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Re: cintrix post# 3619

Tuesday, 04/22/2014 9:26:36 AM

Tuesday, April 22, 2014 9:26:36 AM

Post# of 6233
There are many different types of trading. Very few successful traders trade day to day. Most are swing traders or position traders who trade over weeks or months. And all rely on good chart analysis for their success. To do that you have to know how.

I never said paper trading was going to translate into successful real time trading. But if you can't successfully paper trade, how can you ever expect to be able to do it in real life? Practice makes perfect and practicing first with no skin in the game helps with emotion control when money is at risk because one has already started creating good habits.

Investing is trading by another name. Not everyone thinks so, but it is. Every successful investor has to know when to buy or sell and why. Trust me, it's not all about fundamentals.

Trading/investing without chart analysis is like bringing a knife to a gunfight.

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