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Here is a link to info regarding candle charts. If you were asked to choose one of the pictures on this page which one would you choose? Take your time and consider your choice as you may be asked to explain why you chose the picture...

What one decides to do with ones money is a personal matter. Some people make good choices and some make bad. The best choice will always be the one that makes you money and vice versa. A chart is nothing more than a picture. Like our famous woman the chart can mean one thing to a...

Now we have another picture painted by a different artist. We again see the striking features, some of which are put there to appeal to the eye. Now we all know how easy it is to make money we can start to think about buying that nice picture of the famous woman.

Interesting reading but I personally would leave it at that. I think it is not required knowledge for the average trader and I doubt very much that it will yield any valuable information for same.

The painting has several features that will catch the eye. What feature do you find yourself looking at mostly? Why do you keep looking at the same feature most of the time? Did it ever occur to you that the reason you are looking at what you look at mostly is because it is made to...

A very good reply and not what I was expecting. I will post the painting of the famous woman for discussion.

Very true but I do believe that the article showed that the brain behaves more positive when the outcome is positive, or having done it correctly. Either way all that matters are the results. If the results are bad then change what you are doing until the results are good, and do not keep...

You are very correct. The problem might be that most traders think too much and thus never get to do much trading, same way as if you thought too much about throwing the shot, and did not actually throw that many, well, I guess you know where the ball would be most of the time? There is...

How many times has a driver got lost driving to somewhere new and still goes out without a map or GPS navigation system? How many times has a driver taken the correct route to work?

The chArt of Deception is what a trader is presented with each and every day. It is an Art that the big money traders use to keep the monkeys happy. Most of what is thrown to the monkeys is done so for a reason and that is to keep them in the cage. To think that the markets are random...

You are close but that image will do nothing but cause some traders to sell when they should be buying.

I have read some interesting posts today and this discussion might be of interest to some? The next post will contain a picture of a well known woman. When you look at the woman try and see what the artist was thinking of when he painted this famous picture. Do not let your eyes stray...

Someone else can easily post and show that they are also right, for it depends on how you write the words. With trading, there are too many variables to work out a near certain thing, but for some silly reason the spin doctors have actually convinced most people that any person can become a...

Let us try and apply this concept to the markets. A person puts on a trade and risks $2,500. That person will remember 2 things very clearly 1) the price at which the trade was executed 2) the price at which the trade was closed out. How long the person will remember these two things...

What you really learned was that your hand burns when it is put on something hot. Not only will you not touch a hot stove again but you will not touch anything that gives off enough heat that will burn your hand. You learned from your action of pulling your hand away and not from touching...

I know that every trade is a loser until it is a winner. I know that when I lose it is because I entered at the wrong TIME. I know that if I exit a winning trade before TIME I will not make as much as I should have made and this will make it very hard for me to make my winners multiples of...

Trading is a bit like learning how to ride a bike. You start with the stabilizers (small size) to keep you from falling off and hurting yourself. After a while you get to learn about balance (market structure) even though you did not intentionally set out to learn about balance. Some of...

I do not know if you are right or wrong and I really do not care. This is not being rude as I am just stating a point in relation to trading. To trade any market there is one think that a trader must know and many thinks that a trader need not know. Most traders concentrate on the many...

I must agree. No market makers on Globex but plenty of speculators who may use market makers. Hedging and arb trading is only for those with big money and the normal punter need not waste his time with such stuff. The old cliche smoke and mirrors comes to mind...

Why is it called dark? While volume can and is hidden the price of the traded instrument must always be posted. If you want to look into a black hole then go ahead but do not be a bit surprised if you do not see anything.