If you want to fail as a trader, study TA

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Now, if the idiots will but keep away, The Expert will be able to concentrate on TRADING related material:D

However, as The Expert is but a mirror, what ever is posted will be reflected back:cool:

TE
 
As mentioned, we will start to look at what way The Generals look at the market in the near future.

Also, The Expert will be posting some files that will require a small bit of thinking to open:D

It is advisable to LOOK for clues in the coming posts:cool:

Some rednecks might find them a bit addictive:D

TE
 
Quote from macattack:



I lack patience, discipline, money management...............all because I don't know what rules to follow. I can play blackjack all day long and never deviate from basic strategy and never overbet because I know the rules and the odds, but I don't know any of that with trading. I'm friggin' lost !
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I take it you understand the concept of card counting and the edge that it will give the skilled player.

You also know that even with a very favorable count you won't win every hand and that there is a possibility that you could lose your playing stake even though you have followed the rules correctly.

In the market game you can develop a better edge mainly because your winning potential is unlimited and you control your losses.

How would you like to go to Vegas and be able to change the rules as you played? The dealer shows a 10 and you have 12. You make a new rule that says you can have most of your money back. You can do that in the market.

The difference is you have to do something. If you just sit there and let the dealer deal you can lose a lot more than you originally bet. You are the only person who can end the game.

Don’t know what rules to play by? Make up your own.
 
The Game

In I go, not to know
If out will be, some money see
How I know, for sure to go
The way that will, keep me still

Maybe so, I am too slow
When I get fill, others still
Surely be, know same as me
For all do say, we use TA:D

TE
 
I have gone back over the previous posts (skipping over the non-relevant ones) and find them interesting - thank you TE for sharing your approach.

I think it is always important to keep an open mind. Unless you already know what his thought process is, you cannot know for certain if your criticisms are valid. Though you may not like its presentation, the option is always yours to stop reading.

I do not see anything TE has said so far that is outlandish. Some of it eludes me of course, but provides food for thought. PE may well apply to patience in this thread, as well as patience waiting for the right setup.
 
Quote from duhmentor:

I take it you understand the concept of card counting and the edge that it will give the skilled player.

You also know that even with a very favorable count you won't win every hand and that there is a possibility that you could lose your playing stake even though you have followed the rules correctly.

In the market game you can develop a better edge mainly because your winning potential is unlimited and you control your losses.

How would you like to go to Vegas and be able to change the rules as you played? The dealer shows a 10 and you have 12. You make a new rule that says you can have most of your money back. You can do that in the market.

The difference is you have to do something. If you just sit there and let the dealer deal you can lose a lot more than you originally bet. You are the only person who can end the game.

Don’t know what rules to play by? Make up your own.
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Thanks.
Makes a lot of sense.
 
Quote from The Expert:

The answer is very simple, as plain as the nose on your face, but, MK can not see it, for he has one (1) major problem that HE needs to overcome.

TE
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Consider it overcome !
 
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