I am reproducing some of the most important messages that i wrote or read today.
1
find edge.
manage risk.
repeat.gr8.
that sums up all the billions of dollars worth of industry
that talks, writes, trains about trading
2
these days
trading is not anticipating
and that too in futures indices
and that too short term
for retail traders.
Just one wrong trade can kill you financially
if you over stay
.
IMHO
DYOR
PS.
Now read this v v carefully and never ever forget it.
T
he biggest problem people have is, they have this bias, which they usually pick up from listening to the media or a "guru's" opinion. They then tell themselves whatever story they need, to justify the bias, and only fixate on details that fit with the story they're telling themselves. The trouble is, no one pays you for your story. They only pay you if you follow price and trade well based on price.
3.
croregan said:
↑
just follow the chart,U R SYSTEM and manage UR
risk,
Nothing else matters.
1
Great analysis
