Hi Folks !
Have you ever asked yourself why 95% of all traders are loosing their
money in the short or long term ?
Imagine you have zillions of monitors and state of the art hardware
in your office.
Every morning you wake up and take place in front of your
control panels which are similar to the ones in star treck and
want to make big bucks.
You are clever and have checked all systems on FF and have distilled
the essentials to one super duper trading system which is tailored very
special to your needs.
Now you watch your indicators and price action and after a short
time you see your first trade for the day.
All indicators confirm that it's a big home run and you go in with a
small portion of your account.
(Of course you are the king of money management)
But whats this; holy shit; price is heading up and suddenly stops
and turns against you as fast as a lightning.
What the heck is going on here you say to yourself.....
You bail out at break even or with a small gain if you are an
experienced and disciplined trader.
The other guys may be get stopped out or have no stop....
And this story goes on and on....
Well you may ask now why only 2-5 % of all traders make a load
of bucks every day ?
They tell you all they use no indicators.....
The truth is they even don't need a chart to make money !
Why ?
BECAUSE THEY KNOW WHERE PRICE IS GOING EVERY DAY ON EVERY
PAIR !!
SO ITS NOT STRANGE THAT ALL BIG INVESTMENT BANKS MAKE
HUNDREDS OF MILLIONS EVERY YEAR !!
Lets say the EUR/USD is at 1.4630 and our big boy knows that
offers are standing at 1.4670 he even can buy without having a chart
in front of him.....
If you have this information indicators are only a decoration to
colour up the black trading screen.....
It's only my 2 cents....
Darkstar is one of the guys who knows well whats going on behind the
curtain....
Read his posts and try to understand whats really going on !!
It's only a small path between success and failure..
Happy Trading
Bernhard
Have you ever asked yourself why 95% of all traders are loosing their
money in the short or long term ?
Imagine you have zillions of monitors and state of the art hardware
in your office.
Every morning you wake up and take place in front of your
control panels which are similar to the ones in star treck and
want to make big bucks.
You are clever and have checked all systems on FF and have distilled
the essentials to one super duper trading system which is tailored very
special to your needs.
Now you watch your indicators and price action and after a short
time you see your first trade for the day.
All indicators confirm that it's a big home run and you go in with a
small portion of your account.
(Of course you are the king of money management)
But whats this; holy shit; price is heading up and suddenly stops
and turns against you as fast as a lightning.
What the heck is going on here you say to yourself.....
You bail out at break even or with a small gain if you are an
experienced and disciplined trader.
The other guys may be get stopped out or have no stop....
And this story goes on and on....
Well you may ask now why only 2-5 % of all traders make a load
of bucks every day ?
They tell you all they use no indicators.....
The truth is they even don't need a chart to make money !
Why ?
BECAUSE THEY KNOW WHERE PRICE IS GOING EVERY DAY ON EVERY
PAIR !!
SO ITS NOT STRANGE THAT ALL BIG INVESTMENT BANKS MAKE
HUNDREDS OF MILLIONS EVERY YEAR !!
Lets say the EUR/USD is at 1.4630 and our big boy knows that
offers are standing at 1.4670 he even can buy without having a chart
in front of him.....
If you have this information indicators are only a decoration to
colour up the black trading screen.....
It's only my 2 cents....
Darkstar is one of the guys who knows well whats going on behind the
curtain....
Read his posts and try to understand whats really going on !!
It's only a small path between success and failure..
Happy Trading
Bernhard