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  #185  
Old Jan 19, 2011 8:31am
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Quote:
Originally Posted by Mr J View Post
Trading is not a new game, so if the majority haven't caught on by now, they probably never will.
I wouldn't write people off quite so completely. Nothing is fixed and everybody has the opportunity to improve their understanding incrementally, it just takes a little time and effort. As Darkstar said, you need an appropriate conceptual framework to fit new information into and if you haven't got it then you have to acquire it. So the situation isn't hopeless, people are just starting from differant levels initially, some have further to go than others.

It is true that some will never get there but I think that's more from going in the wrong direction than through lack of abiblity. The latest research indicates that intelligence itself is more flexible than generally realised; learning is itself a skill that needs to be developed like a muscle. I think the key is to be curious and open-minded. Those that fail are usually just stuck looking for short-cuts that don't exist or are not sufficiently interested and motivated to uncover what they need to know.

http://www.bbc.co.uk/news/magazine-12140064

Edit : This is a great quality thread by BTW, one of the few that I will re-read many times.
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Last edited Jan 19, 2011 8:43am | Reason: Additional
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  #336  
Old Jan 22, 2011 5:14pm
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Quote:
Originally Posted by Deevz View Post
There doesn't have to be a lack of market liquidity for the price to shift.
I thought that was precisely what made price move?

If each buy order can find a sell at X price, why would it move? Wouldn't it be against exchange rules for it to do so?
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