I'm starting week with my thought about learning of trading.
I found that it is impossible to get all knowledge contained in Jim's books when I read it few times. I have to get a lot of practice, face the problems in all area (eg. context, trade management, ML) and start looking for solutions in Jim's books by reading it again. And that's what I think: all solutions are there. I just have to implement it into my behavior and trading plan.
This a lot of material and it is sometimes very difficult mentally (like trading against trend on trading timeframe) that's why process of learning must be repeated many times until aim will be achieved.
I can't imagine how Jim could learn trading without his books It must be incredibility more difficult and long process then we are faced with.
JI
jimkane
Rep: 3,058
Posts: 33,089
Which us way better than the 2.75 point range it was for the first three hours of that...
JI
jimkane
Rep: 3,058
Posts: 33,089
Like I said, the Zimbabwe stock market was the number one performing market during their hyperinflation. Yet, 100 shares bought you less when the market was up a zillion percent than before. We are doing the same thing.
http://www.zerohedge.com/news/dow-passes-13000-nominal-terms-here-real-picture
http://www.zerohedge.com/news/dow-passes-13000-nominal-terms-here-real-picture

