Traders Opinions and How to Profit

[counter_violent]

Internet forums are full of well meaning posters who offer opinions for trades or direction of market or whatever....thing is ....no matter what they offer up as analysis...they always seem to be waiting for x y z to happen .....in the mean time xyz often does happen...and then you just know that when they turn bull/bear because xyz conditions have happened...it must be time to do the exact opposite...

Ive seen posters come and go...but it's really exciting when One of these breed becomes consistent....consistently wrong....it's like taking candy from a baby..via the market

cv

 

[TheBramble]

Don't you wait for xyz to happen before you take a trade? Or do you just fire them off randomly?

The problem with basing any trading method on someone else's calls (either to follow or to fade - and yes, I'm sure you're just joking) is that it's no better than a tip sheet service. One day they will get it wrong/right and you will suffer. Nobody is ever consistently right, or wrong.

There's no substitute for doing your own work as I'm sure you've already discovered.