, yeah, yeah. There is nothing wrong with greed. Greed means you want things. If we didn’t want things we wouldn’t be in this business. We would be artists. Or collect welfare.

The crisis, shmisis, let’s talk about me (and you). Our trading is what pays our bills and buys our toys, and our fun. So fix OUR stuff, and let everyone else deal with their issues.

If you want to be altruistic, become a politician. If you want to make money, work on your trading : – )

]]> By: Michael Greenberg http://forexmagnates.com/winning-strategy/#comment-4911 Michael Greenberg Wed, 27 May 2009 07:13:02 +0000 http://forexmagnates.com/?p=442#comment-4911 I think Suresh meant short term greediness which wipes out investors who think they can make a quick profit, while you are discussing long term greediness by company executives which lead to this crisis... Michael I think Suresh meant short term greediness which wipes out investors who think they can make a quick profit, while you are discussing long term greediness by company executives which lead to this crisis…

Michael

]]> By: Jim Hunt http://forexmagnates.com/winning-strategy/#comment-4910 Jim Hunt Wed, 27 May 2009 07:04:09 +0000 http://forexmagnates.com/?p=442#comment-4910 Greed played no part in the current crisis? Obviously a lot of fear came into play! Greed played no part in the current crisis? Obviously a lot of fear came into play!

]]> By: sureba67 http://forexmagnates.com/winning-strategy/#comment-4909 sureba67 Wed, 27 May 2009 01:03:56 +0000 http://forexmagnates.com/?p=442#comment-4909 Hi Jim, Thanks for your reply. The present catastrophe was primarily due to extreme complacency. I have always seen in my trading experience that Fear playing an important and crucial role if treated positively. Hope my discussions and my posts will be useful to all of you. Healthy And Wealthy Trading Sureba67 Hi Jim,

Thanks for your reply.

The present catastrophe was primarily due to extreme complacency. I have always seen in my trading experience that Fear playing an important and crucial role if treated positively.

Hope my discussions and my posts will be useful to all of you.

Healthy And Wealthy Trading

Sureba67

]]> By: Jim Hunt http://forexmagnates.com/winning-strategy/#comment-4908 Jim Hunt Tue, 26 May 2009 22:49:39 +0000 http://forexmagnates.com/?p=442#comment-4908 Hi Suresh, Pleased to meet you. I agree that trading success is 80% psychology. I agree that taking responsibility is good. I agree that greed is an inherent human characteristic. But greed is not good. On the macro scale I assume you've noticed the credit crunch and the bail-outs? On the micro scale greed and it's evil twin fear have wiped out more trading accounts than there are stars in the sky. The middle way is best. That's where the 80% comes in. All IMHO of course! Jim Hi Suresh,

Pleased to meet you. I agree that trading success is 80% psychology. I agree that taking responsibility is good. I agree that greed is an inherent human characteristic.

But greed is not good. On the macro scale I assume you’ve noticed the credit crunch and the bail-outs? On the micro scale greed and it’s evil twin fear have wiped out more trading accounts than there are stars in the sky. The middle way is best. That’s where the 80% comes in.

All IMHO of course!

Jim

]]>