90% of the technical traders
lose in the market.
pity
that they take their defeat, failure and loss
itself as an indicator
of some deficiency
in their knowledge and application of indicators and technicals.
result?
they get back to
burning themselves
as well as the midnight oil
to learn more of technicals and indicators.
poor souls!
little do they know
that they are losing the trading battle
less on the technical front
and more on the tactical front.
they are trying to catch the market
with technicals
while the market is dodging them
in another dimension....
tactics,
beating the traders in three ways
- whipsaws
- directional dodge
- unpredictable behaviour
no technicals can make a net
that can catch the liquid fish.
need to catch the flow
from its weakness
....the flow
the irresistible urge
and compulsion to flow
the bad habit to dodge!
(niftyshots.blogspot.com)
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