So GK, you have already won half the battle, and now, all you need is a PROVEN strategy to help you win the second half
Funny how the KEY things are not memorized
WRB's > NRB's > WRB's > NRB's > WRB's > NRB's > ........
TE
If you want to fail as a trader, study TA
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So GK, you have already won half the battle, and now, all you need is a PROVEN strategy to help you win the second half
Funny how the KEY things are not memorized
WRB's > NRB's > WRB's > NRB's > WRB's > NRB's > ........
TE
YES, EXACTLY, SURELY, WITHOUT DOUBT
The reason BEING, because it moved down
Are you NOW starting to see what others do not see?
TE
It happens WHEN it happens, and, to think you can predict when it will happen, well, lets just say you might as well join the majority, and study TA
TE
Quote from The Expert:
Hmmm, so a chart is a chart is a chart
Ok then, what is this?
TE
Looks like a Rothko...
That's the problem, trying to find the strategy to win the 2nd part in the battle.
if WRB's > NRB's > WRB's ....etc. i would wait for evidence of a WRB forming after a NRB ie proof that a WRB is in progress and take the trade based on the direction of the WRB
if WRB's > NRB's > WRB's ....etc. i would wait for evidence of a WRB forming after a NRB ie proof that a WRB is in progress and take the trade based on the direction of the WRB
Quote from The Expert:
So GK, you have already won half the battle, and now, all you need is a PROVEN strategy to help you win the second half
Funny how the KEY things are not memorized
WRB's > NRB's > WRB's > NRB's > WRB's > NRB's > ........
TE
Nope, but the initials are BN
What is an EFFECTIVE STRATEGY?
5 mins so hurry up
Quote from The Expert:
It happens WHEN it happens, and, to think you can predict when it will happen, well, lets just say you might as well join the majority, and study TA
TE
Understood.
Ultimately, we have to develop rules that specify how we react to current observations, rather than use past observations to predict the future course of price action. To verify the accuracy and usefulness of those rules, without loosing money, it seems prudent to me to look at past price charts, as, at the very least I would expect any stupidy in my rules to be revealed.
I'd like to stay up all night but its well past my bedtime, g'night everyone.
I have a lot of proof to back up that "loser" theory, so I'm not going to argue that point. I'm trying to stop being a "loser".Quote from The Expert:
MK, you are starting to sound like a loser:eek:
Firstly, to succeed at making GOOD money, you MUST, understand that it is one big GAME, and, as in any game, there will be a loser and a winner.
In order to win, YOU must look at what the losers are doing, and, not do it yourself:eek:
The first trait of a loser is to think that nothing makes a difference, and, that is COMPLETELY wrong, for, the reality is such, that, a very small thing can make the world of difference
So, again, we get back to the Brain, and, if the Brain is not conditioned to process information CORRECTLY, then, what hope has anyone who finds him / her self in such a predicament
If YOU believe in Luck, then, you might as well look up at the Stars and see the many GODS that the ancient people of long ago saw:eek:
All of us are just specs of dust, compressed to form a nice picture
TE
As far as luck I didn't mean it in such a large sense. I don't believe in luck as a means to succeed. I only meant as in which tiny bar to buy when looking to enter. Everybody and their brother buys a bright green engulfing bar at support. Then everybody and their brother usually takes heat on that entry and would have been better off buying on a down bar at support. The 2nd green engulfing bar is usually a better entry, but you never know if there will be only 1 or 2 or 3 or 4 of them.
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