Secrets to success in trading

It has to be this way, otherwise markets would cease to function.

 

Ok, next time when I have a signal I will ask ET members if it is obvious for them. Depending the result of the poll I will enter or not enter.

How can you know if it is obvious for you alone or for many people???

 

Atta boy. BTW, your emoticon's teeth need brushing.

 

If you have a good system, and if you backtested it enough and correctly, you should know how then probablities are for making money or not. So I don't agree with Linda.

 

Yeah it's more of a rule for discretionary traders.

 

Tell it to Baron, he gave me this emotion. He should clean the teeth.

 

I am a discretionary trader...

 

You said you have a system

 

Or I guess you can be a hybrid trader. (Raschke)

 

Yes, a discretionary trader with a system. The system is my inspiration and guide. A discretionary trader needs info too, he cannot just trade on good feelings or intuition.
The system proposes things and I decide what to do with it.