“For your Entertainment a TRADERS rant on how he views Day-trading & the Monster that is the Markets with a pinch of salt added”
When the market isn’t acting in line with your scenario you must let the market do as it wishes and leave it well alone or be prepared to jump-in on the other side – either way, you mustn’t fight it.
Remember the Markets job is to get you into bad trades and keep you out of good trades .
Let the Market be the Market and never impose ones will .
Those who try go home broke –
Effective navigation ultimately is what is needed , to rob the pockets / Accounts of others … this is name of the game.
Harsh words I know …
But what better way best describes what a ZERO SUM GAME this actually is .
It takes both winners and losers to make any market you and I are part of .
With that said ,
Knowing when to enter the market is important but knowing when not to is just as important .
One must always Remember the Markets job is to get you into bad trades and keep you out of good trades .
The Market Like,s to make its moves with the least amount of traders on board as possible .
The Harsh realities of Professional Day traders & Day trading is it is Your job to effectively navigate robbing other participants of there hard earned money or you face robbing yourself for as in any Financial feild , an expert group makes its living at the expense of the badly – informed crowd
The question is which side of the market you choose to be on – ) The wiped out blown accounts or) The Sound clinical Professional by outsmarting your average counterparts .
“For your Entertainment a TRADERS rant Part 1 “
The baldy one has spoken – Copyright © 2011 tweeterTrades
“ Traders wisdom Edition “