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If by "skill" you mean knowing how to collect data and use a calculator, I agree. Otherwise, no particular skill is required. What is required is developing the trading plan, then following it, the latter being where a great many traders stumble and fall.

Although defining the range can be problematic, which is where "judging the market by its own action" becomes important. Today, for example, price clearly chose 86 to be the upper limit, and that fail at 1050 would have been a good entry. However, the trader would have to be willing to place a...

More people are scalpers than they themselves realize. They can't stand the wait. Not that scalping's a bad choice. I just happen to be bad at it. But one needs at least to be honest with himself and at the very least learn the wizardry of the stop limit entry with an automatic stop, then clean...

Ditto business. Though conservatives make every effort to conceal it.

I have to wonder what beginners would think if they knew that the books and courses and whatnot they spend hundreds and often thousands of dollars on are nearly all derived from works that are available for free or a pittance: Hamilton, Rhea, Wyckoff, deVilliers, Schabacker. I also have to...

A four-hundred-year-old super secret.

From TL: The distinction between trending and ranging requires the trader to make important decisions regarding what he wants and how he plans to go about getting it. This is made even more difficult by the fact that most traders don't even know that there is a distinction between trending and...

Price stops rising when buyers are no longer willing to pay the ask. It stops falling when sellers are no longer willing to lower it. Even those who trade the ladder understand this. Even those who trade randomly understand this. If they don't understand it, whatever success they may enjoy will...

To the ignorant, everything is perpetually new.

Like Republican and retard? Or Tea Party and toilet paper?

Like a pileup on the interstate.

And good luck to you completing the impossibly squared circle.

Not luck. Trading the plan. But thank you anyway.

Ah. Yes. Well. I see we're referring to that Super Secret Trading Plan That If Revealed Would Spell The Collapse Of Wall Street. I believe I've read mention of that now and again over the years. Didn't realize it was yours. Well you have yourself a lovely and profitable trading day tomorrow. :)

And what might any of this "stuff" be?

May I quote in order to emphasize? How ya doin', Donna?

Oh, are we talking about me again? How nice. As to sharing, I've been posting this stuff for nearly a year here, and longer than that at TL. Only four or five thousand posts. You must have missed them. As for "predictive qualities", that depends on whether or not the trader can draw a straight...

Which is why we have so many (fill in the blank)-Americans.

If you're in a range, there shouldn't be any demand lines. Or supply lines. Or, for that matter, channel lines. All that matters is the range (see the thread at TL).

So is it a matter of ignorance or stupidity? Maybe a little of both.