Rocketman

USDCHF: My 2.8 R/R Ratio is Better Than Your Rate Hike!

Long
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FX:USDCHF   US-Dollar / Schweizer Franken
11
USDCHF: My 2.8 R/R Ratio is Better Than Your Rate Hike!

Whenever you here the gurus say, "This is a ," replace it with "This is ."

Professional gamblers look at four key things:

(1) Reward/Risk Ratio
(2) Probability
(3) Limit Losses and "Let Your Winners Run"
(4) Behavioral Studies
(5) Look for an "edge"

"Professional" Analysts (fundamental or technical) are glorified facilitators of this government enshrined casino.

Put your chips in on horses, currencies, stock fluctuations, interest rate rising or falling, etc. Its all a "house of cards."

(A) In the 1960s, Nicholas Darvas who make $2,000,000 on Wall Street (stocks) said it best when he wrote the book: "Wall Street The Other Las Vegas."

(B) Richard Shabacker back in 1933 in "Technical analysis and Stock Market Profits" hints at this casino also with insiders, profiteers and "gurus" all out to get your money.

Conclusion:
Never buy and hope; only buy and doubt every time!
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Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
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