Why Is The Obvious Not So Obvious?

It`s not about opinions or experience.I just stated what the Op stated to be the obvious which wasn`t obvious to many.

And yes,you are scalping for ticks,while waiting for a ride.Do you know another method for a daytrading?

"one is going for points"..Everybody does,but Mr.Market often care less where one is going.
 
fordewind said:
It`s not about opinions or experience.I just stated what the Op stated to be the obvious which wasn`t obvious to many.

And yes,you are scalping for ticks,while waiting for a ride.Do you know another method for a daytrading?

"one is going for points"..Everybody does,but Mr.Market often care less where one is going.
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Yes, it is called T.B.T and focuses on a high percentage repeat-ability, and not based mainly on PA or TA.
 
achilles28 said:
The obvious:

it's not about setups. It's about money management. Risk management. Principles. Not setups.
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Fail to Plan and your Plan will Fail. You must have a setup to trade, otherwise your risk management and everything else will just fly out the window. It is how you decide on your setup that will make all the difference. Risk management alone will not make you money, that much is very obvious.
 
Pelt said:
More musings...

What 'the obvious' is NOT, or phrases that are unimportant(to the thread topic itself):
  • Risk Management
  • Position Sizing
  • Capital Requirements
  • Indicators
  • Business Basics
  • Psychology
  • "Manipulation"
  • Level II
  • T&S
  • $PREM
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If we're talking about the topic of the thread, the OP made the distinction between what he considered to be 'the obvious,' and every topic on the above list.

For example, in the very first post, he makes a distinction between "Risk Management" and what he considers to be the obvious.

I don't think anyone is saying that various things may be of importance, but as to the topic of the thread, a lot of things could be ruled out in the first few dozen pages of the thread, based on the context of the discussion.
 
Pelt said:
If we're talking about the topic of the thread, the OP made the distinction between what he considered to be 'the obvious,' and every topic on the above list.

For example, in the very first post, he makes a distinction between "Risk Management" and what he considers to be the obvious.

I don't think anyone is saying that various things may be of importance, but as to the topic of the thread, a lot of things could be ruled out in the first few dozen pages of the thread, based on the context of the discussion.
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I can't believe this awful vague thread is still going.
 
Pelt said:
If we're talking about the topic of the thread, the OP made the distinction between what he considered to be 'the obvious,' and every topic on the above list.

For example, in the very first post, he makes a distinction between "Risk Management" and what he considers to be the obvious.

I don't think anyone is saying that various things may be of importance, but as to the topic of the thread, a lot of things could be ruled out in the first few dozen pages of the thread, based on the context of the discussion.
More...

It really is very simple if you are able to use your brain and not be influenced by the ridiculous and idiotic thinking of other people. Most are attracted to trading by the lure of the "easy money" pushed by the brokers and data vendors. This is the furthest thing from the truth that there is. Why should it be so easy to make money trading, when any other "way" takes a lot of time and effort. It really is a fools game, but only if you are a fool. Everything out there is total and utter rubbish. All you need do is look at how many threads are on this site and other sites like this one. People talking rubbish about things that do not matter one little bit when it comes to making money.

You will only make money when you know what you are doing. You should be able to know not what to do when you start losing (feedback). If you keep doing the same thing and keep losing, then you will always be a fool and always lose, just like the majority who try. It is so obvious that it hits you in the face, but the reasons why so many fail to take notice are many, and most of those reasons are attributed to the brokers and data vendors peddling their wares.

The first step is awareness. Without this the correct path will never be found, that is for certain.
 
algofy said:
Is it too obvious?
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I stumbled across some of your posts near the end of last year, and it appears that you have not yet chosen the correct path. This implies that you have not yet reached the level of required awareness. If I was you, I would make it my business this year to change your attitude and behavior, but that choice is entirely yours and no one else's business.
 
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