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
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.
- 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.
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"
...
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%?

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
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?
