So, what am I missing ?

[Overnight]

you are looking at eyes? are you some kind of pervert?
are you gay?

Eyes are the doorway to the soul, and there is much beauty to be found more than skin-deep. That's what is meant by "love-at-first-sight". It applies to two people looking into each other's eyes, and just knowing. Man.

 

[heavenskrow]

What you are missing is the size of the trader.
You, me, anyone on ET, can enter/exit an entire position and *rarely* have to worry about bringing down the market with selling pressure, or *creating* a surge in price by trying to buy in.

What you are missing is the size of those who might need a week or two to get out of a position. This is readily discernible in price action, and readily demonstrated in "T/A" tools. The problem is, that by the time you discover such a heavy and trending agenda, it may be dead (or ordered *reversed*) by those who brought it to market.

We are but little speed boats in a world of super-tankers. We are nimble, we are quick, but we do NOT set the agendas, nor do those who work those agendas notice in the least should they run right over us.

LOVE THIS!!!!

 

[padutrader]

Eyes are the doorway to the soul, and there is much beauty to be found more than skin-deep. That's what is meant by "love-at-first-sight". It applies to two people looking into each other's eyes, and just knowing. Man.

oh sorry
i thought you guys were jesting with me and not serious.

yes eyes are the windows to the soul so knock on the door demand entry

 

[Steve Alexander]

Hey folks,

During the past few months, I have been studying about TA and price action trading. But I am so stuck and can not move on any further. I always have this question in my mind which I can't find a persuasive answer to it. If there is a pattern/ strategy/ edge to consistently beat the market using price action and charts then competition from other traders should make it disappear or at least make it difficult to beat the market after costs. (the edge should self-defeats).

In other words, beating the market using past price data seems too good to be true because if it is not the case then that would be very easy for everyone to do the same. It is very reasonable to believe that the massive competition should eventually make any advantage/ edge self-defeat and stop working. So, what am I missing here guys ?

Sorry for my average English. And thanks in advance

You mention it would be very easy for everyone to beat the market. It is. I have been running a strategy for the past several years that beats the market consistently. Annual return for the past 13 months was 70%. I have tweeted all my trades BEFORE I made them to prove it. The reason most people lose in the market is their psychology, not their strategy, or broker, or money management. It's harder to deal with your psychology than numbers. You my need to get a trading coach to deal with your psychology. Best one I know is A Wylan. She occasionally posts here. Her email used to be awylan@yahoo.com.

 

[destriero]

Steve/Gramps, nobody cares about your demo-trading. Desperate much?

 

[cornerstone]

Hey folks,

During the past few months, I have been studying about TA and price action trading. But I am so stuck and can not move on any further. I always have this question in my mind which I can't find a persuasive answer to it. If there is a pattern/ strategy/ edge to consistently beat the market using price action and charts then competition from other traders should make it disappear or at least make it difficult to beat the market after costs. (the edge should self-defeats).

In other words, beating the market using past price data seems too good to be true because if it is not the case then that would be very easy for everyone to do the same. It is very reasonable to believe that the massive competition should eventually make any advantage/ edge self-defeat and stop working. So, what am I missing here guys ?

Sorry for my average English. And thanks in advance

the market is a consistently changing environment, and traders need to adapt. it's like any trading place. even if you a furniture seller for example you need to reinvent your business from time to time

 

[Branos]

Don't swear at yourself. Certain periods when you do not get everything and not quite as you puzzle yourself meet everyone. It's not that scary. Maybe you're just tired and you need to take a little rest, maybe it's worth watching some new strategies or indicators. Or maybe there is just an emergency situation in the market that you would not be quite ready for. It's not scary. First of all, you're human. So take a break and keep working. Everything gonna be alright.