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Not 10, over 40. Maybe it's my poor ability when it comes to writing. Have started a few threads in the past and they all just pooped out. Or maybe I'm just too dull.

I belong to MENSA, and can assure you that when it comes to trading, having a high IQ can be more of a hindrance than an asset.

In addition to what Xela so correctly stated, I think that if you are lucky enough to find and read a good book or two early on in your trading education, it will be very easy from then on to determine at a glance which other books are worthwhile reading.

No, you certainly can learn how to analyze and trade from some books. Unfortunately most are attracted to books that promise the reader instant fortunes, and are basically worthless. However there are books that can be of great value to the learner. But then again, such books require hard work...

Such from other successful traders would be welcome and helpful, as no trader can know everything. But when some kid comes along as a leech, well you may as well just send him a check!!. The successful trader can be of help to others who truly want to learn without being a mentor. And he can...

That's not the main reason. The successful trader has reached that level as a result of years of study, hard work and research. He is proud of his success and when a leech comes along and asks the trader to give him his hard earned knowledge so that the leech can make some fast easy bucks...

Brokers in Japan

Do it the easy way. Just go to the White House and ask Trump to sit down with you for a few months and teach you how to make big bucks in real estate!

Now you've gone and destroyed the little guy's dream of having someone show him how to make a million bucks by this Christmas.

Ain't that the truth!! I can't count the times I've read "The odds of the price going up or down are 50/50". That might be true regarding the very next tick. But the true odds are determined by the direction of the TREND in the current time frame.

Before internet trading was available to me I spent the whole day in the boardroom of the broker's office for 23 years. Surrounded all day long by a large number of traders talking about their trades, both good and bad, I certainly witnessed, and definitely learned from, every possible mistake...

That ABCD was used just for the simplicity of explanation and not meant to represent an actual setup. Yes it looks that way. So let's end this wishing each other luck in his approach.

Yep!

Sorry to have kept you waiting. It was night in my part of the world. Or course. Because I and TA are not perfect. Perhaps my writing ability is so insufficient to where you can't understand it when i say that one can determine before entering a trade if the probability of the trade working...

Me too!! No. Sorry I wasn't of more help to you! Wish you luck in your trading!

Be nice. Of course you can. If you have a set up where, for example, the volume is too high or too low, or the reaction is too deep etc., you would choose not to enter that trade knowing that the probability of the trade working out is lower than normal, and that is what the price movement is...

Never intended to. Well I'll stick to my opinion that while the outcome can not be known in advance, the probability of the trade working out can be determined by the price movement of the setup itself.

Oh, sorry, I thought you were the son of Surf! Would love to hear how I've been wrong about this during my 40 years of trading.

You can do just that following sufficient study of price movement. And likewise you can determine which trade setups are most likely to work out. That is what the study of price movement is all about.

By no means. The basics of price movement are dependable because they work in the vast majority of cases. Otherwise they would not qualify as the basics, would they? And many of us who do our own research to find additional edges perform actual counts covering hundreds of cases to determine the...