Need your help in Education

Discussion in 'Trading' started by MAESTRO, Aug 17, 2011.

  1. MAESTRO

    MAESTRO

    #21     Aug 17, 2011
  2. zdreg

    zdreg

    s & r on an index future have undoubtedly specific meanings. cut to the chase sir.

    I guess the rest of the hoi polloi on this thread don't know either.


    actually you gave your best advice which is to go out and indulge in electronic pachinko.
     
    #22     Aug 17, 2011
  3. To the OP: <b>DO NOT IGNORE THIS MESSAGE. IT IS THE ONLY ONE IN THIS ENTIRE THREAD THAT WILL HELP YOU.</b>
     
    #23     Aug 17, 2011
  4. you been trading since 1992,eh?
     
    #24     Aug 17, 2011
  5. :D :D :D

    Al Pachinko would be much better
     
    #25     Aug 17, 2011
  6. Trading is like playing poker. You get for example an ACE and King. You know that is a good hand, so you bet or call. An Ace comes on the turn, so you bet or call since your hand improved. We are not talking about bluffing since you as a retail trader don't have enough money to bluff the market.

    Trading is the same, but you need to recognize what is a good hand. This can be very hard since it's counter intuitive sometimes and is the opposite of investing. In investing you want to buy low and sell high. This has nothing to do with trading.

    Once you find an edge, which is the ability to recognize a profitiable setup, you place trade.

    The goal like Poker is to not go on tilt if you lose money on the trade.
     
    #26     Aug 17, 2011



  7. S & R ......support and resistance.
     
    #27     Aug 18, 2011
  8. zdreg

    zdreg

    thanks.
    in a similar context r stood for the risk free rate of return.
    ___
    argent- u know what u can do with your silver.
     
    #28     Aug 18, 2011