There goes that all inclusive word. Not all homeowners. I built my home to live in not for resale. I had just retired an it is planned to be my last home. Been here 29 years. Unfortunately here is in california. Doesn't deserve to be capitalized.
it doesn't matter whether it's poker or trading. I'll win money period. I can't imagine well-disciplined traders losing money in poker....
Scrolling down all the way through BT's Trader Questionnaire, it becomes obvious that inherent in their criteria are skill and discipline.
Well a professional gambler understands that to be consistently profitable, he needs to understand the odds and play when the odds are in his favor. Trading is the same way.
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.
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
note: kingfisher states prediction is a fools game....he says traders try to make a jackpot....see below sooo. .. readers what say you? have you voted? http://www.elitetrader.com/vb/showthread.php?s=&postid=3021456#post3021456