Just when I thought the human race could stoop to new lows. Literally given up hope for our own species. Genuinely feel sick after reading this. What goes through someone’s mind that makes them want to do shit like this.
https://t.co/M6m6JMhpkT
I'm quite possibly the worst trader that has ever lived. In more than 20 years of trading, I've blown up multiple times - some of them with one trade gone wrong - others with a Martingale death spiral from hell. Options, futures, currency, stocks - you name it, I've probably blown up or done incredibly stupid things with it. It was never due to a lack of knowledge. I've always been a steadfast student of the mkt. I've studied many of the greatest swing and position traders of the last 100+ years. I've studied and tried just about every indicator out there and made more "indicators of indicators" than I care to recall. All in an attempt to give me some sort of "certainty". But in reality, all they ended up doing was giving me a false sense of confidence.
What turned things around for me that last 5 or 6 years to profitability? Understanding that the mkt doesn't care how smart I think I am. Understanding that I'm not the one in control - the mkt is. Understanding that trading is about odds and probabilities, not certainties. Understanding that mkt environment is one of the most important parts of trading edge, especially for swing and position traders. Understanding that I can do the exact same thing and get different results - not because my system changed, but because the mkt conditions changed and I must change with them. Understanding that one lapse in judgement, one revenge trade, one oversized position can set me back days, weeks, months or years. Just one. I've literally had periods where I flawlessly traded for months and months and then let one wayward trade wipe out all of that progress. Happened so fast it made my head spin. You have to apply discipline and risk management on every trade, not 99 out of 100.
Trading is not easy, simply for the fact that it's not fair. The odds are stacked against you - financially, psychologically, mathematically. Even losing trades aren't fair - the simple fact that losing 20% requires to to make 25% just to get back to even shows the geometric degrade. The fact that one trade can doom you. The fact that someone like Jesse Livermore, regarded as one of the most talent traders in history, ended up ki!!ing himself after too many blowups. Most turtles never make it to the ocean.
This is a long way of saying to stick it out, if you have the willpower to do so. Your journey from suck to profitability doesn't have to be as painful and longlasting as mine. If you do the work and improve your trading over time and honestly look at and assess your results, you'll be surprised that one day, it'll all come together. You'll realize how far you've come.
People have affairs every day of the week. Even the scummy reporters and media personalities commenting and reporting it have had affairs and divorces. Who the fuck is anyone to comment on someone’s private life just because he was on TV… ffs, he hasn’t done anything illegal.
Never been a fan of #PhillipSchofield but all of this stuff about an affair with another younger male has been total blown out of proportion and over the top media coverage just looks like a total hunt down.
Give the guy a break ffs. What has he actually done wrong.
I think the interesting thing on $DAX just now is if it holds the 15,798-821 area on pullbacks… if so then 15,920’s are a minimum higher location for longs #DAX
Prices quoted are taken fro the CFD.
For all you CFD and spread betting traders out there… if $DAX retraces back to that purple area 15,620-50, its worth looking for longs there to then take out 15,709 #DAX
For all you CFD and spread betting traders out there… if $DAX retraces back to that purple area 15,620-50, its worth looking for longs there to then take out 15,709 #DAX
Solid selling after buyers were absorbed at the range I mentioned earlier. 15,720 is the main targeting area as there was a cluster there the other day $FDAX
There is a big difference between accepted demand and demand absorption.
1) accept demand - when you have tend days.
2) demand absorption - when what appears to be a trend day that is halted and continued buying is absorbed buy sellers and price goes no higher.
There is a big difference between accepted demand and demand absorption.
1) accept demand - when you have tend days.
2) demand absorption - when what appears to be a trend day that is halted and continued buying is absorbed buy sellers and price goes no higher.