Financial Spread Trading

[bakya01]

Facts about most, deep pocket, floor day traders. Tradeology Review Exactly as described by their own, less rich, fellow traders! http://binarymetabot.com/tradeology-review/ Most floor, big contract size day traders are fools, they just jump here and there for few minutes, without any indication or reason behind the trade.Most of them consistently lose, while some others do win, but again, it is not planned trading, rather it is just running and grabbing what is available for a few seconds.They are definitely not as clever as you think, they never plan ahead, they have no plan, no patience and no trading intelligence. Their only edge is their deep pockets. By trading massive size, they can often profit from tiny market moves.

That seemed odd to me, I always thought that floor traders were all winners who knew everything, but I was wrong. Seasoned floor traders often laugh at the actions of these selfish rich traders, who made their money elsewhere, but are now in the market, and think they can buy their way into anything. In fact, it does make sense, as many non self-made millionaires, are under the illusion that money can buy anything on this planet. And when they start losing in trading, it only makes them want to risk more and more, so they just keep on losing and getting more mad every time.

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And then, think about it, the floor is open to anyone; standing on the trading floor does not make you a seasoned trader. All the clever traders I know are well aware that no amount of money can make you successful, if you don't have a trading plan. And even though they trade on the floor too, they have done their homework the day before, they risk much less money, but they capture far more points!

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The trader then said, 'listen to the charts, do your homework and you will see a lot, in fact you will start to understand when dumb money has moved into the market'. He explained to me, that it is not easy to profit directly from their mistakes because other clever traders, move in first. However, the way these losers trade is often in conflict with technical indicators, hence a divergence or a false breakout may occur, that is when you need to fade their move! A good portion of their trades can be spotted this way, and traded, but not every trade.

Take the opportunity to profit from the mistakes of these arrogant losers, become a seasoned day trader, set up your own trading room in your house. You can do it by allowing proven mentors, teach you how to read the market, plan your trade, and just nail it at the right moment. Knowledge and experience win over deep pockets. Deep pockets on the other hand cannot be trained, because they never sit down to learn anything, they do not have the patience.

http://heywhatever.net/profiles/blogs/know-how-you-can-get-benefited