Normal
Les im not all that interested in weighing into this subject too heavily but from my limited exp on the market (6 months fulltime or so ) ive come to the conclusion that cutting edge indication is to trade price action. Your fundamental analysis can be fantastic but unless the masses follow it wont mean jack.Price action is and always will be the immediate market reaction reguardless of what else is happening and what complex indicator analysis you use.At the end of the day the one thing every single trader out there has in common isWE ARE ALL TRYING TO PREDICT FUTURE PRICE MOVEMENTS.Price action is the closest anyone is going too get, so tight stops are the greatest saviour of capital. While you may well miss out on some great runs you will also miss out on some great losses!
Les im not all that interested in weighing into this subject too heavily but from my limited exp on the market (6 months fulltime or so ) ive come to the conclusion that cutting edge indication is to trade price action. Your fundamental analysis can be fantastic but unless the masses follow it wont mean jack.
Price action is and always will be the immediate market reaction reguardless of what else is happening and what complex indicator analysis you use.
At the end of the day the one thing every single trader out there has in common is
WE ARE ALL TRYING TO PREDICT FUTURE PRICE MOVEMENTS.
Price action is the closest anyone is going too get, so tight stops are the greatest saviour of capital. While you may well miss out on some great runs you will also miss out on some great losses!
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