Why Is The Obvious Not So Obvious?

Quote from xburbx:

Martin buzzy? The pitbull? I'm not thinking that's related in too many ways to this thread.

He has the sp500 premarket technique.
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there are many many techniques..but one must find what suits one best..remember!

in fact..i am certain that anyone here can come up with their own technique that works..and it can be very simple..so..lets see if we can come up with some new techniques

1. only buy/sell after a fast move up/down on any new 10 min bar..with a stop equal to 1/4 the distance of the move..and profit target equal to 1/2 the distance..or more..depending on the follow thru

i wonder if this one will work?

2. buy/sell the open depending on the futures change +/- and cover 5 minutes before the close of the day..stop equal 1/4 the ADR and profit taken at close if not stopped out..stop moved to break even after 11:00 and moved up in 25 cent increments

i wonder if this one will work any better?
 
Quote from The Oracle:

herein lies the key..what do u see!

images
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Symetrical shapes ordered in such a fashion to create the illusion of looking at a spiral. The middle of the spiral contain dark colors which graduate to lighter colors at the extremeties. Maybe, we should be thinking about reducing exposure once a lighter color starts to appear and going the other way/exiting when the opposite dark color appears?

Regards
The Bogan
 
Quote from xburbx:

Martin buzzy? The pitbull? I'm not thinking that's related in too many ways to this thread.

He has the sp500 premarket technique.
More...

Sure, but if you read his book, the "Core" of what he is doing with stocks, I don't mean all the wiggly lines and all the the other junk he overlays his decisions with, is very similar. OODA, AR etc, its all there, he just gives them different labels. In his book the space given to his method is about 3/4 of a page.

TE & TO indicate that it may, I repeat, may, be possible to acheive freedom from the idiots of life and be my own man through trading financial instruments short term. This may or may not be feasible, but is very attractive to me. However, I'm still not sure about the toll that is payable mentally, is worth it. I'm sure RN commented on this in another thread. Any comments on this for me please RN, TE, TO. I'm keen but need to factor this into future plans.

Regards
The Bogan
 
watched the video and i will need the actual language part translated which will take some time. trying to follow along by what he pointed at and what he had on screen i would saying the following are important.

- The book - shows liquidity and whats on deck (can be faked from what I understand)
- T&S
- Chart

I did see he mentioned the orders coming in on T&S and the times they stamp. The more orders hitting in a short period of time would show the speed of the tape. Order in large fashion, from what I understand, can only hit in 2 ways. A lot of small orders very quick or very large orders that are several thousand to several tens of thousands of shares in one order. If 20x100share orders hit the market and tear the T&S in fast speed, does that have the same impact as say 1x5000 order hitting?
 
Quote from bogan22:

Sure, but if you read his book, the "Core" of what he is doing with stocks, I don't mean all the wiggly lines and all the the other junk he overlays his decisions with, is very similar. OODA, AR etc, its all there, he just gives them different labels. In his book the space given to his method is about 3/4 of a page.

TE & TO indicate that it may, I repeat, may, be possible to acheive freedom from the idiots of life and be my own man through trading financial instruments short term. This may or may not be feasible, but is very attractive to me. However, I'm still not sure about the toll that is payable mentally, is worth it. I'm sure RN commented on this in another thread. Any comments on this for me please RN, TE, TO. I'm keen but need to factor this into future plans.

Regards
The Bogan
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well B22..u seem to have a level head..which helps

thing is..there are many ways to skin a cat..and if daytrading does not suit..then u can do swingtrading stocks..or u can do options..or u can do whatever u take a liking to

however..no matter what u decide to do..unless u control ur risk..u will more than likely lose a good bit of money..get pissed off..and say..what the fuk were those dim wit assholes talking about..i should have known better..never take advice from anyone else:D

now..think about this

u have $50K trading account..buying power $200K

ur max risk per trade is 50,000 * .0025

ur max loss is fixed..never GREATER than $125..but can ALWAYS be smaller

ur average hit is 50:50..if u are good :D

ur average loss is $62.50 per trade

ur average win is $250 per trade

do 50 trades per week..or 10 trades per day

how much will u make in a week

if u concentrate on improving on the key enablers..build up the trading account AFTER taking ur money out EVERY week..and..the figures can actually get alarming..so much so that people will not believe it is possible!

as for the mental toll..well..that is up to u..and no one else..for the only person who can help u there is urself..but..as with all things in life..success does not come easy..and u must feel the pain before the gain..how much pain u feel will be determined by how well u stick to ur plan..simple as that!

TO
 
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