Tuesday, June 15, 2010

Simplifying the TRADING Framework

Today I had an aha moment trying to explain a methodology to understand price action to a new student of Markets and Trading.

  1. The need for reference points which act as handles for the trader is emphasised.
  2. These price handles will make the trader make sense of randomness
  3. New and developing trader could feel a sense of elation at understanding the complex world of  Trading
  4. When you can write your trading style on the back of your visiting card you can easily explain the approach to traders.

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