Well it is true that individual traders don't make much of an impact but combined it can pile a lot. But again different traders have different mindset so gathering collective emotions of traders is not a possible thing for retail traders.
I agree with you. There are thousands of strategies out there but all of those does not work for everyone even when they are spoonfed. I trader needs to make a strategy his own even if he or she is taking it from another person.
I don't quite agree with you. Risk assessment is necessary but if we don't predict the direction properly then risk management won't help us much. We need more positive pips to stay in the market in the long run.
I second this. When going on live for the first time it should always be a small amount. I suggest people not to use more than $100 on their primary trading on live account.
Well vacation season is not everywhere around the world and there are always economic activities happening all the time throughout the year. The market does not have huge impact because of it.
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Well I myself am the opposite. I don't put much focus on TP and have an initial target but when it comes to SL, I do not enter a trade without determining it.
I have learned to never believe in anyone else other than myself when it comes to trading. May be I am not as good as other traders but the mistakes I make are mine and no one else to blame other than myself.
Well I don't want to support any party. But you know that performance will not be constant on every trading accounts. It will vary and for investors will produce different results than what their statistical measurements predict.
Well normally I run one or two trades. But there are times when I run multiple trades at a time. But my first priority stays within how much of my capital I am risking.
Well the way I see poker advertised is that it is not gambling and a sport. I don't know myself but poker playing also has some tricks. One of those we can hear in movies like "poker face".
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