Why Is The Obvious Not So Obvious?

also, is the assumption that the market moves in a way to take money away from most traders sufficient to determine the obvious?

Like taking advantage of stop runs or something?
 
Quote from RainMann:

Regarding the Picasso:

You mention that the painting was created just before Hitler invaded Poland. You were presenting us with a "context" which should be considered when looking for any messages that may or may not be hidden within the painting. Drawing a parallel as relates to trading, the lesson here is that when viewing a chart, one must view the chart within a certain "context" as well. Not knowing the context, or the existence of the context, will lead to "invalid assumptions" which lead to invalid conclusions.

You are saying that there is a context that we must consider when viewing a chart, and all of these exercises will better enable us to discern it.

My deep thought for the day...

RM

Context...

There are 2 classifications of context:
a) initial and true context leading observer to the same insight which was put into painting by artist
b) other contexts which can influence perception of observers

Nyse, what is our goal here?
Find what Picasso was thinking? Can we?
Or find what people would think given the context?

"... 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"

Given above, may be Picasso was thinking about his paycheck, or the fish he will eat after finishing this paiting.
 
Quote from milktruck:

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.

I am now offended - an arsehole has called me a bastard:D

As RN rightly put it - "it is all in the mind".

Why do you think I spent such a long time "researching" the origins of the "New Thought" movement - for it is not all about curing diseases:eek:

We tend to forget that History does indeed repeat itself, over and over, and if one is not willing to take the "time" to "realize" this, then they might just have to "put up" with what they have!

I am certain that many of our eminent pHd brothers are more qualified than me to explain why people done what they did, but who gives a fuck what they did, all that matters is that we understand that everything has to originate from something - there can be no other way!

I was, at one stage of my journey, the biggest believer in visualisation, but now, I think it is a load of bollox, and the junkie who wrote the "doors of perception" explains it nice and easy like.

Some time ago, during a gathering of friends, as we sometime like to try and be "philosophical", I was asked how was my "Master Key" studies progressing, and I said, nah, I have come to the conclusion that it is mostly (even though there are some basic truths in it leading from others since the mid 1800's) one "load of bollox"

"What!!" was the reply.

"Yep" I said, and what is more, I have come to the conclusion that there is really only one thing that matters most in life, no matter what you set out to do, and that is;

A Six Letter Word:eek:

I like being a bastard milkruck:D

I took some very nice photos today, and I will post some as a clue, but I don't want to post too many here, maybe in the lounge or somewhere, as many have no appreciation of natural beauty - ahhmm, now boys, no smart comments:) - and it should not be pushed in front of someone if they do not like it - just my personal opinion!
 
Quote from TraderD:

Context...

There are 2 classifications of context:
a) initial and true context leading observer to the same insight which was put into painting by artist
b) other contexts which can influence perception of observers

Nyse, what is our goal here?
Find what Picasso was thinking? Can we?
Or find what people would think given the context?

"... 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"

Given above, may be Picasso was thinking about his paycheck, or the fish he will eat after finishing this paiting.

I missed one more context:
c) the context allowing to see what artist has put in the painting unconsiously
 
Quote from nysestocks:

.......
Some time ago, during a gathering of friends, as we sometime like to try and be "philosophical", I was asked how was my "Master Key" studies progressing, and I said, nah, I have come to the conclusion that it is mostly (even though there are some basic truths in it leading from others since the mid 1800's) one "load of bollox"
...

I am glad to see that. New Thought may be useful for a bit of time and it attracts attention initially, but it does stumble eventually. When you first mentioned New Thought somewhere earlier in the thread, I was surprized that you took it serously.
 
Quote from wcmckee87:

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%?

Surely it will depend on what type of trading you would "like" to do!

But, it is wise to be practical - for, how can you daytrade if you have a nagging wife (sorry Ladies!) that keeps shouting in your ear every time you "close" the door!

Get the fuck out of the house and get a private room where you can concentrate on what needs to be done - trading is like nothing else you have ever done, or probably will ever do - it will fuck your head up, empty your pockets, and make you feel like the biggest fucking dim wit on ET, so, better be prepared "before" you start - which very few are!

So I will swingtrade - fine, but you must then relinquish some control - for how the fuck are you supposed to know what is going to happen tomorrow - jeez, we can't even know what is going to happen in the next minute, never mind tomorrow - but if we are in control, then we can react to what is happening, and that, makes all the difference!!

But, and there is always a but, it just so happens that, when you know the "obvious" you can, as you must, not give a fuck about the market, and if you miss a day trading, or a week, or even a month, so fucking what - teach a man to fish and he will never go hungry, and when you need some oily nourishment then all you need do is cast out your net and pull it in, for there has been and will always be fish in the sea, you just need to know how to "navigate" to the right place before you put out your net:D

I hope this is clear to you, if not, then you better start to do some thinking:D

I have a title for your daytrading thesis that will bend the mind of your prof;

SQ3R - Sell Quickly React Reverse Results

I can see a big outline already:D

Oh, as you asked, send me an e-mail and I will send you a link that will help you “research”, but you must not divulge it to anyone here, and then, when you read One Specific book that I will mention, you can reply here and tell all what you think of what you have read, and if it has enlightened you somewhat in relation to daytrading!
 
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

RN, I love leading you by the hand:D

Ok, as you started, and some times one needs to be a bit serious, as it is a very serious business, and I know only too fucking well:(

Trading plans, risk %'s, fancy fucking software, 12 x 21" flatscreens, bmw's, rolex watches, gucci handbags, and all the rest of the shite does not matter one little bit - IF - you are not in touch with reality.

The wifey pifey was one example - again, apologies to any Ladies here - but if you treat trading like any other job, you will get fucked.

You have bastards out there, hiding behind other people's money, who will, just because they can, fuck you up!

But, they can only fuck you up if you let them!

Now, of course one needs to have certain "skills", as in any trade or profession, but mess about in the markets and you will get fucked, guaranteed.

All the "books" and "courses" are of limited value, and some are of course much better than others, but those that sell such, you must remember are just doing it for the money, even a fucking child knows that.

So, when I say that I look at them "all as idiots", this is what I mean.

Of course they are not idiots, are they not making big money from it!, it is the people who - and yes, yours truly did walk that path, as most did and will continue to do so, for there is no other way but for a very small few - give them the money that are the idiots

http://i42.tinypic.com/28aiy35.jpg

http://i43.tinypic.com/289luza.jpg
 
Quote from milktruck:

also, is the assumption that the market moves in a way to take money away from most traders sufficient to determine the obvious?

Like taking advantage of stop runs or something?

As the "novice" rightly said, the "market" is a stupid term, as if it was "something", when it is just "some people".

Look at all of us - wasting our fucking time posting on a stupid fucking website, but why do we do it?

For some, like RN has mentioned, it is looked on as "training"!

For others, it is in search of "relevant information" that might help them become better traders.

For the few, that stand out like a sore thumb, it is just something to do to pass the time, and throw in a few more of their stupid comments that they post on maybe 10 or 15 sites - this internet is the new "watering hole" for stray herds:D

BLASH or SHABL

Some will say, it is as simple as ABC, or 123, but little do they know:D
 
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