In his book "Long term secrets to short term trading", Larry Williams pointed out that
"It takes time to make money"
Opportunity of a lifetime present to those patient and disciplined traders who can transcend the space time continuum....
When someone tries to sell the dream asking you to join as an exchange member to trade "actively" to make a million dollars, think of the above statement and contemplate the attached charts.(weekly charts they are)
One also needs to bear in mind the following
"Every partial truth contains a dangerous lie"
when others try to sell dreams to you, as the sad truth is the market is more likely to take money from a trader than the trader making millions through short term trading..
The long term weekly charts show that the stock market has been in one of the greatest bull market runs in recent years, but most of the general public and short term traders were not on board. Why?
This is due to being fed 'partial truths' by the experts, brokers etc. The corrolary to this is the statement "This has been one of the greatest bull runs..." is also a partial truth, with the dangerous lie manifesting itself when ((not if) the market crashes...
One also needs to bear in mind the following
"Every partial truth contains a dangerous lie"
when others try to sell dreams to you, as the sad truth is the market is more likely to take money from a trader than the trader making millions through short term trading..
The long term weekly charts show that the stock market has been in one of the greatest bull market runs in recent years, but most of the general public and short term traders were not on board. Why?
This is due to being fed 'partial truths' by the experts, brokers etc. The corrolary to this is the statement "This has been one of the greatest bull runs..." is also a partial truth, with the dangerous lie manifesting itself when ((not if) the market crashes...
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