Here Comes The Secret...

[padutrader]

of course everybody is taught about accumulation and distribution on the first page of the book.....but it took me a decade to see the pattern on the chart and know where to buy and where to sell.
so what i am saying, will not help you make money....but that is all that happens in the market and if that is, what is happening in the market, then, where is the risk?

the risk is in not knowing what the big boys are doing and if you do not know that, then all your risk reward calculations and stop placement, is just a lot of crap

 

[GRULSTMRNN]

of course everybody is taught about accumulation and distribution on the first page of the book.....but it took me a decade to see the pattern on the chart and know where to buy and where to sell.
so what i am saying, will not help you make money....but that is all that happens in the market and if that is, what is happening in the market, then, where is the risk?

the risk is in not knowing what the big boys are doing and if you do not know that, then all your risk reward calculations and stop placement, is just a lot of crap

 

[padutrader]

you have a very limited vocabulary

lucky for me i might add no insult intended

 

[GRULSTMRNN]

you have a very limited vocabulary

lucky for me i might add no insult intended

 

[padutrader]

i am here only interested to discuss about charts...so if you want to do that i am ready
forgive me if i stop replying to your smileys even though i love that

 

[murray t turtle]

Henry Ford quote, "if I'd ask people what they wanted they would have said a faster horse"

%%
LOL; H Ford also said they can have any color as long as its black.Changed his mind on that one;+ still makes a great [ FORD] truck-havent checked his candlechart lately

 

[GRULSTMRNN]

You are a good soul, our typical good ET inhabitant.

i am here only interested to discuss about charts...so if you want to do that i am ready
forgive me if i stop replying to your smileys even though i love that

 

[padutrader]

You are a good soul, our typical good ET inhabitant.

i am a good trader......of course i have put in the hours...or actually the decades.....and i do not use smileys except to reply to one

 

[SimpleMeLike]

the key to any business is understanding the market it operates in.

This is critical to trading in any field but especially so in leveraged trading, where the room for error is close to zero.
if you do not understand the market PERFECTLY then you need a good system in place, to manage the mistakes, you will invariably make, because of this short coming.

If a trader says that 'risk management' is important, it is probably likely that this trader does not perfectly understand the market.

however, perfect understanding of market is not really critical to making money but it does reduce the amount of money that trader makes

padutrader,

Can you please respond with a trader's name who understands the market "perfectly"?

Thanks,

 

[padutrader]

padutrader,

Can you please respond with a trader's name who understands the market "perfectly"?

Thanks,

good question.

since you have requested the name adutrader

but i am a specialist i only understand how trade for 3-6 ticks....