MM's are afraid of and hate HH's. Because HH's "take everything they can and give nothing back". MM's "love" our LH's but we hate MM's.
LH's, stand up and xx MM's. Here is how.
What you can not do: 1. show off. If you do, MM will slap on your face in public. 2. publish your opinion, plan, predictions, etc, especially those real and good ones, and those you put your real money with. If you do, MM will use your own plan to seduce you, tease you, frighten you, threaten you, haunt you and tourtue you, until you surrender. 3. DT If you are a LH, you should not do DT. 4. watch the market. If you do, you will have heart attacks. If you do, MM's images will haunt you; you lose interests on everything else; you can not perform your regular job; you will be fired when you need the job most in recession. 5. set stop order. Well, this one is disputable. But most likely you will be stopped out. 6. follow HH's. LH's experience: if I don't follow HH's, I am wrong; if I do follow HH's, I am wrong. You are wrong either this way or that way, so choose your own way. At least you learn from your own way. 7. open new positions on Friday afternoon.
What you need to do: 1. Learn a theory, or system, or method, whatever you call it. It does not matter which theory. Every theory can let you win, just need to know when to apply it. 2. Have a good plan. It must be your own plan, you know the entry, exit, prerequisites, exceptions, disaster plan, etc. If you don't, you will be slapped on your both sides of the face. 3. Stick to your plan. So many times you are right but be scared out at loss. 4. Be patient. Every theory has its own applicable conditions. When the market is not in your favor, stay out. 5. Check your positions only once a day at 3:35 - 3:55. Once is enough if you have the plan. Excute your exit plan or disaster plan.
If you violate those rules and make money, then you are a HH. |