"the amateur steps up to table and says how much money can I make: the professional asks himself how much money am I losing(risking) ..."
Hi there.
Does that means my good old buddy George Washington could have told his guys before going into each battle "... well, couple cities to the Brits wouldn't be too bad for today?"
How about Marion Jones, sitting on the 747 to Australia, thinking "... I'd settle on a bronze."
I think not.
A professional trader steps into a trade, saying, I'm gonna make a killing on this one. Of course, she would automatically put a stop on the trade WITHOUT thinking. Some put 1/2 point, some 1 point, some even goes to the great length of considering 7%, but experience traders, professional or amateur, would consider putting stop is the final step of opening a trade.
PS ... McDonald??? I'd go for Burger King. Theirs are grilled, not fried, but a chicken salad from Olive Garden would beautify one's figure <g> |
