Based on your point of view of course it's useless to you. I have had you in a higher level of intellect, please don't dissapoint me.
When a newbie lifts the offer for whatever reason, think of who is usually sitting there offering that price. Taking the other side of that trade is as "exact opposite" as you can get.
Since this thread is totally lame..lets see if I can get it closed by getting off topic some more... Well, I am an American and I voted for him ...twice. We all can make mistakes...twice!! ( I am so ashamed)
The only thing hard about trading is finding a big enough shovel to move the mountain of dough I have made.
captn, you r right it looks simple and is simple to make money, buy when its goin up, sell when its goin down, couldn't be easier. The hard part is when to buy and sell,when to take a profit, what to do if your wrong , and how to hang on to your profits once u have some, thats trading. And all that is in your head,that's the gas pedal, the brake, the carburetor, if any of these things are not in tune you will, 1.. not make a trade at all, 2 ..not get out when you are wrong,3 burn up all your profits,or your acct on commissions and related costs, trading like driving is easy, if your car is in tune
Nicely said. It seems to me that you, Allen, understand what it takes to become a competent trader,assuming you are not already. You have it! Congratulations.