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> I don't actually know the success or failure rates. About 80% to 90% of all traders fail within the first 5 years of trading. After reading all comments in this thread I conclude, it is not about trading. I got a wrong impression from the title line. Here http://www.marketoracle.co.uk/Article26826.html is a possibility, how a trader might make
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> I'm asking why the changes go systematically unpredicted in one direction. A trader, not an investor, normally buys because he wants to sell at higher price. Therefore he has to make a subjective prediction for himself. If he has identified a beginning trend correctly, why should he leave before price has reached his subjective target and he
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> There is nothing easy about speculation. Of cause not, you certainly know the failure rate.
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> A price change implies that the market was wrong about the previous price. A price change implies that people are trading. The price of silver moves up to quell buying.
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> So, how did you become an Austrian? During my journey to become a profitable futures trader.