Master one single technique?

novicetrader69 said:
When talking of markets you mean forex, futures, stocks, options? Sorry I'm still trying to learn.....

nt
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It works for forex, stocks, futures...
It works in any trend: strong trend, weak trend, no trend...

So it is NOT simple. It is even complex.

When I say: "it works", I mean that it makes consistently money in the long term. The performance depends of course of what the markets offer, and some periods can be much less profitable while others are more profitable.

How many people on ET can double their money every year? Or every month? If trading is so simple everybody would do it. 70% of people lost money in crypto's, 90% lose money in daytrading, around 50% lose money trading stocks. How is that possible if trading is simple? There should only be winners.
 
novicetrader69 said:
Does it make sense to more experience traders in this forum?
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no, it does not

firstly, this game (as many others) requires many many different techniques to be mastered to be a winner player... similarly one can not just master the penalty kicks to be good player in soccer.... :),

secondly, even more important, before mastering those techniques has to be discovered by you first (unlike all other games where required techniques are public knowledge)

so you, my friend, like everybody else here, facing a monumental task: discovering whats needed in its entirety and then mastering it
 
s
schweiz said:
It works for forex, stocks, futures...
It works in any trend: strong trend, weak trend, no trend...

So it is NOT simple. It is even complex.

When I say: "it works", I mean that it makes consistently money in the long term. The performance depends of course of what the markets offer, and some periods can be much less profitable while others are more profitable.

How many people on ET can double their money every year? Or every month? If trading is so simple everybody would do it. 70% of people lost money in crypto's, 90% lose money in daytrading, around 50% lose money trading stocks. How is that possible if trading is simple? There should only be winners.
More...

Thank you for clarifying your statement.

Who says trading is easy?

Why would trading experts ever spend time writing a book if they could consistently make money by trading? Why would many of them start offering courses and trainings if they could just go on trading to make whatever amount of money they want?

nt
 
novicetrader69 said:
Why would trading experts ever spend time writing a book if they could consistently make money by trading? Why would many of them start offering courses and trainings if they could just go on trading to make whatever amount of money they want?
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simple answer: they have not enough knowledge nor skills to make living on the market
 
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