Cornerstone(the marketing department of bookmap?) is linked with Bookmap (sponsor on ET). They might even be the same person. For Cornestone Bookmap is the ultimate product everybody should buy. The Cornerstone account was created shortly after Bookmap appeared on ET. 50% of all postings from Cornerstone are only about Bookmap. 4days after arriving on ET Cornerstone opened a thread about Bookmap: How long it took until you find the right trading software? Discussion in 'Trading Software' started by cornerstone, Jan 27, 2019.
One of the ironies of active trading is that you are often likely to do better if you initiate a position and then “forget” about it for a while. This fact makes scalping truly difficult if that is one’s definition of trading and scalping is definitely hard work because it involves a lot of screen time, especially when you trade futures.
It allows me to predict the price movements in much easier way then other tools, the heat map that shows where are the heavy buyers or sellers clarify the support ans d resistance points in much more certainty then other technical tools. For a beginner trader like me who had a lot of difficulties at the start Bookmap is a kind of a gift I guess and I'm happy to share it with other traders.
I use mostly Bookmap long before I signed to ET. It has changed my trading significantly and I'm happy to share my thoughts about it.
My friend day after day, he sits and sells bitcoins (shorts) in confidence that there will soon be a stop and down. Today I found out that he sold everything. He looks worried, and now he is not so sure that bitcoin will be down. I see in the face that he is afraid that bitcoin will go above 8000 and he will lose his entire deposit. If you sit for a long time and engage in trading, you kind of get out of reality and hypnotize theirselves.
%% You covered a lot of it, including an unnamed factor @ end. LOL.I don't believe in luck; one old trend follower said '' what you call luck I call a small sample'' But another thing that can make make it difficult;on the same gain or loss, people despise a loss 2.5 times as much as the gain.[That is on the same dollar amount gain or % gain or loss; people despise the loss 2.5 times as much.] Thanks ; good post. Not many businesses that profit; can easy have a weekly loss/losses like trading can. In many good jobs or good businesses, you have a gain many weeks /months/years/decades in a row.
“In trading what is comfortable is rarely profitable.” Trading requires a lot of hard work on the part of investor as he has to spend so much of his time trying to understand , analyse and monitor the stock markets. It requires intelligence and discipline to reap profits from the stock market. A Trader has to do a lot of research, study books, articles etc and has to be really alert in tracking the market trends. So in order to make huge profits one has to put in a lot of hard work.