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  1. M

    Why Is The Obvious Not So Obvious?

    I don't recall that name although I do sometimes look on other trading sites. When looking at other forums I don't really find anything to help myself apart from seeing how others think and therefore how I shouldn't. I've been aware for a long time after grasping the principles of trading that...
  2. M

    Why Is The Obvious Not So Obvious?

    It was on Trade2win, referred to as the Zoo by some. The mods there were too thick for my liking. I went into a private forum with a few others that TE set up. He was banned, due to some extent by his use of colourful language on the main forums, which I thought was just tongue in cheek banter...
  3. M

    Why Is The Obvious Not So Obvious?

    Does the fifth word precede these four? H** T* T**** C******** If so I'm not sure what the fifth word would be, but possibly: LEARN
  4. M

    Why Is The Obvious Not So Obvious?

    Those Who Can, Do; Those Who Can't, Teach In reply to J_S's latest puzzle: Wait has 4 letters
  5. M

    Why Is The Obvious Not So Obvious?

    Equality, Evenly Distributed, BalanceD. I expect that everyone posting on this thread has their own horror stories about their own foolishness and lack of judgement - I certainly have - its quite normal I think.
  6. M

    Why Is The Obvious Not So Obvious?

    Not sure about the first three as I thought OB was possibly a typo and you meant DB, as an OB could be a smaller form of BOB. EQ (O=C) a pause?
  7. M

    Why Is The Obvious Not So Obvious?

    This thread is to me about human behaviour and not about mathematical models. You said yourself: Statistically seen 50% of the traders should lose, and the other 50% win; after all it's a zero-sum game with a Gaussian distribution. That statement would only be true, apart from trading costs...
  8. M

    Why Is The Obvious Not So Obvious?

    Human traders tend to think incorrectly which is the source negative biases leading to losses.
  9. M

    Why Is The Obvious Not So Obvious?

    I'm no expert and don't pretend to be, but following recent posts, vwap seems to show level formation, can't say that I'd thought of that as a means of showing how levels form before clarity in a chart rather in hindsight. hwb is important for algo strategy apparently. I was going to post a...
  10. M

    Why Is The Obvious Not So Obvious?

    From the chart alone and nothing else:
  11. M

    Why Is The Obvious Not So Obvious?

    From vague recollection of reading posts in the distant past I have the impression that NY is in Canada, RN in Texas and The Oracle (who is probably J_S) is in Ireland. So they are probably on different continents. Maybe WW has limited the loss on his trade via an options trade, hence no stop...
  12. M

    Why Is The Obvious Not So Obvious?

    What is wrong with those you mention? Mental blindspots for various possible reasons: lack of open mindedness, dismissive attitude, unwillingness to deviate from the path taught, to go with the crowd, inability or lack of tools and training to test an idea themselves, lack of motivation to try...
  13. M

    Why Is The Obvious Not So Obvious?

    I wonder how many of those who claim to have had an 'ah ha' moment when reading this thread were actually thinking of the same thing, or something which is different for each person. Mass Delusions and Hysterias: Highlights from the Past Millennium... I have read in a good medical work that a...
  14. M

    Why Is The Obvious Not So Obvious?

    I expect the difference is that the few were capable of changing the way they thought and acted.
  15. M

    Why Is The Obvious Not So Obvious?

    To avoid biased thinking and behaviour
  16. M

    Why Is The Obvious Not So Obvious?

    So much for honesty and principles, we are all human though!
  17. M

    Who do you "follow" on ET

    Without disrespecting others, there is only one person that you NEED to follow:
  18. M

    Al Brooks method

    Al Brooks = Yawn:
  19. M

    Day trading with stock screener: building one trend-following strategy

    Apologies, as I see that you are Simple trader, amongst other things. :cool:
  20. M

    Day trading with stock screener: building one trend-following strategy

    So Mike Smith you are promoting VISMAST and you are a vendor???
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