A Glimpse Into How A Trader Works
I’ve always maintained that I am not into day-trading. Nor am I turned on by technical analysis, candles, charts. That doesn’t mean the craft or principles do not have merit; only that I prefer to invest my money in a manner that I can understand! I evoke the following Warren Buffett quotes only as a way to poke fun at myself!
“I realized technical analysis didn’t work when I turned the charts upside down and didn’t get a different answer”
“If past history was all there was to the game, the richest people would be librarians.”
Still, I found it interesting to read Trader Mike as he gave us a glimpse of of the tools he used and how he worked. It would not be right for me to dismiss trading if I had not bothered to learn more about it. Having said that, no more opinions on this post. I simply thought that any fundamentalist readers passing by may find it interesting to learn about what lurked on “the other side”
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2 Responses to “A Glimpse Into How A Trader Works”
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Michael Says:
June 6th, 2006 at 11:09 pm“the other side” = “the dark side”
Thanks for the open mind and the link/mention.
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Vince Chan Says:
June 6th, 2006 at 11:17 pmThanks for stopping by Mike!
I’d never consider technical analysis “the dark side”, more like the “anti-christ”… JUST KIDDING! Might as well exhaust the 6/6/06 references before midnight!
But I’d like for readers to make up their own minds, so I like to blog about all styles and aspects from time to time. Keep up the good work!
