If you want to fail as a trader, study TA

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Quote from IchibomB:

If you want to fail, use T/A
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I like mine better . . .

If you want to fail, stop thinking for yourself.

If you want to fail, allow others to do your thinking for you.

If you want to fail, let self validation be something others learn to become skilled at.

If you want to fail, just keep on keeping on.
 
Quote from IchibomB:

If you want to fail, use T/A
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Well IB, for those who care to READ what is written, when TE speaks of TA he really means the myriad of indicators like MA, Stochs, Fibs, bla bla bla, etc, etc, etc, etc.

This has been made quite clear on many occasions:eek:

Now, once again:mad:

Trading is as simple as ABC or 123

If you fill up your chart screens with stupid squiggly lines, then, you are doing nothing but distracting yourself from what you NEED to be looking at.

Imagine any rational minded person, actually believing, that, by looking at certain squiggly lines, in certain ways, is going to allow one to predict the future of the price:eek:

That is the closest thing to lunacy you can get:D

The reason people look for comfort in the indicators, is, because they are NOT able to look and understand what is happening, for, if they did, then they would quickly realize that studying TA is a futile effort, and, is just another name for the wishy washy thinking mentality.

Great minds think alike, but, FOOLS SELDOM DIFFER:D

We are blue in the face trying to explain to people that 99.99% of what is out in the public domain is pure and utter rubbish, but, for OBVIOUS reasons, very few WANT to listen:eek:

TE
 
Quote from odlareg:

Hi TE,

Your answer gave me the impression you think I would be as foolish to ask in general if there is more. Of course there is more. You made this very clear in all the treads.

However, I was just relating the "more" to the ranges. Of course I do not expect a clear answer. TE never gives clear answers, just hints or whatoever.

Anyway, reason for me to thank you. I stumbled upon you searching the net by purpose and never ever regretted it.

I do not care what others say or think about you. Just respect your view and grab some value to make GOOD money, or at least trying to.

I could not imagine before I was ever able to perform like this. Many Thanks.
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Did you mean to say, "ask The General" :D

GO, it goes something like this.

Most think they know a lot about trading, just because they have participated in some market for a small amount of time. They think, for some silly reason (media and idiots wanting to take money from Mr & Mrs Gullible) that trading is very easy and anyone can make money in a very short space of time.

WAKEY WAKEY:D

Whilst the ACT of trading is very easy, the ACT of making GOOD money, and KEEPING IT, is far from easy for MOST.

Actually, it is the exact opposite, for, the majority never make money, and, the real idiots blow ALL of their money, that they might have spent years and years saving, in a few short months:eek:

Does this mean that everyone has to walk the same path?

OF COURSE NOT:eek:

If you are easily influenced by OTHERS, then, odds are YOU will take the wrong path, as most DO, but, if you are not easily influenced by OTHERS, and KNOW that OTHERS are clueless idiots who know NOTHING ABOUT EVERYTHING, then, and only then, will it become possible for YOU to SEE the other path, which, is of course the RIGHT path to take.

Why are so many so stupid?

Well, History shows that Education has a lot to do with it, so, accepting this FACT, as it is a FACT, is the beginning to understanding why so many are so stupid:eek:

So, now that one is in the KNOW, how do they go about TRAVELING the RIGHT path?

Simple, look at what OTHERS who have WALKED the path have COME up with.

If it makes sense, and IT MUST, then YOU KNOW that this is indeed the RIGHT path, but, if it does not make sense, then odds are you are just INSPIRED, and, INSPIRATION can be a very dangerous and costly thing, especially in the hard and fast world of gambling.

"A WISE MAN LEARNS FROM THE MISTAKES OF OTHERS" :D

TE
 
Quote from The Expert:

"A WISE MAN LEARNS FROM THE MISTAKES OF OTHERS" :D

TE
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And the wisest person learns not to blindly trust the actions of others but to actively validate their actions for themselves.

More importantly the wisest of individuals learns from his own mistakes because no one has more personal experience then he/she does for that particualr event.
 
GO,

Some time ago TE mentioned that a certain pair would more than likely head to test a certain level.

Do you remember what that level was?:D

Do you know what TE thought the way he did at that particular time?

TE

 
Quote from ProfLogic:

And the wisest man learns not to blindly trust the actions of others but to actively validate their actions for themselves.

More importantly the wisest of individuals learns from his own mistakes because no one has more personal experience then he/she does for that particualr event.
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So YOU think it is "wise" to learn from YOUR OWN mistakes:eek:

Hmm, in my world that makes you a loser:D

The MOST IMPORTANT thing that TE ever learned about trading, was not from his own actions, but, it was from the actions of someone else.:cool:

Did it shorten the learning curve for TE, did IT HELL:D

Next thing, at a guess, is that you will say trading is not gambling, and only those who are unable to trade say so:D
 
Quote from xburbx:

retest of 1213.8 with a target of 1183.8 and pain threshold/stop of 1226.7
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Very interesting!

Let's see what others come up with?

I will add one more for those who want to LOOK, for, this one has a tendency to SHINE from Time to Time:D

TE

 
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