%% Good points; but i only agree with the '' …….away...…….TV'' about 80%. I seldom watch much TV, but the bank or MCD may have on FOX news, FOX business, + I tend to check out S&P 500, Nasdaq, QQQ..... on their screen- sure don't have to. Most in media confuse gambling with market business; using that lamebrain lack of logic; since we gambled for$ 00.25[quarters] as kids in the pool hall; is that why so many funds divide the year into quarters????,?????.LOL, Merry Christmas/Happy Hanukkah+ holidays
Ok. Do you personally know any strategies? Cause it sure as hell isn't me free hand drawing "trend lines" over tick charts. I went back and read a lot of @Steve Alexander 's old posts. He said he's never met a profitable day trader, only swing traders. That sounds reasonable to me. In Thorp's hedge fund, it says he only made 20% per year.
You've high expectations. ONLY 20%. If you can make 20% this year, you're among the top hedge fund managers. Hedge fund managers are usuallu well paid, despite delivering poor performance to their clients as a group.
I can make better than 20% doing other things besides trading. The average of the S&P since 1983 is over 20%. So what kind of accomplishment is that?
1 and 3, a million times yes. 2... hmmm... bit excessive. My only good memories from my first nine months of work was Bodyshaping by Kiana. Without that, I think I might have quit. 4... Could be good advice. He's been trading since '69. I'd just make sure, every day, that he didn't put his dentures in the toaster oven. ...as for Merry Christmas... this is a trading website so.... ...drink your gin and tonicah And smoke your marijuanikah If you really, really wannakah Have a happy, happy, happy, happy Hanukkah Happy Hanukkah!!!!
Technical analysis is arguably the most effective method of Forex analysis. So OP should learn it to the last detail and hopefully will change his mind.