Humans have an ingrained need to know - so much so that we resort to fooling (lying to) ourselves to create it
All of us will die - that is certain
Vast majority of everything else is uncertain - especially the outcome of each trade
We can learn to accept that... or continue to fight it...
Just to reiterate Note
No system or methodology ever created will make a trader profitable
It is the trader who will make the (any/ all) system / methodology - profitable
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The only "perfect" system/ methodology - is the one each trader creates to match his/ her...
You're Welcome
No Sir, never tried either.... I went the entrainment way (recordings w/ binaural beats & affirmations imbedded - then listen to them)
probably sounds goofy - but I swear by it - to this day
RN
Any you traders ever stop to consider â a sma/ ema/ lines/ indicators/ whateverâ¦
Is simply context⦠and as such does not constitute a set up - or reason to trade
Apparently notâ¦. :confused:
Context is simply a road map⦠it is not the destination...
Remember my goal â get you thinking for yourself
I am not sure about the answer
I respect not knowing/ not being sure
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the easiest can be that we enter at the break of high (long) or low(short) of NRB, with stop loss set to low...
SIR = Stupid - Ignorant - Redneck
Now I see how you roll :p
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You Are Welcome Note :)
btw;
learning how to trade = easy
learning how to be a trader = is the real bitch (mark my words)
RN
Hey CM,
You referencing this by chance?
http://www.elitetrader.com/vb/showthread.php?s=&threadid=153107&perpage=6&pagenumber=2
If not - let me know
You're Very Welcome Sir
RN
So youâre saying; NRBâs offer low riskâ¦, conversely WRBâs make the moneyâ¦, or a significant loss if we donât protect our self
Sounds reasonableâ¦.
So, with respect to a NRBâs;
Where should we be entering
When should we be entering
How do we go about finding...
Note⦠note⦠note
First â please go back and specifically answer my two questions
Second â it is easy to get overwhelmed (drinking from a fire hose)
Eliminate everything that is not currently useful.. and I really mean all of it⦠then start building up...
My bad, and I apologize Sir...
I also wholeheartedly agree about not needing to sell the high... or buy the low
Aside
God knows... I've certainly bought more than my fair share of highs... and sold my fair share of lows
RN
So I take it, you think Iâm lying
Questions;
For a turn to occur â shocks to the system not withstanding;
Do the big players position themselves first â for an impending turn? (the one they are creating)
If yes â wouldn't that leave tracks to follow / give away their plans...
I agree
All gaps are purposely engineered events â the reasons, although appearing varied, and possibly disassociated â are not
Some of these are meant to fill near term, others are not â but none occur happenstance
RN
Vinc
Though I think highly of this thread - to label it the best would be wrong
For each thread, we will get out of it - exactly what we put into it... same as trading
Some think this thread worthless - and I'll be the first to defend their right to do so
imho - there is no best...