Why Is The Obvious Not So Obvious?

now some will say..too much today
u can not show..what others know
but know u this..it is all piss
what matter most..is not to boast

the distance be..what eye will see
and why it so..most will not know
when fools are in..big laugh kingpin
with no real fear..to cause a tear

he is so fat..as he big cat
with bags galore..and many more
a mil or two..is but a few
while other tick..fat cat not thick:D

u must decide..where is the tide
for tide will flow..too and fro
as light is day..and sun makes hay
when tide do ebb..see spiders web:D

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Quote from The Oracle:



snip....

for most..by the time they have this realization..it is too late..the money is already gone..or they get fuked up in the mind..so much so that they will never be able to make it as a trader

time is very important to successful trading..not only in relation to market dynamics..but also in relation to psychological conditioning..and if u think this is all bullshit..think again!


snip........


This concept is very important to get straight ASAP.

Most people approach trading as "learning failure"

Reading and being taught by a teacher do not work.

Making mistakes and correcting them doesn't work either, simply because there are sooo many mistakes available to make.

Inventing an approach doesn't work either.

Neither does luck.

The only things you have ever learned were not learned in any way except one.

Stick with what you have learned and figure out how you did it.

Small reminder: The financial industry and its people do not know how to make money and they keep proving it. Fees and commissions is what makes them the money they do make.

There are many many marginal people in the trading rackets.
 
Quote from jack hershey:

This concept is very important to get straight ASAP.

Most people approach trading as "learning failure"

Reading and being taught by a teacher do not work.

Making mistakes and correcting them doesn't work either, simply because there are sooo many mistakes available to make.

Inventing an approach doesn't work either.

Neither does luck.

The only things you have ever learned were not learned in any way except one.

Stick with what you have learned and figure out how you did it.

Small reminder: The financial industry and its people do not know how to make money and they keep proving it. Fees and commissions is what makes them the money they do make.

There are many many marginal people in the trading rackets.

now jack did say..no word astray
he is not bad..when he a lad
some times he go..out in the snow
and get so cold..that he be bold:D
 
Quote from The Oracle:

one more to show..what others know
and know u this..it all still piss
RN no fool..he went to school
to have some more..will even score:D

screenshot073v.png

Fuk all you have,
and you stole that.
You can't give away,
what isn't yours,
and you say not to boast?.

You can't make hay,
with what you have,
and I'm glad to see,
that you learned not,
to put butter on your toast.



:D :mad: :p :cool: :eek: :confused: :( :)
 
Quote from The Oracle:

we will cut to the chase and post the complete chart..when u see it completed for the day..think back to when u saw it first..and how damn wrong u were in your thinking on what the market will do next:D

T=$:)

i must hand it to RN..he was spot on even at a glance..do not be fooled by his little red neck:D


Yeah but we gotta keep it real TO


I did say long initially

But once I started getting a little heat :eek: :) ., buckled and reverse to a short

(Damn I should have followed my plan)

====================================================================================

Now a trader – would have willingly acknowledged the loss…, accepted it.., then moved on… Probably even reversed and caught the lion’s share of the move up - negating his/ her loss, and then some

A non trader – is probably still short… and hoping price returns some day

(Being wrong – ain’t nothing but a thang…)


Just a couple of things to ponder

RN
 
Quote from jack hershey:




Probably the greatest reson I suggest that a person does three fractals, and keep the trading fractal in the middle is so he can trade the dominant FTT to FTT and then reverse tp trade the non-dominant as presisely on that same middle trading fractal.



Thanks Jack!

This (holding from FTT to FTT) is my next and highest aspiration for sure.
Am still in an Entry and Exit mode, often get out too early etc...but working on it.
Incredible display today of what is possible even on the coarse level.

Love the logging btw, very satisfying activity...:)

I turned the page format sideways, which allows me to note the gaussians on the log as they occur on the chart...tracking the P's and the T's....

Best,
 

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Quote from jack hershey:

I left the limit orders, etc on the chart.

The reversal short came at the FTT of the long. Why stay sidelined as you did on peaking volume.

even a traditional PA only type trader would have gone short on the BO of the long RTL. You sat through that as well.

You traded what the CW calls a failure to Breakout (a bad timing conclusion on their part). Another name for your entry to limit trade is the non-dominant long move of a short trend. (point 2 to point 3 in my parlance.)

If you have a long FTT showing why would you put limit orders on the other side (far side and beyond) of the "smart money "wall" on the DOM. Trading is NOT going past the unfilled limit orders of smart money.

You wind up NOT reversing ALL your contracts @ point 3 of the short.(Where and at the time the RTL for the short is drawn). I do not think you know making money on the last move of a trend is just "money in the bank." As that move occurred you just sat there giving up profits until they were gone and you used a "stop" to have an arbitrary CW based "wash" or B/E trade. Then you relieved your tension and anxiety by saying you quit for the day.

Five contracts is what you trade. You made 300 plus bucks with 3 contracts and spend most of the market time on the sidelines. Then you only ventured into the market thinking something long might happen after a long trend on that fractal was done and finished. You MUST move to a "neutral bias" at some point.

What harm is done by annotating volume a leading indicator of price and annotating price a trailing indicator of volume?

I believe it is the easist way to break the up/down habit you have and gain a left/right habit. The switch that occurs is that you convert from 3 pairs of moves to two triads of moves AND you get to see every trend beginning andending as it actually occurs (And not on BO of RTL's as CW thinking does belatedly).

You could have pulled in enough profits to do what nodoji or RN can't do (ADD CONTRACTS).

Making money in trading is NOT about what is chatted about in this thread as games and poens. Making money comes down to one thing: being a power trader by adding contracts based singly on your earned profits attained by using a simple routine over and over.

Look at this number series:

1, 2, 3, 4, 5, 6, 7, 8. What is so clear? (The obvious that is not obvious)

Initially, you have to double your capital to add a contract and that NEVER is true again for the rest of your life.

The power trader has one goal: add one more contract.

Look at this series: 220, 221, 222, 223, 224.

Your trades with those number of contracts would have caused you to skip ahead several contracts at a time if you were trading FTT to FTT or point to point AND KNOWING THAT YOU KNEW WHERE YOU WERE ALL OF THE TIME.

At some point a trader cannot use stops. He is too big for that. Can you read a poster's comments and find out if his trading is too big to use stops. Can you go back in his posting history and find out where he made changes in his trading style to accomodate size? Can you read the posts of supposed traders who are stuck where they are? Do you see which posters do not have exponentially increasing P and L's?

For yourself, what do your posted charts represent. I'm glad you are passing others in not fearing to post charts and trades. We went through the period of posting charts, prints and logs here. Of course, photoshopping was the pitch of the frenzy that occurred back then.

Wouldn't it be fun to see a thread where someone was in the market, taking the market's offer, and applying his profits to trade the number of contracts he earned the right to trade? Probably not. It would provide a context for posters to criticize others who can't hack it.

I liked the days when the chat rooms were live calling among the participants.
 
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