Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
Price/traders reacting at certain round numbers.
J_S you seem to be imitating certain persons in TFF.
blue - I like that one
Same shit - exactly!
"Consistent and recurring characteristic or trait that helps in the identification of a phenomenon or problem, and serves as an indicator or model for predicting its future behavior"
Can we predict the future - ahhhhh, think not!
So what use is an indicator or model for predicting future behavior
Or, are we reading the definition correctly
J_S
Same shit - exactly!
"Consistent and recurring characteristic or trait that helps in the identification of a phenomenon or problem, and serves as an indicator or model for predicting its future behavior"
Can we predict the future - ahhhhh, think not!
So what use is an indicator or model for predicting future behavior
Or, are we reading the definition correctly
J_S
Do you mean this DZ:eek:
http://www.urbandictionary.com/define.php?term=tff
I hope its not No. 20
J_S
Do you mean this DZ:eek:
http://www.urbandictionary.com/define.php?term=tff
I hope its not No. 20
J_S
I believe it is MC, but not the dentist on T2W.
I would say that the obvious pre-requisite to trading any market is to be able to infer from a chart the behavior of the major players and how they interact with the market (the other traders) to get the prices they want. The following chart shows one particular level where price has decayed to, then suddenly pushed away from and then decayed back to. Before each major move there is often a period of small range bars. It seems unlikely that there is any particular sequence of bars that is signal to those in the know. You place a bet where the odds of winning greater than you can loose are perceived to be in your favor.
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A dentist charging people to show them how he trades, now that is funny!
I wonder do they get a free gold filling thrown in
Your take on the obvious is very interesting, as you seem to have read the OP's first post correctly.
I think most would not agree with your take on the sequence, for most of the stuff in relation to candlesticks involves sequences.
I also think a very small few would not agree also, but nothing to do with candlestick formations!
The most important point is of course in your last sentence - perception.
The following quote is worth reading.
"No one can give you knowledge, you must experience it yourself for it to be 'knowledge'.
All 'knowledge' is unique. Ignorance is your relationship to 'knowledge' that is other Perspectives' perceptions."
The fact is that most will never get it, as they spend way too much time diddling and daddling over irrelevant things.
Recently, I took it upon myself to contact a so called "mentor" is relation to a very specific subject that I have a keen interest in. I will not mention any names of course, nor will I go into the detail of the subject, but all I will say is that I asked one simple question, which had nothing to do with proving results or trading accounts, and to be honest, for an hourly fee in excess of $200 I was expecting a certain type of reply - which of course I did not get!
I truly believe that any person can make good money trading, providing they have trading capital that they can use and it is money they do not need for everyday expenses. The amount of available trading capital is very important, as most end up trading markets that do not suit them due to lack of capital.
It really is not that complicated once you have gained the required "experiences", and I understand why many get so frustrated with their progress, as I was once that solider and lost many battles before I realized that fighting any war - for any reason - is just stupidity, and is definitely not in my own best interests.
We can not change the world, nor the people in it, the only thing we can change is ourself!
J_S
I wonder do they get a free gold filling thrown in
Your take on the obvious is very interesting, as you seem to have read the OP's first post correctly.
I think most would not agree with your take on the sequence, for most of the stuff in relation to candlesticks involves sequences.
I also think a very small few would not agree also, but nothing to do with candlestick formations!
The most important point is of course in your last sentence - perception.
The following quote is worth reading.
"No one can give you knowledge, you must experience it yourself for it to be 'knowledge'.
All 'knowledge' is unique. Ignorance is your relationship to 'knowledge' that is other Perspectives' perceptions."
The fact is that most will never get it, as they spend way too much time diddling and daddling over irrelevant things.
Recently, I took it upon myself to contact a so called "mentor" is relation to a very specific subject that I have a keen interest in. I will not mention any names of course, nor will I go into the detail of the subject, but all I will say is that I asked one simple question, which had nothing to do with proving results or trading accounts, and to be honest, for an hourly fee in excess of $200 I was expecting a certain type of reply - which of course I did not get!
I truly believe that any person can make good money trading, providing they have trading capital that they can use and it is money they do not need for everyday expenses. The amount of available trading capital is very important, as most end up trading markets that do not suit them due to lack of capital.
It really is not that complicated once you have gained the required "experiences", and I understand why many get so frustrated with their progress, as I was once that solider and lost many battles before I realized that fighting any war - for any reason - is just stupidity, and is definitely not in my own best interests.
We can not change the world, nor the people in it, the only thing we can change is ourself!
J_S