Market psychology. The secrets.

paperboy · Feb 3, 2015

Will post a few secrets now and then

You want to know what the other traders are thinking and doing.
You can do that from just a chart.
If they could major players would kill me for telling the secrets here in this thread.
Peoples habit creates patterns.

rerun · Feb 3, 2015

Any secrets to trading the open?

paperboy · Feb 3, 2015

Not sure rerun. But as far as i know not so smart money buy at best possible in an uptrend.

paperboy · Feb 3, 2015

Someone is helping me with this.

paperboy · Feb 3, 2015

Everything is cyclical

paperboy · Feb 3, 2015

Will show you real time later.

Chris Mac · Feb 3, 2015

MadeMan · Feb 3, 2015

orderflow pretty much ? .. selling strength ? buying into weakness?
herd behaviour, pushing/pulling... (greed , fear ) ?
it all comes down down to rock paper scissors in the end..

satchel · Feb 3, 2015

Psychology thread, ok I get it.

People get what they want out of the market. Some afraid of success and some afraid of failure. Perfectionists are the worst.
All represented on the charts I agree.

ahhh just read the psychology musings of Dr Van K Tharp (Trading is simple we humans make it complex! We resist change!)

Scataphagos · Feb 3, 2015

satchel said:
Psychology thread, ok I get it.

People get what they want out of the market.

Really? Don't all traders want (1) BIG profits, (2) fast upside results, (3) avoid the downside of risk?

How many traders achieve that?

"People get what they want out of the market"? No offense, but that's one of the most stupid things some dumbasses like to say. (I'm assuming you said it because you're just repeating something that sounds "profound and catchy"... even though it's not true.)