Why Is The Obvious Not So Obvious?

View attachment 178392

forget the book,
unveil the peeps,
to watch where the buzzy bee flies,

:)

the bee will fly
high up in sky
tis not his eyes
that finds the prize

the scent is sweet
just like a sweet
he follows nose
instead of toes

down he fly
from up in sky
as he get near
his eyes do cheer

straight in he goes
from head to toes
is covered all
by being so small

then out he fall
not fly as tall
and back to hive
so bees can thrive

the secret see
is busy bee
by being so small
he grows so tall

to think like bee
one has to see
the chaff from wheat
make honey sweet :)
 
Why Is The Obvious Not So Obvious?

I have read thru some of the recent and distant posts in this section, and have come to the conclusion that; the obvious is not so obvious to many!

There appears to be a lot of textbook information being thrown around, especially in relation to position sizing and risk management.

What every trader has to realise, is that all the risk management and position sizing techniques in the world are of no use what so ever, unless the trader is aware of the obvious pre-requisite to trading any market.

It will be very interesting to see what answers the many traders come up with for the obvious, those with little and lots of experience alike!

You don't know what you don't know.
 
If I don't know how do I know what I don't know?

As Mr Ripley said !!!!!!!

Sometimes you are better off not knowing what you think you must know..as..why on Earth would you want to know anything that is not going to be of any real value to you..and..if it was of any real value..no one is going to share it that easily with someone else..just because they ask!!

As Donald said.."the unknown unknowns" :)
 
As Mr Ripley said !!!!!!!

Sometimes you are better off not knowing what you think you must know..as..why on Earth would you want to know anything that is not going to be of any real value to you..and..if it was of any real value..no one is going to share it that easily with someone else..just because they ask!!

As Donald said.."the unknown unknowns" :)
I get it, but how do I know it is not going to be of real value?

Like chart reading, I still don't know what I don't know and whether it is just pure chance/luck rather than skills that got me results?

And finally, you are talking about the Donald R that I knew, not the Donald T that I don't know?

In all seriousness, reviewing my results since 2013, I should be happy but as you said many times: Is is luck or skill? If I have to guess, it is pure luck. I was just riding on the coattail of the SPX bull since 2013 and any idiot can make money. I am taking profits scaling out for I don't want to be a real idiot in a year or two.

Thank you for everything and best to you sir.
 
I get it, but how do I know it is not going to be of real value?

Like chart reading, I still don't know what I don't know and whether it is just pure chance/luck rather than skills that got me results?

And finally, you are talking about the Donald R that I knew, not the Donald T that I don't know?

In all seriousness, reviewing my results since 2013, I should be happy but as you said many times: Is is luck or skill? If I have to guess, it is pure luck. I was just riding on the coattail of the SPX bull since 2013 and any idiot can make money. I am taking profits scaling out for I don't want to be a real idiot in a year or two.

Thank you for everything and best to you sir.

The biggest problem that one has to overcome is all the bullshit and crap..as like in all other walks of life..it is everywhere..from the idiot working in a job that thinks he owns the place..to the silly religious leaders that tell more lies than anyone!

So..back to the only thing that really matters.. speculation..your mind is full of idiotic and ridiculous things that have nothing at all to do with making money..and more importantly..being able to hold on to it!

This is due to nothing more than ignorance..meaning.. you are ignorant to the information that matters most..so..the best way..or even..the only way..to educate yourself is by making it your business to seek out and discover what is "actually" required to speculate effectively.

I will tell you now..it has nothing to do with understanding Gann..Fibs..Elliot..or any other silly and ridiculous take on the markets..they are all "distractors"..and do nothing but keep you ignorant..which of course..is what the pick and shovel sellers love :)

Charts..the chart never lies..it is the fools looking at the charts that lie to themselves..why..well..we have covered that already.. ignorance !!!!!!!

Price can do but 3 things..move up..move down..or move sideways..nothing else matters..so..when you look at the charts.. instead of thinking about all the silly and ridiculous things..just have a look to see what price is actually doing.. only then will you be able to even consider effective speculation!

It really is as smple as ABC..but..the majority take it to XYZ..and we all know the resulting stats :)
 
Why Is The Obvious Not So Obvious?

B/C it`s tough to find!

The best place to hide something is right under someone's nose :)

There is a brilliant war film called The Pianist..based on a true story..well worth watching..at one stage The Pianist had to be hidden away for several months..locked in so no one could enter the room but the people who occasionally brought him some food.

Where do you think they hid The Pianist ?

IMG_20171018_234057.jpg
 
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