Today is the birthdate of Ferdinand Magellan, Portuguese explorer, born in Trás-os-Montes e Alto Douro, Portugal in 1480 (d. 1521). He was a hell of an explorer and managed to find a whole bunch of places without a GPS or iPhone or even a map. His expedition of 1519–1522 became the first expedition to sail from the Atlantic Ocean into the Pacific Ocean, and the first to cross the Pacific.
That said, I'm pretty sure he'd have been quicker with some modern technology. It's the same thing when you want to learn to trade. You can of course try and use completely outdated things like moving averages or MACD and you can try and work out stops and targets with crazy mechanisms like "always use a 2:1 risk reward ratio". Thats absolute madness and akin to wanting to sail to America without a GPS or a map.
Today we couldn't trade live because we were ill. Hopefully not Covid but by jingo our Chief Trading Officer
felt as rough as a robbers dog. That's rough. Very rough. But, the trooper that he is he still traded anyway - without the ability to speak - and made a creditable $2337.50 in the first 2 hours trading. Partly helped by the sheer simplicity of trading with Inteligex.
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