Why Is The Obvious Not So Obvious?

Quote from mekanikal:

Wow what a thread!

Reading this and others by TE, MC and TG I have to thank the TFF for putting some perspective in my 'strange' thinking :)

I started as a dumbass following a guy in his subscription based forum few years back. Even though I was suspicious why someone would charge for profitable live trades, I went along with it naively until it blew up in 2008. The guy couldn't read what the market was saying and he had a huge ego.

We were buying options, calendar spreads, butterflies etc., rolling them as necessary and it was like all 'elite' strategy to me until it wasn't :confused:

Then it slowly dawned on me that markets are random and trading is gambling. So I decided to be the house instead of the walk in gambler. I started selling options instead of buying them.

That also worked and not worked based on what market was doing and left me even more confused :(

I came across this thread a year back and did delight me that there are people who thing 'strangely'.

Now I read it again, along with others, and have a new found appreciation of trading aka gambling.

I am a dumbass know nothing myself, to paraphrase another member who is not part of TFF :D

Looking forward to learning more :)

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At first glance they all seem the same.

Then there is elite34s and Socrates on T2W - not credible to me though, and how many more strange ones???
 
Quote from Mysteron:

z8yvk.png


At first glance they all seem the same.

Then there is elite34s and Socrates on T2W - not credible to me though, and how many more strange ones???

I hear ya MN!

Lots of agent Smith in the Matrix run
But watching them is also fun!

'cause they are easy to beat
If you don't throw them any meat

Watch out for the blonde in red dress though
For if you keep control you will make dough :D

There goes my dumbass attempt at limerick :)

So MN are you progressing? I am trying to open my eyes to see what needs to be seen and also reading a barry good book :D
 
Quote from mekanikal:

Wow what a thread!

Reading this and others by TE, MC and TG I have to thank the TFF for putting some perspective in my 'strange' thinking :)

I started as a dumbass following a guy in his subscription based forum few years back. Even though I was suspicious why someone would charge for profitable live trades, I went along with it naively until it blew up in 2008. The guy couldn't read what the market was saying and he had a huge ego.

We were buying options, calendar spreads, butterflies etc., rolling them as necessary and it was like all 'elite' strategy to me until it wasn't :confused:

Then it slowly dawned on me that markets are random and trading is gambling. So I decided to be the house instead of the walk in gambler. I started selling options instead of buying them.

That also worked and not worked based on what market was doing and left me even more confused :(

I came across this thread a year back and did delight me that there are people who thing 'strangely'.

Now I read it again, along with others, and have a new found appreciation of trading aka gambling.

I am a dumbass know nothing myself, to paraphrase another member who is not part of TFF :D

Looking forward to learning more :)

well ML..maybe u can teach A28 a bit about real trading:D

some live calls..huh..well..it is what u do with the live calls that matter..and also where you put the money!

there is currently a better grid to gamble on..but u need balls of steel and must like pizzas:D

might post it when it is mentioned?

it is no surprise you had a "options expert" take your money..but..always remember..there is only one real expert..and that is..The Expert..member of TFF :D

as for all the sophisticated analysis software..save ur money and keep it for placing low risk / high probability trades..but..in order to do that..u must of course be able to see and act..no good doing one without the other..is it!!!!

when i saw A28's first post..i thought he might be waking up a bit..but alas..it took very little for him to go back to sleep again :D

TO

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Quote from mekanikal:

I hear ya MN!

Lots of agent Smith in the Matrix run
But watching them is also fun!

'cause they are easy to beat
If you don't throw them any meat

Watch out for the blonde in red dress though
For if you keep control you will make dough :D

There goes my dumbass attempt at limerick :)

So MN are you progressing? I am trying to open my eyes to see what needs to be seen and also reading a barry good book :D

ML is here..so all can cheer:D
he paid some cash..to options trash
what did he find..one of a kind
of course not he..not TFF you see:D

now listen up..ML no pup
for he was wrong..it just wrong song
what trash not know..in simple flow
when paying out..no need to shout

the greeks once tall..are now so small
and who cares less..with all the mess
just one thing true..not me or you
what goes up..frown:D ..must so come down:)

so now we see..what new thing be
an option so..but will it grow
some say sell..or go to hell
but also buy..or risk the sky:eek:

alas..NY..did start it all
the obvious why..is still so tall
so many fail..to see the grail
and reason be..they not like bee:D

TO
 
Quote from Mysteron:

Welcome TO,

Secret eh??? :cool:

To boldy go where no man has gone before (JTK).

'Spanish banks to get up to 100bn euros in rescue loans' ...so probably S&P500 will push upwards tomorrow - maybe, but then again anything can happen.:confused:

Levels on indices are a puzzle.

hello MN:)

draw 2 lines on the chart..just 2 lines:D

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Quote from achilles28:

This is actually a good thread, Oracle.

Lets kiss and make up :D

Post more charts, for us, will ya?

draw 2 lines on the chart..just 2 lines..if U get it wrong A28..i am not posting any more charts for U:D

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''Volumenger Rubber Man Bans'' - the indicator you can see above ladies and gents,developed by me,me 13th ocean`s friend.Only 2 left,gather round,hurry up!
 
no good..there are more than 2 lines there..see..this is why most people lose money when they gamble..they never think before they act..and then..when they lose..they say..

well..if only this..or if only that..blah..blah..blah

you see..there is an old saying..that says..

if my aunt had balls she would be my uncle:D

TO
 
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