What's new

Tutorial Listen, don't be greedy just make money daily

1.00 star(s) 1 Vote

MaxFx

New Member
All profitable systems trade trends; the difference in price necessary to create the profit implies a trend.

• Trend following is based on simple universal laws we can all
learn.
• No one knows how high or how low a market will go. No one
knows when a market will move. You can’t undo the past, and
you can’t predict the future. Prices, not traders, predict the
future.
• Trend followers buy high and sell short low. This is
counterintuitive for most.
• Using “common sense” is not a good way to judge or trade
markets.
• Losses are a cost of doing business. No one can be right all the
time. No one can make money all the time. Trend followers
expect and handle losses with objectivity and detachment. If
you don’t have losses, you are not taking risks. If you don’t
risk, you won’t win.
• Price goes either up, down, or sideways. No advances in
technology, leaps of modern science, or radical shifts in
perception will alter this fact.
• What if they told you that the best way to get to point B,
without bumping into walls, would be to bump into the walls
and not worry about it? Don’t worry about getting to point B,
but just enjoy bumping into the walls.43
• “If you take emotion—would be, could be, should be—out of it,
and look at what is, and quantify it,” says John W. Henry,
reflecting from the owner’s box at Fenway Park, “I think you
have a big advantage over most human beings.”
 
Greed is an especially revolting sin. While there are positive attributes of pride, it's practically difficult to utilize insatiability in any capacity that isn't an affront. It invokes pictures of big-shot CEOs accumulating millions, while their laborers procure the lowest pay permitted by law. Yet, despite the fact that Ebenezer Scrooge and his kind are depicted as grumpy persons with genuine cash, insatiability can at times make you poor. So don't So don't be greedy just make money daily.
 
All profitable systems trade trends; the difference in price necessary to create the profit implies a trend.

• Trend following is based on simple universal laws we can all
learn.
• No one knows how high or how low a market will go. No one
knows when a market will move. You can’t undo the past, and
you can’t predict the future. Prices, not traders, predict the
future.
• Trend followers buy high and sell short low. This is
counterintuitive for most.
• Using “common sense” is not a good way to judge or trade
markets.
• Losses are a cost of doing business. No one can be right all the
time. No one can make money all the time. Trend followers
expect and handle losses with objectivity and detachment. If
you don’t have losses, you are not taking risks. If you don’t
risk, you won’t win.
• Price goes either up, down, or sideways. No advances in
technology, leaps of modern science, or radical shifts in
perception will alter this fact.
• What if they told you that the best way to get to point B,
without bumping into walls, would be to bump into the walls
and not worry about it? Don’t worry about getting to point B,
but just enjoy bumping into the walls.43
• “If you take emotion—would be, could be, should be—out of it,
and look at what is, and quantify it,” says John W. Henry,
reflecting from the owner’s box at Fenway Park, “I think you
have a big advantage over most human beings.”
Noted, thanks for the advice.(y)
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Replies
5
Views
274K

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks