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RE: Understanding Market Value 101
A saying I really like from trading is "the market can remain irrational longer than you can remain solvent". In other words, don't fight the market. You need to go with the flow.
Haha as a forex player back then, I know what that is like playing 1:400 leverage.. and going for a reversal LOL lose money at the speed of light
Woo, yeah I tend to stay away from leverage. Even something puny like 2x or 4x is too much excitement for me, unless it's a sure bet. I often talk to the traders at work. The amount of stressful situations those guys have to deal with on a daily basis... they really earn their paychecks.