Why Is The Obvious Not So Obvious?

M4-1 said:
did you read Uncertainty and Expectation by Gerald Ashley..if not..then you will always find it hard to understand why it is you lose when you risk your hard earned money..

i just got an email notification that i had a private message..asking me do i post here any more..well..it is Obvious that i don't :)

why not..simple..just a waste of time..and i have far more important things going on at the moment..

in the past i "had to post"..but now it doesn't bother me if i don't look in here for 6 months or more..or even longer..

RN returned and i thought i might post some more..but never did..as like i said..u need to get your priorities right..and not waste precious time..as TIME = Money

so..u are not getting good results..so..why is that so..well..the most important thing to consider is that u might be trading the wrong market..as.. different markets behave differently..BUT..no matter what you trade..if you don't wait for a low risk entry..then it really doesn't matter what you trade..as the odds are stacked against u without low risk entries..

so u might ask..what is a low risk entry..simple..an entry that has a high probability of moving in your favour shortly after u get filled..and this is where market selection and strategy pays off..

fail to plan..plan will fail

now that is so OBVIOUS :)
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Do you have a PDF? I couldn’t find it online. Still looking. I might eventually find it
 
schizo said:
Not sure if you're here to learn how to trade or how to philosophize. With your level of wit, you'd be better off cracking a book on Plato's Cave. :)
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I’m still trying to find the correct path. That’s why I dig into this thread quite a bit. There’s a lot of diversity in the ideas here.
 
NotTheExpert said:
I guess experience shouldn’t be totally discredited. If the market is repeatable (which it seems that way), then I should be able to retain some of that information if price action is useful in any simple way
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Wrb, NRb, WRb, nRB, wRb, nrB,.......

Good luck,

GO
 
Haha good question!

Human nature is to predict. However, in trading one should listen to the market. Still without predictions we cannot function well. Trading is paradoxical per the Market Wizards series author Jack Schwager.
 
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