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Re: When will a lot of you guys learn?
Age has NOTHING to do with trading. I believe that is a misconception. If you have a mechanical system, and learn to suppress your emotions and urges and base your decisions off of facts than you will be successful. There are many road that lead to success. Currencia may not like S&R levels but there may be some that make all their wealth through it. Some other guy may not like ossilators but another may just make a lot of money of off it.
I am with STIrampage, keep your plan simple and keep it sound. And yes it does seem that the newbies folk to anyone who has posted two profitable trades. Thus the number of blowups. The simple things are the best things. That is my opinion. I know some guys on the chats use tough market geometry and is quite profitable using it but it is not MY style. I have respect for them but that is just not my way of approach.
BTW I do know who STIrampage is talking about. And he indeed does use that simple setup and he was taught by someone of such a level that most will not reach that. Think investment bank trading and interactions with the best and brightest traders out there.
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