You are correct.
Computers are used to make money.
Is there anything other than TA and Fundamentals?
- Thread starter pinkman
- Start date
You are correct.
Computers are used to make money.
I've got that, and so do lots of other people in the 95% of losing traders.
Like the poster whose mind i'm trying to get inside mentioned,
if 95% lose and them traders are trading from charts, doesn't it make sense to use a better method? (paraphrased)
And, certainly not to sound cruel, but i'm aware of your posting history too.
You certainly had a good run a few years ago with lots of good realtime calls, but your trading has not looked especially profitable since then.
I'm in a similar boat. I've had times when I'd made money 4 out of 5 days for 8 months in a row and thought i'd finally 'sussed it'. It looks like I was wrong based on my current performance.
TA is free. just like Tips.
TA is so scientific, that is why attracts so many suckers.
the market is practical. just like everyone eats, some eat meat lot, some not, but still thin and healthy.while some eat meat lot, but they are fat and unhealthy.
from this observation, you can not conclude anything.
TA is the same thing. some claim TA is very useful, some just said oh holy crap.
to me, TA is a good tool to describe after-fact market,but it is a horrible telescope to predict,find out the true truth behind.
like today SPY gapped down and free fall, I have fundemental reasons to short the opening.
U.S. economy pickup is an illusion. No QE, no pickup. the critical reason is U.S. economy growth is at the level which can not be expanded any more. just like a normal person, when he is three month old, he drinks three cups of milk, when he is three years old, he may drink 5 cups ofmilk, then after that, no matter how many milks he drink, his growth speed slows sharply, until some point, what he eats, all pooped out, a balance. if he eats more than he poop out, he will get sick, like obseidty, dibetics...
the FED is doing a very stupid thing, QE ... QE ... that will not help,just an illusion (make you feel good). ask an adult to eat more, does not help him become healthy.
TA is so scientific, that is why attracts so many suckers.
the market is practical. just like everyone eats, some eat meat lot, some not, but still thin and healthy.while some eat meat lot, but they are fat and unhealthy.
from this observation, you can not conclude anything.
TA is the same thing. some claim TA is very useful, some just said oh holy crap.
to me, TA is a good tool to describe after-fact market,but it is a horrible telescope to predict,find out the true truth behind.
like today SPY gapped down and free fall, I have fundemental reasons to short the opening.
U.S. economy pickup is an illusion. No QE, no pickup. the critical reason is U.S. economy growth is at the level which can not be expanded any more. just like a normal person, when he is three month old, he drinks three cups of milk, when he is three years old, he may drink 5 cups ofmilk, then after that, no matter how many milks he drink, his growth speed slows sharply, until some point, what he eats, all pooped out, a balance. if he eats more than he poop out, he will get sick, like obseidty, dibetics...
the FED is doing a very stupid thing, QE ... QE ... that will not help,just an illusion (make you feel good). ask an adult to eat more, does not help him become healthy.
I know it.
They use the BUY and SELL button.
There you have it. The secret to trading.
They use the BUY and SELL button.
There you have it. The secret to trading.
I disagree with the second part. There may be "other" ways to make money without using price charts but price charts (ie past price stats) can definitely be used to create a successful system. It's not easy, though. Nothing worth anything ever is.
pinkman:
You need to consider just a few things.
See if this means anything to you:
{[(..............)..(.....)..]..[(......) ....(........)..].}
If you are familiar with computers, you know they "process".
Successful traders do process. What they process did not make your listings. So you are very correct as is MS in mentioning all the stuff that does not work.
So I am explaining to you just what it is that is used to make it work.
What you saw up above on one line is feed by information.
Before the information "gets to" that line, it finds itself entering a STRUCTURE.
Persons who are successful in partnering with the market use a complete structure and that structure contains a "process" that is defined completely in terms that keep the process flowing as time passes.
Thus it may be possible for you to see and understand that information is arriving and that information is in a CONTEXT which is meaningful.
This is inside a computer and the computer is burning enegy as it operates.
To make trading always be successful, the computer transmits "instructions to markets". The instructions are always valid and proper. Thus results occur.
All of this in combination is called a system. Structure>> process>>> results.
As a PA trader, you do not have a structure. You do not have a context. You have a process that you do. BUT you do not have a process your computer does. Your computer is not sending information to your broker. Nor is it getting information from your Broker.
Since I have all the things needed, I will explain them to you.
I get market data by buying it.
My data goes into a structure I built using mathematics. the structure may be seen by looking at flow charts where lines have names and the line go to boxes. the boxes do defined things with data.
you do not have lines.
You do not have boxes.
I also have a place where I keep standards for comparison. To read this you can think of this collections as look up tables. An example you do deal with is called the multiplication table.
You do not have any look up tables.
In any room in your house you have switches. You know how to use them.
All my lines have switches.
You do not have any switches.
My computer does all the work.
What it does is "process" in a context (that keeps changing and keeps up to date). The structure is "outside" and surrounds the process. the structure is what runs the switches and what has as part of it all the boxes. A lot of the boxes have inputs that come from look up tables.
you have a computer.
you do not have a structure. As suggested above you do not have other things.
All this stuff operates in real time and is arranged to tell me what is coming up soon.
The ingredient that makes this possible is probably totally unknown to you. this information is in look up tables that are designated Order Of Event tables. OOE.
You have no OOE's I have 5. Each one is focussed on a portion of the information that is used to make a system work. Most OOE's provide "context" After that some provide what is "relative" to NOW in the same information category.
As these elements do their thing. As you can imagine their are loops in my system and loop[s in the process.
I maintain one other aspect of making money.
I use Go/NoGo boxes to always know I know completely about the total and detailed significant STATUS of all the ingredients.
In other words, my structure, process and results is smart. There is no moment where noise, flaws, or anomalies have been part of anything whatsoever.
So I use MADA based upon an algorithm which has acomplete HS and PM. It is always certain and the probability is always 100%.
I do not use what you have on your list. We are mutually exclusive. What you list is not appropriate.
My computer has everything in it and it goes on all the time. I do have the STATUS all of the time. I take the full offer of the market using what I built into my computer stroke by stroke on a keyboard after market hours.
To make more clear what I do, I posted all the parts and all the boxes and all the lines and all the Go/NoGo. I notice most people can not understand or use what I did.
As you found out, most people are like you and marketsurfer. To be successful a person has to have knowledge and skills.
I have explained that I have knowledge and I got it by not using what is on your list. I used deduction instead. It begins with a pencil and a blank sheet of paper. First, you put a bar on the sheet. Second, you put all the other kinds of bars next to it, one at a time. The rest is just the natural process of writing down the remaining details.
You have never seen the market as yet. Your computer cannot show you the market. You have to put in the computer what it needs to give you the market changing STATUS.
Your keyboard has all the keys you need.
You need to consider just a few things.
See if this means anything to you:
{[(..............)..(.....)..]..[(......) ....(........)..].}
If you are familiar with computers, you know they "process".
Successful traders do process. What they process did not make your listings. So you are very correct as is MS in mentioning all the stuff that does not work.
So I am explaining to you just what it is that is used to make it work.
What you saw up above on one line is feed by information.
Before the information "gets to" that line, it finds itself entering a STRUCTURE.
Persons who are successful in partnering with the market use a complete structure and that structure contains a "process" that is defined completely in terms that keep the process flowing as time passes.
Thus it may be possible for you to see and understand that information is arriving and that information is in a CONTEXT which is meaningful.
This is inside a computer and the computer is burning enegy as it operates.
To make trading always be successful, the computer transmits "instructions to markets". The instructions are always valid and proper. Thus results occur.
All of this in combination is called a system. Structure>> process>>> results.
As a PA trader, you do not have a structure. You do not have a context. You have a process that you do. BUT you do not have a process your computer does. Your computer is not sending information to your broker. Nor is it getting information from your Broker.
Since I have all the things needed, I will explain them to you.
I get market data by buying it.
My data goes into a structure I built using mathematics. the structure may be seen by looking at flow charts where lines have names and the line go to boxes. the boxes do defined things with data.
you do not have lines.
You do not have boxes.
I also have a place where I keep standards for comparison. To read this you can think of this collections as look up tables. An example you do deal with is called the multiplication table.
You do not have any look up tables.
In any room in your house you have switches. You know how to use them.
All my lines have switches.
You do not have any switches.
My computer does all the work.
What it does is "process" in a context (that keeps changing and keeps up to date). The structure is "outside" and surrounds the process. the structure is what runs the switches and what has as part of it all the boxes. A lot of the boxes have inputs that come from look up tables.
you have a computer.
you do not have a structure. As suggested above you do not have other things.
All this stuff operates in real time and is arranged to tell me what is coming up soon.
The ingredient that makes this possible is probably totally unknown to you. this information is in look up tables that are designated Order Of Event tables. OOE.
You have no OOE's I have 5. Each one is focussed on a portion of the information that is used to make a system work. Most OOE's provide "context" After that some provide what is "relative" to NOW in the same information category.
As these elements do their thing. As you can imagine their are loops in my system and loop[s in the process.
I maintain one other aspect of making money.
I use Go/NoGo boxes to always know I know completely about the total and detailed significant STATUS of all the ingredients.
In other words, my structure, process and results is smart. There is no moment where noise, flaws, or anomalies have been part of anything whatsoever.
So I use MADA based upon an algorithm which has acomplete HS and PM. It is always certain and the probability is always 100%.
I do not use what you have on your list. We are mutually exclusive. What you list is not appropriate.
My computer has everything in it and it goes on all the time. I do have the STATUS all of the time. I take the full offer of the market using what I built into my computer stroke by stroke on a keyboard after market hours.
To make more clear what I do, I posted all the parts and all the boxes and all the lines and all the Go/NoGo. I notice most people can not understand or use what I did.
As you found out, most people are like you and marketsurfer. To be successful a person has to have knowledge and skills.
I have explained that I have knowledge and I got it by not using what is on your list. I used deduction instead. It begins with a pencil and a blank sheet of paper. First, you put a bar on the sheet. Second, you put all the other kinds of bars next to it, one at a time. The rest is just the natural process of writing down the remaining details.
You have never seen the market as yet. Your computer cannot show you the market. You have to put in the computer what it needs to give you the market changing STATUS.
Your keyboard has all the keys you need.
Don't listen to them.
Every monetary objective you can imagine is rewarded with proper understanding of TA.
The detractors don't get it... likely never will. You need not be one of them.
Man UP. Do your own thinking.
This is my final post in this thread.
pinkman:
As you saw when you sat there and drew pairs of bars to get all the pairs, you got 9.
There is one other; it requires three bars.
Here is the only conclusion possible:
The market is finite and simple to gain control over in the present.
A lot of people fail in trading. To succeed, all you have to do is "always know that you know".
It took 10 years for you to ask: what is missing here. Now you know.
pinkman:
As you saw when you sat there and drew pairs of bars to get all the pairs, you got 9.
There is one other; it requires three bars.
Here is the only conclusion possible:
The market is finite and simple to gain control over in the present.
A lot of people fail in trading. To succeed, all you have to do is "always know that you know".
It took 10 years for you to ask: what is missing here. Now you know.
I met someone like such years back (about 8 years)...
- She didn't use charts
- She didn't do tape reading or dome reading
- She didn't use fundamentals, economics or breaking news
One day her data vendor was offline for about 3 days...oddly she had no trades for those days her data vendor was offline while she didn't miss a trading day the prior 6 months of showing verification she was a profitable trader. That's when she admitted she used (needed) charts but didn't think it was TA.
Yeah, she didn't do the indicator thing, didn't do the fundy thing, didn't do the domy thing. Yet, she did do the charty thing and didn't have the guts to admit how important charts were to her trading.
Anyways, she admitted that the days her data vendor was down or having data problems...she couldn't trade. Yet, she doesn't believe that using charts is TA. Thus, she now calls herself a chartist without TA and without fundamentals.
*****
The point I'm trying to make, some folks use something but don't believe its being used the same way that others use it to make trade/invest decisions. That allows them to say "I don't use it".
*****
Kind'uv reminds me when I was a teenager...a friend told me he didn't have sex with another friend's girlfriend but he did admit he put it in for a minute.
