Why Is The Obvious Not So Obvious?

Quote from jim2000:

What you say is so true. I think you just stated the 'obvious'.

I'm gonna print this.

Yes - good point. Will have to review more of this thread later. But there are only so many hours in a day to get things done...
 
Quote from RainMann:

NYSE asks if anyone thinks there is further upside.

I respond that it looks to me like it hit a strong resistance point. But all I have to go on is the mainstream point of view.

Trade what you see. That is all I see.

I post too much. ( I feel the heads nodding...)

I will sleep and let some real work go on here.......


RM


Yes Sir he did

Optimal word “think”

But he did not ask for

Fib #’s
Macd
Stochs
CCI
ABC/123
Moon Beams
News
Why the chicken crossed the road

Or anything else of the sort


Some commentary (after thinking) on your part as to why/ what it would do would have been perfect

maybe you would have been correct - maybe you would have been wrong - who knows... who cares

That someting was learned is what is important.... as everything comes from someplace, and nothing happens without reason

However telling us possible .382 / .618 bounce – IS of no use Sir

eta - There are several other threads for indicators - This one is for honing your weapon


RN
 
Quote from jim2000:

Sorry for calling you a teacher, it won't happen again. :)

I get it that what works for one may not work for the other. I am here to discover the one thing that will help me the most, and that is the 'obvious'.

I am presuming, notice I didn't say ASSuming, that the 'obvious' is a specific action that must be taken by me, the trader, to 'easily' take money from poor schmucks, like me currently. If the 'obvious' is nothing more than 'do what works for you', then I guess I already know the 'obvious'.

This thread has already caused me to analyze my trading and I have made some changes which I think will greatly improve my bottom line.

One thing I am doing now is trading alot smaller size while I am in the process of getting back on track, or maybe not back on track but just getting on the track. :)

Have a good one.

Jim

One thing is certain – We are all after the same thing

So by whatever means we get there – it damn well better get us there

Although some means are easier than others (when fully understood) It's just understanding them that may be a bitch - or not

RN
 
Quote from nysestocks:

"Jack be nimble, Jack be quick"

"But if Jack is silly, Jack will lose his willy"

:D

jacknimble.jpg

ROFLMAO This one is a masterpiece! :D
 
Quote from jim2000:

If you had the cash to buy the stock I would hold onto the puts. They will more than likely expire worthless, for the buyer that is.

Ok J2 - this one is on your shoulders :) but if you are wrong, I will say, there you go, that is what you get for listening to other traders - hold to expiry it is, just hope I don't have to resort to "un-natural" clothing to get out of this worm hole:D

No buying stock, sure if I thought it was going to go up some more I would buy some calls:D
 
Quote from RainMann:

ANF

From the mainsteam trader point of view, we have properly retraced to the .618 of the monthly high. 24.17 is the .382 and is a decision point right?

WTFRM:D
 
Quote from jim2000:

It is better to teach a man to fish than to give him a fish. He can then eat for his entire life. Is that the point you were trying to get across with the Picaso?
You are teaching us to fish to make us self sufficient.
Picaso had a real interest in painting.

Actually, I laughed earlier, as the last post about the "price" of the painting was brilliant:)

The "actual" painting we were looking at was a print - around $200 or so, a lot less than the "real" thing.

How can we make an informed decision unless we are looking at the "real" thing!

It is like trying to trade with delayed quotes - and I bet you $100 that some traders have tried that, and will continue to do so:D

Like RN, I am but a novice also, but I do like to hold on to as much of my money as possible, and not give to other traders, especially ones who hide behind money that is not their own:p
 
Quote from TapeFighter:

ROFLMAO This one is a masterpiece! :D

Yes TF, and RN had to buy a new keyboard because of Jack and his antics:D

I hope some more "Gunfighters" join in, as that is what I like best, and if you think pattern recognition on the old modern day glass jar is good, I have a little something done in Excel that would make the novice eat 1000 bars of Willy Wonka chocolate to try and find the "Golden Ticket":D

Hint hint - how come the "advanced" programmes do not allow you to "actually" see what is happening inside the jar - and you have to resort to "the matrix" vision to decipher - talk about an oversight:eek:
 
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