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Leading signals doesn't help you if you don't know how much it is leading and what more it can tell of future prices. Ie. there's a BIG difference in usability for a signal leading 1 ms vs 1 month. For leading signals, you need some way to "box in price" during some period or interval, or else...

I don't know anything about elite, but I do know there are two types of people. First you have the type of person who constantly strives to put others down, to intimidate and validate their own egos through various games and tactics. They put so much energy into competition all the time, even...

Exactly this. This is why risk management alone should have no positive expectancy by itself. Unless, you've got an edge to exploit (aka being "the bank" or "the moneyprinter"). Definition of "prudent risk management": Legal obligation to act in a position of responsibility with the degree of...

It didn't start out that way. It started out as a coping mechanism for avoiding being targetted by bullies. It is proven to work well over time, as it dissipates the energy for abusement - making you invisible to predators and parasites. Ie. google: "grey rock method", something I've practiced...

I've not attained 5 words yet, but I have 3 pictures: Bonus: :cool:

I like your train of thought JS. Refraining from telling people exactly what to do goes hand-in-hand with this thread - which is probably not just a coincidence :sneaky: This thread is, it seems, intentionally uninformative. This may become liberating for the few who put in the required work...

Yes, life is funny, in that what people often believe or tell themselves, is never the whole story. What is incredible, is what often people judge as weakness, therein lies often the greatest individual strengths, if only channelized in the right way. Nobody can really tell anybody how or...

J_Smith, I respect your journey.

So it is easy for you to NOW become unaware, or has something changed that cannot be changed back by willpower alone?

So true, in trading. Consciousness, however, is a subtle master. I dare anyone to try to become a fool, just try it! What steps are required to become a fool, and do they really work? It ain't easy to become a fool, but very easy to continue to be unaware. It's so ingrained in us, that we avoid...

S & R breaks all the time, and may at any time do just that. If you're "wrong" about your trade, are you following your plan, and is it plausible? If you flip your chart (DO it - don't just think!): Would you go long or short? Often, to see what is there, we need to forget what we think we...

Fair enough and thank you for your sincere honesty. I believe I was a bit unclear in the first points above. They were really responses to botpro: I fully agree this false knowledge is not required to trade with positive P&L. However, my questions do address the flaws in botpro's post in this...

On wether trading is a zero sum game: If a stock starts at 10 and now is at 100, what does that tell about the distribution of winners and losers? Likewise, if a stock start at 10 and now is at 10, have there been no costs imposed overall? Some bad and illogical arguments up in the thread about...

If your trading plan gives a signal, it should be a real reason to trade, no? And when it doesn't give a signal, it should be a reason to stay out, yes? So the better/safer your trading plan, the more you should trade it. If losses come, they should anyways be made small. They can also be inputs...

Personally, I have no qualms about accepting more losers than winners, but that's to do with trend trading on daily timeframe. However, mathematically, more consistent winners than losers could mean less critical risk and a system that may scale more safely. Though, I do not trade such systems...

Interesting point about gambling RN. Traditional gambling is often just a simple (ie. binary) bet on an uncertain and unknowable outcome, or some similarly very linear process. With any more complex / chaotic process, people wouldn't feel comfortable gambling. Instead, they do, all the while...

Ah, I'm daily TF trader for now though, and in entirely different markets (non-US). So not sure if it makes sense to focus intraday, at least I don't have the time for it now. I assumed your group was larger. Wouldn't want to lurk in a small group and not be able to contribute or have as much time.

@J_Smith : Maybe you could invite me in about 2 weeks time, if you want and remember? That would be a fun exercise :D Thanks for the kind words and trust. Yes, for a gross environment often breaks subtle points.

np :sneaky: What is obvious, but not so obvious? ;) This one was a bit more obscure though. I first thought it might be previous bars to left of screen, but couldn't verify that on the ES without spending too much time. Same with higher timeframe. Then I thought of WRBs, but didn't seem to...

I haven't asked. I guess maybe because of the link and the fact I'm entirely new to ET. I don't think any content was actually changed, as far as I know. I don't usually view ES, so not sure where to get good free charts, so would need to guess. However, your SPX post confirmed it. So I'll...