Hi friends. I've decided to begin a journal. Here we go:
The best thing I have learned about trading is that: You can not know where the market will go.
That is not some negative-Nancy (or even Debbie-downer, if you would rather ) talk like you will hear some people saying concerning the impossibility of trading successfully. That talk is nonsense. Lord willing, I won't ever return to corporate employment life because my trading business is currently moving along well. That means you can not be prosperous, isn't what I am saying in any way. Trading is a business like any other, and recognizing supply and demand can be profitable, as with any other types of businesses.
The point isthat folks spend as much time attempting to predict what the market will do, rather than learning to respond to what the market has done. That is a large difference. If you realize the fact of what I have said, you can not know where the market is led, then you can spend your time wisely.
Simple as this may seem, if you learn and apply this knowledge to your trading, then you may see what a powerful realization it actually is.
) talk like you will hear some people saying concerning the impossibility of trading successfully. That talk is nonsense. Lord willing, I won't ever return to corporate employment life because my trading business is currently moving along well. That means you can not be prosperous, isn't what I am saying in any way. Trading is a business like any other, and recognizing supply and demand can be profitable, as with any other types of businesses.
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