Disliked{quote} True jokes! I just received a PM I would like to share. It has everything to do with Tah's post. A trader's statement was that he does not have much time to start earning money trading, since he is "already 30". I had a god laugh (since I am pretty older) and pointed out to him, that such an attitude in contraindicated. But there is a true joke about my trading before forex: If you want to get a good mid-long term investment, trade comodities. Since you don't want to close large red trades, they turn into investment. All the pattern...Ignored
Patience and time are paramount in trading successfully. Just think of the opposition. These Robber Banks have all the time, all the credit (fiat money), all the control (price manipulation) that is needed to assure things ALWAYS go just how they intend. It is absurd to think of going up against them by analyzing, finding a pattern or some other reason to justify a trade, throwing some money into the game,......and thinking you have even half a chance of eventually not losing it all!
More than this is required for at least even odds to break even! And more yet if you expect to extract money from these crooks, instead of the other way around. Patience and time, time and patience,......and I would add it also requires awakening to the how the market really works, keeping a healthy respect for the capabilities of these crooks that operate this market, and never ever over trading the account, no matter how good an "opportunity" looks!
tah