For my trades yes, my directional bets require I BLASH or SHABL to be profitable. The trick is to figure out what and when is low and high. Back to chart reading for me.
MrScalper, is this true for experience traders, or is it the other way around?
Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
MrScalper, is this true for experience traders, or is it the other way around?
the reason be
it YOU..not me
to know the same
is hardest game
VO did make
mistake with cake
no slice he got
although he swot
the golden rule
is not be fool
to make it so
must not be slow
again with force
i must enforce
the charts not lie
so open EYE
for thousandth time
but there 3 chime
when dong is loud
forget the crowd
remember that
a mouse and cat
is but a game
so make it same
so free your mind
be one of kind
never give ear
to those who cheer
to make it real
must never steal
be kind to few
have less than you
it YOU..not me
to know the same
is hardest game
VO did make
mistake with cake
no slice he got
although he swot
the golden rule
is not be fool
to make it so
must not be slow
again with force
i must enforce
the charts not lie
so open EYE
for thousandth time
but there 3 chime
when dong is loud
forget the crowd
remember that
a mouse and cat
is but a game
so make it same
so free your mind
be one of kind
never give ear
to those who cheer
to make it real
must never steal
be kind to few
have less than you
Thank you. I was hoping for a simple straightforward answer, not another difficult to understand poem.the reason be
it YOU..not me
to know the same
is hardest game
VO did make
mistake with cake
no slice he got
although he swot
the golden rule
is not be fool
to make it so
must not be slow
again with force
i must enforce
the charts not lie
so open EYE
for thousandth time
but there 3 chime
when dong is loud
forget the crowd
remember that
a mouse and cat
is but a game
so make it same
so free your mind
be one of kind
never give ear
to those who cheer
to make it real
must never steal
be kind to few
have less than you
But:
I will take it to heart.Happy Thanksgiving to you.
Thank you. I was hoping for a simple straightforward answer, not another difficult to understand poem.
But:
Happy Thanksgiving to you.
just for once then
you do not need to know what is high or low..more rubbish like the buddhist gurus and inspirators
what you do need to know..like VO..
..is that if you are silly enough to hold on to a losing position..when the chart is showing you that price is now going against you..then you will be very sorry..and start thinking about silly and ridiculous things that have absolutely nothing to do with making money tradingalso..we are all the same..very few can make it from the start..i once sat in front of screen and saw over $9k disappear in front of my eyes with ES options that were making good money..all i can say is..at the time i hadn't a clue..which was obvious
if you can not discipline yourself into closing losing trades WHEN the chart tells you to do so..then. FORGET IT..you will just keep on the merry go round for years on end..making piddly piss and just wasting valuable time
remember..99.99% are as thick as 10 planks put together..just make sure you don't become one of them
major levels..what is important is what price actually does when it approaches same..not what you think it might do
Got it.just for once then
you do not need to know what is high or low..more rubbish like the buddhist gurus and inspirators
what you do need to know..like VO..
also..we are all the same..very few can make it from the start..i once sat in front of screen and saw over $9k disappear in front of my eyes with ES options that were making good money..all i can say is..at the time i hadn't a clue..which was obvious
if you can not discipline yourself into closing losing trades WHEN the chart tells you to do so..then. FORGET IT..you will just keep on the merry go round for years on end..making piddly piss and just wasting valuable time
remember..99.99% are as thick as 10 planks put together..just make sure you don't become one of them
major levels..what is important is what price actually does when it approaches same..not what you think it might do
I assure you I am getting there, that is, if you are interested in knowing if all your posts are doing any good or are wasted.
do not get too deep into things that do not affect the bottom line..first rule is capital preservation above all else..why.. simple.. without it you have no money to learn the required experiences
life does not change..it is the perceptions that change..watch the nature programs on national geographic.. especially the ones about the African wildlife and how they survive..it can really help you understand what you need to really understand if you want to survive in the big financial jungle
once you look after the bottom line..next step is achievable results..you very rarely see a lion attacking a big male wilderbeast..too risky..instead they single out the weak ones.. much less risky and far greater chance of a kill
so..what is achievable
yes..but when is the real question
it is very easy to know actually..and..what comes down can suddenly stop coming down and go back up again..one of the biggest mistakes that most make is trying to guess..when a cheetah races off after it's prey it does not guess what way it will turn..it follows it as it turns..by using it's tail as a rudder..if it guessed it would be extinct centuries ago
yes..but when is the real question
it is very easy to know actually..and..what comes down can suddenly stop coming down and go back up again..one of the biggest mistakes that most make is trying to guess..when a cheetah races off after it's prey it does not guess what way it will turn..it follows it as it turns..by using it's tail as a rudder..if it guessed it would be extinct centuries ago
i have a simple trading philosophy.
buy stuff moving up and always keep in mind that momentum wanes the longer that time progresses