Only the public make mistakes, we can make money.

Speculative is a very hard business,and also is a zero-sum game,Only public make mistakes, we can make money.Any way like wave theory, the moving average, Bollinger Bands, MACD, etc from the book is always lose money,
Technical analysis, a lot of people like to draw the support line and pressure line, I've seen a man more than ten years working on Wall Street is still drawing a line,but the fact is that no distinction between newcomers and older.otherthing when the market happens to wave theory, and he will say that wave theory are powerful, when the market is wrong,He thought he was wrong without doubt the wave theory。
give up theTechnical Analysis , give up the moving average, give up popular trade way from the book ,you need just rect look at the price,I ensure you will get ahead. The one who solved the price volatility, who mastered money`s codes。
 
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Good thinking is fundamental that you make money, The sooner you get this ability, the sooner you get rid of loss.When mass of trader make mistakes, we open the opposite market,then just wait money`s coming .

When mass of trader make mistakes, we open the opposite market,then just wait money`s coming .ah.

Prices is at a high level and when start to weaken.someday price the first break up,but then failed to break through, then it is our sell
opportunity.

Prices is at a low level and when start to weaken.someday price the first break down,but hen failed to break through, then it is a buy opportunity.

This is the things many people dream of.it is from Jesselivemore--The least resistance of the price .
 
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I think, in the end, everything comes down to the pattern of uptrend and downtrend according to the Dow Theory. You can make a living trading if you adhere to these trend patterns.
 
I don't know for sure, sometime I am hear if technical trader tehy can making money and with simple analsyis based on technical indicator, but many trader based on fundamental they said if fundamental analysis is better than technical analysis, in fact making money from the trend market reqquired good understanding and keep discipline with risk management
 
Not a zero sum game, you paying brokers, paying the spread, equipment, you in the hole already and you just started, then I hope there is something left so I can steal the rest of it.
 
Not a zero sum game, you paying brokers, paying the spread, equipment, you in the hole already and you just started, then I hope there is something left so I can steal the rest of it.
Yes of course as trader will paying spread fee which usually diferent broker offer different spread, beter understand with pair and spread on our broker so not shocks if suddenly open trade hen watching get floating loss,
 
I think, in the end, everything comes down to the pattern of uptrend and downtrend according to the Dow Theory. You can make a living trading if you adhere to these trend patterns.

Generally speaking, that's true -- The trend is your friend. o_O
But I say generally speaking with caution, the few times it doesn't work can be like stepping on a land mine. :sneaky:

...You need other skills and intuition rather then merely following a line_ :confused:
 
"Generally speaking, that's true -- The trend is your friend."

For me, trend can be fictitious cause 75% of my signals in day trading and 100% in long term trading Commodities will be going against whatever current trend is.

I only care about Trend, after I enter the market and want it to go my way.

 
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