Hi all.
Some notes on trading projectiob
One is - I am starting to realize that analysis will not replace the actual trading.
It does help to give a general frame of reference, but the actual daily trades and trading reactions seem to be more important.
And that boils down to psychological factors, not just technical analysis.
Two - it's simply very time consuming and it's become a bit less fascinating to attempt the outguessing of the market beforehand.
Why?
Because there's really no need.
All over the forum "fundamentalists" and TA fans alike keep on trying to predict this and predict that, give gazillions of reasons....and half end up being right and half end up being wrong.
The simple solution still remains:
Trade what you see, not what you think.
It's on everyone's chart.
So no matter how nicely I'll lay out things here, if the market is not in the mood for it, then it will just do the opposite, BUT it will always give clues as to what it's doing, simply by moving.
Discipline, endurance and persistence are everything.
My best wishes and good luck to all of you,
PAT
Some notes on trading projectiob
One is - I am starting to realize that analysis will not replace the actual trading.
It does help to give a general frame of reference, but the actual daily trades and trading reactions seem to be more important.
And that boils down to psychological factors, not just technical analysis.
Two - it's simply very time consuming and it's become a bit less fascinating to attempt the outguessing of the market beforehand.
Why?
Because there's really no need.
All over the forum "fundamentalists" and TA fans alike keep on trying to predict this and predict that, give gazillions of reasons....and half end up being right and half end up being wrong.
The simple solution still remains:
Trade what you see, not what you think.
It's on everyone's chart.
So no matter how nicely I'll lay out things here, if the market is not in the mood for it, then it will just do the opposite, BUT it will always give clues as to what it's doing, simply by moving.
Discipline, endurance and persistence are everything.
My best wishes and good luck to all of you,
PAT
I come from the future.
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