Was it a Saudi Prince long ago in Vegas who kept doubling his bet till he won huge? Left with two huge trunks of U.S. currency. Guess that is when table limits were started, have deep enough pockets like a desert full of oil wells....you could end up owning the casino. Not like the Hunt brothers trying to corner Silver market, they lost it all is what most news stories show. So if you think the game is not rigged, think again, those who are associated with exchanges...have the edge, they make the rules and change the rules. https://www.thenewamerican.com/cult...t-brothers-scheme-to-corner-the-silver-market You have to laugh every time Congress says there needs to be more fair play at exchanges for the retail. I start thinking how the little guy going to get screwed over even more and how I can take their last dime. The little guy is busted out, but come open next morning he at his desk till wife leaves for work, then off to golf course as he knows he is going to have to start a job soon and in sales asking "can I super size that"? Vegas use to be very fun place to gamble, get away from kids, great food for cheap monies, want better seats- palm tips. And now a carnival in/out of most casinos.
Have mercy, leave some dimes on the table. Us small retails are supplying the market with profits. If you take our last dime and we stop playing, there will be no more profits for all.
%% I think you are right.Using the logic of some, since R Sands + Bernie Maddoff were not the best examples, Nasdaq must be a fraud also?? It's not. Small time frame trading can be more difficult to profit than longer time frame . Because of emotions ,slippage, leverage, which magnifies mistakes + profits,comiss......I'm not a market maker, but plenty of them do well.....
Sometimes trading seems difficult because we simply lack the experience and knowledge to cope with the situation.
Well I see trading is hard like playing major-league baseball, professional golf, being a surgeon is hard. You have to get so many things right at the same time. And many times the limited information. It’s just a hell of a hard task to get good at.
I would have to dissect that statement: 1. tested: only partially at the moment 2. setup: I wouldn't call it a setup just yet (if you're referring to entry/exit, then it's definitely not as I'm not caring much about how I get in or out) 3. trading plan - see 1). It's a plan-ish. Let's go with a no for now.