Dude, Are you still trying to trade trends?

Trading Education Buyer said:
My first to question to educators /trainers is why are you selling old rope?.Of course you got money for the old rope. The phrase came to mean money for anything (seemingly) worthless.Why are you not using this education yourself?
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Bro relax.. How about try to ask questions before complaining.. First, let me say that this is the real world.. And unfortunately, the real world we live in has something that's called a "financial system".. It's one of the hardest system to crack.. It's built that way on purpose..The people that are in control don't wont to see the average Joe succeed.. The market is controlled.. It's not a free market.. It's a complex mathematical system. I'm not going to get into this because you probably wont believe me anyway..

Now back to trading.. The reason why things seem hard to you is because you haven't put in enough time.. Price patterns are real.. If you study the chart long enough you will start to see patterns that you will not find in any book..

Why do you think I started this thread? Because I wanted to warn people like yourself not to only focus on trends.. I want people to study chop, breakouts , and consolidation.. This is how you become a great trader.. The chart you had posted earlier was easy to read.. You see, if you just only study trends, it will be hard to read that chart.. This is the messages I'm trying to give people in this thread..
 
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MarketAddict said:
Why do you think I started this thread? Because I wanted to warn people like yourself not to only focus on trends.. I want people to study chop, breakouts , and consolidation.. This is how you become a great trader.. The chart you had posted earlier was easy to read.. You see, if you just only study trends, it will be hard to read that chart.. This is the messages I'm trying to give people in this thread..
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So we are going back to constantly screen watching , for almost every move , almost every move can lead to the start of a set up/price pattern .This is trying to predict what the market will do next.I can go to the casino and bet on the form of the reds or blacks or bet on horses and the form of the horse trend.We are just gambling on horses , looking at their form.

2016 Cheltenham Festival Betting Trends

I like to see my horses running fast , after I put my money on it.

http://cheltenham-festival.betting-directory.com/trends.php

You don't need to know what the market will do next , to make money.You have to have your own system , where you call the shots , your system determines when you enter the market , when you exit , the market can stuff it self.With options I can do this .

So I am now betting on the s and p , it makes first move , mr market calls the first shots it trends , I follow , then it chops out /stops out , finally the market cleans you out.This does not work.You are just playing into the market's game AND HEADING FOR DISASTER.
 
speedo said:
Cud b the ole rot hisself.
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The table on the roulette is giving 70% , it has many sequences on black ,tonight the trend is black, so If i bet on black tonight ,I should win .I see no difference here between gambling on roulette table trends and trend trading.Sequences black , black , red , black , black , black , red black ??.....?.Pattern is very tradeable.

Another table is giving outcome red , black , black , red , red , black , black , black , red .Is the pattern tradeable?

http://bookiesroulette.co.uk/top-systems/trend-tracker-roulette-system/

I like to wear my own trousers in the markets , I have 30 days to exit , I don't get taken out by MR MARKET.
 
Mtrader said:
It has nothing to do with hindsight. If it does, it means that you are not able to trade that way because you have no clue. It is not because a blind cannot see, that it does not exist.

You can find areas where a trend change can happen. If you backtest this you can know with high probability what the chances are that the signal will be a good one, you can also know with high probability what the chances are that it will be a real trend, and you can even know with high probability what the chances are that a trend change is occurring as you will get a new signal. It is an eternal recurring cycle.
Looking at past data can help you to find these cycles. So past data can indeed help you. You should only know how to do that. So you are the problem.
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That is true. I am a continual self improvement project. You, on the other hand are clearly at or near the top of the Forbes 400, or will be there very soon. You sound more adept at calling trends than Soros, who himself admitted continual insecurity in his ability to do so.
 
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