Trading: Less Fighting, More Fishing

via SMB Capital – Day Trading Blog:

Much of the time when you read about trading, many use metaphors that refer to competition or war. You will often hear phrases like, “the forex arena”, “bulls battling the bears”, “you compete with the best and brightest minds in the world”. This is convenient and filled to the brim with conflict (we love drama just watch the news). What the general perception of market speculation tends to ignore is the passive and perhaps less entertaining side of the trading equation: the waiting game.

As newer traders enter the market and begin to “inform” themselves as to the inner workings of their particular instrument, Read more [...]

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SMB Capital – Day Trading Blog

Trading: Less Fighting, More Fishing

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