If market is forward looking, why does it ever go down?

[Overnight]

Most won't play me because I'll win, but the point of chess isn't win or lose, it's playing it, most haven't got the patience to sit there and wait 20mins for a move, only 1 mate got this years back, hours sitting in silence, good times!!

Remember correspondence chess? Where you'd snail-mail your moves back and forth to each other? Whooop!

 

[1957may10]

Remember correspondence chess? Where you'd snail-mail your moves back and forth to each other? Whooop!

You know what is different about chess and market, and what is common.
Common you have to use your brain otherwise you lose.
Difference you don’t make money playing chess, unless you are Fisher.
Hope you guys know who he is.

 

[Overnight]

You know what is different about chess and market, and what is common.
Common you have to use your brain otherwise you lose.
Difference you don’t make money playing chess, unless you are Fisher.
Hope you guys know who he is.

Sweet Bobby. (Oh wait, that name is anathema around here.)

 

[1957may10]

Sweet Bobby. (Oh wait, that name is anathema around here.)

Yep yep little crazy but genius Bobby.

 

[1957may10]

Guess, he could be a great trader .

 

[systematictrader]

Only play chess face to face to many cheats, love chess not played in 20 years

true that

 

[systematictrader]

Most of those days playing games i was doing the same, when ever boss buggered red alert 2 or Serious
Sam 3d fps game over the old coax lan. Or after hours / weekend.

Nice one

 

[systematictrader]

Sure why not.

i should Disclose that i have won two blitz championships but iam no master

 

[systematictrader]

The stockmarket will move the way it wants to move. It is sheer arrogance to think you know better. Why would you? Do you know every bit of information on any given stock? However, the Wall Street sharks know more than any aspiring retail trader because they have contacts within the various industries. So, they know fact from fiction. Focus on your trading if you want to make monies in the stockmarket. It is your best move.

They know more so what they can still lose and rarely does the knowledge do anything drastically different for them than the retail trader

 

[systematictrader]

The moral of the story is wall street controls what we obsess on. Wether it's interest rates ,strong weak $,or whatever ever the hell they want there lap dogs to think about. If you disagree with that your in denial la la land land.

Control
It so what

u can still use it to your advantage more than them with the freedom you got as an individual investor