Why Is The Obvious Not So Obvious?

[J_Smith]

This thread has now become a perfect illustration of why the "obvious" keep remaining "not so obvious". By spending the time to read this thread from cover to cover, it should become very obvious!

I'll attempt to be short: People have different goals, experiences, skills, and most importantly: different levels of awareness. So what is obvious to one, may be totally obscured for most, until made aware of each and every single idea - either by second-hand lecture and/or own direct experience.

Historic records show us time and time again, that many people remain trapped in their comfortable assumptions and belief-systems, often entire lifetimes! This, compared to some people who do not. Breaking out of the mold, they may find various degrees of success and failures due to it.

Society however, rarely acknowledges and rewards such "special" people. Instead seeking to control new ideas that might threaten any status quo. People that agree with the current assumptions, who never raise uncomfortable questions and dilligently keep in line, are rewarded, by not being punished or ridiculed. Indeed, they serve to keep society stable, so are quite valuable workhorses.

As a society, we tend to glorify and deify geniouses, all the while also persecuting and suppressing us.

It's as with everything else really interesting in life: chaotic systems seeking equilibrium

Why did a moderator have to edit your post?

J_S

 

[Pelt]

Risk small TO - regardless the bet size



RN

I've seen this eluded to before and have given it much thought.

But apparently there are places to enter that are just inherently less risky than others for some reason.

 

[J_Smith]

It appears so, in fact, it appears that it appears more than just once, which means it is not just a coincidence!

J_S

 

[Redneck]

I've seen this eluded to before and have given it much thought.

But apparently there are places to enter that are just inherently less risky than others for some reason.

Less risky from the standpoint

Price has to move less distance to invalidate the signal (iow to where the trade breaks down)

It clearer when/ where a given trade has broken down

============

Each outcome is in fact uncertain..., and we never know - Period


We must make the cost of finding out on each trade..., as low (little) as possible - but..., and - the stop must placed be where that given signal breaks down

Otherwise we're pissin away money needlessly


RN

 

[J_Smith]

What could be missing from this chart to show that 1888.25 is the one to watch?

Why not 1889.75?

J_S

 

[J_Smith]

Only a fool tries to predict market direction, but you should at least know the important levels, so that when price approaches, you are prepared for what might happen!

J_S

 

[J_Smith]

Here is another chart, if it helps you I don't know, but something is missing from both charts to show that 1888.25 is the one to watch!

J_S

 

[J_Smith]

Now 1880.50 is the one to watch

 

[J_Smith]

Let's see what happens?

 

[J_Smith]

I am certain a few know the answer to what I asked, but also know that it is only a guide, and what matters most is what actually happens when it approaches the important levels.

Do you buy or sell at these levels, well, I think the answer to that is obvious!

J_S