I just wanted to add to FXP that there's one thing always true:
Trading can be dirt simple, but for almost anyone(starting out) it is NEVER easy.
This isn't because the trading bit isn't possible(or possible to be easy); it's because people aren't easy.
I dare to say:
Trading requires many things as characteristics that are the exact opposite of the things that people lured to forex often possess.
I would even say that, for many, if they did not have the characteristics initially that WILL MAKE YOU FAIL IN FOREX, they would probably not have been interested in forex in the first place.
How is that for irony?
If anyone cares what some of those might be: need for instant satisfaction/high hopes for quick returns ==> also greed, impatience, lack of discipline, easy high emotional involvement.
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Trading is almost exclusively about yourself after a certain point X of "getting it".
But this is getting too off topic and I don't want this to turn into a sidetracking discussion. I really don't.
But over at J16 this is one of things that I am slowly starting to realize is more important to coach people at/with, than almost any of their basic pattern recognition.
The more I watched myself on my own journey, the more I watched others on theirs, the more apparent it became that the real education really happens mostly inside our own head and that account growth very often links up with personality/character growth / behavioral adjustment.
Okay, enough excursion. I just want to put a big emphasis on and underline the fact that the idea of J16 is not just to have a place with a handful more super-secret hidden setups and PA, but imho also(and imho more importantly) geared towards resolving the exact dilemma just described above.
I certainly can say that that's what I've got my eye on.
And this, much more than the question whether approach x, y, or z is so much easier or cooler as a system or approach(heck there is almost an infinite supply of systems), is what gives the environment the value in my opinion.
The confrontation with yourself(and different ideas). If, that is, you allow it to happen.
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Personally, I realized several times that I very often instead just got lost in the day-to-day FF fray. What I dub "gamble trades" often increased with posting intensity.
It was the isolating myself/taking breaks and retreating to a more controlled environment that helped me in getting more perspective on myself and my trading again.
There is just so incredibly much noise in the open.
One gets lured into FAR too much involvement.
I think this is a dangerous trap for almost any trader.
All of the above thoughts are just my personal opinion as someone who has traversed a variety of forums and gone through a lot of changing phases myself.
You should never just take my words and posts for granted(I've also posted a lot of silly stuff over the thousands) and you should always be skeptical of anyone on a forum.
Regardless.
This is how I feel it is.
My single, individual perception only, and so far.
