Why does TA not work (for you)?

[marketsurfer]

Quote from logic_man:

Yeah, the nickname for "price drivers" should be "cotton candy", since it seems about as substantive.

If killer entries don't help you, that's cool. Don't read the surf journal.

surf surf

 

[logic_man]

Quote from marketsurfer:

Jah, the exits are subjective.

surf

Physician, heal thyself.

There is no reason for an exit to be subjective.

 

[marketsurfer]

Quote from logic_man:

Physician, heal thyself.

There is no reason for an exit to be subjective.

exits are based on individual goals, capital and risk tolerance. they are by definition subjective to each person's situation.

surf surf

 

[logic_man]

Quote from marketsurfer:

If killer entries don't help you, that's cool. Don't read the surf journal.

surf surf

I've got my own "killer entries".

 

[cdcaveman]

Looks like someone was notching off their losses then turned it into a sketch up for a scarey movie

 

[traderchi128]

Quote from marketsurfer:

Nah, I love the markets and trading. So. I do my best to improve things and help fellow traders advance.

We invest in working, proven edges that are far greater than we could ever develop in house. Not to mention not having the infrastructure and redundancy to interest those with the capital to invest. Direct management of OPM has no interest for me---indirect--its what i do. surf surf

How can someone who can't successfully trade help another trader advance?

Direct management of OPM is not for you, because you have about .0000001% chance of that happening. Kind of a cop out Surf.

On a side note I have zero interest in dating Bar Rafaeli.

 

[logic_man]

Quote from marketsurfer:

exits are based on individual goals, capital and risk tolerance. they are by definition subjective to each person's situation.

Well, in your world they may be subjective. In my world, they are objective.

You have to approach exiting trades as if you are a "strong hand" and can hold through both time and retracements until the moment when the likelihood of the failure to continue outweighs the likelihood of continuation.

Subjective exits are for "weak hands".

 

[traderchi128]

Quote from marketsurfer:

If killer entries don't help you, that's cool. Don't read the surf journal.

surf surf

Killer like "about to get killed entering a trade at this level"

 

[marketsurfer]

Quote from logic_man:

Well, in your world they may be subjective. In my world, they are objective.

You have to approach exiting trades as if you are a "strong hand" and can hold through both time and retracements until the moment when the likelihood of the failure to continue outweighs the likelihood of continuation.

Subjective exits are for "weak hands".

That sure sounds subjective to me. Surf surf

 

[cdcaveman]

You guys are the best support group ever! Haha