Why Is The Obvious Not So Obvious?

[The Oracle]

Quote from xburbx:

Took a look at HAL on the intraday as that prior chart is hourly. It ran from top to bottom of that range just today. Would have been an awesome move to be part of

is there any low risk entries on this chart?

 

[xburbx]

the obvious hindsight answer is an uptrend line break from yesterdays low

 

[xburbx]

more specific

 

[SnakeEYE]

Quote from jack hershey:


There are two jokes about trading.

There are third one.Velocity is not speed.It is not because you`ve said that!Ok,i believe you!!!

 

[baron193]

Ahh well it has to get bigger somehow, and since we're playing games...

 

[baron193]

and another..

 

[macattack]

Quote from Shanb:

The answer is obvious!

Do the opposite of what you are doing now. When you think buy, sell. And vice versa.

If somebody had told me this when I first started I'd be Alot further along by now!

I already tried that. I'm not quite inexperienced enough where that will work. It would work in chop where I suck, but not for the entire day. I'm actually correct sometimes.

The only problem with chop that is I don't realize I'm in chop until it's too late. Sometimes I think I miss the forest for the trees.

It would've sure worked when I began trading though, always looking to sell an uptrend & buy a downtrend. The brain behaves in mysterious ways.

Next week I'm all about low-risk entries & avoiding the chop. It makes sense that that is about all that matters really.

 

[baron193]

I played it six times yesterday, the only time i lost is when i held on after a few profitable trades because i got bored.

 

[xburbx]

how big was the loss and how big were the wins?

 

[Redneck]

Quote from xburbx:

more specific

Not nearly enough XB

Print it out and study it... from several angles if need be, even upside down

1000 Yard stare will blind a person to the obvious

RN