Australian (ASX) Stock Market Forum

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It's worth remembering

Trading is not easy & what makes sense is usually wrong in trading. The simple truth is "markets are not logical or reasonable" they are emotional, volatile & downright unstable most of the time. Why? because the market is nothing more than a reflection of crowd behaviour - a crowd of people that has absolutely no regard for what anyone thinks. Sometimes it's just a bunch of 'rational' people who make 'irrational' decisions.


The markets screw us

The market has the uncanny tendency to screw the most number of people "most of the time" in the shortest amount of time. One of the reasons why trading is so difficult is because "there are no rules" when it comes to trading. Anyone can buy, sell at any time for as much money as they like. It's for this very reason how others prosper by taking advantage of this. Profits are built off the back of unsuccessful traders "exiting this game" vowing never to return. Also, I should point out, losing is easy in this game.


Skate.


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