Easy edges in the markets for retail participants?
- Thread starter ras72
- Start date
I suppose you've lost count of how many times you've made these remarks. Unfortunately there's no end to it since those to whom these remarks are addressed have a different worldview. They speak a different language. To say that each moment in the market is unique and that the outcome of any given trade is unknowable elicits astonishment. What good is that? How can one make money unless one can predict future market action?
There are those who can operate in an environment of uncertainty and those who can't. The insistence of one camp that the other "prove" the validity of its approach avoids the central issue, the lack of a common language, or even a common referent. If one is traveling and meets someone on the road who doesn't speak his language, he can try to communicate via hand signals and body language and facial expressions and intonation and so forth. Or he can say the hell with it, particularly if the other person shows no interest in communicating, and move on, looking for someone who speaks the same language.
The average beginner will take what is -- or appears to be -- the cheap and easy route. Look at the popularity of forex. He has no interest in spending years studying and practicing (so instead he spends years losing money). Therefore, putting a lot of time into something that doesn't promise success -- like trading rooms and courses and software do -- just isn't on the radar. Even if he eventually takes the formulaic route, those "others" will continue to seem like an alien species.
All of which makes for interesting message board fodder, but I wonder if anyone ever really learns anything from it.
I realize now that you really view the market as a neutral playing field. What a curious notion!
Basically you've taken an entry from a book, you filter it with an EMA. You really don't know what it is.
You don't know why your position gets run over only 35% of the times and rarely gets anticipated. You don't concern yourself with why you don't get run over more or less often. You believe the pattern forms naturally from the interaction between supply and demand like for artichokes at the fruit and vegetables market. You don't worry about outsmarting others because it's a neutral market and you are all producers and consumers of artichokes out to have a good time.
While kut2k2 believes nobody else sees it and to do so it takes a special talent that nobody else possesses.
And d08 believes the set up perdures because it's not worth the trouble to not even one of the thousands of operators that could use it out. That seems unlikely.
So many layers to this game. I love it!
I'm a student of price.
- ras72
look, there are 1000's of profitable traders here at et, all have found amazing edges and are happy to tell you all about it at the slightest hint of interest.
even more amazingly, they all keep perfectly silent about details, even after retiring with millions.
congrats on your success and your confidentiality.
I visit Hershey here at least twice a year.
even more amazingly, they all keep perfectly silent about details, even after retiring with millions.
congrats on your success and your confidentiality.
I visit Hershey here at least twice a year.
Quote from stock777:
look, there are 1000's of profitable traders here at et, all have found amazing edges and are happy to tell you all about it at the slightest hint of interest.
even more amazingly, they all keep perfectly silent about details, even after retiring with millions.
congrats on your success and your confidentiality.
I visit Hershey here at least twice a year.
You mean Hershey takes a part time job as a pilot so that he can fund his trading account ?
Traders or users in here, because, I won't even assume all posters here are or were traders, love to talk much without actually saying anything.
Quote from ras72:
I realize now that you really view the market as a neutral playing field. What a curious notion!
Basically you've taken an entry from a book, you filter it with an EMA. You really don't know what it is.
You don't know why your position gets run over only 35% of the times and rarely gets anticipated. You don't concern yourself with why you don't get run over more or less often. You believe the pattern forms naturally from the interaction between supply and demand like for artichokes at the fruit and vegetables market. You don't worry about outsmarting others because it's a neutral market and you are all producers and consumers of artichokes out to have a good time.
While kut2k2 believes nobody else sees it and to do so it takes a special talent that nobody else possesses.
And d08 believes the set up perdures because it's not worth the trouble to not even one of the thousands of operators that could use it out. That seems unlikely.
So many layers to this game. I love it!
I'm a student of price.
- ras72
You have a problem.
Consider examining it.
Also you are a student of price (another naive problem).
In golf there is an expression: "Drive for pleasure and putt for money." Being a student of price is like going to the driving range.
Get a putter. Have your landscape maintainer put in three greens. Make sure he keeps changing the holes up to date. The second putt on a hole is to correct your first mistake.
Reread nodoji's posts several times and see if you can provide this thread with a rational response instead of your prior bullshit.
I didn't hear me say that.
Like dbphoenix said, we're not talking the same language. I'm sure my method isn't the only effective way to trade. But you seemed to start with the preconceived notion that those with the most money and best computers automatically have the upper hand.
Money isn't everything. The best resource you'll ever have is between your ears. Use it.