Jesse Livermore - Market Key

Discussion in 'Trading' started by pjones2012, Dec 18, 2008.


  1. The other side of the coin? I agree with what you have stated.

    Look at the information YOU have available now in terms of charts, transparency, brokers etc....

    People are struggling now, 2008?

    Livermore was a 'great'.
     
    #21     Dec 20, 2008
  2. gnome

    gnome

    In spite of many ET wannabes who contend/hope that certain traders can consistently cream the market.... the fact is that the huge majority of trading decisions are 50-50 in probability of working out.

    Consider that for every buyer, there is an equally convinced seller (excluding market makers, of course). ONE party to the transaction is always wrong.

    And over a long time, it's difficult to be consistently on the winning side of a 50-50 proposition regardless of how clever you believe yourself to be.
     
    #22     Dec 20, 2008


  3. This is all based on your perspective and not how the market works.....totally different worlds.
     
    #23     Dec 20, 2008
  4. If you say so :cool:
     
    #24     Dec 20, 2008
  5. gnome

    gnome

    By all means, please tell us "how the market works"..
     
    #25     Dec 20, 2008


  6. What's your view?
     
    #26     Dec 20, 2008

  7. What's the point, you've got your post in explaining everything, you carry on....


    Are you uncertain of your view?
     
    #27     Dec 20, 2008
  8. gnome

    gnome

    Come on, come on.. no weaseling out... if you're going to make statements like that, best be supporting them... otherwise there will be those who CALL BULLSHIT on you...
     
    #28     Dec 20, 2008
  9. Agreed
     
    #29     Dec 20, 2008


  10. You think every quote is split 50:50 on the bid/ask between buyers and sellers?


    Now, can you explain YOUR bullsh!t?
     
    #30     Dec 20, 2008