reading charts basics

[Rams Fan]

I'll continue trading the same way as I've always done.

That isn't the issue. No one is ytrying to get you to adopt Halsey's approach.. Heck, I don't use it myself.

But you telling the world that you know a thing or two when you are clueless is fucked up.

You haven't even read the book.

Then you pretend to know what Livermore would say lol.

Livermore was a smart dude, not a moron. If he saw an edge in it, he would have used it.

 

[schizo]

Read the motherfucking book.

Oh BTW it's you who didn't read the damn book

Here's what it says in the book

"I developed a unique and powerful methodology for successfully navigating this new and previously uncharted trading environment. At the core of this methodology is the measured move, as described by Fibonnaci retracements. Put simply, Fibs make the moves."

Sucha moron. Not you, but the author.

Edit: Upon reading the post above this one, which I didn't read before posting this, tells me you have an issue. While I have no bad feeling towards you on a personal level. But as far as trading goes, I don't see how we can jive. So let's put this to rest and go our separate ways. Just don't engage me again, if you can.

 

[Rams Fan]

Would you recommend this book @schizo ?

I like you @Sekiyo but you need to be more discriminating in whose opinion you seek.

There are maybe 5 or 6 here who really know a thing or two about a thing or two. The rest are from the island of misfit toys.

I think my time is done here.

 

[Sekiyo]

I like you @Sekiyo but you need to be more discriminating in whose opinion you seek.

There are maybe 5 or 6 here who really know a thing or two about a thing or two. The rest are from the island of misfit toys.

I think my time is done here.

Like you too,
Thanks.

Wish you the very best

 

[Sprout]

I like you @Sekiyo but you need to be more discriminating in whose opinion you seek.

There are maybe 5 or 6 here who really know a thing or two about a thing or two. The rest are from the island of misfit toys.

I think my time is done here.

"...to infinity and beyond!"

 

[Sprout]

Im not asking this to look for a magic profits unicorn
Im genuinely interested how things work
And im very interested to understand how market works
I study everything until i can fully understand how entire machine operates.
In depth

Words don't teach, only life experience does.

You have to build experience by collecting data, sorting and categorizing as your "spectrum of differentiation" grows.

Just chatting on a forum won't do it.

For example, You can take any indicator and de-construct it, log it's value changes bar-by-bar until you come to the realization about indicators and when and what context they are useful. Many just discount them and just parrot "they are a lagging signal" and therefore useless. Some call this a form of backtesting, yet you can forward test it as well. One can map multiple indicators bar by-by-bar and form an opinion on when they correlate and when they don't.

All this can be done by hand. Some learn programming so that they can be more efficient about it.

If you don't do the meat of the work, you don't get any pudding. "How can you have any pudding if your don't eat your meat?"