Is not wondering how we have lost vision collectively and think and calculate our increament in bank balance in terms of percentages and mathematical formulas. whole idea being speculator is to guage the marker by price volume or general conditions which defines the market movement and bet entirly (of course the amount which you can afford to loose) on that one particular movement to make killing.
Gone are the days the when speculator used to predict correctly and bet all he is worth.
Only thing is remian is to discusss how losses should be limited and how not to expect big profits and how to not predict prices at all because everybody is so sure of loosing money that even trial is considered stupidity instead of sportsmanship of speculator. not only that have here peoples to discuss fix percentage of returns as though we are giving money to bank or mutual fund albeit at high risk.
Gone are the days the when speculator used to predict correctly and bet all he is worth.
Only thing is remian is to discusss how losses should be limited and how not to expect big profits and how to not predict prices at all because everybody is so sure of loosing money that even trial is considered stupidity instead of sportsmanship of speculator. not only that have here peoples to discuss fix percentage of returns as though we are giving money to bank or mutual fund albeit at high risk.
