the big institutions they need you. when they want to sell they need you to buy. when they want to buy they need you to sell. they cannot survive without you. that is the only reason i started trading 30 years ago. but i could not figure out the next step. you say it is gambling is GS gambling? is Casino Royale gambling? or are they making a monkey out of retail? the treasure is there how committed are you to finding it?
You completely missed the point, in trading you don't predict the future. Read this thread, you will understand after you read all of it : https://www.elitetrader.com/et/threads/why-is-the-obvious-not-so-obvious.151802/
So I started reading more about George Soros and other massively successful speculators. https://www.google.com/amp/s/macro-ops.com/george-soros-trading-strategy-how-soros-finds-trades/amp/ I read this article and others. They make longer-term bets on macroeconomic circumstances. Timelines of perhaps 18-24 months. That aren't worried about when the 9ema crosses the 200ema.
i never believed in system trading. i only tried to understand what the market was doing. i read Al Brooks' book and but it took me 12 years to understand what he said
That sounds like what the "real guys" do. I was just reading about some Soros stuff. One time he noticed that since emerging Asian economies held their debt in USD, that moves in the USD would have a disproportionate effect on their economies and he was that as an investment opportunity. That is so beyond anything I could ever imagine myself predicting that I don't know that this could be worth my time. The first time I ever made a large bet of money on the economy was in September. It didn't go well. I'm still waiting and hoping for it to go back up and break even some day.
i do not have a business or a job,only a dog so i have a lot of time to spend. i used to hold futures for months but got so bored with nothing to do that i used to play video games. so i tried to learn to scalp and it took me 12 years.....yesterday i made 300% trading for 6 hours