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Look at all that opportunity, swing after swing, ripples and waves, but no tides.

I've been in and out of that one for several dayz, trying to time the bounce. Outstanding earnings report, super 5 year trend, in the buy zone, etc etc. The only thing that can kill that stock is a shock rate hike.

Co worker across the gray wall where I work is beside himself watching TSLA put in a good earnings report and spectacular forecast, yet the stock is still down. NVDA, MSFT, UPST, all making good profits and yet getting whacked bigly. I tried to explain some of the foundation of The Obvious to...

When enough muppets get the money shaken out of their accounts, the market will change direction.

The Obvious can be seen in any competitive market when zero sum dynamics are in play. I find it easier to see on an intraday timeframe but it does exist on the big swing trends to some degree. Daytrading has actually become much easier for me than any other time frame, since my eyes became...

Two of my favorites are MUH and DIK

Yeah let me clarify. I "BTFD" in several momo tech stocks that were on sale

I bot the dip today

Nothing in those pix is obvious, aside from someone trying to describe the past to give the illusion you can predict the outcome in a chaotic (open ended) system. And speaking from my own experience, whenever I tried doing the same, it ended in humiliated confusion, almost smashing equipment in...

There are rare elliott wave tacticians who use it to make trades and examine the progress of trends. We've all heard of the guy who tried to call a top with a fifth wave count, only to get obliterated by an extension of the wave into the stratosphere, and in the days of central bank buying of...

Just about every trader is looking at the market like an arena for doing battle, but it's an instrument of capitalism and banking that is part of what made western countries so wealthy when the world left the dark ages. It all started with futures contracts for farm commodities. Jim Rogers...

I was under capitalized and was looking for screaming returns, so turned to penny stocks, and learned a hard lezzon on long term down trends. But I did start using a primitive version of The Obvious at that inflection in my equity curve. The shallower region was my old ABC-12 elliot wave trend...

That mode of thinking is like saying "this company's quality inspectors need to do their jobs" when the root cause of inferior products starts way earlier in the process than at the end when you abort........

That is absurd. Have you been a student of Jack Hershey, by any chance?

There was another poster on this site, several years back, that used to post his trade using "the obvious" as a strategy, though his tactics were different than presented by the OP. One time he annotated one of his trades, pictures and all, and at the end said "time to snack on another retail...

Now that you bring it up, there was about a six month period where I did use "the obvious", in a primitive way, because the stock behavior of the ones I was trading made it "obvious" what to do. That was one of the most profitable periods I've ever had. What happened? Went back to work, gave...

I saved some of the old pics, years ago. They weren't helpful, and some even had crazy lines drawn all over them to mock TA gurus. Here is one of my favorites. *edit - this entire thread is an intelligence test, and so is life in general. Yes, "the obvious" exists and it is pretty well...

It was practically laid out right in front of you the the first few dozen pages of this thread.

I agree on both points. And the chief monkey is the central banking system driving these huge valuations, enabling other monkeys to jump on board the train and ride the momentum. But the fed's goal is not to make money trading, like us. That should be obvious...... I wonder what their real...

The obvious was shown to me in my second month trading by a subscription service I had. It seemed too simple to work, yet the "guru" in this case claimed to be a former broker at a big investment bank and pitched the method as being used by the wealthy banking families he occasionally did...