If you want to fail as a trader, study TA

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Quote from The Expert:


Now then,

If you care to ponder on what most post, you WILL see that 99.99% of it is just pure and utter rubbish.

The trading game is highly overrated, and expertly presented by those who are good at getting suckers to part with their hard earned money.

I am now telling you, with all honesty, that it is all bullshit, and, if you want to make GOOD money trading, YOU MUST become an expert gambler.

If you decide to adopt the line of thinking, such as, "trading is not gambling", then you are a thick fukin idiot who deserves to lose every penny you have:eek:

They are all a bunch of fukin idiots out there who have only one purpose in life, and that is to screw any person who is screwable, and jest I do not!

Take control of your own life, fuk them all, and learn how to read the market correctly, and, when you do, you can make as much money as you like, when you like.

BUT, do not get greedy, as, nature has a subtle way of dealing with greed:D

Happy Trading:)

TE..or..better known as The Expert
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Is the profanity necessary?

“When a man uses Profanity to support an argument, it indicates that either the man or the argument are weak; probably both.”
 
Quote from IchibomB:

Do you consider exit signals, targets?

I look at a trade as a moving bullseye. The bullseye is the target obviously but what
other things do archers take into account without even thinking about it?

How far are they from the target? An exact measurement.

How much will they need to pull back on the bow? If you were to measure the distance from the bow to the pulled string you would get a measurement. One measurement is better than the other and will prove to hit the target more times than the others.

How high will they need to aim? This is also a measurement that when documented and used accordingly will provide more accurate hits/bullseyes than any other measurement.

How fast is the target moving? This is a measurement of speed and of course a measurement as well.

Now say we put up a sign that tells the archer that he is 200 feet away. This is an indication of distance.
We put a measuring tape with the measurement that provided the best results on hitting the bullseye next to the archer so he pulls back the same exact length each time.

We also put a target behind and above the original target showing the archer how high he will need to aim with a laser sight on his bow to shoot precisely that high.

There is a sign that tells the archer exactly how fast the target is moving.

This is our chart and these are all signals that will help us hit the bullseye accurately. Because the archer is a human and not a robot, there is always room for human air. Maybe the archer flinched a little bit when releasing. Maybe he stood just a few inches behind the line and therefore caused a miscalculated shot. These things will happen.

The wind in this case can cause all indications of a perfect shot to fail. This is the equivalent of fear caused by world events shaking the market. If you trade purely off signals you will lose more times than not if wind is present. So, wind should always be considered.

I have a handful of signals, like the archer, to help me hit the target. This to me is a 'win' which has been hit for profits 75% of the time documented over 1 year. I usually don't have a target in the sense that I enter a trade at 1238 and I want to exit at 1242. My 'target' is to hit the bullseye. That's all I want to do. If done correctly, this will yield profits (however big or small they are) 75% of the time using my set of indicators as signals for entries and when applied inversely, exits.

These are just some of my thoughts on technical analysis and using signals as 'targets'.
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WTF are you on about? May i suggest that you shut up!
 
Quote from The Expert:

OK THEN..HERE WE GO..AND I WARNED YOU ALL:mad:

TARGETS..TARGETS..TARGETS

YOU MUST HAVE A FUKIN TARGET..WHETHER YOU ARE DAYTRADING OR WHATEVER FUKIN KIND OF TRADING:eek:

TE USED TO TRADE THE LARGER MOVES..EXPERTLY PREDICTING TARGETS AND LEVELS FOR TRADE INITIATION..AND THEN..TE GOT FED UP WITH MAKING GOOD MONEY AND GIVING SOME OF THE GOOD MONEY BACK..SO THEN..TE DECIDED TO JUST TAKE MONEY OFF THE DUMB ASS TRADERS..EACH DAY..AND GIVE VERY VERY LITTLE BACK:D

IT IS NO GOOD MAKING GOOD MONEY IF YOU CANT HOLD ON TO IT

Now then,

If you care to ponder on what most post, you WILL see that 99.99% of it is just pure and utter rubbish.

The trading game is highly overrated, and expertly presented by those who are good at getting suckers to part with their hard earned money.

I am now telling you, with all honesty, that it is all bullshit, and, if you want to make GOOD money trading, YOU MUST become an expert gambler.

If you decide to adopt the line of thinking, such as, "trading is not gambling", then you are a thick fukin idiot who deserves to lose every penny you have:eek:

They are all a bunch of fukin idiots out there who have only one purpose in life, and that is to screw any person who is screwable, and jest I do not!

Take control of your own life, fuk them all, and learn how to read the market correctly, and, when you do, you can make as much money as you like, when you like.

BUT, do not get greedy, as, nature has a subtle way of dealing with greed:D

Happy Trading:)

TE..or..better known as The Expert
More...



You can never teach a person how to trade, being able to handle a trade is un-teachable...haha.

A person will either grasp it, or they will not. Human nature will stack the odds against the individual, and so the individual is not taking on the market.......but themselves.

It's an experiential thing, a skill, a talent that really can't be forced, a person has to have the natural ability.

Trading is not about patterns, it's about handling.

The handling ranges from split second to long-term, instant changes of mind, in no particular order.

The true trading mind does not allow for relaxing and fun in the markets, it's constant unknowing.

Only certain people have the right personal attributes to take on the markets as an individual professional working for themselves with thier own money,....there are few.
 
Quote from Dackster:

WTF are you on about? May i suggest that you shut up!
More...

Please DR, do not be so rude:eek:

Everyone is entitled to their opinion, no matter what it is.

We can talk about trading until the cows come home, but, it is up to each individual to find what works best.

Some approaches work better than others, and, that is what really matters, for, it really takes a lot of live trading experience to learn the ropes, especially when you see all the crap that people have to sift thru before they find some real truths.

If people want to use indicators, then, I say let them off, for, maybe that is the only way they can trade, and, if they try any other way they might be completely lost.

What ever way make you money, and, that is all that really matters.

So, if you are not making money, then, you need to choose wisely the people you decide to take advice from, for, very few actually know how to read the markets correctly, and, when the chips are down you will be glad you are able to read the market, and not depend on silly mathematical indicators that really have no relation to what is happening, for, majority just lag the price and therefore will obviously seem like they are worth looking at, but, remember that is what the idiots want everyone to believe.

TE

Oh, fuk them all:D
 
Quote from The Expert:

Please DR, do not be so rude:eek:

Everyone is entitled to their opinion, no matter what it is.

We can talk about trading until the cows come home, but, it is up to each individual to find what works best.

Some approaches work better than others, and, that is what really matters, for, it really takes a lot of live trading experience to learn the ropes, especially when you see all the crap that people have to sift thru before they find some real truths.

If people want to use indicators, then, I say let them off, for, maybe that is the only way they can trade, and, if they try any other way they might be completely lost.

What ever way make you money, and, that is all that really matters.

So, if you are not making money, then, you need to choose wisely the people you decide to take advice from, for, very few actually know how to read the markets correctly, and, when the chips are down you will be glad you are able to read the market, and not depend on silly mathematical indicators that really have no relation to what is happening, for, majority just lag the price and therefore will obviously seem like they are worth looking at, but, remember that is what the idiots want everyone to believe.

TE

Oh, fuk them all:D
More...


Price action, volume, time. The experienced trader can work without volume.

Of course, the above does not matter one iota if you do not know how to handle it and yourself.

It does not come in printed format.


All the rubbish about stops and patterns etc etc, this is not the essence of trading, the real essence of trading cannot be taught, any real trader knows this.
 
Quote from Dackster:

Price action, volume, time. The experienced trader can work without volume.

Of course, the above does not matter one iota if you do not know how to handle it and yourself.

It does not come in printed format.


All the rubbish about stops and patterns etc etc, this is not the essence of trading, the real essence of trading cannot be taught, any real trader knows this.
More...

Aha, but how do you know that, DR!

Anything is possible, remember:eek:

It depends on the individual, and, if the individual has the right mindset, of course, trading can be taught, and, what is more, it can be taught in a very short time, providing the trader fully understands the principles and reasoning behind what MUST be done.

It is simple to make money trading, for, all you need do is buy/sell, wait for movement, and then take a profit when you have it.

Now, if you tell me that any person can not understand that basic principle, then, well, I guess that there is really something very seriously wrong.

TE
 
Quote from The Expert:

Aha, but how do you know that, DR!

Anything is possible, remember:eek:

It depends on the individual, and, if the individual has the right mindset, of course, trading can be taught, and, what is more, it can be taught in a very short time, providing the trader fully understands the principles and reasoning behind what MUST be done.

It is simple to make money trading, for, all you need do is buy/sell, wait for movement, and then take a profit when you have it.

Now, if you tell me that any person can not understand that basic principle, then, well, I guess that there is really something very seriously wrong.

TE
More...



True,

But most will run losses and cut profits short. Most will average down or not use stops.

For most, trading is a struggle, a constant struggle to do what is right, because to most, doing the wrong thing is natural.
 
Quote from Dackster:

WTF are you on about? May i suggest that you shut up!
More...

Thanks Dackster! You're full of real class buddy...

Don't say anything at all if you are going to be a jackass, jackass.



TE - I'm just talking stock here and having conversation. Obviously you take it with a grain of salt which is good. Nothing is absolute. Just getting ideas and feedback on my thoughts at the moment.

Nature wants to work correctly 99% of the time. Everything is part of a system which ensures continuity throughout the universe. Why should your trading strategy be any different?

Also, I do take into account lagging indicators and treat them like so. All I really need to know is which side of the trade the hands are in.
 
Quote from IchibomB:

Thanks Dackster! You're full of real class buddy...

Don't say anything at all if you are going to be a jackass, jackass.



TE - I'm just talking stock here and having conversation. Obviously you take it with a grain of salt which is good. Nothing is absolute. Just getting ideas and feedback on my thoughts at the moment.

Nature wants to work correctly 99% of the time. Everything is part of a system which ensures continuity throughout the universe. Why should your trading strategy be any different?

Also, I do take into account lagging indicators and treat them like so. All I really need to know is which side of the trade the hands are in.
More...


Did i insult you? If i did, then i appologise.

Nature works 100% all of the time, only nature works like this.

Understanding your natural tendencies will help you to cope better with the market.

Coping with the market is what all traders, good and bad, new and old, do.

Some people are better equipped to cope with the markets, but this is not down to planning, MM, patterns or anything else.

Do you know what it is?
 
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