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To: DFG
This time or any other time, if you are going to trade learn to read the charts better than other people. They tell a story of demand and supply, not the whole story, but enough to give you an edge. Combine this edge with a consistent approach, following rules that will limit your losses when you are wrong and allow for bigger gains when you are right. Trade small amounts at first, and always write down and follow a set of rules. If the rules don't work, adjust them until they do and follow them. When the rules work consistently, trade larger amounts.

Trading is like gambling. The typical player loses money in the long run. The house gains money by having an edge and following rules that exploit the edge. Be like the house, not like the typical player. Learn to read the charts and apply discipline, or just don't do it.

30 posted on 02/14/2017 11:18:48 AM PST by AndyTheBear
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To: AndyTheBear
Trading is like gambling.

No it isn't if you know what you are doing.......

Casino's have the BIG advantage...as the odds are overwhelmingly in their favor.

If you know what you are doing....you can make the odds in you favor...trading stocks.

FWIW-

61 posted on 02/15/2017 7:43:38 AM PST by Osage Orange (We can all live together as brothers or perish together as fools)
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