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The three dumbest words in trading

Discussion in 'Market News' started by ForexLive, Jan 23, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    By Boris Schlossberg News Doesn't Matter. If I had a dollar for every time I heard a retail trader say those words I could start my own FX brokerage. It always amazes me when I meet many otherwise intelligent people who are convinced that the only thing they need to make money in the market is an algo and a chart. Like the oracles of ancients who tried to divine the future by looking at the poop of emperors they think that looking at the squiggles on the chart -- eh I mean "trend lines" -- they too will be able to unlock the wealth that awaits them.

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