Why have the markets pattern?

[ammo]

Quote from HATEtheRisk:

http://trading-u.com/blog/2009/12/four-principles-a-trader-needs-to-follow/.

Of course i am better.

rule #2 could also be titled never take yourself seriously .http://trading-u.com/blog/2009/12/four-principles-a-trader-needs-to-follow/

 

[HATEtheRisk]

Rule No. 3 = Never trust a trader.......

Here is the famous frog pattern, can you see it.

LOL

 

[SimpleTrades]

Quote from HATEtheRisk:

Rule No. 3 = Never trust a trader.......

Here is the famous frog pattern, can you see it.

LOL

Relying on the pattern is a sure way to go, "Baroke, baroke, baroke."

 

[Wide Tailz]

Quote from pattern43:

Pattern or no pattern, "Thou shall not covet thy neighbor's property [nor his margin trading account thru online trading]"

You've posted this over and over.

I'll turn this argument around: what would happen if no one traded the markets?

Is is wrong for the local plumber to covet a share of the local market? What would your town be like if there was only one?

Businesses fail because they do not function in the market at a rate greater than their consumption of resources.

Your Creator designed nature with built-in mechanisms to reward success and punish failure. Did HE not say "he who has, more will be given, yet he who has little, even what little he has will be taken away"?

 

[SteveNYC]

Quote from booked:

LOL.....What is the point of this thread? What a total waste of time.

There are patterns because all you lot do the same thing while the guys that know what they're doing do the opposite.

The majority will always do it, and so will those that really know what they're doing, hence why you have patterns. The fact that 90% of people are wrong is a pattern in itself.

Like the pattern of you posting three stupid smilies at some point in your post(usually poking their tongues out) and usually at the end of every one of your posts, no one knows why you do it, but you nearly always do.

No one knows why markets do what they do, why did it go against me? How could that happen? Yet they don't realize that they are the pattern, and their behavior on a large scale renders those patterns from which those that really make money take advantage of.

Wisdom

 

[SteveNYC]

Quote from HATEtheRisk:

@SteveNYC
@mcgene4xpro

haters will be haters

:eek: :eek: :eek:

No hate.

Just calling the shots as I see 'em.

 

[intradaybill]

Everything is a pattern. The issue is whether it is significant for the future or not.

You walk into a deli for lunch and you see a guy with the red hat buying a BLT. Outside there is a red ferrari parked. Next day you see neither the guy nor the ferrari. Two days after you see the guy inside the deli. Can you assume that the ferrari is also parked outside? Probably not. But if you see the same guy 25 times and each time the ferrari is parked outside and it is also never there when the guy is not there, then is it safe to assume the next time you see the guy that the ferrari will be there? Probably it is safe. Of course, he may go without the ferrari but on the average the car will be there. So you lose some but win many more after that. This is the idea. of course, he may change car after a while. It is up to you to decide when the pattern is not working any longer.

 

[d08]

Quote from pattern43:

Pattern or no pattern, "Thou shall not covet thy neighbor's property [nor his margin trading account thru online trading]"

Referring to your name, I choose "no pattern".