Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
I still don't know why this thread isn't in Chit-Chat.
:/
:/
Quote from mindtrade:
I have read this thread three times probably. Still no idea what the "obvious" is... I don't think there is an obvious as there is just too many factors but I also know I don't know much about anything, so I could be very wrong
I also read most of NYSE's posts and he made a few good predictions that panned out almost perfect.
The OP is just f^cking with people. There is something obvious, but it's certainly not intimated in this thread (I read half).
I am reminded of a passage I just read in "Mind Over Market". Not to say, Redneck, that your situation and the situation described in the book are the same...
To summarize the passage below:
The open drive indicated an upward trend - or so it seemed. If only one had realized the market had opened accepting the previous day's value area. This condition suggests limited upward movement. Applying BLASH here would be untimely because the opportunity to Sell High would not come.
FROM "Mind Over Market" BY DALTON, DALTON, AND JONES:
I do not mean to aim the thread at you, Redneck. Rather, I wish to point out to the general audience that...
Any strategy needs proper context to be effective.
I am a newbie, but as I read this thread, many traders seem to chase the "ever-better indicator" or the "ever-better strategy". Instead, these traders may simply not be applying the proven strategies correctly.
-Sparrow
Quote from mindtrade:
I have read this thread three times probably. Still no idea what the "obvious" is... I don't think there is an obvious as there is just too many factors but I also know I don't know much about anything, so I could be very wrong
I also read most of NYSE's posts and he made a few good predictions that panned out almost perfect.
What is obvious to me is that the vast majority here are "baffled by the bullshit". There is so much crap spinning around in their heads that they never have time to stop and think rationally about what is required. Trading when broken down into it's individual components is actually very simple. The other aspect is how so many treat their money with the same respect as drunken sailors in a whorehouse, and then bleat when they are the ones that get screwed. I was on a recent flight where I saw a doco about a trader for a large fund who was attempting to trade his way around the world, in the beginning he was confident, he got fleeced on virtually every deal, his knowledge of the markets being negotiated was inferior to his counterparties experience. Come in spinner!
Mindtrade, if you truly realize that you don't know much about anything, then you are streets ahead of the vast majority here on E.T.
Regards
Johno
read first 10 pages.. was there anything at all useful said after 180...
Well said JO
To clarify, NY, TG, MrC and now TE, are all students of one who will probably never post on any site.
Many here think that NY=TG=MrC=TE, but most think incorrectly
NY is a very good trader, TG is nearly as good, Mr C still has some problems that he is currently addressing, and TE, well, the name speaks for itself
As for the remaining trader, well, lets just say that he knows MUCH more than the other 4 all put together:eek:
I have been asked to re-start this thread, so that I will now do, as it is very important in relation to making GOOD money when trading.
So, let us try to solve the riddle of trading profits again, for life is full of riddles, and solving them is what produces results
1. What is the main theme in all of the posts by TFF group
2. Why is it necessary to fully understand the theme
3. Why do so many fail in understanding the theme
4. What can one do to help them understand the theme
5. How will one know when they really understand the theme
TE