Well, you are certainly attacking me in this article, I suppose, but you haven't called me out by name yet. And, I do agree with you that many 'advisors' are charlatans. One important measure of a good trader is that they have an invalidation point, where they are wrong. I certainly, or at least intend to, always put a 'stop' on each trade. I am cautious to say that I can predict the market. Using that language is a mistake. But having a target where trade should go and a stop on each trade is the only way to keep you from going broke, along with proper funds management. The targets I use which are based on mathematic patterns learned from one of my mentors are valid places to take profit. Taking profit too early can also make you a loser, so targets are important. I personally have quarters where I was only 30% right in my calls, in terms of direction but stop out before it landslides. And, some of those quarters I was still profitable due to keeping loses small. I freely admit that statistic. But I also have stellar quarters, like this last one where few went wrong. That's how trading goes and you must always manage each trade such that it doesn't blow up your account. I am not a professional trader, at least full time. But trading pays some of my bills. And, I trade on multiple markets, nand have for the last 15 years. But I am no 'whale' as they are called in the industry who is here to pump and dump. But I am a sophisticated, experienced trader for sure, who has been mentored by people in the trade.
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