Wednesday, 2 December 2015

The Ego strikes back.

Can we outwit and defeat the markets? This is a dangerous question that will cost us dear. Beware the need to be right when the markets are speaking!

There is no absolute price. Only opinion.

See the luxurious junk of little use! How much people pay for it!

Every trading book I have ever read says basically the same thing. The biggest enemy we have in the markets is ourselves.

Experienced traders say that there is no point in looking too closely for chart patterns. They are either obvious or they are not worth bothering with. If we come to see our opinions reflected in every chart we see then our ego is running us and we should not trade.

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