Why Is The Obvious Not So Obvious?

In fairness, you can trade any market once you know the "obvious"!

Ding dong:D

Let the market open before ANF puts are sold - just a comment of course, already down 0.39 - quote 0.55 x .65 - last 0.60

Do not sell puts unless you have money:eek:

Hitting the 0.55 bid - let's see how much I can lose on this trade:eek:

Must run - papertrade only!
 
One final word...

@nyse - Indeed. I am now aware that I must "stop" focusing on the methods I have used previously and consider all my "options". My re-education has only just begun.
 
Quote from ScoobyStoo:

One final word...

@nyse - Indeed. I am now aware that I must "stop" focusing on the methods I have used previously and consider all my "options". My re-education has only just begun.
More...

Do not be fooled by what you see!

Why would one risk $18,450 loss for a mere $550!!

Surely this R:R is the wrong way around:eek:

$550 is a good few bad daytrades:D

BTW SS, FX is like any other market, in that, if one does not know what one is doing, then one can wind up one sorry one!

Education is part of everyday life - live and learn - must go and check on my little feathered friends:D
 
hahaha I F*ing love this thread guys, truly a treasure, I notice when watching CNBC yesterday I already had a completely different mindset and almost felt like a different person while tuning in, instead of viewing myself as a student in a class room gathering useful information to trade on I instead felt like a mad scientist viewing the information as false experimental data fed into minds of the masses with the intention of studying the reaction and hypothesizing the interpretation of the ignorant test subjects. I have never so clearly seen the "obvious" (haha) fact that the market is not some medieval dragon with human kind rallying together to defeat it exchanging ideas and tactics to "beat the market", the F*ing market is everyone watching the the market! I have always has some internal conflict about how the market operates and how people view it as an external creature rather than a collection of individuals but never to clear. Please tell me I am not going totally insane and should be cashing out my trading account for a bunch of matress's and a straight jacket, you "crazy" people have certrainly got into my head but I kinda like it:p

As said before I'm a dumbass college kid who is trying to make a career in trading. I always realized I didn't know too much and had far to go to be profitable let alone support myslelf. I have made all the mistakes loosing much of my trading account in which I have all of my savings. After a huge loss in the spring I started dedicating myself to really learning this shit. Part of which is developing a trading plan with cold hard risk management rules which I understand (or thought so) is the "golden ticket". I learned that what a sucessfull trader must do is write a plan with a tested strategy with a given win/los ration and set up risk management parameters in that statistics will do the work aka " I have a strategy which works about 50% with a stop at 2% and a limit at 3% so I net 1 % SO SIMPLE!.

Now thanks to NYSE and you other crazy folks I yet again am finding myself questioning everything and find myself throwing my hands in the air saying F*ck it!

My question to you is this...

- What "good" will from my hoping eventual realization of the "obvious" meaning, is this a quest for a contextual realization when utilizing a trading strategy and if so how will it influence it? Or will it lead to a totally new system?

Let me re-phrase, will the "obvious" make technical analysis...

obsolete?

relevant as a school of thought but in a way not traditional thought?

relevant as specific techniques but with different ways of interpretation?

Basically, after my hopeful gain of "nirvana" am I still going to buy when the 20 and 50 ema crosses the 200 whith a neutral stochastic and a volume weighted macd trending up with strong ADX

Or is this all a waste of my time!? Please help my mind attain a GPS system to navigate back to my skull! haha

to clarify, my comments of NYSE and others are used in a joking & hopefully some what mutually understood manner. I have great respect for all here & the great minds you posses... If I really thought you were crazy what the hell would that make me following it haha, I'll choose not to answer :D... I eagerly await your openly interpretable & "useless" response :D

Sarcasm aside,Great thanks...honestly
 
one last thing NYSE, depending on your response are there any specific exercises or books I can do or read to really learn how the market works? What specific actions can I take to be the .00001%?
 
I feel a dose of reality is needed – as I see some still confused and wondering

Some look at what I do here and believe – look at poor little RN – following NY around – like a child lost in the woods – working out his silly little puzzles – much I’m sure to NY’s amusement.

OR

Poor little RN – he had such potential – but now he is nothing more than a hypnotized puppet




Well folks – here’s the fact of the matter


A trader’s (ALL traders BTW) most lethal weapon is their mind (And if anyone thinks differently – state you facts – or take a seat)


Just as a samurai has his sword
A sniper his rifle
I have my mind (as you have yours)


Do you think a samurai ever sharpens his sword…. or a sniper his shooting skill… In preparation for the work at hand



In trading you must eliminate everything that doesn’t work to find what does
(Ever hear a trader say “well I’ve done every wrong thing possible – to become successful”)

Some detractors have even stated – “figure out what doesn’t work eliminate it and use what does”


Problem is as your honing your skill – of figuring out what doesn’t work – you’re losing money





NY is kind enough to take the time to put puzzles together – I am smart enough to take the time to solve them

All along honing my weapon, refining my ”process of elimination skill”, improving my “deductive reasoning skill”
(and it ain’t costing me a damn thing)


Obviously I can’t create a puzzle for myself – as I would already know the solution


You ever stop to wonder if I’ve asked my wonderful wife, or friends, to create puzzles for me to solve – Just so I could hone my mind….. Just so I could refine my deductive reasoning …. Just so I could improve my trading

The answer is – Yes – till their sick of me asking



So to those of you who take pity on me, or believe I am misguided – know this with total certainty


Any puzzle NY wants to post I’ll solve it (may take me a day, a week, a month, or longer) but through the same skills I use to take your money – I will happily solve it …


All the while my weapon is becoming more efficient / more proficient / and more deadly – to YOUR trading account – Make absolutely no mistake of this



Trading is only about making money – everything I do supports this…. Lest you believe otherwise to you own detriment




My apologies for getting vulgar – but NY once told me the truth hurts – and to some I am now sure it must


Humbly
RN
 
Quote from Redneck trader:

I feel a dose of reality is needed – as I see some still confused and wondering

Some look at what I do here and believe – look at poor little RN – following NY around – like a child lost in the woods – working out his silly little puzzles – much I’m sure to NY’s amusement.

OR

Poor little RN – he had such potential – but now he is nothing more than a hypnotized puppet




Well folks – here’s the fact of the matter


A trader’s (ALL traders BTW) most lethal weapon is their mind (And if anyone thinks differently – state you facts – or take a seat)


Just as a samurai has his sword
A sniper his rifle
I have my mind (as you have yours)


Do you think a samurai ever sharpens his sword…. or a sniper his shooting skill… In preparation for the work at hand



In trading you must eliminate everything that doesn’t work to find what does
(Ever hear a trader say “well I’ve done every wrong thing possible – to become successful”)

Some detractors have even stated – “figure out what doesn’t work eliminate it and use what does”


Problem is as your honing your skill – of figuring out what doesn’t work – you’re losing money





NY is kind enough to take the time to put puzzles together – I am smart enough to take the time to solve them

All along honing my weapon, refining my ”process of elimination skill”, improving my “deductive reasoning skill”
(and it ain’t costing me a damn thing)


Obviously I can’t create a puzzle for myself – as I would already know the solution


You ever stop to wonder if I’ve asked my wonderful wife, or friends, to create puzzles for me to solve – Just so I could hone my mind….. Just so I could refine my deductive reasoning …. Just so I could improve my trading

The answer is – Yes – till their sick of me asking



So to those of you who take pity on me, or believe I am misguided – know this with total certainty


Any puzzle NY wants to post I’ll solve it (may take me a day, a week, a month, or longer) but through the same skills I use to take your money – I will happily solve it …


All the while my weapon is becoming more efficient / more proficient / and more deadly – to YOUR trading account – Make absolutely no mistake of this



Trading is only about making money – everything I do supports this…. Lest you believe otherwise to you own detriment




My apologies for getting vulgar – but NY once told me the truth hurts – and to some I am now sure it must


Humbly
RN
More...
If you're taking MY MONEY, which I have no doubt you are, then I want to make a request to please stop doing these puzzles... :)
 
so, nyse, when you realized "the obvious," was it a fundamental overhaul of your trading to that point or more of a tweaking or refinement of what you had been doing? Did this understanding dictate a certain method?

Please say something so that I can backwards engineer what you are trying to intimate you bastard.
 
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