ElectricSavant
Registered: Jan 2003
Posts: 14844 |
11-28-10 05:09 PM
kingfisher3210,
ahhhh...(after five years and 153 pages of posts with 79856 views).
...this is the question to you kingfisher3210: is Statistical Trading "not gambling"....Did you vote?
This is important.
Es
Quote from kingfisher3210:
I was pissed off with fundamentals and technicals because it seemed nothing worked consistently.
Then one day starting from Oct 1, 2010 i started to maintain a journal of an Asian future market which i trade recording how the price behaved- Where it opened, where it hit high, where low, where it closed.
I started to understand, memorize and revise the journal every day and the neurons and synapses inside my brain have started to get hang of things.
Trading is 100% collective psychology. No single technical indicator can help to make profit consistently until and unless one does not read the collective psychology. Reading the markets correctly is imperative.
I have tracked 41 trading days in journal, revised every trading day hundred of times and i am able to understand why market behaves how it behaves.
I only need price to work on my trades.
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