I start this thread, because the last few days I read in other threads that we can't have an edge in trading, options are casino, etc.
The truth about all this is that most of the traders share the same thinking and eventually they lose money. Financial markets are a zero sum game (in its most generic meaning).
For someone to win, another one must lose. This is absolutely true but to care about it, you must be a hedge fund manager. However, if you are an individual trader I don't think that should bother you that much.
Let me tell you this loud and clear - WE (small individual traders) HAVE THE ULTIMATE TRADING EDGE.
That's right. This edge is not a Magic or Bulletproof trading system or whatever you name it.
The only edge we can obtain is - THE KNOWLEDGE. The knowledge about what exactly the market is. How it operates. Which are the main participants on it and what they exactly do. How the order flowс ареgenerated and how we can analyze it, etc.
When you gain the necessary knowledge about trading, then you can become profitable trader (or Ruthless Profiteer as my partner says).
I had a few requests from people all over the world about my books. They have been published only in Bulgarian so far. Soon they will be available in English as well. I have shared all my experience in these books and hope you will find it to be very useful (for most of my Bulgarian readers it is)..
However, you can visit website (www.theultimatetradingedge.com) and receive 5 Free Ebooks about my some of my strategies, the mental attitude of winning traders and more.
This thread will be about the trading edge we can obtain. I am sure that you will agree with Napoleon Hill’s statement that one can succeed if having a Collective Genius at hand (an alliance of two or more minds cooperating for the attainment of a definite purpose). Therefore I hope that you will share your thoughts the same way I will.
The truth about all this is that most of the traders share the same thinking and eventually they lose money. Financial markets are a zero sum game (in its most generic meaning).
For someone to win, another one must lose. This is absolutely true but to care about it, you must be a hedge fund manager. However, if you are an individual trader I don't think that should bother you that much.
Let me tell you this loud and clear - WE (small individual traders) HAVE THE ULTIMATE TRADING EDGE.
That's right. This edge is not a Magic or Bulletproof trading system or whatever you name it.
The only edge we can obtain is - THE KNOWLEDGE. The knowledge about what exactly the market is. How it operates. Which are the main participants on it and what they exactly do. How the order flowс ареgenerated and how we can analyze it, etc.
When you gain the necessary knowledge about trading, then you can become profitable trader (or Ruthless Profiteer as my partner says).
I had a few requests from people all over the world about my books. They have been published only in Bulgarian so far. Soon they will be available in English as well. I have shared all my experience in these books and hope you will find it to be very useful (for most of my Bulgarian readers it is)..
However, you can visit website (www.theultimatetradingedge.com) and receive 5 Free Ebooks about my some of my strategies, the mental attitude of winning traders and more.
This thread will be about the trading edge we can obtain. I am sure that you will agree with Napoleon Hill’s statement that one can succeed if having a Collective Genius at hand (an alliance of two or more minds cooperating for the attainment of a definite purpose). Therefore I hope that you will share your thoughts the same way I will.