95%+ traders fail. So the derived secret is, when you’re clicking Long or Short, instantly do the opposite of your batural instinct. Success auto goes to 95%.
Problem with this is that forum traffic would go to zero
Secrets to success in trading
- Thread starter jharmon
- Start date
95%+ traders fail. So the derived secret is, when you’re clicking Long or Short, instantly do the opposite of your batural instinct. Success auto goes to 95%.
Problem with this is that forum traffic would go to zero
Most of us are taught that there is only so much much money to go around. In trading, the opportunity is limitless. In order to be successful, I have to be able to value myself and believe that there is opportunity every day. Some days, like today, are bigger than others. You have to ignore limiting beliefs, like 95 percent of the people who trade are losers. Who cares? Trade the opportunity you perceive, and stop worrying about everyone else.
yes trading is horribly difficult-trading any thing is horribly difficult.
Try selling a second hand car or shirt or pen for a profit. you need to buy at correct price and you should know if you can get a higher price for it.
Trading financial instruments is easier if you understand the role of buyer and sellers:what do sellers want? sellers want higher prices. buyers want lower prices to buy.
Now what happens when the market is going up 10 points every min? sellers want higher prices to sell while buyers want lower prices.
If market after going up 10 points /min for 15 min, drops ten points in two min,buyers will jump in,not because prices are low, but because prices are RELATIVELY low .
so experts say buy the dip.
this important concept is not explained by anyone and is the driving force for every transaction in the history of the world.
Prices are relative.
yes that would work
however, you cannot manage something if you cannot measure it: so would you measure your natural instinct?
thanks for that.
you must understand that the big boys need us.
if they ring you up and say sweet heart buy xyz because we have given a buy recommendation,you know what to do you sell it is that simple
Yes, this is very important! And this is how banksters are discouraging their clients to learn to trade unless with us this song was performed for some years. And this is also how they are keeping client's orders on the table, not adding a penny to the markets value and simply waiting for when novice investor will felt. And this is also why banksters are starting to call you as crazy when your position is growing and will ask you to lock profit - because those bandits has never opened your position in the real market. But we have survived and we are not only one! Mark Omens Executive director of retail sails CME Group, on his interview last year stated that accordingly CME group estimates there are fourteen millions of us in the world - independent free traders! https://www.thestreet.com/video/143...sn-t-just-for-big-players-cme-group-says.html
That is exactly what I look for:moves which have become obvious.
That's why I builded a tradingsystem. How do you know when to enter if it should not be obvious? I would have to enter 20 times a day, each time when things are not obvious...
