John S. wrote:John S. wrote:I see so many people on Kreslik and other boards that are wasting their time trying to learn "stuff" that has absolutely NOTHING to do with trading profitably.
Everything you'll ever need to know about trading is right here:
When price is going up - you go long.
When price is going down - you go short.
When your premise is broken you get out.
Add in common sense money management and that's it!
That's EVERYTHING you need to know about trading. Everything else is just noise.......just nonsense to sell something (indicators, webinars, systems, strategies, education, etc.) or feed somebody's fragile ego.
A couple of charts for you today:
"When price is going up - you go long."
long.jpg
"When price is going down - you go short."
short.jpg
I hope everyone in the U.S. has a great Fourth of July holiday. And Happy Birthday America!
A review of the two charts I posted almost 3 weeks ago:
- AUDJPY.long.jpg (135.75 KiB) Viewed 1449 times
- USDCAD.short.jpg (138.87 KiB) Viewed 1449 times
Please understand............the charts posted above on 7-4-17, represented my bias and trading direction weeks ago, but obviously, price doesn't go up or down forever.
I hope everyone has a great week!