Something I would like to point to here, based on my own career and experience, in line with what you are saying Michael ..... The big participants are entities or as some people call them, companies, corporations or organizations. Whichever label ...

The Equilibrium, a key to success!

For me, your query runs deep into "too much of this vs too much of that". A simple eg is two people, one looks at the chart and has no idea what is going on and what could be building, while the other looks at the chart and sees what is happening ...

The brutal truth of day trading

B, A rule cannot trade a nuance or circumvent a data lapse. A rule based approach is and can only be solitary. The opposing force to objective is 'seen' as subjective but this is not Life. True objective merit and trading comes from going beyond ...

The brutal truth of day trading

Indeed. Re: entries and exits ...... the difference between ACTUAL price moves vs anticipated price fluctuations. Difference between blowback AKA floating loss (temporary negative price movements behind order fill price before market moves in your ...

The brutal truth of day trading

I was asked yesterday by someone about building an account with intraday trading in a fast but safe way. Hehehe .... safe ?! Ok. As it relates to day trading, I want to post this here. Also it needs to be said, that I'm not in the habit of reading ...

The brutal truth of day trading

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The brutal truth of day trading

image In this picture sits a person's perception, opinion, and belief about basically everything. Basically ANY 'thing', idea, topic or subject you can think of. The world of trading is a great spotlight. Here is another ...... image Now, before ...

The brutal truth of day trading

What I am about to say is for someone to learn not argue and debase reality. Criticism comes in 2 forms .... 1. Harmful or destructive attempts to minimize a person's/thing's worth 2. Constructive feedback However, this is based on the premise that ...

The brutal truth of day trading

Day trading (As with any trading) is very similar to thinking ..... * The difference between merely seeking answers to questions and actually learning something .... image * How it looks to make assumptions when it's unnecessary .... image * ...

The brutal truth of day trading

Bilal, I have said a few times now, that while man does create rather self-corrupting things in this world, it is to be determined by each individual, through what principles they will run their life. Therefore, lingo and jargon and expected norms ...

The brutal truth of day trading

Day traders abound, if you "believe" that data is the pinnacle, then it stands to reason that you must ALSO believe that fairies are sitting on a Tahiti or Hawaii beach with their laptop sending huge orders to market. And then doing "other things" ...

The brutal truth of day trading

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The brutal truth of day trading

Yes very mature to say such things. I wasn't actually looking at who said what you said here. So you can conjure up whatever story suits your thinking. Unfortunately, what many people do not see while they're learning is - once you start down the ...

The brutal truth of day trading

Both EURUSD and GBPUSD were going to have a down day yesterday. People would have known this in advance if they studied the markets instead of just 'trusting' any point-to-point data trading methodology. Of course now I'll hear from all the ...

The brutal truth of day trading

Here's a useful situation to look into so you can further understand why people spend so long on learning the basics, being taken for a ride by what others say or do and get to a point where they feel like giving up. And why having your own mind ...

Objective Thinking And Trading

People can be at times so fickle. And the constant swaying of conflicts vs desires is something that any decent trader must face and eventually delve into, face and deal with. It definitely reminds me of a story most of us/we all know. The Wizard Of ...

Objective Thinking And Trading

I will keep this one quick so people can decide for themselves where they stand. Trading is an activity, like any other .... in certain contexts, but different in some ways. Here is something a person COULD get some use out of, if they are willing ...

Objective Thinking And Trading

Hehehe, then I suppose you're perspective would be different wouldn't it. I sense many people seem to look at things that way. What I find funny about all this these days, people want to uphold their own 'personal truth', but personal truth belief ...

The brutal truth of day trading

When I look at my feet, am I looking down or seeing down? I can never remember. I just let my feet look up at my head and meanwhile my head looks at my feet. This is how I remember to stay grounded when I read some of this on forums or online or ...

The brutal truth of day trading

Fair enough. For me, I use "leverage" as a way to see if someone is a real trader or if they sees it (And trading) as a play toy. People don't understand and respect leverage. Where did that money come from? Who's footing the tab? Who just lost ...

The brutal truth of day trading