Originally posted by LaBonneJider
No it's very different.It's very difficult to earn money in the long term with the "short term" trading strategy (ie. day trading and swing trading).
Don't forgett when you exchange a financial product, 1 buy = 1 sale
Who are the main stakeholders on the financial markets ?
Banks and Asset Management Funds.And one person cannot have more information about the market than a bank with an armee of professional traders.
The different advertising about the technical analysis to earn money on the financial markets (in particular on the forex) are a scam.
(I'm french and I'm working at the moment in market finance in London)
Hi ! I am a decent poker player and I started to understand a lot about the game over the years playing on all kind of platforms and all kind of game types.
However, I see that you are a professional trader and it just made me curious:
- story begins -
A couple of years ago I was in a professional break between two jobs ( I am working in the casino business ) and I had a friend who introduced me to the world of trading. I was curious to understand how it goes and I signed up for a course of trading ( a payed course btw ). I had to go there for about a month, 5 days per week with other people but I noticed how the professor was answering question evasively and she wasn't sure about what she was answering. However the company was something like pokerstrategy.com: they were teaching you how to trade on their platform and you were paying something like 5% for every transaction. I've also got a book from this company written by the manager ( which I've read 3 times ). So I know the basics and I have the discipline:
My question to you is simple:
By knowing the basics of this business, as a freelancer, can I turn a constant profit out of trading? Thank you !