they say if you can make it in new york, you can make it anywhere else. i don't know about that. but i say if you can make it in one market, you can make it in any other market, granted they're all properly supervised and reasonably liquid. markets are just one form of representation of mass behavior. there are patterns how the public act in various situations. stay out until market gives a "go ahead" signal. go with the flow. get out anytime market doesn't go the way it's expected to. even then, the number of losing trades could be several times more than that of winning ones. but it doesn't matter. legendary trader richard dennis said 90% of his total profit came from 10% of his total trades. that says it all. profits from winning trades are way bigger than all the smalls losses put together, which means risk control and a good trading plan.
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