LOL! It's like a self sustaining feedback loop. Haaaa, good ones!
yes....but....normally what happens is professionals like engineers who are very successful in their field enter the arena of trading and apply the same old thinking expecting to produce the same old result....they end up disillusioned and quit after depleting a lot of capital to be replaced by a new set of fortune seekers... a regular stream of such people is what helps the winning traders to earn a regular income !
That's very true, Ananth. Surviving in the the market is very important.And that's the reason to seek an edge and out of box thinking.
@ SS@ AnanthThanks for the commentsIMHO, there are two parts in successful trading1.Defining a structure or framework within which the price move2.Tactics and methods to trade these movesSecond part is relatively easy.Can be found out with little trial and errorNobody can define the exact structure of the Market. If anybody achieves this , he/she will own the entire planet in no time.We are like the blind men in the story who explained an elephant.Our aim should be to reach as close to the reality of the Market as possible ST
Thanks for giving a good picture, which I needed to explain the concept to someone else. I hope you don't mind me using the same.RegardsR. S. Iyer
RSIYou can freely use and share anything and everything found here because I do not own itST
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