question for ew gurus, page-8

Zorro

To have a first trade of 40% is fantastic effort, now plan B is not to give any of it back to Mr Market.
You ask where is the logic in the move, there is no logic except for more people might buy rather than sell and vice versa. So all you do is trade the trade, if your wrong you get stopped and if your right you make another motza, and plan on making 6 out of 10 motza's and 4 stops. You will be in the top 10% of traders :))))
There are 2 things why not many people succeed at trading
- they dont use stops, or money management control
- they try and justify there trade after they have taken it.

In the past months many have stated why BHP will fall to $10, and have put up articles to justify why, but who really cares???? Not I. Now in that time 3 trades have yielded 50% 23% and 12%. And a few good shorts as well.

So my question back to all is if you wish to trade let others make the noise and we can worry about the trades.