Why Is The Obvious Not So Obvious?

Vindago · Feb 22, 2015

Michael.jstocks said:
I KNOW THE SECRET TOO, NOW!! SWEEEET!!

Hi MJ I hope I was not too explicit as I only repeated concepts that have been expressed by the OP and others in the Know in the thread so many times...

Vindago · Feb 22, 2015

P.S. I am proud to say that in the year since I started trading (and, by the way, mostly loosing money, as I often thought i knew something) I have never read a trading book.
Now, maybe I will read few chapters here and there to better know how the ones I want to take money from think...

RedDuke · Feb 24, 2015

MadFred said:
It's amazing how we are able to stand in our way until something or someone gives us a little nudge in the right direction and suddenly everything is - exactly the same, but very different.

Thanks for the reminder, I loved the book the first time I read it, but I wasn't able to make the connection until your post made me read it once again a few weeks ago. I'm still shaking my head and I'm probably going to continue shaking it for a long time.

Glad to hear it

MadeMan · Feb 24, 2015

MadFred said:
It's amazing how we are able to stand in our way until something or someone gives us a little nudge in the right direction and suddenly everything is - exactly the same, but very different.

Thanks for the reminder, I loved the book the first time I read it, but I wasn't able to make the connection until your post made me read it once again a few weeks ago. I'm still shaking my head and I'm probably going to continue shaking it for a long time.

u got to be fucking kidding me !

The guy who got me into trading at first place , handed me this book !!!!

but i thought it was more on the philosophical path (live wise)... not actual trading wise... (u know the technical part

)

now after eight years studieng/trading and what not (thou with success).. i need to go back to the very beginning ! to get me to the final level!. lol ..if i may remember the book correctly it has actually the same ending... dunno

i need to read it again..

note · Feb 25, 2015

Vindago said:
I have seen the light!

after almost one year with good gains followed by losses twice as big, I have finally figured out the Obvious not so obvious!

Now I will need to spend some time figuring out my way of using the obvious to trade profitably with consistency.

so here it goes my big, big thanks to some exceptional people that had me grinding my brains out for so long a time Thanks to Nysestocks, Redneck, The Oracle, The Expert, and from other threads, The General.

P.S. remember that Time=Money, nothing is as it seems and most of the information around (with the exclusion of Posts from the above cited ET members) is rubbish designed to lead the Retail trader money into some "Lazy and cunning bastards" pockets (and, shortly into mine as well)

Good Man, You cracked it.

Time=Money

I can draw few conclusion,

1) Trade only at specific time ?
2) Can i trade just based on Time, not looking at price (money) ?
3) Is it time value of options ?

Looks similar to Einsteins time and space are same thing.

Vindago · Feb 25, 2015

note said:
Good Man, You cracked it.

Time=Money

I can draw few conclusion,

1) Trade only at specific time ?
2) Can i trade just based on Time, not looking at price (money) ?
3) Is it time value of options ?

Looks similar to Einsteins time and space are same thing.

Hi note,

while I am pretty sure I got the Obvious as it is so Obvious that it cannot be anything else, I am still figuring out how the Obvious works.

The best answer to your questions is implicit in this thread which I consider pure gold!

my non-expert answer to your questions would be:
1) well, of course the time is specific to the trade but it is not the same for any two trades
2) I would not advise that as price is a key variable for trading, how can you BLASH or SHABL if you don't look at the price?
3) I don't even understand how options work (well I have a general idea but I have never even cared to look into Options yet) so, I would say No.

my suggestion is first and formost to keep your accout live and trade small until you figure things out ( I did not and lost quite a bit, I could have learned all I lerned trading small and loosing small) and read (and re-read) this thread every few months, you will see new things...

finally, I suggest another thread (that was suggested somewhere in this thread) that gave me the last piece of the "Obvious not so obvious" puzzle:
Market Intelligence-The Key To Profits by The General

note · Feb 25, 2015

Vindago said:
Hi note,

while I am pretty sure I got the Obvious as it is so Obvious that it cannot be anything else, I am still figuring out how the Obvious works.

The best answer to your questions is implicit in this thread which I consider pure gold!

my non-expert answer to your questions would be:
1) well, of course the time is specific to the trade but it is not the same for any two trades
2) I would not advise that as price is a key variable for trading, how can you BLASH or SHABL if you don't look at the price?
3) I don't even understand how options work (well I have a general idea but I have never even cared to look into Options yet) so, I would say No.

my suggestion is first and formost to keep your accout live and trade small until you figure things out ( I did not and lost quite a bit, I could have learned all I lerned trading small and loosing small) and read (and re-read) this thread every few months, you will see new things...

finally, I suggest another thread (that was suggested somewhere in this thread) that gave me the last piece of the "Obvious not so obvious" puzzle:
Market Intelligence-The Key To Profits by The General

my suggestion is first and formost to keep your accout live and trade small until you figure things out ( I did not and lost quite a bit, I could have learned all I lerned trading small and loosing small) and read (and re-read) this thread every few months, you will see new things...

I am reading this thread from few years now.

Market Intelligence-The Key To Profits by The General

Dont mind reading this one too.

BTW , how does it feels like when you know the obvious, my understanding is , it should be something like only one way to go...like you are tuning your radio to different frequency..you seems to get funny sounds..but once when you are at right frequency you can hear loud and clear..music...waiting for that experience...

Vindago · Feb 25, 2015

note said:
I am reading this thread from few years now.

Dont mind reading this one too.

BTW , how does it feels like when you know the obvious, my understanding is , it should be something like only one way to go...like you are tuning your radio to different frequency..you seems to get funny sounds..but once when you are at right frequency you can hear loud and clear..music...waiting for that experience...

Hi Note,

honestly after the first moment of elation I felt like a total idiot, first because I have been such since I started trading (and not just because of the obvious), second because a few months ago I considered the Obvious and then I discarded it and I returned in the confortable idiot frame of mind, evidently I had not given away enough money yet

Josef K · Feb 25, 2015

Johno1 said:
I can't believe that after 5/6 years this thread is still going without anyone calling it for what it is, an absolute crock of S--T.

Not true. Some of us have:

http://www.elitetrader.com/et/index...s-not-so-obvious.151802/page-354#post-3793977

Vindago · Feb 28, 2015

Mysteron said:
"Why is The Obvious Not So Obvious?"

Thats the question but what is curious to me is why so many apparently try guess instead of solving the puzzle by reasoning first and then stating the answer. Its a solvable problem.

Maybe this will provide an insight:

The funny thing is that it seems that most of the focus by many here is on the second part of the OP question while the first part is forgotten...