Why Is The Obvious Not So Obvious?

Quote from Boib:

NYSE:

Re your bird video.

The bird is doing what all birds do. It's trying to survive. There is no reason for it, thats what birds do.

To try and figure out why a bird is doing what it's doing is like asking why the market does what it does. It just does.

I think the main question was;

what was "the reason" why the bird did not fly away when I approached it, and why was my other little seasonal visitor so upset?
 
Quote from wcmckee87:

So i'm a college student doing my thesis on a comprehensive day trading plan and strategy and found this forum looking for research. I stumbled upon this thread last night and originally thought it was a foolish game of philosophical cat and mouse stated by either a homeless nut case or a way too old matrix fan who lives in his moms basement ( no offense NYSE). But for some unexplainable reason i kept reading, so much in fact that i stayed up all night and stoped my research to read through the entire thing. As I began to wrap my head around it I slowly gained respect for what was being done here and now after pondering this all night long and thinking about it today during the holiday festivities (ha)I feel this is the most "valuable"collection of trading ideas I have ever seen.
I certainly see the skepticism of NYSE's statements and purpose, but at a most basically level even if this is a wild goose chase, which for the record I personally do not, I feel the value of this as mental exercise alone is great and I am very grateful for the intellectual transaction spawned from NYSE and members. Although statistically speaking however, if most traders fail, and most traders follow techniques denounced by NYSE, then he is "right" however one chooses to quantify that.
Ok now that I'm done with the ass kissing I'm going to try and win the golden ticket..

- You were more serious than you came off when alluding to the notion of automating an opposite trade order when a order is placed

- Since most traders fail then the "idea" of trading is a failed idea, granted there are infinite variations of strategies in which some trend towards the anomaly of success, the general parameters of trading (historical price movements) is a failed system.

- Here's the kicker, maybe, you said most of the time buy low sell high, which could be interpreted as if prices are low people are selling and if prices are high people are buying, meaning buy when people sell and sell when people buy. Would you dare insinuate that the holiest of holies is to always do the opposite of the market? Now that's just to obvious! :)

Ah, a future SQ3R trader:D

Good on you W87, at least you have the balls to say what you think:D

As for a thesis on daytrading, etc, just remember that it is gambling and you will sail thru it.

Most traders fail for a very simple reason - and that is, they are too damn lazy to do what is required, instead they look for the "easy" path, which is usually the most trodden:eek:

To reach the temple of the Oracle, you must be prepared to take the "difficult" path, no matter what pain it may bring - as real joy can only be known by comparing it to real pain!

You have all you need for a Master Thesis - when you outline your document, draw it in flowchart format, that way you will see things that otherwise may elude you:eek:

Happy thinking:D

BTW W87 - imagine if you produced a thesis that actually had real value for trading, now that would be a first, and you would get offered more jobs trading than you would ever dream of:D
 
Quote from Redneck trader:

And a good one RM


Here’s what I see


Two people on the sidelines observing

One person about to kill a fish, one fish about to be killed

One person searching, while another fish hides



NY - If get a chance look at my post on page 126 and tell me if I need to start over please

RN

RN, you cease to amaze me:D

One person about to kill a fish, one fish about to be killed

The girl is eating the ice cream, and the cold sensation pierces her delicate mouth, and, the cold steel of the spear is pierced into the helpless body of the fish, while, a blinding yellow light appears and shines in the fishes' eye as it is just about to die!

Joy and misery are always close at hand!

I am no art collector - but I do like to keep my eyes and ears open:D

RN, you are starting to worry me, I hope you are not becoming "strange":D
 
Quote from Redneck trader:

As with all things RM - We see what we see



Food for Thought


Having an open mind is essential in trading – been stated here multiple times

However – To have a flexible mind – I believe – is an ultimate skill


Here are two examples (of the many I could chose)

A trader’s mind must be rigid with regard to protecting capital

A trader’s mind must be flexible with regard to market direction and whether it appropriate go long or short on any given trade


Another belief I hold is a person can only think of one thing at a time….

(Try thinking of an orange and an elephant at the same time – I can’t do it and I’ve been trying to figure out how for the last 10 years)


In the same manor – I do not believe a person can have a mindset that is both rigid and flexible at the same time


So we must develop the skill of instantly switching back and forth between rigid and flexible – without missing a beat

Like the wind:D

But we better watch out for the Red Baron, as he is an ACE:D

I will look up page 126 and reply - jeeez, I am starting to forget what I was doing, but that can be a good trait to have:D
 
Quote from Redneck trader:

People get on, when and only when, they;

_ _ _ t
want

_ _
to

_ _ _ h
each

_ _ _ e
make

_ _ _ _ _ d
inward

_ _ _ _ _ e
change

Door #1 Sir

Nope!

You can drop the _ _ if you like, as the words will say the same thing!

Think of the bird video for a very good clue:D

BTW RN, the answer to this is also the answer to the 1 out of 6!

YOU will see why when the words are revealed!

OK, I am going to look at ANF options, as we must not forget that in order to lose some money we must "actually" trade:D
 
I think the main question was;

what was "the reason" why the bird did not fly away when I approached it, and why was my other little seasonal visitor so upset?
[/QUOTE]

Quote from nysestocks:



I will post a link to a short video - when you watch the video you must reply with a post as to what you "think" is going on.

The answers will vary for those who will partake, but there is really only "one" answer that is correct, and I will then explain later on why the "one" answer is correct.

If you "stop and think" you might get it, but it is hard enough to get, so if no one gets it, it will not be unusual!

I didn’t notice any reference to “the reason”

But does "the reason" matter?

The bird does not reason any more than the market does. What the bird perceives may vary from day to day. Tomorrow you may not be able to get as close as you did or the bird may fly down and land on your hand. Either way you won’t know the reason, only what you perceive the reason to be.
 
Quote from Boib:

I think the main question was;

what was "the reason" why the bird did not fly away when I approached it, and why was my other little seasonal visitor so upset?




I didn’t notice any reference to “the reason”

But does "the reason" matter?

The bird does not reason any more than the market does. What the bird perceives may vary from day to day. Tomorrow you may not be able to get as close as you did or the bird may fly down and land on your hand. Either way you won’t know the reason, only what you perceive the reason to be.
[/QUOTE]

"the reason" followed in subsequent posts.

the point is, what was the "reason" why it did what it did then, it bugged me, so i had to find out, and i did!
 
Quote from nysestocks:

the point is, what was the "reason" why it did what it did then, it bugged me, so i had to find out, and i did!

Did the bird have a hurt / wounded wing by chance
 
Quote from nysestocks:

Did you come up with this yourself TH, or did you plagiarize:D

I never plagiarize. - You don't know that?
But it seems at least the 'master' agrees with ol' Tommy:


"The 'refined,' the 'rich,' the professional 'do-nothing,' the distiller of quintessence desire only the peculiar and sensational, the eccentric, the scandalous in today's art.

And I, myself, since the advent of cubism have fed these fellows what they wanted and satisfied these critics with all the ridiculous ideas that have passed through my head.
The less they understood, the more they admired me!

Today, as you know, I am celebrated, I am rich. But when I am alone, I do not have the effrontery to consider myself an artist
at all, not in the grand meaning of the word.
I am only a public clown, a mountebank. I have understood my time and exploited the imbecility, the vanity, the greed of my
contemporaries. It is a bitter confession, this confession of mine, more painful than it may seem. But, at least, and at last, it does have the merit of being honest."

- Pablo Picasso
 
Back
Top