All trading is random.
It’s got nothing to do with skill.
Whenever you make profit, it’s because of someone else willing to buy after you bought.
This is my conclusion after 30 years.
It all comes down to taking loss.
Nothing else .
It's been almost 4 months since I started the PrimeTrading Newsletter.
I never would have imagined that in such a short period of time, I would reach +1300 subscribers. (thanks to @substack community features)
Here's a quick recap of the Education articles I wrote 🖊️🧵
6 months ago I talked about the coming chaos.
I called it a "managed decline" & many people didn't understand.
Here's an example of what I mean (and a warning):
The Dutch Farmer Strike (and resulting forced starvation).
If you haven't heard of this yet...buckle up.
🧵
As my weekly levels have been ~ met and no lots have traded above 3950, I have decided to open the plan for every one ✌️ 3 days after publishing
But make sure you share it (min 50 shares) and join for FREE for a huge special offer tonight (July 4th 🎈)..
https://t.co/ZtejhGGyDg
For the first time since summer 2021, I believe bonds are looking like a decent risk/reward investment here.
And if that’s true, many other asset classes will behave differently too.
Accordingly, last week I have made some important changes to my book.
A thread.
1/18
As you continue to gain more experience, you will be able to identify future direction based off single candlesticks such as these. Great for scalping specifically 💡