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Acrary or anyone that knows what he meant, Sorry to dig up an old post, but I was hoping you'd take a moment to extrapolate the idea of not needing edges to trade. Perhaps it's my misunderstanding of the term "edge" that leads me to be confused, but while I understand how such an advantage...

Funny, but I like this one better ;)

I made no such point, but nice try: 'they' from dictionary.com 3. (used with an indefinite singular antecedent in place of the definite masculine he or the definite feminine she): Whoever is of voting age, whether they are interested in politics or not, should vote. I don't know or...

Got that right, what an idiot 777 is. Poor thing has no idea how clueless they are...

Mr_Black, How do you choose your target/stop size? Are they symmetrical? How specifically do you use volume as a clue? Thanks

Thanks for sharing, Mr_Black. I appreciate it.

Ha ha. Thanks. Jack made me feel stupid, you made me feel smart. Ups and downs just like the markets. ;)

Great way to get the point across :) Yeah, up to the conclusion it is perfectly reasonable to assume that chance could have caused all the happenings. An educated man would take that into consideration. The uneducated man would throw that possibility out the window, if he ever conceived of it at...

I would agree with this. Even things such as quantum theory which are generally conceived as chaotic, in my estimation it virtually need to be explicable via some means. Even if those means are beyond the scope of human intellectual capacity. That said, I've kind of always considered that some...

You included ;) I get it though... Just a squirrel vying for a nut. Wisdom peeks through here and there and it's helpful.

A journal isn't a bad idea. I will seriously consider it when the time comes. It definitely can help getting some live feedback. I figue I'm still a few weeks out from going live with some basic ideas, but it's coming sooner than later. No promises that the journal will be part of my first few...

I think it's good and fair advice. I will be trading with a small enough pot that I don't need to feel stressed about. I do realize this will help.... I have seen many scrap together as much as they possibly can from sources they shouldn't be dipping into, because they hear that most new traders...

It's interesting that you bring that up because I've heard traders discuss something similar before. However, the reference was to a teapot instead of mountains. Same gist though... A little mystical for my taste, but interesting nonetheless. I guess the message is you start simple, get lost...

The common that edges are random, does this mean your stance is that any patterns that tend to recur likely will come and go and aren't as likely to be useful as price action? Just trying to clarify. Silly question, but as much as I think I may know what it means, I want to be sure: What...

Like and unlike so many things in life though, this one seems to be worth the effort. I'll try to focus on the simple things more to see if I can take them to profitability. Seems likely those simpler things have a better chance at being robust anyway. Thanks,

Thank you for sharing. That's a pretty sequence there. Sometimes I wonder if it's really that simple and people like you when they present it make it seem more convincing that KISS is the best way. Maybe William of Ockham was right? I mean I understand why cutting losers short and winners works...

Thanks for this. I've heard of people trading like this. In fact, the only other trader that I know in the flesh, said he believed this was the only way to make consistent money. That said, he wouldn't tell me anything about the details unsurprisingly. Of course as mentioned before it seems a...

Redneck, I appreciate this post. Thanks. I think there is a lot of wisdom here as well... If I've discovered one thing it's that when it comes to trading opinions are extremely sharp. I have no doubt that if you put some of the best traders in the world in the same room they'd eat...

Hi bighog, I've been slapped around a bit by both women and the markets. I don't have much experience, but I do have some. I've made some mistakes and expect more. I'm just going through the motions and I think one of those motions is feeling out others for what they can contribute. We...

To me, this post seems to hold a lot of wisdom. Clearly I'm biased, and am smart enough to realize it may simply be confirmation bias that leads me to say so, but here goes: I resonate with the correlation/causation comments and fully agree that patterns that exist likely won't always, or can...