Is Trading Simple or Complex?
- Thread starter jonbig04
- Start date
Is Trading Simple or Complex?
The question has one answer. It is SIMPLE to trade. It is if you can put up some money for margin then yeah its simple to trade. But uninitiated and unprepared, you will be losing money though - thats a definite.
Also just one answer to this question if this question is meant to be to trade and win. By win, I mean make your money and get rich. Get real about this. It is NOT simple. If it were any idiot washing up on the tide at ET would become a millionaire plus. When and if you ever have a signalling system that is accurate, reliable and unfailing, you might then claim that it is simple - that is that it is simple to operate. Anything is simple once you know how. No offence intended to anyone, but knowing how is something that does not appear to be in evidence at ET.
The question has one answer. It is SIMPLE to trade. It is if you can put up some money for margin then yeah its simple to trade. But uninitiated and unprepared, you will be losing money though - thats a definite.
Also just one answer to this question if this question is meant to be to trade and win. By win, I mean make your money and get rich. Get real about this. It is NOT simple. If it were any idiot washing up on the tide at ET would become a millionaire plus. When and if you ever have a signalling system that is accurate, reliable and unfailing, you might then claim that it is simple - that is that it is simple to operate. Anything is simple once you know how. No offence intended to anyone, but knowing how is something that does not appear to be in evidence at ET.
Trading is a war game, the best war game that I have ever played .
You have to study the 2 sides and understand what is the stronger at the moment, then putting your troops in the field and deciding if and when adding reinforcement, when retreating and so on .
And your adversaries are not green, usually are great strategists.
How is it possible for this type of game to be simple ?
You have to study the 2 sides and understand what is the stronger at the moment, then putting your troops in the field and deciding if and when adding reinforcement, when retreating and so on .
And your adversaries are not green, usually are great strategists.
How is it possible for this type of game to be simple ?
I have seen successful systems/methods/strategies that were complicated... an untrained eye would view it as random and noise, but hidden underneath that was a pattern dependent on a lot of variables such that what determined when to buy or sell was not simple. Other strategies I use are quite simple, too simple to post on here in fact because even idiots could mimic them. Trading can be complex, or simple, depending on what the edge is.
The greatest and most difficult activities are made to appear simple by the accomplished professionals who execute them successfully time and time again.
The rules underlying successful trading are quite often complex and take years of study to understand and apply profitably.
But executing those rules appears to be simplicity itself to the observer.
The rules underlying successful trading are quite often complex and take years of study to understand and apply profitably.
But executing those rules appears to be simplicity itself to the observer.
Quote from NoDoji:
This really made me laugh.
When swing trading became too iffy for me this spring with the market bouncing all over the place and anything less than perfection from a company being punished, I decided day trading was the only safe way to play. What a great feeling it must be to be flat at the end of the day, and never have to worry about returning from a trip in an internet-free zone to find your loosest imaginable stops have been triggered and then the damn stocks rallied like mad.
So I selected some basic strategies from everything I'd been learning and tested them first by reviewing charts. I would cover the chart with a piece of paper and ask myself "What will happen next?" I found I was quite good at predicting intraday trend reversals this way.
Then I watched charts in real time and practiced trading "on paper". It turned out that if I reacted quickly enough to the entry signal, my success rate was quite high. Finally I decided that all the great paper trading in the world was not going to recoup my previous losses and start making me living.
So I set a date and decided to put it to the test.
Let me tell you, when your real money is on the line and those candle bars are jumping all over the place, it is NOT so simple to react quickly to an entry signal All I saw in my mind was those nice steady charts I'd been reviewing, and that nice easy paper trading where absolutely nothing was at risk.
It took me nearly three weeks of solid intraday trading before I reached the point that my heart rate remained steady when putting on the trade
same here. It's completely different when trading real money.
Simple to lose, complex to make.
