TRADING IS SIMPLE ... (TheRumpledOne)

Quote from TheRumpledOne:


WHY ISN'T EVERYBODY DOING IT?

Most of you know I catch a lot of flak on my forums because SOME PEOPLE don't like the way I post.

One worn out argument that is used repeatedly is, "If this is so (simple, great, profitable, ), then why isn't everybody doing it?"

Simple answer is because SOYLENT GREEN is people!

We all know exercise is great, but how many actually exercise?

We all know smoking is bad, but how many do it anyway?

We all know which foods are bad for our health, but how many eat those foods?

We all know that we should save for our future and spend less than we earn but who does that?

The list is almost endless.

As long as there are people, there will always be some STUPID people and some smart people making STUPID decisions, where STUPID is defined as knowing better but acting otherwise.

Meanwhile, the RATS are still beating the Yale students.
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Reminds me of a book - written by the late Brian Klemmer "If How-to's Were Enough, We Would All Be Skinny, Rich and Happy"

Its not the knowing - it is the intention of the result. Do you intend to be successful or....

This could be interesting.
 
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1) Price within 20 pips of the CURRENT daily low (ClLo < 20): This is OPPORTUNITY

============================================

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
 
Quote from DblArrow:

Reminds me of a book - written by the late Brian Klemmer "If How-to's Were Enough, We Would All Be Skinny, Rich and Happy"

Its not the knowing - it is the intention of the result. Do you intend to be successful or....

This could be interesting.
More...

I will have to check that book out.

Thanks for posting.
 
Quote from TheRumpledOne:

s16c12.gif



1) Price within 20 pips of the CURRENT daily low (ClLo < 20): This is OPPORTUNITY

============================================

PLEASE DO NOT PM ME WITH QUESTIONS ABOUT TRADING, INDICATORS, CODING, ETC... Post your questions in the forum. Thank you.
More...

This is where ET goes wrong.

Allowing wacko's to promote themselves. None of what this guy has been spouting for YEARS is worth anything wthout some sort of organization of the data, he should be accountable.

I would ban him if I ran things around here, posting after posting

The rat theory is out the window, just go back a few posts, he CAN NOT and WILL NOT answer statistical questions, profits, metrics, pitiful
 
Quote from MBC:

This is where ET goes wrong.

Allowing waco's to promote themselves. None of what this guy has been spouting for YEARS is worth anything wthout some sort of organization of the data, he should be accountable.

I would ban him if I ran things around here, posting after posting

The rat theory is out the window, just go back a few posts, he CAN NOT and WILL NOT answer statistical questions, profits, metrics, pitiful
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“I am not forcing you to accept my concepts. I only request the traders to review the market from time to time keeping in mind my concepts and if found suitable use in the trades or just ignore. Thanks for your opinion.”
 
Quote from MBC:

This is where ET goes wrong.

Allowing waco's to promote themselves. None of what this guy has been spouting for YEARS is worth anything wthout some sort of organization of the data, he should be accountable.

I would ban him if I ran things around here, posting after posting

The rat theory is out the window, just go back a few posts, he CAN NOT and WILL NOT answer statistical questions, profits, metrics, pitiful
More...

MBC, it's common sense. He has to have separate income sources because he can't make enough in trading. He caters to the desperates (underfunded, young, wannabe trader 20 somethings) hanging out in the Forex market. He had 80+ hanging out in a free Paltalk room 2 years ago and, as they lost their milk money, their numbers imploded.

It's probably a sad story. An older programmer loses his job then has age bias preventing any re-hire, gets into trading, can't make it, so uses the programming ability to create "donation-ware" and get into the broker introduction biz, leading lambs to the...well, you know. The videos this year are only confirming things. New angle is to get a youtube following to get advert cash.

Do I think his pitch is legit? C'mon... "Your stop loss is skill"... "Get what you can get". This is Occam's Razor 101 stuff.

Somebody out there...please...give this guy a 40K entry level full-time programming job, screen-scraping web pages or something...dozens of Forex forum moderators will forever be in your debt.
 
Quote from SteveH:

MBC, it's common sense. He has to have separate income sources because he can't make enough in trading. He caters to the desperates (underfunded, young, wannabe trader 20 somethings) hanging out in the Forex market. He had 80+ hanging out in a free Paltalk room 2 years ago and, as they lost their milk money, their numbers imploded.

It's probably a sad story. An older programmer loses his job then has age bias preventing any re-hire, gets into trading, can't make it, so uses the programming ability to create "donation-ware" and get into the broker introduction biz, leading lambs to the...well, you know. The videos this year are only confirming things. New angle is to get a youtube following to get advert cash.

Do I think his pitch is legit? C'mon... "Your stop loss is skill"... "Get what you can get". This is Occam's Razor 101 stuff.

Somebody out there...please...give this guy a 40K entry level full-time programming job, screen-scraping web pages or something...dozens of Forex forum moderators will forever be in your debt.
More...

“I am not forcing you to accept my concepts. I only request the traders to review the market from time to time keeping in mind my concepts and if found suitable use in the trades or just ignore. Thanks for your opinion.”
 
Even though video and concepts are brilliant, there are a couple of errors-- one is that price can and does move sideways. The second is that trading is educated guessing, not just plain guessing.
 
Quote from SteveH:

MBC, it's common sense. He has to have separate income sources because he can't make enough in trading. He caters to the desperates (underfunded, young, wannabe trader 20 somethings) hanging out in the Forex market. He had 80+ hanging out in a free Paltalk room 2 years ago and, as they lost their milk money, their numbers imploded.

It's probably a sad story. An older programmer loses his job then has age bias preventing any re-hire, gets into trading, can't make it, so uses the programming ability to create "donation-ware" and get into the broker introduction biz, leading lambs to the...well, you know. The videos this year are only confirming things. New angle is to get a youtube following to get advert cash.

Do I think his pitch is legit? C'mon... "Your stop loss is skill"... "Get what you can get". This is Occam's Razor 101 stuff.

Somebody out there...please...give this guy a 40K entry level full-time programming job, screen-scraping web pages or something...dozens of Forex forum moderators will forever be in your debt.
More...

Very good post. That would explain the lack of any suggestion of success. Just throwing out bait. Well, everyone has to pay their bills one way or another. !

I assume TRO is very wealthy and is only offering his concepts as a token of good will to the trading neophytes, and not for any type of backdoor income. If he wanted income, he would just start showing the great results of his concepts, you know, the usual stuff. Actual trade charts, end of day trades from platform, etc. Since he chooses not do to this I therefore assume he is just a very generous person. We need more of his caliber on ET.
 
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