Friday, 25 May 2012

THE MIDDLE PATH IS THE BEST OF PATH!


Earlier this evening my friend complained that my chart is very confusing and complicated.  I think he wants to be spoonfed. Maybe this chart will be to his liking,

 but then he would have missed out on a lot of information to help him make a decision.

 
To quote Robert Miner:  “As the late Bruce Babcock, editor of the Commodity Traders Consumer Report, said, “You can’t buy success.”  If you want to be successful in the business of trading, you have to take the time to gain the education and experience and make your own decisions.  Sounds like every other business doesn’t it?  That’s because it is.  If you are willing to learn to make logical decisions based on relevant information, you have a good chance to become a successful trader.  If you believe you can buy success through a trading system or any sort of automatic price or time system, find a deserving charity for your trading funds instead of donating them to the educated, serious, and successful traders.  Because if you think you can buy success, you are in for a very expensive lesson.”

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