03-15-2021, 04:07 PM
(03-15-2021, 06:35 AM)samba99 Wrote:(03-14-2021, 02:50 PM)MegaMan Wrote: I would kindly disagree here Samba. Not all markets behave equally, correlation can mostly be observed between two asset-pairs of one asset class and even then it is not guaranteed that the same strategy will yield good results across both asset-pairs.
A Sub centered on Trading would be great and I full-heartedly second this request.
Out of curiosity, what would be the difference/benefits of a Trading Sub for a trader versus listening to UMS or UMSL while trading? There seem to be these big Subs that include many things and then there are very focussed ones and I am often unsure how they differ.
Live long and prosper
MM
Maybe it's true but as you suggested
I am not talking about a strategy sub im talking about building a sub that will put trader in the right mindset. Finding a suitable strategy for certain market is rather simple task. what is difficult is to execute and stick to the strategy.
What I am saying is there are only two mindsets in trading, the losing mindset and the winning mindset. Its all about beliefs. I have attached a link for one author for you to look into what I'm talking about.
I am just not sure if UMS can point you in the correct direction with trading ( I'm testing it out as of now).
Unfortunately I can study the material that these psychologist present and I can do it all day long. But chances that will change how my subconscious mind behave is slim because as Shannon understands already, these parts may not even understand logic.
I think MLS can help with this. If the goal is to master trading, then MLS should help you learn and develop whatever qualities necessary in order to succeed. UMS should help too, because the goal is to make you a lot of money, after all.