Why Do We Trade? For Real.

[smallStops]

I don't really care how anyone else trades. BUT when its continuously preached as a dogma by the false profits on the internet-- I believe it needs to be destroyed as it is literally harmful material.

surf

The thing is people need to start somewhere.
And, as every approach actually works - in the right hands ( important)- it is to
the person to make it work for oneself.
If they can discuss with someone trading a certain way, then may be, the discussion
will allow the person to understand how to make it work quicker.

 

[dbphoenix]

Momentum is the only thing that works, ie jumping in when the markets got a pretty firm direction and riding the momentum.

Which is what TA is.

 

[dbphoenix]

Whoa, I thought I was the oldest guy on here. No wonder your beliefs are so set in stone----

And no wonder yours betray so much ignorance.

 

[marketsurfer]

And no wonder yours betray so much ignorance.

My logic is impeccable, therefore you must attack the messeger. How trite.

 

[dbphoenix]

My logic is impeccable, therefore you must attack the messeger. How trite.

There is nothing logical about your argument, partly because you are unable to define your terms properly and partly because it's anecdotal. And there is the entire cognitive bias issue. No need to go there.

 

[marketsurfer]

There is nothing logical about your argument, partly because you are unable to define your terms properly and partly because it's anecdotal. And there is the entire cognitive bias issue. No need to go there.

LOL. You defined your issue to the T. 100% of your evidence is anecdotal. Time for me to get back to work.

 

[dbphoenix]

LOL. You defined your issue to the T. 100% of your evidence is anecdotal. Time for me to get back to work.

So it's down to Am Not, Are Too? Not surprised you're quitting the field.

 

[VPhantom]

This thread was really neat, initially...

 

[dbphoenix]

This thread was really neat, initially...

"Live and let live" is not in MS' vocabulary.

 

[marketsurfer]

This thread was really neat, initially...

it's still a great thread. I have seen the damage done by the naive yet very seductive "sellers of the dream" Its not a pretty sight. When I see obvious nonsense, i call it out and try to explain why it isn't reality. Heck, even Cornix was nearly seduced by marketing for god's sake! imagine the damage had it been a "mentor" who befriended him first OR if he didn't posess the reasoning ability to see the folly before too much was lost. These gurus only exist on the internet (price action)--- the real world fails to show any evidence. surf