Trading is easy, very easy, damn easy

Quote from MandelbrotSet:

The line was amusing on its own merit ... no harm intended. :)
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Fair enough

Btw

If I ever post bullshit, a lie, or come off holier than thou


You are the first one I would expect to bust my ass – straight up – and I would fully deserve it…



I just don’t want to infringe on MC’s thread… I respect what he’s trying to do here… and I’m trying to help out where I can


RN
 
Quote from MandelbrotSet:

Part of the answer is that all the fractals 5/15/60 minute will lineup.

Another part of the answer is you (not you personally, you as in "you the trader") begin to see similar partterns repeated over-and-over again, and learn to act on those observations.

Some traders see this in "volume", others see it in "price action", still others see it in the lining-up of other tools they use to trade (VIX, TRIN, Bankers, etc.).
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Got it - I use some of that and some other stuff too

BUT - we must never lose sight of the law of independent tests

(every moment in the mkt is unique)

I'm just to the point - I trade it - and lose / win - move on

eta - stated another way - I trust myself completely

RN
 
Quote from MandelbrotSet:

Part of the answer is that all the fractals 5/15/60 minute will lineup.

Another part of the answer is you (not you personally, you as in "you the trader") begin to see similar partterns repeated over-and-over again, and learn to act on those observations.

Some traders see this in "volume", others see it in "price action", still others see it in the lining-up of other tools they use to trade (VIX, TRIN, Bankers, etc.).
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Other than the specific chart increments, the "other tools" and you use fractals and I use fractionals, this is exactly how I have traded for over 15 years.
 
Quote from ProfLogic:

Other than the specific chart increments, the "other tools" and you use fractals and I use fractionals, this is exactly how I have traded for over 15 years.
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Is there some point in you quoting my post, besides your obsessive trolling around behind me on ET? :confused:

No, I didn't think so. :p

P.S.
Quote from Tradesall:

Edited for accuracy
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LOL, +5 :D :D :D :D :D
 
Quote from MandelbrotSet:

Is there some point in you quoting my post, besides your obsessive trolling around behind me on ET? :confused:

No, I didn't think so. :p
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First, I've been watching this thread for almost a week. Personally I like to read the posts here on ET better than watching the "talking heads" on the idiot box. They are more entertaining at times and sometimes more intelligent if you filter through the flames and snide remarks.

Second, do not flatter yourself that anyone thinks your posts are worth trolling for. Your posts are all comments, none are contributions. You've stated yourself that this forum's only value is to blow off steam and take out your personal frustration so your comments are treated accordingly. It is simply a shame that you choose not to contribute something positive. Probably a good reason for that.

Third, I made my comment on your post because it was amazing that what you stated is the foundation of how I trade, with the noted exceptions, yet you find such pleasure in spewing your venom changing a person's posts or taking comments out of context because you and your minions think it's funny to try to aggravate posters with your sophomoric acts. To each their own.

The truly funny part was that I made the initial comment, not to start an argument. It wasn't a snide remark. It wasn't a flame, it was just a statement. As usual we see where you have already begun to take it.

I won't take this thread off topic like you already have so I will move on till you troll for another thread I've made a comment in so you can try to start another flame war.

My apologies MrCharts for the momentary disruption.
 
Quote from MrCharts:

BPtrader has a very good thread going on trading in relation to how hard it is to learn and become profitable.

This thread is not to refute what BPtrader has said, but to challenge it, as anything of value must be challenged to verify its effectiveness.

With that, I say that trading can be very easy for those who accept it as a possible fact.

Of course, accepting a possible fact is but one step in the right direction and what the trader decides to actually do next will make the difference, or determine the outcome.

Will the fact become a reality for you, or like many of us have you decided to take the road that is traveled by many?
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the rulz of poker is easy too

it's putting it in action that's a real bitch :)
 
Quote from MrCharts:

I looked at your link, but did not read all the post as a scan was sufficient, and I am not being rude.

Some good advice will now be offered, what you do with it is entirely up to you.

Lose you ma's and what ever other "standard ta" indicators you use, they are nothing only distractions and when you have made and lost a good bit of money (which should not happen to you is you start to think correctly) you will see that what I speak is the truth.

The limited number of effective ways to trade does not include the standard textbook TA.

If this was the way to make money trading, then why do so many lose it to the few who take most of it?

It is not your fault, and I was once like you, even 10 times worse I would say, but after meeting with some strange people, some who have posted here, I will tell you truthfully that most of it is just pure and utter rubbish.

I will point the flashlight in the right direction, if one chooses to follow the light and see what is beyond in the darkness, they might be pleasantly surprised after a while.
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Mr Charts, your writing reminds me a lot of Nysestocks. Especially the part about meeting with some strange people.
 
Quote from DrEvil:

Mr Charts, your writing reminds me a lot of Nysestocks. Especially the part about meeting with some strange people.
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That matter has already been cleared. up DrEvil, I am a member of TFF which includes NY, TG and a few more, but that is really irrelevant.

To generalize the last comments until I get some time to reply.

This thread is open to anyone who wants to post anything about trading, no matter how silly it may seem.

We all know that there are many ways to interpret information prior to making a decision, but as with everything in life, some ways are better and easier than others.

The purpose in helping someone is to allow them to see that fact, and then start thinking how they might use this information for their own good.

It will not be easy for most, as it was not easy for me, like many others, but why be like the majority and go thru all the time wasting and rubbish when there is no need, at all.

What I say is irrelevant, what I do is very relevant as actions are all that matter in life.

The astute trader will realize that before he/she acts, they must first understand the possible outcome of their actions, to the best of their ability, and that by this process they will go thru the required experiences much quicker than most do.

Trading is only easy if you let it be easy, if you are not winning much then you need to know why, and then change your actions until you start seeing some results.

Note that I have not mentioned much about setups and indicators, for they are not really that important in the context of the whole trading plan, but they do of course make up a part of the time when to act, but not the how to act, which is the main component to successful trading.

Just mho of course!
 
Quote from Redneck trader:

Lacking context…. Lacking everything….. hmmmmm now let me think…..

So if I follow – these trades had no context / no framework/ no box…., nothing which would provide a good foundation (way) to define, quantify, and identify - what we were doing, when we should do it, why we should do it…. or even if what we were doing - was the right thing to do to begin with – I see


And like all good craftsmen / craftswomen, who use frameworks/ boxes to build – umm ….anything…

I believe traders must also have a framework/ box in which to build a trade around – interesting….


But to build a framework / box – one must have tools – no???


So should I use – oh I don’t know.. let’s say – MACD, Stochastics, RSI, Elliott Wave, Fibonacci, Bollinger Bands, chart patterns, MA's, etc, etc, etc, etc – to build this box?


I suppose I could… but if in fact I used these – then wouldn’t I already be in a box (thinking wise)….

Because as most everyone else already uses these – and if I did what everyone else does – why then should I really expect anything different than what they’re already getting – Hmmmm…

I believe that is how some define insanity too – curious

And as I do so wish to be one of TFF – I can’t really rely on the many's way of thinking now…. Can I..



On the other hand if I wanted to build a proper box…, then first mustn’t I step out of the box (thinking wise) – objectively look at what I’m trying to identify, quantify, define… then build a box to that specification… why I do believe so


My – my how all this thinking has exhausted my one brain cell…..


So I’ll shut up for now (as it is the only time my ears and mind are truly open..., and I can relax my one brain cell) and ask someone to assist in helping me think this through – please



Btw MC – What is your thinking about my thinking Sir?

(Aside – One time one of my kid’s baseball coaches stated “Baseball is a thinking man’s game” – I’ve expanded that saying to include life… and trading - obviously…..) :p


Regards

RN
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You know exactly how I think RN, as some others do as well.

99.99999% of what is put out there is pure and utter rubbish.

Mentors, prop firms, leverage of 400:1, advanced screening programmes, black boxes, etc, etc, etc - they are all done for one purpose and one purpose only, and that is to satisfy a market demand, like most products that sell.

Trading is as simple as ABC, or 123, if a trader will just give it the time to be so, instead of trying to copy what others do.

There was never a more true saying than,

"If only I knew then what I know know"

So, what most people don't know is that you can "know now before you knew then", if you get the drift?

I would really enjoy to see a newbie start of with no past experience of trading whatsoever, just follow some very simple basic Laws (rules), and see what he/she can actually do if the consciously decide to not care about what others do.

I know, for a fact, that any person who will do this, will make money trading, and how much they will eventually make will depend on how serious they are about what they do, and how practical they are about the situations they find themselves in.

Not too many will do this, actually, I would even go as far as saying, not even one person in 1 trillion, and I will show you later on, just for amusement, how big 1 trillion $ is:)
 
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