Why Is The Obvious Not So Obvious?

[achilles28]

Quote from Mysteron:



Very funny.

A simple approach to trading/gambling is the answer to your question, free from TA.

Perhaps you would like to comment on the chart that TO posted or alternatively post a chart of another instrument with your own annotations and analysis?

Coin flip entries with tight stops is inferior trading, and most likely, a net loser after spread, commissions and slippage are factored in. By all means, prove me wrong and post live calls. Or is this another paper fantasy that's never been traded with real money? I already gave away some handouts a few pages back. Far more than your god has done. As far as the chart TO posted, its the same as the other one with horizontals drawn on it. Ask your god to post live calls. He talks a lot of shit, and even with that horizontal strat, there's losses.

 

[Mysteron]

Quote from achilles28:

Coin flip entries with tight stops is inferior trading, and most likely, a net loser after spread, commissions and slippage are factored in. By all means, prove me wrong and post live calls. Or is this another paper fantasy that's never been traded with real money? I already gave away some handouts a few pages back. Far more than your god has done. As far as the chart TO posted, its the same as the other one with horizontals drawn on it. Ask your god to post live calls. He talks a lot of shit, and even with that horizontal strat, there's losses.

Which post is suggesting that coin flip entries are to be used?

 

[Jestersofmalice]

Quote from Jestersofmalice:

So, the_Oracle (the_expert),
We going to 1360 next on the S&P?? (currently 1330)

where do I collect my prize???

 

[achilles28]

Quote from Mysteron:

Which post is suggesting that coin flip entries are to be used?

Trading isn't gambling. Gambling infers random outcomes. Trading is more like card counting, if you know what you're doing.

 

[mekanikal]

Stopped out @ 54.6

Wanted to short @55.5 but waiting to see as I want to take baby steps.

Looks like it will drop (55.2 -> 53.8 -> 53.6) - or maybe not

Risked 0.25 and ended up making 0.5.

Learning...

 

[mekanikal]

Quote from achilles28:

Trading isn't gambling. Gambling infers random outcomes. Trading is more like card counting, if you know what you're doing.

Each of your sentence is a contradiction to the previous one.
Go figure

 

[Mysteron]

Quote from achilles28:

Trading isn't gambling. Gambling infers random outcomes. Trading is more like card counting, if you know what you're doing.

If you believe that trading isn't gambling then you are deceiving yourself and I don't wish to waste time trying to convince you otherwise

 

[The Oracle]

well ML..nice to see you mentioned the SP 500 index..it is worth charting as well as the ES

firstly..we need to tell the shit head to get lost..as he is beginning to be a bit of a bore..so..A28..fuk off somewhere else and stop trying to annoy people here..if u keep it up a request will be put in to have you banned from this site for being a shithead..this is your one and only warning..OK

now..some things for pondering on

1..the most important chart is the one you are trading off..and we will ignore swing trading for this discussion and just stick to daytrading..past S&R levels are POTENTIAL areas that price may react to..for OBVIOUS reasons ..but far more important is what your current trading chart is actually doing

2..this chart will more than likely be a 5 min, 1 min or tick..of course you can have any type of chart and time selection you desire..but unless it is easy to see and react to changes in price..then it is just time wasting..which can happen very easily due to the endless load of rubbish that is written about trading

again..OBVIOUS..the lower the time frame..the more ups and downs you will have to decipher

we will post a 5 min chart of the ES

3..the more things you look at..the more confused you will be..and if you are not reacting fast enough..then change your setup immediately..until you are able to react fast enough to what is happening

4..now..the MOST IMPORTANT one..and..before i type it..let's see who comes up with it first

hint..hint

5 words

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we might need to call RN..for he likes these types of posts

TO

 

[The Oracle]

Quote from mekanikal:

Thanks TO for the encouraging words!

It's hard to go back to sleep once awake or rather hard for magicians to cast spell on you once you learn how to break it

My goal is to identify low risk/high probabilities setup and knowing that price can go either way either take a small stop loss or wiggle out of profit big or small

A28 is probably going through REM or maybe he discovered HFT :eek:

Is your better grid playing index future options? Like sep ES.

balls of steel

 

[Jestersofmalice]

Quote from Jestersofmalice:

So, the_Oracle (the_expert),
We going to 1360 next on the S&P?? (currently 1330)

Quote from Jestersofmalice:

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Quote from Jestersofmalice:

Just hit 1360. where do I collect my prize???