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Approx. 17:25 13945 becomes the new selling price. But, we want the better price, we want 13946, and to get filled at best bid on the offer the market effectively has to come over you...then trade in the desired direction. Nerve, precision and focus. Hard to keep when you are dealing with the...

C:\Users\computer\Documents\YM 03-13 (1 Min) 08_02_2013.jpg 16:35 - 17:35. The market doesn't want to trade above 13950 and begins to trade below 13945. The market is inflexible, it doesn't bend, although charts tend to give the impression of flexibilty.

C:\Users\computer\Documents\YM 03-13 (1 Min) 08_02_2013.jpg 15:40 - 16:35 the market sells off, but in terms of order placement, what is the price action not doing?

I think it's safe to say that profitability is possible using basic market data. Q) Why is there a variance in how individuals mentally compute/process the basic market data?

I agree in general, but let's try to go through this in a logical manner, i'll start with this question. Q) Is profitability possible using the basic market data? (exchange traded products only for now) By this i mean charts, T&S, LEV2, DOM.

A tough game to be in.

Spreads, slippage and costs are totally underestimated in the main and never fully discussed. Spreads, slippage and costs are like tiny little black holes that eat anything...profits and mathematical arguements.

Yes, professionals also have huge server power, IT support and are generally located at the exchange. For the average retailer sat half way to the moon, with a congested bandwidth and a laptop,...it's really not an issue.

Related reading. Manish Singh - Visual Extrapolation Of Contour Geometry.

Anyone familiar with vector calculus (C++)?

Incidentally, limit orders are placed +/-1 depending on market action, and reversed at least once within each 50 tick cycle (due to liquidity/volatility). Better to explain this now rather than later.

0 5 0 5 The above prices are for the YM. How can one tell that the market is going to trade from 10 up to 20? Simple logic. Thinking...

It's a bitter pill to swallow, but some just don't have what it takes. Good luck in the future.

Viewed in the above manner, pretty much so, yes.

YM 1:5 risk:reward (intraday). I buy low and sell high. Limit orders only. Here's the real crazy bit... I not only need the market to move favourably once,...but f*cking twice,...just for one trade!! What kind of edge have i got?? Magic fuckin mushrooms?? Haha.

So i take it that black monday(10.19.87), is just a big red daily candle to you? Would my assumption be correct?