Hello all, I'm a newbie and for the past two years have studied several strategies with no success, except for very profitable casino style trading on gold...
Then the obvious comes to mind... if 95% of traders lose money consistently, if we bet on the opposite trade of the herd we profit...
That would probably mean to do the very opposite of what books and gurus recommend, maybe sell at dips, buy at tops, go always counter trend, aim for large sl and short tp and other crazy ideas since when we follow these rules we apparently always lose money...
So who is the worse trader among us? We should DO THE OPPOSITE AND PROFIT!!! (I understand a successful trader might want to hide the secret but maybe a incredible loser might give us the holy grail....)
Now, seriously, anybody have any great ideas to discuss, I mean anything that is counter intuitive, against mainstream beliefs...?
Success to all!!
Then the obvious comes to mind... if 95% of traders lose money consistently, if we bet on the opposite trade of the herd we profit...
That would probably mean to do the very opposite of what books and gurus recommend, maybe sell at dips, buy at tops, go always counter trend, aim for large sl and short tp and other crazy ideas since when we follow these rules we apparently always lose money...
So who is the worse trader among us? We should DO THE OPPOSITE AND PROFIT!!! (I understand a successful trader might want to hide the secret but maybe a incredible loser might give us the holy grail....)
Now, seriously, anybody have any great ideas to discuss, I mean anything that is counter intuitive, against mainstream beliefs...?
Success to all!!