I know NOTHING...... Except that price has momentum and that's what I trade.
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DislikedI know NOTHING...... Except that price has momentum and that's what I trade.Ignored
DislikedI know NOTHING...... Except that price has momentum and that's what I trade.Ignored
DislikedI'll gladly take the other side of your trade, and the other slower momentum traders. Who doesn't love a discount :-)Ignored
DislikedNo it's not! It's called protection. It doesn't matter if you are stopped out of a profitable or losing position, a stop loss serves to protect your capital from further depreciation which to some traders here is really important. A margin call is what I would call a real loss.Ignored
Dislikedlike the universe constantly trying to be understood
the market is constantly trying to be understoodIgnored
DislikedNeither the market, nor the universe is "trying" to be understood. They are simply a reflection of their respective participants.
I know the market tricks me into thinking I am smarter than I am.Ignored
DislikedI know NOTHING...... Except that price has momentum and that's what I trade.Ignored
Disliked
1) traders' tales are usually half lived, half lies
2) if one wants to be profitable, one should not talk about the market
3) the market's only purpose is to transfer the trader's accounts to the brokers' bank account.
4) On a long enough time line, the survival rate for everyone in the market will drop to zero.
5) If left un-managed profits are temporary and loses are permanent.
6) the risk taken is more important than the potential gainIgnored