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All of which provides information, if one understands what's going on. Therefore, it isn't noise.

I wish I could benefit from this sort of thing, but it makes no sense to me at all. :)

Whether or not one is a "good trader" is a verifiable fact, depending on how one defines "good". Unless one takes excessive pride in that, it isn't a manifestation of ego, though if one does take excessive pride in it, that excess will begin to affect performance. Back in the day, we...

Assuming that one has a robust trading plan and follows it, what remains is size. There need be only one qualifying move that day.

The Ignore function is only a stopgap. Most don't have the discipline to stick with it. Much like those who just have to slow down on the highway to see why those people pulled over onto the shoulder.

It's possible to be successful with a large ego. Depends on the quality of one's trading plan and whether or not one has the discipline to follow it. Absent either, or both, the ego not only interferes with success but prevents it. What others have or haven't done is not particularly relevant to...

Thank you. I misinterpreted what you said. Too bad this sort of thing can't be discussed the way "Zen and the Art of Trading" was discussed years ago.

OTOH, DIY therapy is rarely successful, even less so on message boards. But if one were devoted to the effort, I'd save the 43 bucks and study what's available for free online and at the library.

And he has. Though in Gringo's case it may be more The Ninth Gate. :)

No comment :) But there's nothing new about any of this. If one want to "trade price" and can't turn his attention toward price as opposed to HIS trade and HIS entry and HIS exit and HIS stop and HIS profit and HIS loss, then he isn't going to be very successful with trading price. Or perhaps...

Given that it's Gary Dayton, I'd tread lightly. 43 bucks?

15pts is not too shabby. That translates into 37.5 on the NQ, which is not too shabby either. Whether or not one is able to take advantage of whatever moves occur, regardless of how one defines "big", depends entirely on one's trading plan. If one can't recognize a range in real time, much less...

True. But clearly ET is not the place for this discussion as only one non-troll is interested in it.

All of these ranges affect intraday moves. It isn't as if experienced traders aren't aware that these ranges -- with the high and low and midpoints -- aren't there.

Many are called; few are chosen.

In relation to the above, the following was posted yesterday. Whether or not one wants to consider these movements to be random is of course entirely up to the individual. But given what I posted earlier about 37 and 47, they may be of interest. The following was posted last week:

I've come to the conclusion that no one under the age of 50 has any idea what The Scientific Method is, or, if they've heard of it, they have no idea how to implement it. Their idea of data collection, for example, appears to be the process of making the same mistakes day after day expecting a...

Though the course of an auction market is determined by the Law of Supply and Demand, you are correct that "buying is not the same as 'demand'". However, it became clear to me years ago that attempting to explore the ever-more complex levels of how the Law of Supply and Demand is manifested in...

Related to a series of posts in another thread:

Outrageous!! :D