I was reading a statement by a trader the other day and I found it quite amusing. This is what he says “Lately it just seemed that some folks where hanging out to catch a trade call and make some money.â€Â I am not sure what a trade call is but I was thinking that most people trade the currency market to make some money.
This person goes on :
“Which we know that later on down the line it will all backfire and then someone will get upset because the account just had a margin callâ€.
Now that you have started this thread I feel that I can go somewhere to get market views and discussion on what is going on in the world without someone coming in and asking that classic question...."Which way do you think the pound is going today"â€
These are my thought on this little article. The person writing this does not use indicators to trade with or doesn’t trade at all just likes to hang out in chat rooms and have something to talk about. Then he was concerned about someone asking a question about the market. ...."Which way do you think the pound is going today".  I don’t mind someone asking which way is the market going today but that is a wasted question because no one knows which way the market is going to go on any given day. If we learn how to trade and look at the indicators and let the market tell us what it is going to do then we can spend our time trading and not wondering what is going to happen or hanging out on a chat room making idle conversation we will be more successful. I glance at a chat room once in awhile to see what the concerns of traders are but it does not take long before I get back on to more productive activities.