The currency market is much like war,
but the fighting is conducted by our proxies, traders with civilized weapons.
As soon as one sits down in a trading room with keyboard and mouse, one confronts an anonymous enemy who is Faceless, nameless, and nationless, but who, with one mouse click, accesses the vast arsenal of e-trading even in toilet.
The currency war occurs every day, with a trade volume of USD 3 trillion. As we view currency trading as a kind of war, we can see that the enterprise fits well into the whole structure and history of civilization.
As the Greek philosopher Heraclitus once said, “War is father of all things.” Such war does not happen only on battlefields, but takes place even amid the civility of the modern world, everywhere and at all times in a variety of forms.
In the currency war, battles are fought between the bulls and the bears,(remember why we call trading terms as “the bullish and bearish phase”) strife is between greed and fear. Ultimately, like all wars, it is being fought for the preservation of the civilization that wages it, for the sake of reproduction and survival.
Thus, we are marching to win a war, so that we can continue in the trade of life and in a life of trade. The tools I present – a survival kit for this war – may seem complex and odd at times. They are probably not suitable for all traders.
It has often been said that we can achieve this if we know how to control our fear and greed. However, such a goal is not realistic. Not even the most respected of analysts could achieve it, as the lives and work of Joseph E. Granville, Jesse Livermore, or Ralph Nelson Elliott attest.
Secondly, you may not be happy the process of trading, no matter what, from such as scalping, intraday trading, middle term trading or long term trading, rather it is the process of your life is unhealthy and dried life and you may be eventually living on the heavy stress, and Even entirely you isolated life from community. So many people will agree on that this is not good life
Also I believe that this is far from wellbeing life but it is busy for producing for just lonely warrior
Finally the rest of 95%, losers from this game, we are meant to pave to Bible’s prediction “He who lives not by the stock shall not die by stock/Forex” Accordingly my scope of guidance will not be completely happy (even though 5% winner, survivors)
In fact, after result, we can make a voice thousand times as different shape for justifying but before result, we cannot even one voice for the tomorrow price. We call it only God knows and nobody know tomorrow price. Even if I do ornament on my chart about lowest price, I do not really know, only God know and can predict tomorrow price. If someone telling you that he knows tomorrow price, remind them of “power of compound interested ratio, if he knows it, amassed money like snowball and dying of too much money” and finally destroyed market run.
You may ask me what purpose you need to study for this book.
Answer will be for “responding as circumstance” since it is not territory of prediction but response
Then you doubt it again and ask me again “
Is it useless as chess game”?
Unless you are inevitable, have your own ‘principle’ or criterion and access with ‘idea or imagination of its next step from chart’ and execute “stop loss” you may be far from what you pine for. Hence Keep away from prediction such as stock, commodity and Forex.
The Cassandra words of USD/JPY
