Greetings traders! Why should you have a stop loss? There are many videos on Youtube and the likes and documentations that claimed stop loss doesn't work, that your trade will hit the stop loss before going into your direction. You've read about the "Stop loss hunting", about the spread volatility that will take out your position (s). Or even that the...
Why should you share a secret. Do tell. Would you not lose your livelihood? Would the math teacher lose his job if he teaches how to count. A big secret can be shared because there’s enough money in the entire world for everybody. The market is bigger than any hedge funds, bigger than Apple cash account, bigger than any central banks. You will also benefit in...
Where do you stand when faced with new information (s) ? Whoever you were a moment ago doesn’t count. You could be the best trader/human being a moment ago, yesterday, a few years ago, decades ago, in some former lifetime. In the now it doesn’t count. It’s how one reacts to new knowledge that is important. It is paramount as a trader. It could mean losing your...