Thursday, November 26, 2009

Rules Are for Fools


Do I need to say anything else?
To be fair sometimes these 'rules' appear to work.
But so does Voo Doo... sometimes.
And I count on the fact that other traders are following rules while I read buying and selling pressure.

Google around for "chart formations" "flat top triangles" " bull pennants" "bear flags" "candlestick reading" and any other technical trading formations. You find a whole religion out there. This is one time when I'm OK with the 'masses' being asleep.
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WARNING: Nothing on this site is telling you that you can make a lot of money trading. I'm telling you you can lose a lot of money trading. Everthing stated on this site is for entertainment purposes only. And as this demonstration above illustrates it's also for humor. Before trading you should consult a government licensed financial adviser to see if trading is suitable for you.

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