EURUSD 6E Euro | Currency Futures


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EURUSD 6E Euro

  #1013 (permalink)

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Manta, Ecuador
 
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Favorite Futures: E-mini ES S&P 500
 
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monpere View Post
Do you guys care about trading, or just get your jollies analyzing the market all day?
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Most of the posts here are basically akin to "Round and round it goes, where it goes next, nobody knows!".

I disagree with your post.

I can't speak for others, but analysis is part of my trading. I analyze different scenarios and then make decisions based on my trading experience and trading plan. A good deal (majority) of time spent "trading" is actually spent doing nothing, waiting for the market to come to you, so I think it is normal for posts to talk about what is coming as traders wait for certain conditions.

I do agree with one thing you said, no one knows what the market will do next. We participate based on our own beliefs.

I also think it is important to remember that some people in this thread may be trading dozens of times daily, scalping for mere 2-3 ticks, while others trade only once or twice per day, or less, going for much more. To each his own, and while one trader has strong reasons to do it his way, it doesn't mean it is right or wrong. That said, it is not fair to impose your beliefs on others with regards to how someone is supposed to trade. When it comes to methodology, there is very little right or wrong, black or white, in trading.

We can all usually agree on basic risk principles, but few will agree on methodology or on what the market will do next. And thus, the market is born.

Mike

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