Damn I did it again. Killed a thread...Well, back to work. Have a good one y'all. Better trading tomorrow.
Has this Market been bad for Everyone
- Thread starter Flashboy
- Start date
Quit putting ideas in his head
-FastTrader
What's really amazing is that I actually got some work done in between postings :eek:
-FastTrader
-FastTrader
Interesting, isn't it?
I actually tend to look at countless factors. I think I'd call my trading "elimination method".
What I'm getting at is that I like to look at the market from every possible way. I want to know all the relevant MA's, all the price levels, supports, resistances, short-term, long-term, prior congestions etc etc., RSI, STOC, CCI and their divergences, ADX, Volume, ATR, fibonacci time/price grid levels, fib circles, bar analysis over various periodicities, time&sales analysis...
This way, I feel like I don't miss out on anything. Basically, when there are really gaps opening between all these indicators, then I can see an opportunity straight away.
It looks confusing to most - But perfectly simple and transparent to me. It really isn't a problem.
I traded "KISS" for quite a while, but got a little bored with the simplicity and the potential underlying action that others might be seeing while I ain't. So, eventually I just decided to see everything
Most people would get analysis paralysis from this, I guess, but really - Once you've done it so many times, it's just routine. And you see so much more.
The more you can see, the more ahead I can be of the others.
This is what I define as one of my edges, anyway.
I should admit that I have a certain faible for complexity in almost anything. I love complex formulas, translating Latin,(or French, German, English, Turkish LOL), programming... anything challenging, you name it.
I like hanging around with equally confusing people, too. For example, I like my girlfriends to have IQ's over 130!!
And by the way - I don't necessarily use all this stuff for scalping That's just for intraday trades!
OK let's summarize all this: I just want to know everything!
~Scientist
Your first post was on 05-31-03! hah!!
Quote from Scientist:
Interesting, isn't it?
I actually tend to look at countless factors. I think I'd call my trading "elimination method".
What I'm getting at is that I like to look at the market from every possible way. I want to know all the relevant MA's, all the price levels, supports, resistances, short-term, long-term, prior congestions etc etc., RSI, STOC, CCI and their divergences, ADX, Volume, ATR, fibonacci time/price grid levels, fib circles, bar analysis over various periodicities, time&sales analysis...
This way, I feel like I don't miss out on anything. Basically, when there are really gaps opening between all these indicators, then I can see an opportunity straight away.
It looks confusing to most - But perfectly simple and transparent to me. It really isn't a problem.
I traded "KISS" for quite a while, but got a little bored with the simplicity and the potential underlying action that others might be seeing while I ain't. So, eventually I just decided to see everything
Most people would get analysis paralysis from this, I guess, but really - Once you've done it so many times, it's just routine. And you see so much more.
The more you can see, the more ahead I can be of the others.
This is what I define as one of my edges, anyway.
I should admit that I have a certain faible for complexity in almost anything. I love complex formulas, translating Latin,(or French, German, English, Turkish LOL), programming... anything challenging, you name it.
I like hanging around with equally confusing people, too. For example, I like my girlfriends to have IQ's over 130!!
And by the way - I don't necessarily use all this stuff for scalping That's just for intraday trades!
OK let's summarize all this: I just want to know everything!
~Scientist
The problem I have with looking at EVERYTHING, is that there is always something that doesn't pan out with what other indicators will tell you. So you will always have a fw contradicting indicators. What do you do in these situations?
TM Trader