There are many people who are market savvy, but the majority has no clue about the suceessful trading. People get the knowledge about trading from reading some technical analysis books and attending some seminars. But very few people have the experience of trading more than 5 years. By real trading, we mean where an individual make all the decision buy, sell, hold, close the trade and not to trade at all. Where the trader relied solely on himself and nobody else. Where the individual took the time to learn about each trades, why the trade was placed, what reasons were listed for buy/sell, loss-cut etc. What was learned from each trades taken. What was learned by the trader about himself, what was learned about the market, about the stock etc. Not many people spent the time and efforts and energy to study these matters. It is dangerous thing to know just little bit of something and to believe the one knows everything.
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