Even a monkey can win at forex :) - page 12
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In short - keep it simple like a monkey, and don't overload the chart with "smart" indicators.
Just - follow the price .
D1 is easier to analyse as there are fewer bars. So we should put the lower rated monkey there on the contrary. And with a higher rating on the tick chart.)
And when trading on m1 it will forget about the existence of d1.
In a word - if Forex for you is a "game" - there is no point in getting into it. You can win or lose at the casino - that's where you and the monkeys should go, and with currencies or securities you have to work, not play games.
What difference does it make what you call it?
And what is the job - looking at charts and looking smart or something.
What difference does it make what you call it?
And what is the job - looking at charts and looking smart or something.
What difference does it make what you call it?
And what is the job - looking at charts and looking smart or something.
"What you call a boat - so it will sail "- that's what Captain Wrongel knew - and you "what difference"... But there is a difference and the difference rests exactly in psychology - and you better not go to the market with a weak psychology:)
By saying I am working, a trader tends to look more solid in the eyes of others. The words "I am playing" and "I am a gambler" have negative connotations for most people around me since the time of Dostoevsky's famous novel. That is why many traders try to avoid these words).
NHL hockey players play, and are proud of it. The negative connotation is given by the possibility of gambling (all opportunities for that exist) in this industry, although there is nothing wrong with that, there are those who play poker for a living (a small number of certain types of people), it makes no difference whatsoever what to call it. All that matters is the mat expectation, and psychology is irrelevant here.
NHL hockey players play, and are proud of it. The negative connotation is given by the possibility of gambling (all opportunities for that exist) in this industry, although there is nothing wrong with that, there are those who play poker for a living (a small number of certain types of people), it makes no difference whatsoever what to call it. All that matters is mat expectation, and psychology is irrelevant here.
An incorrect comparison, hockey is a game and lives off the spectacle and so on, Forex too? Poker - professional players are mathematical geniuses, and only amateurs drool from excitement. Yes, the excitement is present in Forex, - but not in 5% of traders who actually work there and earn. That is the difference.
About poker, not really true, the strongest few-ten, plus some tens of thousands of people living off it (maybe even 100k), they don't do anything special, just select games, but the shop is closing down there already...
I think that those 5% (let's say they are, and their 5%, ok) wouldn't care at all what to call their activity, game or work, the main thing is the other.
So far, I see that earnings in forex can also be not insignificant (Taras as an example), so the industry allows, very well. In fact, it is a big power, a big consumer market.
And as for house traders, I don't know many people who provide their families with pure trading, I guess that their share is more like 0.01%, or maybe 0.001% or even less.
About poker, not really true, the strongest few-ten, plus some tens of thousands of people living off it (maybe even 100k), they don't do anything special, just select games, but the shop is closing down there already...
I think that those 5% (let's say they are, and their 5%, ok) wouldn't care at all what to call their activity, game or work, the main thing is the other.
So far, I see that earnings in forex can also be not insignificant (Taras as an example), so the industry allows, very well. In fact, it is a big power, a big consumer market.
And as for house traders, I don't know many people who provide their families with pure trading, I guess it's more like 0.01%, or maybe 0.001% or even less.