What do you think are the best Predictors of Rapid Movement?
- Thread starter zghorner
- Start date
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I use them [yahoo]sometimes; investors.com also.[Investors Business Daily website.......................................................................................................................]
NOT a predictor, not insured by any federal agency/thank God.
No disrespect intended to SEC or FDIC
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I use them [yahoo]sometimes; investors.com also.[Investors Business Daily website.......................................................................................................................]
NOT a predictor, not insured by any federal agency/thank God.
No disrespect intended to SEC or FDIC
A lot of traders are just lazy. They want success to be handed to them that is why they want gurus, or paid trading subscription services, to pick the brains of other traders for ideas, etc. Now, if you already expended some effort, you probably, would know by now, what it is that would help you succeed in trading. The successful traders all have one thing in common. They put in the hard work to be where they are. And they continue to study even harder to keep ahead of the competition. I am a self-taught trader who learned everything about trading on my own. Made a lot of mistakes, lost monies too but, all the hard work has paid off now. I never gave up inspite of the numerous failures. Failures teach you what not to do. Learn from it. There are no shortcuts.
The "My Dick Is So Huge" brigade is out in full force, I see.
If you people actually had anything worth talking about, you would either
1) Take your own advice and shut the hell up about it - not a single word or even a hint - because somebody might track you down, shove an electrode up your urethra, and make you give them your money and your methods. Be glad no one takes you seriously.
OR...
2) realize - like pretty much every single trader who is any good - that you could explain your method down to damn near the smallest detail in perfect safety, because no one without your exact experience and the intuition you've built in the process of learning can copy your methods.
In fact, the sharpest people in this forum are uniformly the most generous. They may hold out a few details for a variety of reasons, but they share an enormous amount of solid trading info. It's what makes this place so useful, and garners them a great amount of respect and recognition.
(And this isn't just here; the secretive blowhard vs. the confident, open expert dynamic holds true for many, many places on the web.)
Since you're blowing a whole bunch of hot air instead of either of the above, it's pretty clear what category you're in.
I understand completely...I'm more just asking for mention of individual indicators to research for myself. So Far, RVI has been pretty interesting...i cannot believe i have never heard about it until now.
Give me a V!
Give me an I!!
Now, give me an X!!!
I love this post man.
It reminded me that in the 80's Richard Dennis (Prince of the Pit) claimed that he could publish his exact methods in the newspaper and no one would be able to successfully trade them.
I think what he is saying is that all of the information to be a successful trader is widely available for free...People only lack those core, fundamental attributes a trader must have...namely Discipline and emotional control.
Dennis actually talked about a guy that he had in the Turtle Trading program who made a bunch of money using his method - and quit anyway. When asked why, he said
"I know this method works; I just can't handle it emotionally."
If that isn't the best demonstration of this ground truth in trading... I don't know what is. Jesse Livermore makes a point of repeating it a number of times as well: "a stock operator has to fight a lot of expensive enemies within himself".
The tendency to boast without backing it up, to me, is one of the best indicators of a desperate loser. The louder they yell, the more obvious their status as a loser becomes.