I had the good fortune of knowing a number of Simex locals who were highly talented traders. The important thing is not that they taught me the "how", more importantly they showed it is actually possible.
I use alot of computing power to work out various scenarios and probabalistic trajectory ...by historical matching. ...these are unique tools ...they are tools because much of the output still has to be studied and interpreted.
Many years ago one Simex trader who specialise in trading the Nikkei...he would work out the resistances and support every day before he start trading and he trade based on that and makes an average of $30K per month. How he derive those support and resistance the exact technique differs from my methodology but that is not the critical thing. The most important thing is he was very disciplined and did his homework every day and goes into each trading session with a complete plan....and he follows it.
What I learn from him is to take all the information and work out a complete plan then execute....avoid making wild/emotional decisions during the trading session everything has to be planned.
The other thing I learn is that the market is always there, it is an endless stream of money making opportunities so one should not be too eager and take too much risk ...basically don't treat any day as a 'chance in a life time" ...it is just too dangerous.
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