Wednesday, January 20, 2021

somebody isn't thinking

a trader will go bankrupt without a system and mad without following it.

u have some base to start working

operators can hide their stealth bombers but not it's magnetic fields as visible in many indicators

the more and longer you observe and record, more secrets you stumble upon

throw ancient rules of Elliott waves out of window. majority don't work. those were primitive. modern market behavior respects basic psychological and accumulation distribution principles those were being the original Elliott Wave theory but the rules are no more valid. market dynamics have changed. strong hands have had to evolve in trapping the majority money. i wasted a lot of time sticking to classical Elliott rules. those are perhaps perfect ploy to befool the masses.

if you believe everything available on net, books or media, you'll never be able to liberate yourself to success. majority of those are recycled outdated untested glamorized hyped fad stuff. some are expired medicine.

fatal

when thieves know that all their tricks are available in the market for everyone to read study or train, won't they have migrated to newer ones?

and I'm yet to know see meet anyone consistently big time beating or surviving operators, all noise notwithstanding...

the biggest of names around in India fall flat on their face consistently...

successful ones are hidden

they never reveal their codes

old trader values are still and shall always be valid, not old tricks especially without adapting to contemporary market realities.

any trading room is neither a pub, nor a club, nor a casino.... it is business chamber.

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There are two times when people forget their principles: at the top of the market and at the bottom.
- Phillip A. Lowe

and they are not sure of the top as well as the bottom

--

If everyone is thinking alike, then somebody isn't thinking. ~ George S. Patton

1 comment:

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