he is the only person in this world that i want to meet. incidentally i do not know of any trader in the top 500 richest men apart from Buffet [who is an investor not a trader]..i wonder if there are any
but if you understand markets a fortune is to be made.... keep it simple....see where the bears will come in and where the bulls come in....focus on that ...that is all i do and it is very clear on the chart... everyone searches for inside information as to where GS is buying and selling...this is clear on any chart many traders put all kinds of things on charts and focus on that:i did that for almost all my trading life.
two mistakes in yesterday's trading....one resulting in the only losing trade....there were two positions opened each of 8 lots but both were in the same trade.... and the other did not result in loss but was closed for a profit too early....i would have got 5 times the profit i actually got if i had held on
many experts say do not trade before news.... but these probably do not know technicals like i do. if you see my statement i entered a short just one min before the data was announced. true i do not trade news but i do trade technicals but I do not trade anything but technicals
News? Hah. Half the time I don't even know the name of the company I am trading. Price and volume, present and historical, are all I need.