Fact-Based Trading

[mp6140]

Originally Posted by derrekmay

Can you compare fact trading with newstrading?

Or is it somethig totally different?

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"fact trading" is the briefcase and "news trading" is a folder in that briefcase.

to me anyway, fact or "reality" trading has to do with (duhhhhh) the "realities of the market, ie: when does the currency go up, when does it go down intraday, monthly, weekly, daily, etc ?

it simply deals with HOW the market functions, much as you would describe how to start a car ! ---- insert key in door lock, rotate key 1/4 turn to left, insert first finger to the right of thumb behind "release" on door knob, pull door towards you, remove keys from door lock, etc, etc, etc (modify if you have auto door locks !)

Reality trading tells you HOW to most profitably trade your position for maximum profit, but not how to FIND that trade !

mp

[derrekmay]

I notice you have allot of experience!
What have you been doing on the forex?
(I mean how manny years are you trading, etc?)

[mp6140]

Originally Posted by derrekmay

I notice you have allot of experience!
What have you been doing on the forex?
(I mean how manny years are you trading, etc?)

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hmmmmmmm - ------- mostly i just sit on the forex, sometimes I take if for a drive around the block, just to keep the plugs clean and often I share a latte supremmo double mocha with it ! At night we have deep conversations !

trading overall 36 years, forex for 6 or 7 (dont remember)

It knows me and i kinda know it !

enjoy and trade well

mp