|
Hell I'll throw in one more...
The thread is titled "Beating the Forex market". I think this is a bad choice of words. Many traders, myself included, think this way for years and keep themselves running around in circles. A perfect example is our good old buddy Dan (God bless him). Most of his threads are systems that are attempting to "mathematically trap price". It's either grid based, or martingale, and sometimes a combination of the two. He is trying to "beat the market", like it's a personal vendetta or something. I did it for years too, and guess what, I was chasing my own tail and getting nowhere fast.
The bottom line is that you don't have to beat the market... you have to conquer yourself. Most of the members of TSD (including most newbs) have seen plenty of methods that have an edge to them. Yet they still fail... they will only succeed when they conquer the self.
MM
__________________
F*CK your market analysis.
|