There are two parts to being successful as a trader/investor. The part almost everyone focuses on is the analysis (aka method). The other part is one’s abilities as a trader. But of the two parts to becoming successful in markets, trading ability is by far the most important. I’ve known floor traders who have been wildly successful, but who employ a very simple method/analysis. And they know that. But they also know they wanted to focus more on developing their trading skills, rather than believing in a method. (Continued for subscribers.)
Bull and Bear Traps
Bull and bear traps are emotional names for nothing more than springs and upthrusts. So what you’ve heard for years is basically nothing more than the best areas to enter markets – into “bull and...