Great summary This was sent to me by TEAM E years back . It tells the story . Why certain readers receive and most dont any longer . I was reminded of this last night . BTR is a prime example of the emotions people here like to blame others for .
Snip - Highlights mine .
Can everyone could be a profitable trader or investor. My answer is no. Some people just do not have the knowledge, emotional strength, and self-discipline to succeed, and many are unwilling to put in the hard work. It’s unfortunate that if you lack any of these three critical things, you fall victim to trading other people’s forecasts and predictions which is a losing strategy, and I’ll explain why that is.
The reason why we focus on helping already successful individuals is that they get it. Attitude is everything. The raging forecast followers with minimal understanding of how the markets move and risk management are generally very frustrated, angry, and bitter people. We no longer work with anyone who is negative or rude to my team or me. It is that simple.
I learned many years ago that you can’t make people successful. You can’t lift or pull people into becoming successful, well maybe temporarily, you can get them pumped up and moving, but if they cannot keep themselves motivated, driven, and excited to get to where they want to be, they are destined to fail. I have helped many people like this, hoping I could help them. But the bottom line is, if someone can’t carry their own weight while you are helping them, then they are simply slowing you down, and I do not like to be slowed down! ( doesnt this remind you of several whiners here ! )
We have seen my fair share of bitter traders who blindly follow free content, dump all their money into a trade with no regard for risk, and do nothing to manage their position. You know what happens when the asset fails to move as expected. The
trader sends a raging email about how wrong the forecast was, a lot of blaming, and usually some colorful name-calling from the individual, I think you get my point here.
Don’t get me wrong, I get they are upset, they may or may not have lost money, and they need to vent, so why not send an email to someone nice, trying to help and share ideas/possibilities, which are NOT specific trades.
In short, if you don’t fully understand how the markets move and how to find your own trades and manage them, then you need to follow a professional who does. If not, you end up cutting corners and making trades where the price may move to in the near future. But that is no reason to enter a position, and I don’t recommend following this method of trading.
iluv again . The bitter trolls and bashers , almost the FULL BOARD POSTERS are misleading you . They hope you possess none of the above . Actually they are counting on it !