Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
I'm sure that many people know what the obvious is but haven't connected it to the original post.
The reason could be that some behaviour and ideas are so instinctive and intuitive that it is hard to articulate them in precise terms. It could also be because some people are incapable of analysing in simple steps what it is they are trying to achieve. The need to be right and acting on instinct or emotionally, rather than trading according to a plan, is probably where the disposition effect comes from.
Another possible reason is the tendency of the mind to look for patterns in meaningless features and then to miss the true information.
'Tis fokin obvious.
well said MN..the worst thing a trader can use is his/her gut feeling..anyone who pushes that crap does not have a clue what they are talking about and have just read some shite printed by some idiot who had nothing better to do with his time
the pattern thing you mentioned is very important
what if someone told you that all that pattern stuff is one heap load of shite..and all it is..is someone trying to justify what has happened..for what ever reason..whether they have just lost money or lost face
it goes something like this..if you want to make money you must be prepared to risk some money..if you are afraid to lose money then you are finished from the start
once you get over the fear factor..next comes the learning of the little details that are inherent in the stock market..we will stick with stocks and leave the futures to the real experts
now..what is the best way to learn anything
2 years is nothing in the trading game
most people only start to learn when it is too late..that i when most..or all..of their trading money has been lost
trading for profit is very easy once you understand and follow some very basic and simple procedures
it is so funny when you have gone thru it all and look back at what is happening on a daily basis..and..that is exactly the reason why those with experience can make money trading..as they know exactly what is happening and what exactly must be done
a fool learns from his own mistakes..a wise man learns from the mistakes of others
yum is nothing more than an opportunity to make money on any given day..who gives a shite what they do or what they do not do..all we need to know is what way the chart is moving and how long it will keep moving before it stops and reverses
TO
for XX and the one who replied better this time..even though he might be gone now
net for free..not a bee
look for one..not in the sun
outside the town..hanging down
in the night..takes to flight
look for one..not in the sun
outside the town..hanging down
in the night..takes to flight
