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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