Trading as a Business
Posted: Mon Mar 02, 2015 11:03 am
by unknown author
zonescalping wrote:Trading is not a business its a gambling. Market is totaly random its hard to say that is business.
Captain Pugwash wrote:zonescalping wrote:Trading is not a business its a gambling. Market is totaly random its hard to say that is business.
You have a lot to learn old chap
The market may look random to you - I suppose the market is supposed to look random
You just have to know where to put your arse next to, when you take the trade
Your arse needs to be against "something" that has enough "temporary" strength to support your move.
Get in - and get out - and dont forget to look for a double failure - if you cant do that then you are right in your mistaken premise. (that said, there are many ways to trade - if your method works - and you use different parameters - fantastic and good on you)
Its taken me nine years to learn this bit of simplicity
Captain Pugwash wrote:zonescalping wrote:Trading is not a business its a gambling. Market is totaly random its hard to say that is business.
You have a lot to learn old chap
The market may look random to you - I suppose the market is supposed to look random
You just have to know where to put your arse next to, when you take the trade
Your arse needs to be against "something" that has enough "temporary" strength to support your move.
Get in - and get out - and dont forget to look for a double failure - if you cant do that then you are right in your mistaken premise. (that said, there are many ways to trade - if your method works - and you use different parameters - fantastic and good on you)
Its taken me nine years to learn this bit of simplicity
Mr. Hyde wrote:"and dont forget to look for a double failure" care to explain what u mean an d if possible show an example.
salezyakuku wrote:Mr. Hyde wrote:"and dont forget to look for a double failure" care to explain what u mean an d if possible show an example.
The ideas that I trade by. Pages 172 and 173.