I would like to dedicate this blog to those people who swim in the futures/derivatives pool only to realise that there technical analysis is not worth the time, money and effort they have put in.(My personal View)
Also to my friends who believed in other peoples theories and analysis only to find that there life savings have been lost to subscription letters.
My expertise in the industry of Finance stems from 1989.
The facts still are the same..18% of traders make 82% of the profits.
What does that mean? you don't need to be a rocket scientist to work that out.
Most people loose money and wont admit to it.
Have you ever asked yourself this, if all the people who sell there recommendations traded there calls why charge for it as they would make 100 times what they make from there subscriptions. ( Karma hmmm)
Makes you wonder doesn't it !
I believe the smartest thing one can do is use the social networks and Internet to educate themselves on how the markets work.
If you can't do it hire someone who can (Fund Manager)at the end of the day remember you get what you pay for.
A Mercedes Bens doesn't drive the same as a GM wagon.
cheers
Also to my friends who believed in other peoples theories and analysis only to find that there life savings have been lost to subscription letters.
My expertise in the industry of Finance stems from 1989.
The facts still are the same..18% of traders make 82% of the profits.
What does that mean? you don't need to be a rocket scientist to work that out.
Most people loose money and wont admit to it.
Have you ever asked yourself this, if all the people who sell there recommendations traded there calls why charge for it as they would make 100 times what they make from there subscriptions. ( Karma hmmm)
Makes you wonder doesn't it !
I believe the smartest thing one can do is use the social networks and Internet to educate themselves on how the markets work.
If you can't do it hire someone who can (Fund Manager)at the end of the day remember you get what you pay for.
A Mercedes Bens doesn't drive the same as a GM wagon.
cheers
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