Just in case some think The Expert is getting a bit soft, rest assured he is not.
You can all argue over silly little words, which mean piddly p.i.s.s in the real world of gambling, or, you ask RELEVANT questions in relation to making some GOOD money, it is entirely up to you, and, The Expert will respond accordingly, as like deserves like.
Now, for the LAST TIME:eek: , if a person decides to go off and waste a heap pf time putting stupid squiggly TA indicators on charts, to try to tell the future, then, they deserve EXACTLY what they will get.
It is as simple as that.
Forget about all the fancy words and definitions, it is all bull s.h.i.t.
Trade what you see, and trade at the RIGHT time, then, YOU have the odds in your favor, BIG TIME, and when you have the odds in your favor, YOU will find that YOU WILL make a lot more money than you will lose.
So, we have now mentioned losing, for, only a FOOL will enter the hard and fast game of gambling thinking that there will be no losers, and we know how many FOOLS are playing the Stock market
I must say, I now feel a lot better after relieving my bowls
All that The Expert asks, is that people think before they post, as, none of us are here to waste our time, for, The Expert is here to help those who "are willing to help themselves, and others", and, as for the rest, well, who gives a monkey, anyway
The only person that is important in relation to your trading is YOURSELF, everyone else are really of no significance what so ever, apart from The Expert, and, any other person who will help you choose the "correct path".
Volatility is nothing more than the size of the bar on the chart, and, the wider the bars the higher the volatility, even Homer Simpson knows that, doooh
F.U.C.K TA, it is all rubbish, how many times do I have to say it:eek:
Looking at a chart is not the TA I am talking about, and, if I have to repeat myself once more, well, I will have to start doing all of my posts in rhymes
Some thick idiots came up with math formulas to predict the future by placing squiggly lines on a chart, what a bunch of dumb ass traders who believe all that crap
The funny part is, they might well be making some money, but, because they think it is due to TA, they are restricting themselves from making a lot more than the could, hence, they are missing out on a lost opportunity, which, is the same as losing money, for, we must always remember that TIME=MONEY
Do not fret li, for, what you are experiencing is common among those who do not know how to trade.
What you must do, is, stop, and ask yourself this.
" What is The Expert trying to tell me here? He has already given some KEY points, and The Expert has even stressed that they are KEY, so, maybe that is a hint"
This state of mind will not last that long, if YOU but start to think
Very good questions MK, especially the MP one, and, what prompted that?
I have used MP in the past, mostly for trading the ES using the value area and the 80% rule, and, it is, lets just say, valid, the reason being that some floor traders use it for arb trading with the ES and main S&P contract. A certain fellow sells this course for around $3K, which I bought many years ago when I was an idiot, and, which I might gladly part with for free if I am convinced that the requestor is willing and able, as I no longer trade that way of have any use for the material in the course, as my main focus is now US stocks, not the ES.
OK, and not to go off on any wrong tracks, as this thread is a general one, but when The Expert talks about trading he is mostly talking about daytrading for US stocks only, and, no positions held overnight, so, gaps never have to concern us until the US market opens
The bar chart, or candle for those who use same, is made up of 4 levels, the OHLC, and, ALL of these levels are important for daytrading, so, yes, you MUST be aware of ALL when you are trading, not just the last one :eek:
Do not try to run before you can walk correctly, for, otherwise you might encounter many hard falls.
I like the bird story btw, and, with that, who knows what this is?
When you daytrade you MUST also use the daily chart, for, it is GOOD to know what has happened, and not waste time on thinking what might happen, for, TIME = MONEY, remember
What is the main reason for seeking out the right horses to back?
If all the horses in the race are favorites, are our odds of winning not greatly improved, no matter what horse we back
And, to make it even better, we do not have to place our bet before the race starts, now, go and get a bookie to give you a race like that every day to bet on
One can, if one so desires, keep a close eye on OI and changes in same, but, it is really not required and just wastes more time, for, you know what is next T=M
If you are daytrading then daytrading it is, and everything else is put out of the mind and not pondered on, for, in order to make GOOD money daytrading, you MUST be focused and fast, for, with all the automated stuff kicking in, you can get caught out for no apparent valid reason, for, it is all a gamble, after all.
Play the odds and take your money off the table when you have it, do it repeatedly and never get greedy, else, you WILL give it all back, and maybe even some more with it :eek:
, but we will now list them quickly, as I must go and relive my bowls
