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Do the opposite of what the herd is doing. For example I just made tomorrow's lunch money in the Nikkei by selling to some from the herd who came to buy. Only lunch money, you say? Yes, but I'm going to have bear paw soup at $1000 a dish. I always order the left paw as that's the one the bear...

And your way of wording is always the best on ET IMO!!

Yep, an edge should not/would not/could not fail to work, the vast majority of the time, if based on price movement that has consistently been repeated since markets began.

I would say that they end as quickly as they start if not based on true price movement that repeats with a very high degree of probability.

I think I have a winning strategy. What can I do with it? Sell it to MarketSurfer. He's really desperate!!

I would say definitely!

I'm guessing that there is no default setting for how often ET checks postings and sends alerts, at least within a 30 minute period that I just tested. So let's say you are in a heated debate over whether Baron is the richest man in Florida or just the 2nd. In order not to fall behind in the...

Not everybody knows such, and the majority of those who do, have less than sufficient knowledge and/or experience to employ such properly and successfully. Again, it's one thing to know about such, and another to really know and employ properly following years of study, research and hard work...

@rin4et Just do what speedo said and someday you may breakaway from the herd and find yourself in the (successful) minority.

Yep, and that's the ONLY way, isn't it?!!!

Maybe you can direct the OP to the 'Inside Information Counter '!

The herd does not study, do research or work hard. That's why they are the herd!! They chase prices, buy on recommendations, tips, rumors, news, gut feeling and the like. All books are not the same. There are text books and there are the equivalent of comic books that teach TA. And even those...

I think it was these statements in May that sent him back into the woods to lick his wounds. The market must plunge soon. The highs are in--- there is no way another surge higher (which may occur) will take out the DJIA highs--- the very structure of the market will not allow it to occur. The...

You should post and sign that in the Proverbs thread!!

Predicting where prices will be in the future is one of the, if not the, biggest pitfalls in trading. If you want to know where prices will be on your dog's birthday, best to ask your dog!

In the vast majority of the cases, the price movement will tell you when it's time to exit. Just learn to read it.

So very true! A case at hand is eSignal. After using eSignal for 8+ years, I cancelled as the project manager who created the current version left the company and from then on what the developers produced completely ignored the needs of the active trader. Without guidance, developers will create...

Is it possible to make consistent profits from trading Judge for yourself. Here's my closet.

Yes, that is so often stated, and I couldn't disagree more. Other than moving faster, price movement hasn't changed a bit. That expression is nothing more than an excuse for the failure of the trader's plan which was not based on the basics of never changing price movement.

Are you going to sue them for stealing that from you?