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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: gregor_us who wrote (43949)5/12/2005 9:04:06 PM
From: kodiak_bull  Respond to of 206326
 
LP,

Thanks for the kind words. As I search my imagination for describing what trading seems like, or at least what it seems like to me, ice skating is my current analogy (previously I have used surfing and a carpenter with his tools . . .). Like skating, it looks effortless but there are years (and scars) from past forays and mis-forays. TA is art, not science, which is why scientists can't prove why Van Gogh is better than Pisarro, or Rembrandt superior to Gainsborough.

I think it's very difficult to put one's trades out front, in real time (or close to real time); otoh, everything else seems to be a lot of b.s. to me.

One of my favorite authors said the only thing a speculator should ask himself at the end of a day (or an hour or a week, whatever the time period) is not "Did I make money?" but rather, "Was I in tune with the Market?"

Once you can be in tune with your market, the rest will flow naturally, I believe. But it's a bifurcated journey, since you have to not only be in tune with the Market, but with yourself. Most people even if they can do the first, may never reach the latter point.

Kb