Should I go to college before becoming a trader?

[Daring]

Quote from Mysteron:

JH, I'll tell you straight what I think of you.

You're full of your own bullshit, too full of it to realise how stupid you are, devoid of rationallity, a cretin that devalues and dumbs down this site, that makes common sense seem like an offense. You bore me, you are an irrelevance, you are a piece of shit that that stinks when I step on it, a squeeky toy with an irritating sound, you are spam, an annoyance, a tollerated buffoon, a puff pastry with no substance, a grey old man with faded dreams of grandeur.

Fuck you JH and all those that support you.

Amen

+1000

 

[NoDoji]

Quote from jack hershey:

Any trader who trades high probability groups of characterisitcs will make money.

Many people use additional routines to enhance the probabilities. The universal one (which we saw rejected by Mr Nate, immediately) was the wash trade.

Trading strategies and plans can only stem from the knowledge of how parts of the market work.

Gradually, through massive work, all these events can be boiled down to adjacent unique data slugs that occur very frequently (one at each moment of data change). There are 56.

Most traders compose (unknowingly) "edges" by combining sets of the 56 elements. The sets have a common quality content. The elements that compose a set are always in the same order.

Slugs of data are not determined by chopping time up regularly. A slug may only be determined one after another when an element if its definition has changes.

In formal education students goe through successive deadenings of their potential use of their minds. Obviously, my points are too long to be able to make a single point.

Jack, I quoted what I've found to be the brilliant gems that I, so far, have personal experience with.

Occasionally I feel brief moments of regret that you, Farley, and Brooks don't have interpreters to produce and distribute Cliff Notes so that the essence of your works are easily digested and assimilated. Then, just as quickly, I remember how constant daily chewing coupled with a complex digestive system enables the horse to spin straw into muscular power such that we name the measure of engine performance after it.

 

[jack hershey]

Quote from Mysteron:

JH, I'll tell you straight what I think of you.

You're full of your own bullshit, too full of it to realise how stupid you are, devoid of rationallity, a cretin that devalues and dumbs down this site, that makes common sense seem like an offense. You bore me, you are an irrelevance, you are a piece of shit that that stinks when I step on it, a squeeky toy with an irritating sound, you are spam, an annoyance, a tollerated buffoon, a puff pastry with no substance, a grey old man with faded dreams of grandeur.

Fuck you JH and all those that support you.

If you have any questions, just ask.

The market is counterintuitive to say the least.



He is your first post in ET in 2010:

I saw the title of the thread and a strange sense of Deja vu came over me!

Hi TE,
it was tss42 who let me know you came here, so I thought I'd better become a member.

Its interesting the way this thread is going, similar to the one on t2w. People's views seem to polarize into two two camps, there are the inflexible closed minded ones who attack, filling the thread with nonsense, occasionally with abuse too, and there are others who have a flexible mind willing to consider that, just perhaps, their own view is not perfect or possibly is even incorrect and wouldn't it be a good idea to consider alternative views.

The ability to think rather than expecting to be spoon fed is an absolute must for anyone to be able to get value from this thread.

My own interpretation of the thread title is this.

If a trader studies TA and uses it then they are consigning themselves to stay within the niche of the retail trader, at best making a few $ from dumber retail traders, but often loosing $ to smarter traders. If making a few $ as a supplement to a main source of income is OK then some would say thats a success. If however the aim is to make a living from trading then the trader needs to think differently and become seperate fom the herd and follow the money by learning how to read the charts.

R

 

[Mysteron]

JH, in my first post on this site which you quoted, I was of course criticising those people who make a career of posting negative comments without thinking deeply about what it is they are criticising. By quoting my original post you seem to be implying that I am behaving in the same way, that isn't true because in your case I've read far too many of your rambling posts than most rational people would be willing to subject themselves to, and I have had ample time to consider what I have read in order to come to the conclusion which I have made clear already.