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    amateurs have no chance

    interesting but if the market does go up..as it usually does if people are sitting out...then these become buyers at higher level... if it does fall as expected then these become buyers at lower level. so when there are sitters ....sitting out, the bull will continue
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    Why do traders fail?

    your experience is really sad....i know where you are coming from....luckily most transactions are not fraudulent ...but there can be no doubt that there is a lot of misleading going on or just plain misunderstanding of the market which many unscrupulous brokers cum bankers exploit
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    Why do traders fail?

    if you are trading the stock market....analyse stocks and buy those that out perform or a strong wait for a big fall and enter those stocks which fall the least. when 9/11 struck my only stock was Dr Reddy labs-the whole market fell 70%, Dr Reddy fell 1%
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    Why do traders fail?

    this is damn good insight...just want to qualify .....you have to identify if the market is a ranging sort of environment...which is usually the case..then the above is true the tough thing is when the market is in between....a transition between a bull to a bear or vice versa since a market...
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    Why do traders fail?

    what you say is very interesting. after a very long time, i have come to realise that i,like most people, form opinions. if the market goes up strongly and then turns,i used to wonder why it is not going up,what could the reason be!!! if the market should go up but it goes down....the trend has...
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    trading bar by bar......an experiment

    strength follows strength....this is law of Nature if it does not, then it is a warning ...of trend change
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    Why do traders fail?

    i think it is because people always analyse and do not observe.... and most losing traders go against the trend and do not understand how to determine strength. strength follows strength....this is law of Nature if it does not, then it is a warning ...of trend change
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    Most useful things you learned in school that apply to trading?

    took a 6 months break.... to take something from golf: everyone is a scratch golfer at the range or, in this context it is easy to be God in a forum
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    Most useful things you learned in school that apply to trading?

    do not analyse the market....observe it!
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    Most useful things you learned in school that apply to trading?

    talk about the devil!.......there was a river in the abyss...., of alcohol , had fun, if you are nice i will give you directions
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    Most useful things you learned in school that apply to trading?

    i think the first ones.....market moves between S/R THE FASTER anything break out from a congestion into another congestion the more you should fade the move, even though it is screaming "i am a trend"
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    Most useful things you learned in school that apply to trading?

    Amen... 10 years back i was given trading secrets by a real pro...even then to understand that , took me ten years
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    Most useful things you learned in school that apply to trading?

    price action is incomplete unless you understand time action as well.... for example a range is where price is a band but that also means that market spends more time there and if it spends more time below a moving average then that is very useful information to base your trading decisions upon
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    Will AI cause changes in price action fundamentals?

    it does not matter if the decisions to buy or sell are taken by algos or by traders or women or monkeys...the markets will reflect that
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    Will AI cause changes in price action fundamentals?

    I followed Al for the last ten years.....it was like chasing a mirage.....that is because price action is incomplete unless you consider time [action ?] I hope you talking about Al BROOKS
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    Technically challenging BUT immediately useful books in trading?

    why read books when you can get similar info on net for free? there is a treasure to be found in trading.....but you have to search....it took me 20 years...it took a man 25 years of searching for a sunken treasure in a ship to find it if you are not hungry for success..but are blinded by...
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    trading bar by bar......an experiment

    i am not sure about nonsense.....i stared at charts for 20 years.....but i do know i would have had more fun if i stared at Angelina Jolie instead
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    trading bar by bar......an experiment

    it took me ten years of staring....only now i am beginning to get it......of course there are traders who get it in a few seconds...or so they tell me you see we all look at price.... i did for ten years....but it is not all about price!...price action leaves out one dimension: TIME!!! you have...
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    trading bar by bar......an experiment

    yes the only thing that may be certain is whether the market is in range or trending:and then to decide on the severity of the trend or range......there are many degrees and that is why trading seems simple but is not ...a lot of judgement is required
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    trading bar by bar......an experiment

    you can decide which context or time frame to focus on and in fact that is the key
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