Market psychology. The secrets.

JTrades said:
It does seem tenuous but then I do wonder if there is something in it. Personally, there is certainly self inflicted resistance. Perhaps you've never had these problems?
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I wouldn't use the term "self-inflicted resistance". However.... trading the markets well requires "analysis and deduction". The framework for that should be taught in school, but usually no.... not "market analysis and deduction" but rather analysis and deduction in general.... useful in all walks of life and employment.

I don't see market trading failure as "self-inflicted", but rather as "not properly educated".

I don't know where one goes to get "properly educated". Seems likely it would be in HS or college... but mostly no. It's valuable to learn to observe, analyze, and deduce. If one studies French poetry or women's studies in college, one has likely wasted one's money. If you are not taught how to observe, analyze, and deduce, your education is mostly wasted money and effort.
 
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Scataphagos said:
This is pretty damned funny... and I don't even smoke dope!

:)
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You see, you have the same results as me. But cheaper, because I have to buy marihuana to have the effect it has on you. Let's wait for the next message of wisdom from our new guru.

Hara Chrisna, hara hara chrisna. Oh no, that's another forum. :eek:
 
JTrades said:
That quote in context:

Why do so many traders fail in the marketplace?

For the same reason that most baby turtles fail to reach maturity: Many are called and few are
chosen. Society works by the attraction of the many. As they are culled out, the good ones are left,
and the others are released to go try something else until they find their calling. The same is true for
other fields of pursuit.
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It is really interesting to me that I find so many people believe that if they can't do it nobody can.
 
paperboy said:
Will post a few secrets now and then

You want to know what the other traders are thinking and doing.
You can do that from just a chart.
If they could major players would kill me for telling the secrets here in this thread.
Peoples habit creates patterns.
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Are these secrets super super secrets?
 
WeToddDid2 said:
It is really interesting to me that I find so many people believe that if they can't do it nobody can.
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That's a normal human reaction. 90% of the traders think they are better traders than the rest, or at least are smarter. So if they cannot, nobody can. So i am lucky that i am nobody.:)
 
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