His trading success came from his edge, not randomness. Price traded between the ranges he predicted. His ability to predict that range was his edge. Definitely non-random price movement, or he would have failed.
Yep, maybe not being that bright helps ?? we'd over think it, wonder / question the range holding then it did and we missed the entry, then we'd make a stupid trade and lose instead. Not saying, he's dumb cause he's covered in tatoo's and a meat head, but he's no rocket scientist!
Two thumbs up! Speaking of edge, I'd like to take a moment here to thank all the traders who try to pick tops/bottoms in strong trends. Your liquidity just about guarantees a fill on my limit orders every time.
They all do, not some ALL-- its one of two ways-- bet the farm or meet someone already where you want to be and have them mentor you. Wall Street respects risk takers, Wall Street has no respect for grinders and scared money. The evidence is everywhere that this is true. surf
LOL--- you don't have a clue. May i suggest listening and learning rather than using the language translator to post here?
I don't think its healthy to be that large. Hopefully he doesn't end up like this guy-- dead before 50 https://en.wikipedia.org/wiki/The_Ultimate_Warrior
yep, i know a few of those guys. But you are right, I have not read the books for a long time--- Name one that made it without hooking up with a superior/wealthier partner or getting fortunate with a big bet. I will be happy to stand corrected on this. thanks, surf
It's been a while myself, but the first one that comes to mind is of course Marty Schwartz. If you don't know, he used technical analysis exclusively. Here's a nice quote for you: Source: http://www.curatedalpha.com/2011/curated-interview-with-marty-schwartz-from-market-wizards/