"The most important factor in your success is ; You ..... "Been looking for the Holy Grail ?
Have you tried all bunch of techniques ? (Gap trading, break outs, moving average, dip buying, fibbonaci, etc ....)
Been reading lots of blogs ?
Well, at least I hope I have been part of your success :)
The key to a holy grail is simple ; before you trade, read lots of books (with all kind of methods), find a technique that fits you, paper trade (show your results to a coach), then start trading.
PS : See the rules I posted on the top right hand side of my blog.
3 comments:
My experience says the more blogs I read, the more money I lose. :D
Very simple.
Usually I have my opinion about the market. It's usually a good opinion.
Then I read some blogs and I do a completely different thing. That's my story.
So, I try to read as less blogs as possible but it's not easy because I like to read blogs about the stock market. :D
completle agree with seeer , more i read more uncertain i get with setups, its always good to have 2 views prepared, i agree with being contrarian, but more important is to know when to be contrarian and not to fight the trend - for that reason i love harmonic patterns and elliot waves, but clean, basic charts is also always important
Basic charts are very important.
I think there is major gap and difference between academical reading of blogs and websites - experienced one´s do read them rad them also only by "academically" meaning they do not have any kind of influence for their own operations while some younger guys might be looking actual calls.
The difference is of cource dramatic, first group knows exactly what they are doing while second doesn´t.
Mika
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