The chArt of Deception

Quote from ymtrader:

So what motivates the big players, I ask myself? It is to shake us little guys out of as much $$ as possible...how do they do that? Through deception.

BSEE does mean boring shit every day, the pay is good, but the work is BORING!!! As well as unfulfilling. Electrical Engineer just in case you're asking in earnest! :)
More...

for a moment I thought you had Mad Cow Disease:D

If you took every daytrader in the world, and every small investor, and put the whole lot together, they would be like a needle in a haystack:)

When I post what a $trillion looks like, you will see what it is I am talking about.

If any trader thinks that he is part of the market, in any real way, then he is living in Wonderland, and might as well put on Alices' dress:D
 
YM,

You have been educated in the following;

P=VxI

which also means

I=P/V

and also

V = P/I

Which is the most important relationship?
 
Since I design circuits for cell phones, I am most concerned about battery life, so power consumption is my main concern, p=v*i. Of course it is difficult to keep reducing the voltage and still be able to detect a 1 or a 0.
 
And yes, I totally agree, we are but small pikers in the huge vast financial markets, not even in the noise. It is our job to attach ourselves where the big/smart money is going.
 
Quote from MrCharts:

YM,

Tell us roughly where the price will go next - higher, higher still, lower, lower still, or not much change?

You can elaborate on the position where you think the price will finish in the next box that we will bring up, if you so desire?

pricehigh1.png
More...

The green are the highs, the red are the lows, the yellow are the daily open.

The last 2 boxes are legs up. I would stay with the trend and look for a 3rd leg up.

Edit: especially since the close was above a prev swing high.
 
Quote from MrCharts:

The painting has several features that will catch the eye.

What feature do you find yourself looking at mostly?

Why do you keep looking at the same feature most of the time?

Did it ever occur to you that the reason you are looking at what you look at mostly is because it is made to appeal to you on purpose?

Can you think what the artist was thinking about when he painted the picture?

Are you even looking at the right picture?

monalisav.jpg
More...


Even though this thread has move to other pictures – I will allow a view into how I think (perceive)



My “view” of the two pictures


One is older, one newer

One shows the beauty (inner and outer) of a simple woman, the other a voluptuous woman

One has brunet hair, the other blond

One is slightly faded, the other in hues

In both pictures the women have dainty fingers

In one picture all the features seem dainty, the other exaggerated

What was the artists thinking, I truly don’t know…, but in one I feel the artist was at peace doing what he loved, in the other in other – he was probably thinking how appealing his image be and how it would appeal to... the herd




What I “see”

The Mona Lisa, painted in the 16th century by Leonardo da Vinci – Value = Priceless

A replica of the Mona Lisa – Value = Worthless



As a trader - my only goal is to make money

As a trader – one of these perspective serves me well, the other is totally useless – and may vary well cost me money


Took me 5 nanoseconds to go from my “view”, to what I “see”.... and about two minutes to write these words


"Doesn’t matter what you think – only how"…. My colleague’s words are well worth repeating again....


Food for Thought

RN
 
I see a few have taken the interest, and initiative – to work out the price chart – I believe I’ll leave it alone for now so as not to taint the thought process

Kudos to you for having the heart and desire - and not being afraid to ask questions


I wish you all the success you desire


RN
 
I answered your question. I believe it will go higher. You are as obscure or perhaps as oblique in your writing as The General or Jack. You made no mandatory evaluation of boxes in your request.
 
Quote from ymtrader:

Thank you for the kind words of support RN. I, and I'm sure others, appreciate your insight and sharing.

ym
More...


You are Very Welcome Sir

Good Trading :)
 
You must log in or register to reply here.
Back
Top