George A
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http://imgur.com/2O4ghdU
I often have wondered about the requirements of becoming a master( professional ) trader , and have come to 2 conclusions
NO 1 . Have enough money and move the market they way THEY( the driving power behind it ) move it .
I quickly realized that i can NOT do that because i do NOT have that kind of money.
NO 2 . learn this business from THESE guys ,and how THEY run THEIR business , because common sense dictate that , that would be the ultimate place to learn from , cause THEY run the show , and NOT all the so called educators that teach trading .
SO i followed common sense , and i could NOT believe how easy going THESE guys are ,, and THEY were more than happy to teach us how THEY move this market .
What THEY have taught me is ,,,
THEY have a theory on which they run this market to , and it is NOT a trading system of course , as they dont really need one , cause they call the shots .
So my point here is ,,, as this has been MY finding , and wanted to share it with who ever care to listen >>>>>>>>>>>>
What we really need IS the THEORY , and NOT a trading system , BECAUSE the theory IS the true basis to the market , and it works consistently , BUT the hardest part IS , knowing what that theory is .
The chart link above , demonstrated how easy one can follow THEIR movement , and have a road map ahead the price action as to where they will rest and have their coffee breaks so to speak . it is a chart of the EURO/YEN 15 mnt for yesterday the 13/11 , ad i have marked all the levels of interest .
I did NOT trade the up move , as it is sleeping time me in Sydney , BUT i sure called EVERY bottom on the way down to the low of the day , which is a daily routine for me , as with having the theory in your hand , you can pick almost every top and bottom of each day .
Hope this will be of a value to some .
Cheers,
George
I often have wondered about the requirements of becoming a master( professional ) trader , and have come to 2 conclusions
NO 1 . Have enough money and move the market they way THEY( the driving power behind it ) move it .
I quickly realized that i can NOT do that because i do NOT have that kind of money.
NO 2 . learn this business from THESE guys ,and how THEY run THEIR business , because common sense dictate that , that would be the ultimate place to learn from , cause THEY run the show , and NOT all the so called educators that teach trading .
SO i followed common sense , and i could NOT believe how easy going THESE guys are ,, and THEY were more than happy to teach us how THEY move this market .
What THEY have taught me is ,,,
THEY have a theory on which they run this market to , and it is NOT a trading system of course , as they dont really need one , cause they call the shots .
So my point here is ,,, as this has been MY finding , and wanted to share it with who ever care to listen >>>>>>>>>>>>
What we really need IS the THEORY , and NOT a trading system , BECAUSE the theory IS the true basis to the market , and it works consistently , BUT the hardest part IS , knowing what that theory is .
The chart link above , demonstrated how easy one can follow THEIR movement , and have a road map ahead the price action as to where they will rest and have their coffee breaks so to speak . it is a chart of the EURO/YEN 15 mnt for yesterday the 13/11 , ad i have marked all the levels of interest .
I did NOT trade the up move , as it is sleeping time me in Sydney , BUT i sure called EVERY bottom on the way down to the low of the day , which is a daily routine for me , as with having the theory in your hand , you can pick almost every top and bottom of each day .
Hope this will be of a value to some .
Cheers,
George
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