Why is trading so difficult?

traderGOD said:
what is hog wash and what is technical analysis?
technical analysis says that the market moves faster in one direction than the other.This is not hog wash it is common sense.
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ROFLMAO ............... after this colored text in italics, poster dozu888 will become a trappist monk and say, "I don't need this sh*t no more"
 
traderGOD said:
YES
and in my case too big positions because i am so confident of what the market should do, but it always does not do that and sometimes does exactly the opposite.

The market does that because there are many who have good knowledge which enable them to reduce risk; but there should always be risk in your trade,because, if there is only one outcome,no one will take the opposite side of the trade.
She [the market] will never, allow herself to be taken for granted
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You are like my female friend who is impulsive and trades with abandon without any risk management and trade in huge size. She has lost seven figures in the stockmarket. Now, she trades one lots but, makes the same mistakes since, she refuses to make and use a trading journal. I have a smaller account but, take profits here and there but, spend it to pay bills as I am retired. I can trade better by cutting on my mistakes that I have no doubt of. It does not matter if you have a small account or a million dollar account, if you do not practice risk management, you will lose your monies! Believe it or not, "you are your own worst enemy."
 
smallfil said:
You are like my female friend who is impulsive and trades with abandon without any risk management and trade in huge size. She has lost seven figures in the stockmarket. Now, she trades one lots but, makes the same mistakes since, she refuses to make and use a trading journal. I have a smaller account but, take profits here and there but, spend it to pay bills as I am retired. I can trade better by cutting on my mistakes that I have no doubt of. It does not matter if you have a small account or a million dollar account, if you do not practice risk management, you will lose your monies! Believe it or not, "you are your own worst enemy."
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i am also retired.
with a world wide depression coming we all have to make money in the markets
my aim is to make 2 pips a trade, only 4 times, a day, with one full lot:
then i will earn the same, as my wife, who works as a manager, quality control, in a pharma company, with 25 years experience.
Today in 5 trades, lot size .6, profit taken 2 pips, i have already made 66 usd and there is still 12 hours of trading day left. if i make this every day, i will earn double that which my wife is earning.that is what makes trading attractive.
i am not saying this is easy but that is my target
 
traderGOD said:
what on earth are Brooks patterns? if i [re]name America, macaroni, does it become 'My America'
There is nothing new in what he teaches: only renaming of old classical technical analysis patterns.
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%%
IT'S LIKE I told Don Bright[bros] Daytrading CO years ago; i would be willing to change my nickname, if i had to , but never had to. How about you,Trader Cod
traderGOD said:
:D:D:D:D:D:D:D:D:D:D got a trigger finger
all true
but ,pray,what on earth, is 666?

the books that are written are about strategy so they are not wrong but no strategy is the best.
It is management that makes the strategy work and make money.
The secret of success is the management of failure.
I cannot believe that i made a profit today so i am off to buy some beer and celebrate.
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Nickname Trader Cod; As far as Al Brooks patterns;S&P 500 emini patterns.
666 is the loser to 777;; 777 beats 666 every time.:cool::cool::cool::cool:,:caution::caution::caution:
 
themickey said:
Trader Cod registered 1 month and 642 posts later, how can anyone not notice, worse than junkmail.
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that is your opinion only
if the others have have the same opinion let them confirm it.ET does not belong to you for my posts to be called junk mail.
Let us see how many people agree with you.
I do not live to post here; i am only doing it to help some who are humble enough to accept that they need help.so i am expending a lot of effort posting here in ET

if many more agree with you than i will post only in my journal my live trades:because i would not want those learning Technical analysis,who have spent years studying it, to think that technical analysis is hog wash.
my journal will be proof that technical analysis is not hog wash
 
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