Why I Lost Money- IMO

I will post statements here then let us see....

it is far from 'easy'.....but it is simple....it is made complicated by 'educators' because then they can justify their fees.

I cannot charge 10000 usd and then tell students 'see what the market is doing and then trade'

 

yes you can disagree because it is just my view,IMO.

but do not tell me that I am an idiot to believe that

 

well that guy in face book said it....not me

I dd not trade his system

 

I certainly don’t think you are an idiot.

 

Yes, at core it is a simple process for a small, retail trader. You must be patient, wait for those moments when one side (buy or sell) is winning the auction, then if you were able to recognize the opportunity quick enough (relative to your time frame), move in with a trade, go for a ride, hop off when the flow begins to ebb. Does not need to be much more complicated than that -- but it still is not easy, and can be quite labor intensive depending on your market and time frame. A mistake that I still tend to make is to look for too much, bring in data or economic analysis from outside the auction market itself, and thus make the process more complicated than it needs to be. Sigh ...

 

yes that is true

it can be boring....but I think we must constantly remind ourselves how lucky we have the freedom many other workers dont

 

I think that is the surest way.....sometimes you get a home run....cut off the losses.....sounds easy...….

 

But not as easy as it sounds.

 

You believe these setups are the result of buying and selling forces.
We believe that most "setups" are deliberately created to fool us
or to create an obvious entrypoint where traders enter in the direction they want.

 

You mean to tell me that you believe they are sitting around watching 30 sec, 1 min, 2min,3min, 5min, 15min, 30 min, 60min charts ad nauseam..and creating setups to fool the retail trader?

First of all, who are they?

Second are they conspiring?