Pattern Recognition = Consistent Profits

MACD said:
Preview by watching an excellent old video:
Titled: "The Truth Behind Technical Analysis"

View the video and then please post your opinion ... Thanks
More...

I've been talking about this s*** since I've been here....posting fibs...cyphers etc in real time. I even posted the gartly book the other day on Amazon. I know it's $1,500. Does anybody listen to me? LOL.

NO I did not watch the video.
 
Last edited:
MACD said:
Preview by watching an excellent old video:
Titled: "The Truth Behind Technical Analysis"

View the video and then please post your opinion ... Thanks
More...
Good Evening MACD,

I enjoyed the video. Thanks for sharing.
 
hilmy83 said:
Can you start a journal and show your live trade executions on the chart based on the analysis you use?
More...

No. Too distracting and too much bother.

If you're not sure you are "on the right path" for successful trading, I suggest you learn "Price TA". The price chart graphically shows the net conclusion of everything the market knows, thinks, anticipates, hopes, fears, etc at any given time. All of that condenses into players decisions to buy, sell, hold, avoid, etc. With Price TA you can see the patterns of buying and selling so that you can get your money on the right side of the action.

I don't mind directing traders as to "where to fish", but I'm not going to bait their hook and cast their line for them too.

Price TA isn't the "only game in town"... but I think it's the easiest to understand and execute*. There are also "fundamental analysis", "news reaction", "magic 8-ball", astrocycles, Taro, voodoo and OUIJA...

*KISS, as always... just in case you haven't heard me say this before. :)
 
Last edited:
ph1l said:
He warned about that early in the video.:cool:
2:49 "I've only got you for half an hour and it takes at least one hour to become a professional trader so you'll have to do that other half hour by yourself."
More...
%%
WENT back +since I believe in miracles, looked for something helpful in his chapter[based off post #8+ 9.]
IF we run an account , with a million,[did not say gross or net,LOL] which is what he did@ least once i figure;
dont let it do down -{- $2,222 more or less debt LOL}:D:D
ON a more serious note, same book ;
777] Mark Cook 's wife helped with him a budget, most likely/ like Dave Ramsey;
+ he doesnt trade certain Fridays+ JUNE...........
888]I cut out after noon daytrades\ ;
helped some for sure.:caution::caution: But even better, just average less if one noticed more losses from 2-3:00hour\CST-close hour. [JUNE -26-2024]
 
Scataphagos said:
No. Too distracting and too much bother.
:)
More...

I think it too much bother, once one understands the game thoroughly, it is like difficult to want to trade cause the challenge is gone. Of course there are losses, it is part of the game, so long as we come out profitable on the day. Everyone thinks trading starts when U.S. starts, get up when Great Britain starts , and make your goal.

Pattern Recognition, how bout find what is not written. When you find those, you be trading with those who never write about them.
 
upload_2024-6-27_7-20-41.png
 
hilmy83 said:
Can you start a journal and show your live trade executions on the chart based on the analysis you use?
More...

Just for you. Notice the green zones... reverses down from the upper one, reverses up from the lower one. These are "resistance" and "support" zones. (1) Look for these and trade them, (2) make a $Million, (3) donate a few bucks to a no-kill animal shelter near you.

Don't think you have to "catch them all"... just try to catch some while not taking large losses. You'll get better at it with practice.

Remember to always "KISS, baby"!

ES.PNG
 
You must log in or register to reply here.
Back
Top