> What is the most important information about trading that one can >embrace > and over time can eventually prosper?
Sound Money Management can turn any trading system with a positive expectation into an even better one but it can not turn a negative expectation into a winning system (RalphVince< "PortfolioManagmentFormulas, 1990). > What is it exactly that makes people spend so much time chasing the >stock > market or any market for that matter? Money, money, money .... must be funny, in a rich man's world (ABBA). It's good fun, to boot, and I sacked the boss! > How can one really understand the market waives in which it flows I didn't even whisper that answer to my wife in the bedroom! > or how does one trader out perform other trader when both are using the same > indicators and information. Everyone specialises, over time, so we are all 'doing it my way' (FrankSinatra). Trading is a high performance sport so approach it as if you are trying to get on the US track and field team (insert your fantasy dream in place of 'get on the US track and field team' ... no, not the one involving Angelie Jolie). > Why is it that the MACD is so important to some and not others? Some believe in it and some don't. Aaronson does a reasonable job of elucidating the foibles of the mind, as evidenced by traders behaviour, in the first section of his book "EvidenceBasedTechnicalAnalysis" ... for an amateur! "You can't be a high performance flyer, on one wing, even a gold one". Guru Brian says, "Read one hundred times, believe 1%". brian_z *:-) --- In [email protected], "goldwing01_1999" <goldwing01_1...@...> wrote: > > Let's say I was a young new trader looking at the more experience traders > than all of a sudden out of my mouth these words. > What is the most important information about trading that one can embrace and > over time can eventually prosper? > What is it exactly that makes people spend so much time chasing the stock > market or any market for that matter? > How can one really understand the market waives in which it flows or how does > one trader out perform other trader when both are using the same indicators > and information. > Why is it that the MACD is so important to some and not others? > > Thanks in advance for your reply. >
