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speak for yourself mista

I wish I had your nose, mr ammo

today so far appears to be little bit like yesterdays price action. We rally till about 11:30AM EST, then yesterday CL dropped for rest of the day

out 77.10, now flat

Its all in the chart as they say! my short trade is not looking all that promising.

ss 76.92, .50 stp last one was an attempted pullback trade, this one trend change.

exit 77.15, flat

buy 77.10, .50 stp

right on. that is the highlight of a traders day. Economic Calender for today: Tuesday Sep 14 ICSC-Goldman Store Sales 7:45 AM ET Retail Sales 8:30 AM ET Redbook 8:55 AM ET Business Inventories 10:00 AM ET

If I understand you correctly, I believe you are describing 100% mechanical trading by a discretionary trader. following ones rules, implementation of 'smart rules' learned via experience, testing etc. However the discretionary trader is UNCONSIOUS of it, and does it AUTOMATICALLY. Or is there...

Thank you for your post. I think I understand about 50% of it! Regarding George Soros, Flavia Cymbalista as a phd candidate studied Soros and subsequently met with him. I am trying to resolve the conflict created by discipline of following ones rules and gut feel. There is some evidence...

77.50 seems to be pretty good resistance. then 77.80 area.

sorry to hear. price action queen, I thought you would have cleaned up in a trend day like today, buying/selling pull backs. more whinning and we will have to consider taking away your crown.

oh, thats right. Picaso did have quite a reputation with the ladies. ES will be running into strong resistance in about 5 points around 1122. dare i say a short term top in the stock market and perhaps crude oil is near...

picaso, I think we have appoint you the virgin guardian. mr bochin maybe able to find some other virgins.

good morning, light news day Monday Sep 13 4-Week Bill Announcement 11:00 AM ET 3-Month Bill Auction 11:30 AM ET 6-Month Bill Auction 11:30 AM ET Treasury Budget 2:00 PM ET

sure, good point. So the experienced pilot that landed the airliner in the Hudson river vs the inexperienced pilots that crashed the commuter plane due to icing. So vast amount of experience is one important ingredient of the secret sauce. experience = skill what about other ingredients...

Thank you all for your replies. This has exchange has been very beneficial to me, help clarify my thinking. Instinct: Sea turtles, hatched on a beach, automatically move toward the ocean. "This is perhaps similar to a successful discretionary trader who can't articulate with completeness...

sure, I think I understand what you are saying. I would argue that designing an artificial Mozart, is a limitation of our current knowledge of human neurology, programming etc. Would we be able to design an artificial Mozart 200 years from now, in 2210? what are your thoughts on the secret...

right, I would like further clarification/insight into the secert sauce that makes discretionary trading different from mechanical trading. and to be able to use the sauce time and time again to make better decisions if possible. I have looked into emotions and feelings quite a bit, I find...