Taming the wild beast
Early in my career, I remember learning from a trader named Ernie Roseman.Â I read a book and listened to an audio by him, and his main thesis was quite simple: Be a lover of the market, not a fighter.
That was probably one of the best lessons I ever learned. Go with the current trend and look for logical turning points.
Smoke and mirrors are part of the game,Â and clueless traders are constantly lead to slaughter by chat room leaders who coninually get it wrong, since they have no idea how the market really moves.
If you want to win at this game before you lose all your capital, seek out competent mentorship, not novice gurus.
There is a game that is played, and once you understand the rules, you can play with the big boys giving you a lift. Get on base and let the power hitters in clean-up position help you score.
High fives to all, from Christian.