Trading is like ...

Can you compare trading to something else in life? Some say they're like snipers, hiding until the time comes to pull the trigger. For others it's like a battle.

For me it's not war or hunting. It's like I just sit on the shore and watch the flow. When I think the stream might take my boat somewhere, I set sail.

And you? Who are you in the markets?

Thanks for your answers.

trading is like ...

riding an elevator, where people get in and out at different floors, altering the speed and direction. though you can jump in on any floor, you can't get to the floor you want unless enough people want there too. the elevator is slow on the way up and fast on the way down. if there are to much people wanting in one direction, you can't get on or off the elevator. usually you want to get as far in your direction as possible.

but some people just want to get one floor up, they would get out if the elevator first moves two or more floors down. they don't care where the elevator is heading. some people know where the elevator is heading and don't care for the alternate stops.

most would get out if it moves below the point where they got in.
others hope it changes direction, but eventually crack.

some want down because the elevator moves up, some want in the direction they are moving.

some people use complex calculations to guess where the elevator is heading, some look at the other faces and try to feel the sentiment, some listen carefully to the chatter in the elevator and decide on the fly, some derive the direction from the movement of other elevators and others join together to dominate the elevator for a while.

sometimes the elevator isn't moving anywhere.

sometimes it's so full, people are scared to get in.

most people give up riding the elevator and use the stairs for the rest of their lives.

true and entertaining, silverheat

Interesting question.

Trading is like drinking. If you do it too much, you regret it the next day.

Trading is like being a merchant. You try to buy low and sell high. You exercise patience waiting for the best deal. You don’t commit too much of your capitol into any one item, just in case it isn’t profitable. If your purchase turns out to be a loser, you dump it for what you can get and move on.

Profits are better during some times of the year than others. You have a business plan and use your discipline to stick to it. A new shop recently opened up down the road, selling the same stuff. But you’re not worried about it because you know they’re inexperienced and will therefore probably fail. Most new shops do.

trading is like a woman, it's hard to understand

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angels and Grid Gann

errich: yeah, LOL. Better just love them, and don't try to understand them

PC: I like the shop analogy, all that matters, on the long run, the shopkeeper be able to sell his stuff on average, at a better price than be paid. Maybe he'll have to sell some apples cheaper than he bought, just to get rid of them before they rot. And who cares if he can make loads of money on another deal?

trading is like a box of chocolates. You make an educated guess what it will be but it may always turn out different...

Trading is like...

learning to ride a bike.

It will take (a lot of) time to make it.
You will fall and there will be blood.

DEMOing and theory can't replace the real hard practice.

trading is like...

taking a prison shower.

trading is like rowing a boat from one island to another ...
when there is no tide , u will get exhausted from all the rowing to get there ...
when the tide is good u ll get there in no time...
when theres a tsunami , u can get killed if u r not skilled enough...

Ha Ha!

Yeah, there are times that you want to pick up the soap but decide this isn't one of them.

there are times u get done by the ass,so next time u come,u hope u learned ur lesson,it all comes to that moment how u figured out ur defences and entry points into defence and attack,so wish yourself luck and a clear mind

I used to play when I was younger, and I have more free time now than ever before.

I've tried to get back into the game, studying tactical problems and playing some games.

I honestly think it has helped me lately to "sit and wait" for better trade entries.

When solving some of the more difficult chess problems, the first obvious good move isn't always the best, you have to sit and look some more and find the BEST move.

Comparisons to trading... don't take the first good price, look for the BEST price.

Trading is like music. It can be real good or it can be real bad.

Trading is like wooing a sexy woman. Knowing that if you do it right you will get the ride of your life, but in reality even if you DO get it right she will still walk away with your money.

Like playing poker to me.

Can't win every hand but you play the odds.


-Mike

hahahaha...LOL..

Trading is like the old time treatment for venereal disease for men. A doctor would take a tool, quite similar to cleaning rod used for guns, and clean out your penis. It really, really hurts.