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Welcome To Casino !

  • Post #1
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  • First Post: Jun 11, 2006 2:35am Jun 11, 2006 2:35am
  •  MaXeY
  • Joined Mar 2006 | Status: Member | 985 Posts
-In News Time Looks Like You're In A Casino

In News Time You can Choose Your Fate:

1- You Could make more money than you did in a Week.
2- you Could lose all your weekly profits in a Few minutes.
Charting Markets into the Future...MǎҖ€¥.
  • Post #2
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  • Jun 11, 2006 2:56am Jun 11, 2006 2:56am
  •  Bemac
  • Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
Quoting MaXeY
Disliked
-In News Time Looks Like You're In A Casino

In News Time You can Choose Your Fate:

1- You Could make more money than you did in a Week.
2- you Could lose all your weekly profits in a Few minutes.
Ignored

Confidence bourne from knowledge is your key.
 
 
  • Post #3
  • Quote
  • Jun 11, 2006 2:43pm Jun 11, 2006 2:43pm
  •  Liquid4x
  • | Joined May 2005 | Status: Pips Ahoy! | 207 Posts
If you're a good trader you dont need to rely on news and/or luck.
Not trading during news eliminates luck factor out of trading.
 
 
  • Post #4
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  • Last Post: Jun 15, 2006 3:34pm Jun 15, 2006 3:34pm
  •  Klaka
  • | Commercial Member | Joined May 2006 | 60 Posts
I've heard from experienced traders that trading the news is for newbies?
How is this so, isn't this where the most head games are played wit broker, banks and hedge funders?

I would like to think tha new trading is for aggressive scalpers, not newbies.
When i first started last year, i foun that long term trading is alot more from newbies than anything, in demo accounts ofcourse. But short term starts to move alot faster. First it's the Matrix bullet time effect with tons of bullets flyin at you, which is what long term 1 hour charts and up are.


Then, as you decrease your trading style without charts, indicators, or even charts and start looking at price by itself. Then, it becomes the real, fast, dangerous and very quick certainly in lose, or instant profit.

This is where 1 minute and tick charts come in to play.
 
 
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