I have always asked this question? WHY...Why do so many traders lose? With such numbers as 90% lose, there must be a common mistake being made because that % of losers has been consistent over the years, come Bull or come Bear. We will not even consider thinking about the % at major mkt turns. WHY?................. Well please allow me to say a couple lines about what i observe over and over in this ET forum. Not saying there is no value here because there is. There is value if the 90% do not wise up and see what this game is about. Ever take a serious look at a wheel? You never pay much mind to a wheel because it is as simple today as it was when first used by man. What can a modern wheel do that the first wheel used by man do? Right, nothing different. Disconnect the disk brakes, the sensors etc and you have the same deal = a round wheel. same thing , a simple round wheel. What can that wheel do? What is a wheels maximum potential? What can a wheel not do? what a wheel can NOT do is easy to understand, common sense. (excluding cognitis, we all in here have common sense) Ok, now that we understand what a wheel can not do, lets go back to what a wheel can do. A wheel can roll forward or backward as being useful. A wheel can stay still if all energy is removed. Thats it, thats all a wheel can do. Now with something that simple it is easily understood and basically forgotten as being all important in our daily lives. Is there a compelling reason to reinvent the wheel? No, even a blockhead would admit that. Ok, now do yourself a favor and ask yourself the difference between a wheel and price. price can do what? Yep, up or down or stand in place. Same principle of the wheel. I observe over and over many new traders come in this, other forums and make the same mistake over and over. How is price different from a wheel? Price needs energy to move same as a wheel. Ok, to end this..........i see new people come in forums and first off not even understanding what price is, but yet want to reinvent how and why price moves. A wheel has a basic energy need to be functional, price needs the same energy to do what simple moves it also can do. .. this silliness about this follows that, when this lines up with so and so, etc, etc. FOLKS uncomplicated your brain, think of price and make it as easily understood as you see how a wheel functions. remember a car with no motor but with wheels placed on a hill top and with the energy of wind can push car over and what happens? Think of a price breakout the same way. do not continue to complicate the simple force of energy and you might join the club of 10% winners. Later dudes and dudettes.