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Re: jrod post# 119290

Monday, 03/20/2006 5:43:08 PM

Monday, March 20, 2006 5:43:08 PM

Post# of 286611
When I started trading, the very first thing I wanted to learn after the basics was chart reading.
Charts are merely a history of human behaviour.
As is commonly known by anyone who cares to investigate, humans are quite predictable.
As much as we differ we are all pretty much the same when it comes to preforming the same task.
This means that basically, traders trade the same.
Over the past hundred years or so thousands if not millions of traders have added to the wealth of knowledge concerning trader predictability.
Anyone who refuses or looks past learning chart reading in this game is cripling their longevity in this game.