This Market Is becoming Schizophrenic

[ByLoSellHi]

Quote from yoohoo:

ByLo - now I see. You been reading/listening to the gobblygook. Read the charts and listen to your favourite music - nothing changes. Up, down, sideways - take the trades and let others fret about the why's and where it must go because of's. Get to the stage where you really don't care - just go with the flow and chill out before you burn out.

Exactly.

I need to limit my inputs.

If I can do that, I know I'd be a better trader, and a better investor.

The problem I have is determining the best and most credible inputs.

 

[piezoe]

I think it may be time for a cocktail. Antone care to join me?

 

[yoohoo]

ByLo, now is the time to develop your strategy. Keep only those very few that can consistently perform and that match your trading style. Use these to confirm you are correct in your own view and then begin the process of cutting the umbilical. The best source is your datafeed and your own decision making ability. The more voices the more opportunity for confusion.

 

[ACM Trader]

Quote from ByLoSellHi:

[/i]schiz·o·phre·ni·a (skĭt'sə-frē'nē-ə, -frĕn'ē-&#601 pronunciation
n.

1. Any of a group of psychotic disorders usually characterized by withdrawal from reality, illogical patterns of thinking, delusions, and hallucinations, and accompanied in varying degrees by other emotional, behavioral, or intellectual disturbances.

2. A situation or condition that results from the coexistence of disparate or antagonistic qualities, identities, or activities: the national schizophrenia that results from carrying out an unpopular war.[/i]

If this market is schizophrenic, then "Long live schizophrenia." My best year, so far.

 

[risktaker]

'Guess you must be a "buy the dips" bag-holder.

Quote from ACM Trader:

If this market is schizophrenic, then "Long live schizophrenia." My best year, so far.

 

[ACM Trader]

Quote from risktaker:

'Guess you must be a "buy the dips" bag-holder.

I must be !

 

[Crowbar]

Quote from optioncoach:

NO its not!










Pssst.... yes it is....

Yep. A typical post by an option trader.

 

[ByLoSellHi]

Quote from yoohoo:

ByLo, now is the time to develop your strategy. Keep only those very few that can consistently perform and that match your trading style. Use these to confirm you are correct in your own view and then begin the process of cutting the umbilical. The best source is your datafeed and your own decision making ability. The more voices the more opportunity for confusion.

Great post, and points taken, yoohoo.

I think you are exactly right. I'm trying to filter out all the background noise that ruins my ability to execute.

 

[Crowbar]

Quote from ByLoSellHi:

Catching falling knives.

Chasing kites.


These things have made me schizophrenic.

I have done well, yet, I have also been humbled by some glaring misjudgments.

But I am truly and utterly confused by the markets now. Lower dollar? Slowing growth? Good employment numbers? Bad employment numbers? The consumer is resilient? The consumer is tired? Bond rally soon? Housing market collapsing? Housing stabilizing? Energy crisis? Oil glut? Inflation hot? Deflation a possibility? Auto sales slowing? Subprime lenders in crisis? BRIC to drive global growth?


Schizophrenia.

" ...I am truly and utterly confused by the markets now."

Its BlueFreek's fault. He's the fcker thats to blame for this shit.

 

[Maverick74]

Why is it that the market is only Schizophrenic to those that are short? LOL.