Why Is The Obvious Not So Obvious?

Quote from TommyHawk

A Little Green Doji-
followed by another Little Green Doji-
followed by another Little Green Doji-
followed by another Little Green Doji-
- And again!
Jesus, George, Jupiter and Jiminy Cricket!
When is this constipated, overbought POS
going to take a healthy dump?!
How does ANYONE, "obvious" or no, make
"THE BIG MONEY" in such an environment?
(serious question)

The big money is found by adding up your little wins and subtracting your even littler losses.
 
nysestocks - Thank you for an interesting and engaging conversation.

The "strange people" with whom you began conversing -- are they considered "strange" because they engage intuition in making decisions?

From living on a small farm (with many birds), I have learned that animals have no preconceptions about their own knowledge or ability to predict what will happen next. They don't seem to stand around worrying, the way that many people do. Instead, they simply keep their eyes and ears open, ready to accept any and all incoming stimuli. They respond to just a small fraction of the stimuli they receive, but it's often unclear to me exactly what differentiates one stimulus from another. For the most part, they seem to respond as they need to and when they need to without putting significant thought (ego, emotions) behind their actions.
 
Quote from AdrianC:

Nice thread. I am a noob joining in and sitting in the back row with a question.

How can a trader ever be in C.O.N.T.R.O.L if he believes trading is gambling?

As it has been said here, should not a trader always be in C.O.N.T.R.O.L. That would mean he should be in complete C.O.N.T.R.O.L. of his "win" until the position is closed and complete C.O.N.T.R.O.L. of his "loss" until the position is closed. I say "loss" because I would imagine that to some it is a bad thing and to others it is pennies to pay for doing business and not being able absolutely predict the next few price points and beyond.

Once motions are in place a gambler is not in C.O.N.T.R.O.L. of his win or loss outcome? (yes he is in control of the amount placed on the table but only to that point)

If the trader is a gambler then he is never in C.O.N.T.R.O.L. of his win or his loss???

Please help me understand. I hate gambling by the way because I am not in control.

I have learned a lot from this thread thanks.

the only thing you can control is your thoughts and actions, same as any other endeavor in life. trying to control external things will lead to a lot of frustration.
 
Quote from AdrianC:

Nice thread. I am a noob joining in and sitting in the back row with a question.

How can a trader ever be in C.O.N.T.R.O.L if he believes trading is gambling?

As it has been said here, should not a trader always be in C.O.N.T.R.O.L. That would mean he should be in complete C.O.N.T.R.O.L. of his "win" until the position is closed and complete C.O.N.T.R.O.L. of his "loss" until the position is closed. I say "loss" because I would imagine that to some it is a bad thing and to others it is pennies to pay for doing business and not being able absolutely predict the next few price points and beyond.

Once motions are in place a gambler is not in C.O.N.T.R.O.L. of his win or loss outcome? (yes he is in control of the amount placed on the table but only to that point)

If the trader is a gambler then he is never in C.O.N.T.R.O.L. of his win or his loss???

Please help me understand. I hate gambling by the way because I am not in control.

I have learned a lot from this thread thanks.


Sir,

It is a rule of mine – to not suggest to others what they should or should not do – as we are all responsible for the path we follow and the decisions we make…

However for this I’m making an exception


NY has another thread exploring trading and gambling – May I suggest you read, and think, through it carefully – it influenced me into changing my belief


Otherwise if you hate gambling you may want to rethink your journey into trading – It will not end well

Because unless you come to terms with the fact - trading is gambling –everything else you believe or do with respect to trading is mute


MHO Sir

Regards
 
Quote from AdrianC:

RN,

"it influenced me into changing my belief "

Did this make your profits skyrocket?



Sir,

Any answer I offer to your question would be completely worthless to all – but one

That is – with the exception of this one – of course:)


Food for Thought

At times - to gain control – it must be relinquished



RN
 
I have read this thread from the beginning. At first I wanted to throttle NYSE for his 'games.'

Then, something he said clicked somewhere deep. I still wanted to throttle him---but not nearly as much. Then he posted a quote by Dr. PPQ and that caught my attention.

It is now official: I am addicted to this thread.

When it's over I may still want to throttle NYSE, but I will absolutely buy him a drink first!

Best regards,

Ansare
 
Quote from texlenn

nysestocks - Thank you for an interesting and engaging conversation.

The "strange people" with whom you began conversing -- are they considered "strange" because they engage intuition in making decisions?

From living on a small farm (with many birds), I have learned that animals have no preconceptions about their own knowledge or ability to predict what will happen next. They don't seem to stand around worrying, the way that many people do. Instead, they simply keep their eyes and ears open, ready to accept any and all incoming stimuli. They respond to just a small fraction of the stimuli they receive, but it's often unclear to me exactly what differentiates one stimulus from another. For the most part, they seem to respond as they need to and when they need to without putting significant thought (ego, emotions) behind their actions.


Texlen, you have a different take on these "strange people" than I do. It is an interesting one I agree. Have you seen any of this behavior in action; such as the changes in animal demeanor when bad weather approaches. Interesting. I was wondering if his "strange people" were more like astrologers.
 
Quote from Ansare:

I have read this thread from the beginning. At first I wanted to throttle NYSE for his 'games.'

Then, something he said clicked somewhere deep. I still wanted to throttle him---but not nearly as much. Then he posted a quote by Dr. PPQ and that caught my attention.

It is now official: I am addicted to this thread.

When it's over I may still want to throttle NYSE, but I will absolutely buy him a drink first!

Best regards,

Ansare

As a wise one here would say;

Sir, addiction can be a dangerous thing:D

We should always read with the intention of extracting worthwhile information - the rest can be ignored!

BTW, I do not usually drink, as I have a small little problem, and that is, when I start I find it hard to stop - it is in the blood, I think :D
 
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