Why Is The Obvious Not So Obvious?

Quote from odlareg:

Ok, then page 184 : Total score 90- 125 :

This score indicates a high degree of creativity and means that the right, creative , side of your brain appears to be extremely active.



total score 69 - 89 :

Average degree of creativity.

If anybody like to know more, just do a google, I'm no typewritermachine.

Creativity sounds good to me:D

One must be careful though, as, daydreaming can be mistaken for creativity:eek:

TE
 
Quote from nysestocks:

Why Is The Obvious Not So Obvious?

I have read thru some of the recent and distant posts in this section, and have come to the conclusion that; the obvious is not so obvious to many!

There appears to be a lot of textbook information being thrown around, especially in relation to position sizing and risk management.

What every trader has to realise, is that all the risk management and position sizing techniques in the world are of no use what so ever, unless the trader is aware of the obvious pre-requisite to trading any market.

It will be very interesting to see what answers the many traders come up with for the obvious, those with little and lots of experience alike!

I can now see why so many think that TE = NY:D

Having met and traded with NY, TE obviously knows what The Obvious is, and, TE also knows that even though NY stated The Obvious many times when posting, very few have actually latched on to what The Obvious really is:eek:

For those who have read some of NY and TE posts, what do YOU now think The Obvious is.

Make sure YOU read NY's words above, as, the devil is always in the detail:cool:

Ohh, BTW, the usual time wasters need not post here, for, you have interfered with the learning process long enough already, so, before you start again, go off and post in the ES Journal, or some other educational section :D

Let us TRY and keep this a learning thread from now on, and, let the KNOW ALLS do as they always do, and will always do, elsewhere :D

TE
 
Quote from The Expert:

I can now see why so many think that TE = NY:D

Having met and traded with NY, TE obviously knows what The Obvious is, and, TE also knows that even though NY stated The Obvious many times when posting, very few have actually latched on to what The Obvious really is:eek:

For those who have read some of NY and TE posts, what do YOU now think The Obvious is.

Make sure YOU read NY's words above, as, the devil is always in the detail:cool:

Ohh, BTW, the usual time wasters need not post here, for, you have interfered with the learning process long enough already, so, before you start again, go off and post in the ES Journal, or some other educational section :D

Let us TRY and keep this a learning thread from now on, and, let the KNOW ALLS do as they always do, and will always do, elsewhere :D

TE

Time is my enemy TE, for I never have enough time to do everything I'd like. This evening I've been refining my automated scans to look for certain chart patterns. I was intending to read an article I found about swarms that I came across via one of NY's threads: "If you had a choice to pick a box that would make you money trading...". There is also something written by a phd mentioned in that thread that I need to think about. The point is that I'm not finished trying to figure this out yet.

Do you really want anyone to state openly what they think the obvious is? Its not obvious to me that I know what the obvious is, or should I say that its obvious to me that I don't know what the obvious is!

After reading through the various threads by you and NY, I never had a eureka moment along the lines of "I see now, so I'll pack my job in and be a professional gambler". Its more a case of realising that we are not traders but gamblers so we need to only gamble when the odds are seen to be in our favour. Also, various clues did come together but they seem to relate to a trading strategy looking for reversals, i.e 3 or 4 7's or I's followed by an S curve as the herd/swarm stops and pauses. At support a reversal is more likely. Thats for a long trade but with obvious changes for a short trade. Hence the need to establish levels and AR. TBH I had a PM (by a kind person who will remain nameless) alerting me to the S curve in your threads but I have also noted it in a thread by NY. The S curve is reminiscent of a step response or impulse response, in terminology that I'm familiar with. I wondered if the repeated use of the word "chime" by NY was a reference to the ringing of the S curve or if the overall chart pattern was being likened to a tuning fork. In RN's video it was the candelabra that got my attention rather than the candles.

Thats it really.
 
I never had a "eureka" moment reading any of the various threads either. I'd say the obvious is what is happening right in front of our eyes.

For example a child can look at a chart and see that price is going up. An "experienced" trader on the other hand may look at that same chart and see that his MA's are crossing, and the slow stochastic is below the fast stochastic, and Woodie's CCI is at the zero line, etc, etc, etc.
 
Quote from macattack:

For example a child can look at a chart and see that price is going up. An "experienced" trader on the other hand may look at that same chart and see that his MA's are crossing, and the slow stochastic is below the fast stochastic, and Woodie's CCI is at the zero line, etc, etc, etc.

And you ask the child whether they would buy or sell and they most likely will choose the obvious (buy) for the obvious reason (because it's going up) and end up with a very good trade.
 
Quote from The Expert:

Ohh, BTW, the usual time wasters need not post here, for, you have interfered with the learning process long enough already, so, before you start again, go off and post in the ES Journal, or some other educational section :D

TE

Oh, really?

What's damn obvious to me is that, first, you're not a trader and, second, you're a miscreant who exploits those who are in the dark about trading with your vague statements.

By all account, you sound like a real cocky trader. I would love to get together and trade with you side-by-side. How about it?

Quote from Mysteron:

Do you really want anyone to state openly what they think the obvious is? Its not obvious to me that I know what the obvious is, or should I say that its obvious to me that I don't know what the obvious is!

This is the typical sales pitch you get from those bastards who sell snake oil.
 
Quote from nysestocks:

Why Is The Obvious Not So Obvious?

I have read thru some of the recent and distant posts in this section, and have come to the conclusion that; the obvious is not so obvious to many!

There appears to be a lot of textbook information being thrown around, especially in relation to position sizing and risk management.

What every trader has to realise, is that all the risk management and position sizing techniques in the world are of no use what so ever, unless the trader is aware of the obvious pre-requisite to trading any market.

It will be very interesting to see what answers the many traders come up with for the obvious, those with little and lots of experience alike!

I was hoping the "obvious" would be some useful piece of information or knowledge but I suspect this is a wind up, so could the obvious be simply:

make sure you can afford to loose.

Its bit like asking whats the most important thing to do before you get out of bed:

open your eyes first.
 
Quote from schizo:

Oh, really?

What's damn obvious to me is that, first, you're not a trader and, second, you're a miscreant who exploits those who are in the dark about trading with your vague statements.

By all account, you sound like a real cocky trader. I would love to get together and trade with you side-by-side. How about it?



This is the typical sales pitch you get from those bastards who sell snake oil.

Trade:D :D the only trading you know about is what the academic shit heads showed you:p

Now, go away and have some more debates with those who like talking about nothing:D

Dum as trdr:D
 
TE,
Those who have wisdom wouldn't ask a question he/she can't get answer for.

To know the obvious is to become a part of those few who can take Money from the Market. And those few would never disclose this information for one simple reason you described before.
And those who don't know the obvious simply won't be able to answer because they don't know it.
Looks like you're getting older. Should I suggest stop trading and spend more time with birds?



Quote from The Expert:

I can now see why so many think that TE = NY:D

Having met and traded with NY, TE obviously knows what The Obvious is, and, TE also knows that even though NY stated The Obvious many times when posting, very few have actually latched on to what The Obvious really is:eek:

For those who have read some of NY and TE posts, what do YOU now think The Obvious is.

Make sure YOU read NY's words above, as, the devil is always in the detail:cool:

Ohh, BTW, the usual time wasters need not post here, for, you have interfered with the learning process long enough already, so, before you start again, go off and post in the ES Journal, or some other educational section :D

Let us TRY and keep this a learning thread from now on, and, let the KNOW ALLS do as they always do, and will always do, elsewhere :D

TE
:D :D:D
 
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