[Branch closed!] EURUSD - Trends, Forecasts and Consequences (Episode 4) - page 187
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Livermore himself leaked.
Probably because he thought he was ALMIGHTY, but alas - he is not! We all walk before God and we must never forget that and remember our earthly existence...
What's the problem...
Example:
The market shows that buying is over: I closed a buy trade, others closed buy trades and made a profit...
Then the market shows that it is going for a reversal: I opened a sell trade and others opened sell trades and the market gave a profit on these trades as well...
Question: where do you see anyone's sacrifice in this ?
What's the problem...
Example:
The market shows that buying is over: I closed a buy trade, others closed buy trades and made a profit...
Then the market shows a reversal: I opened a sell trade and others opened sell trades and the market gave profit on these trades as well...
Question: where do you see someone else's sacrifice in this ?
the fact that according to general indicators 40% ALWAYS stand against the trend - do you think they are in profit ? general statistics says about 90% of losses
I am amassing a collection of traders positions - who wants to add them here already have 2 indexes
http://profitmania.ru/swfx-sentiment-index
http://fxtrade.oanda.com/lang/ru/analysis/open-position-ratios
The thing about the general indicators is that 40% of them are ALWAYS going against the trend - do you think they are in profit?
I am building a collection of traders' positions - who wants to add here already have 2 indexes
http://profitmania.ru/swfx-sentiment-index
http://fxtrade.oanda.com/lang/ru/analysis/open-position-ratios
He was the smartest man - you think he couldn't contain himself?
Speaking of clever... I wonder if Soros sold all his gold and silver at the beginning of May, saying they would supposedly not go up any more... I wonder what that means ... I'm not gloating, but Soros already failed once in his arrogance and the market punished him badly for it. Actually, he may be right, but I have other information about gold...
The thing about the general indicators is that 40% are ALWAYS going against the trend - do you think they are in profit?
I don't know what other traders' positions are open for...
Moderators, remind me the article about the man and string theory - he has a hedge fund of 100 billion there - and only computers trade - only scientists state etc.
Thanks a lot ! Just send me the link here - I want to read it again.
Ahh found it.
http://offline.computerra.ru/2008/724/352196/
What does margaret have to say about it?