http://www.elitetrader.com/vb/showthread.php?s=&threadid=74701&perpage=6&pagenumber=6
Originally posted by Africatrader 08-11-06 09:39 AM
I think I have been misunderstood, when I said trader is for dumb people. I did not apply that everyone trading successful is dumb, my statement was made in the second version of speech.
I know there are highly educated and successful people out there, also trading. what I have discovered, through a very painstaking process is that or let me say in my case. Is that trading cannot be approach with a intelligent, or scientific mindset. The simpler you keep your analysis, the better you do. I have no idea what dictates the markets or what influence them really, i simply approach it for what I see. I do not reason, calculate, determine ratio's and this and that.
I know there are also people who are more successful in trading than I am. what they did, works for them. Sometimes I only trade 2 a week, sometimes everyday. For example I did not have a losing trade and I still used the same method.
I apologise if it was understood I attack the integrity of the traders out there.