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MP -- how this all works
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Old 01-01-2008, 05:30 PM
mp6140 mp6140 is offline
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Default MP -- how this all works

after i post a few i begin to realize what direction im heading in, and essentially what i always say is that FOREX IS ACTUALLY RATHER SIMPLE !!

now, its not simple for a newb who doesnt even know what they dont know, and its not very simple for those who DO NOT LEARN what the market is all about, BUT THERE IS A REALITY ABOUT THE FOREX MARKET that is repeated daily and can only be considered as an absolute !

Banks, and the professional traders they employ, make money thru a couple of well established methods, none of which are big secrets in this world and NONE THAT ARE PARTICULARLY DIFFICULT although in all fairness, they do tend to work with larger numbers than we poor peasants which gives them an outstanding advantage !

Unfortunately there is a fly in the ointment of profit that I must put forth as a mandatory disclaimer ---- Forex is NOT a "get rich quick" gambling situation and "one must make haste slowly !" Forex is a whole new world, with its own rules, regulations, land sharks and thieves and the first step is learning WHO these peoples are and avoiding them.

after that, there is a culture and a methodology that encompasses a tremendous range of opportunity as one learns and develops their own "niche" in the market.

and finally we get to "real considerations in trading", which include what to trade, when to trade it and why --- which sorta goes with "fact based trading" and is why i started this whole thing in the first place !

THE MARKET WORKS IN VERY RATIONAL WAYS AND DIRECTIONS AS LONG AS ONE THINKS LIKE A TRADER, because thats who's moving it to begin with !

YOU can easily learn, but you have to have a mindset to learn ! If you DONT learn, you can discuss the philosophy of trading till the cows come home, but if them cows dont know how to trade, they coming home with no money for you !
enjoy and trade well

mp
__________________
Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages !
As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !!

Last edited by mp6140 : 01-01-2008 at 06:01 PM.
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