Successful traders keep silent because trading is so simple...

Do you, people, think i'll try to tell you my opinion?

Tell me why the second poster in the most of the threads over the internet always replicates the first post in his\her reply ?

If i get it anytime then i may start to post my replies.. Help me, please :D

PS : Yes, all genius stuff are simple - not much to say when asked to describe it and yes - too much time paid to find it out .. hehe
 
Quote from FXTraderWill:

I just made the above scenario up. I see situations like that all the time, where a huge amount of information shows me that the price will go in one way - it's a sort of logic. Because no matter how much I tell anyone what filters I use, why I entered and exited every single trade, and even why I avoided taking certain trades... they still won't have my judgement. For me, every trade is a unique story, and the more I've seen it in the past and the more I think I know what is going on, the more convinced I am that waht I think I see is actually happening. So I can tell someone all that I know, such that he spends less time on the path to developing poor judgement... but taking anything of use from me and using it to compete for my fills is not something that concerns me.
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Another very successful trader here at ET shared these exact words with me.

We all have access to all the formulas and technical analysis tools but there's that extra inch, that extra 'it' that the successful traders have. That extra discretion is the difference between 5 figures and 7 figures. It is an extra sense. The good news is that it can be learned, thru sweat and blown up accounts. You don't have to blow up your account if you use good asset management, so, all that's left is sweat. Sitting behind a computer isn't grueling work. The key is to remain focused for as long as possible. It is very easy to get side tracked on a computer with all the audio and video clips everywhere and Myspace and Instant messaging programs. You can get more accomplished in 30 minutes by staying focused than you can in 8 hours of half ass reading.

If a reasonably smart human being had an undeniable passion to become successful in the trading arena he could come here and learn how to make a 7-figure income. The information here is that valuable. The secret is to lock one to a couple posters who know what they're talking about and read all their posts. If you don't fully understand what that poster is saying you better read it 10 times and look up any words you're questionable about.

What has helped me is reading Ken Wilber's "Kosmic Conciousness." I am exponentially increasing my abilities because of it. It is highly recommended.
 
Quote from FXTraderWill:

I have. I just shared my trading strategies to make several points about about the original topic: A) why strategy sharing is not done, B) that it can be done, and C) that even if you do give someone your trading strategy, they most likely won't be able to trade it properly or make the necessary continuous adjustments that one has to make to adapt to constantly changing market conditions. I do feel I go into more detail than I commonly see on ET, and I'm willing to answer any questions about the way I trade... thus refuting the concept of this thread: that successful traders keep silent for egotistical reasons. I'm too lazy to start a thread about my own strategies, and people would just ask me questions which if they can't figure out for themselves they have no hope to make it as a trader trading my strategies anyway.
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I was focusing on the claim of the OP that trading is simple, which I agree with. What you have been describing is not what I would consider simple methodology. That's why I suggested another thread for the direction you seemed to be taking.

Don't get me wrong. I'm not saying you are not successful with what you do. Just saying your methods are far more complex than what I perceive the OP meant to imply.

If we look at the full thread title, it seems as though you may have (at least to some extent) refuted the first half of the title, but not the second half. At any rate, good trading to you!!
 
The implication of the OP is that you can make big money in trading with "simple profitable method" type "systems" (buy when the green line goes above the red line, sell when the green line goes below the red line). In reality most successful traders don't trade using these simplistic canned "systems".
 
ROFL.....do you mean KISYD ?

....too funnyyyy...........


Quote from William Rennick:

lol:D :D :D


ps. some great posts here. The truth I have found is that if it's widely taught , or makes it's way to a book, then it doesn't work well. That my friends is the way a market works. If everybody is doing the same thing the guy on the other side will be the winner. Another thing in trading, as in life., KEEP IT SIMPLE YOU DUMBASS. I call that the KISUD method:D

Rennick Livermore out
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Quote from PohPoh:

They are called brokers...brokers or anyone who takes money from a trade creates a situation that is NOT zero-sum. People saying that the mkts are zero-sum is one of the biggest misconceptions of the market...
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I think you are confusing 0 sum with edge. 0 sum simply means with every winner there is a loser, but negative edge which is what you are describing, you can be a winner in any given trade but still come out a overall net loser. Think roulette. You vs the house, but the house is the long term winner.


Quote from PohPoh:
Arbitrage against underlyings...
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Still 0 sum. If you execute a profitable arb, someone took the other side for a guaranteed loss. I don't see where you are going with this.
 
Quote from BSAM:

I was focusing on the claim of the OP that trading is simple, which I agree with. What you have been describing is not what I would consider simple methodology. That's why I suggested another thread for the direction you seemed to be taking.

Don't get me wrong. I'm not saying you are not successful with what you do. Just saying your methods are far more complex than what I perceive the OP meant to imply.

If we look at the full thread title, it seems as though you may have (at least to some extent) refuted the first half of the title, but not the second half. At any rate, good trading to you!!
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I suppose my methadology is not simple compared to, say, moving average crossovers.. or buying breakouts and just trying to ride the trend for as long as is possible... but it doesn't get too much simpler than analyzing supply and demand patterns that continuously recur because human nature doesn't change. That's all I do, and I provided some examples... because if your system doesn't accurately analyze the present supply/demand situation and consider what will happen if a single supply or demand variable changes, how profitable can it be over the long term?

I'm familiar with a few other trading methods... I know some people who run relatively simple black boxes, some people who trade breakouts and just try to hold on as long as possible, and some trade similarly to me... all are in principle very simple... so, if my method isn't simple, can you please provide an example of a simple trading method that actually consistently extracts money from the markets? If you're paranoid about people taking your fills or undeservingly using your system without putting in the work, you can leave out a key point... but I honestly am unaware of how simple a chart-based system can be.
 
I have not read through many posts here, but I think its fair to say....

That even if a method is , in fact simple, the path to discover it is not.

Therefore, its is not a 'simple' method at all but a simple SOLUTION to a COMPLEX problem.

I'm sure many valuable patents fall into this category.

No matter how simple a solution is, it should not be given away.

Not to mention, that virtually NO winning method will survive public dissemination.

The closest thing I know is the SOES Bandit game, and that was legislated away.
 
Quote from FXTraderWill:

I suppose my methadology is not simple compared to.....
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The market is random. Would like to go into a bit more detail, but you know....
 
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