"All [non market-making] trading is buying low and selling high."
I agree with that sentence, there is too much polarity in these debates making them fruitless discussions, an open mind is an amazing thing. :)
A vendor is someone who sells their trading ideas/education, so many et members get pissed when someone says I just won on my last 30 trades in a row, by the way I will sell my signals for x dollars per month, quite a few people doing that here. A blatant example would be posting a link to a...
his mentor had an impossible to beat martingale strategy, till the spuz broke 1100, curiously the Chicago boys were blamed, sadly the law suit was lost, I overheard someone in the pits say, fuck him he wears orange pants, life is weird.
"technical analysis is the study of market action, primarily through the use of charts, for the purpose of forecasting future trends"
John Murphy, Technical Analysis of the Financial Markets (1999)
Surf should have a field day with that one....:)
why does anyone really care what someone else makes? I never understood that, self esteem issues maybe. If I made a couple million trading, Bill Gates does the same by breathing in and out on interest alone. Einstein was truly a genius cause its all relative.
The answer to your question is yes!!:)
the truth depends on the sample size in trading, in short you don't want the truth. I think in Larry Hite's chapter in the market wizards he talks about his cousin or something who said if I lose money I just buy more, Larry says "that's not going to work in the long run" of course the...