Imagine that a foreign power took over the world (I won't name names). You don't know its customs or language and you have to survive among them. There's no way out! There are others like you who were there for awhile. Most of them claim to have experience in dealing successfully with the occupiers. They all are very secretive and self important.
Almost all tell you:
"When somebody hits you, retreat" = use stops; some prefer "grunt", "punch", "hit you twice", etc.
"When you get a slice of bread, take it and run" = use targets; some prefer "half a slice, "three crumbs", etc.
But they have different plans:
"Do what others do" = follow the trend
"When others do something be ready to do the opposite" = enter for counter-trend
"When you hear 'wa' twice, try to take that slice of bread" = use indicators
"Watch only the bread slices, nothing else" = use price action
Others wisely caution:
"Occupiers behave always unexpectedly, there's no rule" = market is random
Some that seem even wiser say:
"To get a slice of bread don't risk more than a slap, for three crumbs run at the first grunt" = money management
There's also an old man who speaks in very long and contorted phrases; you stretch your brain and patience to understand what he means; he seems to say:
"I'll teach you the occupiers' language and customs, and they'll become your friends; no strings attached; you just have to do the work"
Obviously there are also plenty of trolls jumping around you, shouting concerned with your well being.
What to do? Whom to trust? Whom to follow? How to survive? How to do it better?
Almost all tell you:
"When somebody hits you, retreat" = use stops; some prefer "grunt", "punch", "hit you twice", etc.
"When you get a slice of bread, take it and run" = use targets; some prefer "half a slice, "three crumbs", etc.
But they have different plans:
"Do what others do" = follow the trend
"When others do something be ready to do the opposite" = enter for counter-trend
"When you hear 'wa' twice, try to take that slice of bread" = use indicators
"Watch only the bread slices, nothing else" = use price action
Others wisely caution:
"Occupiers behave always unexpectedly, there's no rule" = market is random
Some that seem even wiser say:
"To get a slice of bread don't risk more than a slap, for three crumbs run at the first grunt" = money management
There's also an old man who speaks in very long and contorted phrases; you stretch your brain and patience to understand what he means; he seems to say:
"I'll teach you the occupiers' language and customs, and they'll become your friends; no strings attached; you just have to do the work"
Obviously there are also plenty of trolls jumping around you, shouting concerned with your well being.
What to do? Whom to trust? Whom to follow? How to survive? How to do it better?
