Do Not Trade Stocks, Futures, Forex Blindly
Unlike gambling, where the odds are in the house’s favor, trading stocks, futures and forex by first determining support and resistance heavily puts the odds of success in the hands of the trader.
The price chart is the window into market price behavior. By examining what prices have been doing in the past, we can extract a lot of information as to what it will likely do in the near future.
Unlike gambling where risk is created out of thin air and the house has the advantage, trading comes with its own risk built-in and the advantage goes to the one who does his or her homework before taking a trade.
Category: Finance
