Kulman...
I would like to request you to read Market wizards immidiately ... as the parachute seems to very much closed specially after reading something like this which you had posted in another forum...
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I walked into a nearby cybercafe to check my e-mail, and what do I see: it was full of 20+ years olds "day-traders", watching charts/frantically drawing "channels", "fibonachi" and what not etc etc... I really feel for them.
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I would like to request you to plz worry about only yourself and not someone else as
EveryThing works... What matters is what works for you.
The markets may be irrational longer than you can remain solvent and
Only when the tide turns... we know who was wearing what.
and everyone cannot be Warren Buffet because people like Richard Dennis, Tom Baldwin have also made money. One cant use buffetology everywhere as he himself found out in currencies.
Please dont critisize Techinical Analysis (mathematics and statistical probability) any longer as it is used in every feild as weathermen use it to predict weather patterns and doctors also use it to check the human pulse rate and the temperature.
Fundamental and Technical... both work as only HardWork works. Hardwork is the only way to make money from the markets.
“Win or lose, everybody gets what they want from the market. Some people like to lose, so they win by losing money.” -- ED SEYKOTA
Those "20+Year old Day Traders" may be winning Experience.
Hope this helps
Edited by BubbleVision - 14/Sep/2006 at 11:08am