Why Is The Obvious Not So Obvious?

Quote from RainMann:
"An error lurking in the roots of a system of thought does not become a truth simply by being evolved. It remains an error; and if thought is consistant, that consistancy can only mean a more intricate enmeshing in error. Usually it requires a mistake in logic to produce correct conclusions from false premesis, but false conclusions can be drawn from false premesis with strict logical accuracy. In this way, integral and elaborate systems of thought can be unravelled in which the rules of logical procedure are rigidly adhered to, and yet the entire system can be invalidated by an error at its base."
RM [/B]

Whew, Buddy,
- There's A LOT of that going around.
 
Quote from Redneck trader:

And vise versa I also believe Sir:)

Yes RN, but one could say, with high probability, that the vice versa falls into the 10% category - so that is the time to use some of that small pickings to stuff the piggy bank:D
 
Quote from jim2000:

nysestocks

You do not use one single indicator, what do you use?

My two big eyes ATTACHED to my big fat head and a size 12 boot :D

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!
 
Quote from RainMann:

Quote from NYSE



NYSE

This has gnawed me. For me, the worm need not come out of it's hole. For me, this thread has no secrets that I need. It simply has caliber.

RM

And that is fine, what is, is!

I used to think like that, and I thought that I knew all there was to know about "trading the open", with my 10 monitors and 2 additional order entry screens:eek:

Then, along came a little worm, and the little worm had a knack of surfacing just before the rain came, and there he could be seen, in his glory, soaked wet, and not a ray of sunshine in sight to burn his little wiggly ass:D

I asked myself, how did this little worm know the rain was coming, as I could not see a dark cloud in sight :eek:

It was "obvious" that he knew something that I did not know:D
 
Quote from Redneck trader:



NY had asked which we thought most important � I think number 3 � because changing is hard � I believe (and based on my experience of changing)


Each person�s mileage may very of course:)


Take Care
RN

Number 3 is not the one I would pick - and let me explain a little why!

I had, say since 2002, developed an interest in many of the topics mentioned from the 1 to 6 list.

In that sense, I did not need to read any more "stuff", as it had been well absorbed by the 3 lb of grey matter.

But, I was still lacking the "something" that would make "all the difference"!

The "X Factor" was eluding me, and it was annoying me so much, that I decided to take some drastic actions, and, started out along the "all of them are idiots" path:D

Lo and behold - and if you think I am "mad" now, you want to see me back then:D - I suddenly started to find myself conversing with, what others were calling, "strange people".

But, the facts of the matter were as such, that these people were far from "strange", they were in fact, more in tune with the "reality of trading" than any other people that I had met to date - and to this day, they continue to be the same!

Any guess what MY choice is now:D
 
Quote from nysestocks:

Number 3 is not the one I would pick - and let me explain a little why!

I had, say since 2002, developed an interest in many of the topics mentioned from the 1 to 6 list.

In that sense, I did not need to read any more "stuff", as it had been well absorbed by the 3 lb of grey matter.

But, I was still lacking the "something" that would make "all the difference"!

The "X Factor" was eluding me, and it was annoying me so much, that I decided to take some drastic actions, and, started out along the "all of them are idiots" path:D

Lo and behold - and if you think I am "mad" now, you want to see me back then:D - I suddenly started to find myself conversing with, what others were calling, "strange people".

But, the facts of the matter were as such, that these people were far from "strange", they were in fact, more in tune with the "reality of trading" than any other people that I had met to date - and to this day, they continue to be the same!

Any guess what MY choice is now:D

Door #2 Sir ??

(2) To direct your thoughts into those channels which lead to success, achievement, health, happiness and perfect good;

eta - I am having second thoughts - please allow me to think through this some more before responding NY

Thanks
 
Quote from RainMann:

Quote from NYSE





As relates to the above, I dug up my old favorite "life changing" bible in order to find this text. It helps to explain how the herd operates with regard to trading on the advise of the unknowing.



"An error lurking in the roots of a system of thought does not become a truth simply by being evolved. It remains an error; and if thought is consistant, that consistancy can only mean a more intricate enmeshing in error. Usually it requires a mistake in logic to produce correct conclusions from false premesis, but false conclusions can be drawn from false premesis with strict logical accuracy. In this way, integral and elaborate systems of thought can be unravelled in which the rules of logical procedure are rigidly adhered to, and yet the entire system can be invalidated by an error at its base."


RM

Yes RM, but traders are fortunate in a way, as the negative feedback loop is constantly in full operation - and it is simply the bank account balance!

If a trader is not making money then it is "very obvious" that there is something wrong!

The only way to change something that is wrong, is to do something right, or several things right, depending on how many things are wrong!

And, as the negative feedback loop never lies, it should be very easy, yet so many find it so hard to effect change!
 
Quote from Redneck trader:

Door #2 Sir ??

(2) To direct your thoughts into those channels which lead to success, achievement, health, happiness and perfect good;

Not the door I decided to open, RN.

Throughout History, (Oh No!, here he goes again:D ) we have seen that "something big" does just not come out of nowhere!

People get on, when and only when, they;

_ _ _ t

_ _

_ _ _ h

_ _ _ e

_ _ _ _ _ d

_ _ _ _ _ e

sorry, no hints for 2 or under:D

BTW - this is just me, as we are all different, and we all "think" differently!


Ah, the video is now uploaded, let me post it and we will see what happens:D
 
Quote from nysestocks:

My two big eyes ATTACHED to my big fat head and a size 12 boot :D

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!

View My Video
 
Quote from nysestocks:

Not the door I decided to open, RN.

Throughout History, (Oh No!, here he goes again:D ) we have seen that "something big" does just not come out of nowhere!

People get on, when and only when, they;

_ _ _ t

_ _

_ _ _ h

_ _ _ e

_ _ _ _ _ d

_ _ _ _ _ e

sorry, no hints for 2 or under:D

BTW - this is just me, as we are all different, and we all "think" differently!


Ah, the video is now uploaded, let me post it and we will see what happens:D


I'll put on the ole thinking cap:)
 
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