You are Welcome!
I am Alessandro, Italian (so sorry, sometimes I could make some grammar mistakes), 23 years old. I studied IT and since 2010 I've studied markets and I am self-taught concerning them.
I am here because I've a great skill, I need to make me questions, I would like to see all clear.
I began 3 years ago with forex, indiors, systems, and much more.
Yeah I made some profits with but in the end I was not met because I wanted to know why markets proceed.
My research went through many disagreements, and in the end, it went through the truth. Yeah this is my truth that could differ from yours.
What is the truth?
The truth is that markets are manipulated each day, each semester (Asian, European, American).
Why markets are manipulated?
They're manipulated since there are subjects that are here to make real profits, and these subjects have enough money to move markets.
Who are they?
They're banks, smart currency, market makers, institutionals.
Who are we?
We are retail traders.
It is not important that goes the market, it's important to understand just how, when, why these subjects do what they do.
From today I shall call them banks.
We can start from what I said, banks are here to make profits.
You need to ask yourself, just how can banks make profits?
Banks make profits playing with us, together with our emotions, our habits.
Banks understand how we believe they understand our weaknesses.
An important thing to remember is that humans need more than one affirmation to make a choice.
Make money on market is 80 percent plogical and 20% difficult work to understand.
The 20% difficult work is to understand the 80 percent plogy of retail traders.
Market is created of cycles, when someone is buying, somebody is promoting.
That's all for today, I need say that I am not a professional trader, I am 23 years old, self-taught.
In this thread I will post more concept and some charts, maybe all day, it is dependent upon my spare time.
Hope you will enjoy that, have a great weekend!
Alessandro