Why Is The Obvious Not So Obvious?

Vindago said:
Very true indeed, but... you first need to make sure what is up and what is down and ...what is the middle point.
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it really is very easy..providing..you have adequate cash..loads of experience with winning and losing trades..are not the gullible type..understand percentages..understand OHLC..and most importantly..know from all of the above what is the best TIME to enter and best TIME to exit..oh yes..we must not forget to mention..that.. different markets behave differently..so..no good trying to make a silk purse out of a sow's ear :)
 
fbmbirds said:
Im new to the investing game and have 100k capital to use for day trading. how long will it take until I lose it all?
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you are having a laugh..or just plain stupid..which is it?

let us see what might happen!

give us a market..any market..a brief overview of your approach..your risk management..your targets..and your timeframe

should take you bout 5 min if you have done your research properly..or..i hope you haven't been visiting the ZOO lately :)
 
MrScalper said:
it really should not matter what way it goes..but..as you are a self professed buy and hold guy..then it does matter to you if the market falls

nothing wrong with buy and hold once you don't get greedy like most do..and lock in those profits when you have them

some find it much better..and have a good nights sleep every night..by just waiting for the market to open..see where it is actually going..and jump in and out at the right TIME
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True, there are underlying I hold for years and indeed 2000-03, 2008-09 were very painful. :banghead:

How do I get a good night's sleep if I jump in and out of the market at the wrong TIME? o_O
 
ironchef said:
True, there are underlying I hold for years and indeed 2000-03, 2008-09 were very painful. :banghead:

How do I get a good night's sleep if I jump in and out of the market at the wrong TIME? o_O
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if you do something wrong and keep on doing it..then..your head is not clear

this can be due to many reasons..but the main one is always the same for everyone..it being..ignorance

in order to move on in a positive way..one first has to accept the reality of the situation..and the first step..is..to stop listening and wasting time with dumb ass idiots who know everything about nothing

it is very easy to know who is a dumb ass idiot..for..they all spit out the same old rubbish..such as..price will go here..go there..my edge is bla bla bla..did you read what such and such said..

they are all dopes..idiots..fools.. banana eating monkeys..and..anyone with half a brain should easily be able to work out that making money investing or trading..has absolutely nothing to do with predictions..and has everything to do with common sense and the ability to be able to free your mind of convoluted bullshit.. from whatever quater

it really is very simple to know the right time..use your brain :)
 
MrScalper said:
if you do something wrong and keep on doing it..then..your head is not clear

this can be due to many reasons..but the main one is always the same for everyone..it being..ignorance

in order to move on in a positive way..one first has to accept the reality of the situation..and the first step..is..to stop listening and wasting time with dumb ass idiots who know everything about nothing

it is very easy to know who is a dumb ass idiot..for..they all spit out the same old rubbish..such as..price will go here..go there..my edge is bla bla bla..did you read what such and such said..

they are all dopes..idiots..fools.. banana eating monkeys..and..anyone with half a brain should easily be able to work out that making money investing or trading..has absolutely nothing to do with predictions..and has everything to do with common sense and the ability to be able to free your mind of convoluted bullshit.. from whatever quater

it really is very simple to know the right time..use your brain :)
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You have opened my mind sir. I think I will change my investing strategy to match this mindset.
 
fbmbirds said:
You have opened my mind sir. I think I will change my investing strategy to match this mindset.
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the golden rule is...NEVER put all of your eggs in one basket..did you see the film about the Madoff thief..his sidekick even set up a false reporting programme to fool the sec officials when they were investigating the books..there is no end to what thiefs will get up to

it is always the same old story..greed and fear..greed will get you into trouble.. guaranteed..and fear will stop you from getting out of trouble!!!

ignore every idiot under the sun.. especially those who talk big..think about this..if you can have a very comfortable life making $500 a day..why would you need to risk everything to make loads of money..it doesn't make sense..but..how many people are really sensible :)

if you can't use Excel..then i suggest you learn..it will literally save you a fortune by doing the simple sums for you automatically..do not rely on your whims..bad mistake..either take it seriously or just forget it all together and keep your money for your grandchildren..or charity..or whatever way you end up in life

the hardest part is seeing all the banana eating monkeys for what they really are..once understood..the journey is as simple as ABC :)
 
Sirs, I am alas back. A couple things if I may....., eta please allow me


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a trade is only as good as it currently sits - why the heck would you allow the market to ever go against you

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but sir, it can't not go straight in its intended direction. why the heck not? ponder that.

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give me a whet paper bag and i'll trade myself out of it........, if it makes me money



never forget....., but always remember all trades are derived from the top or bottom...., when she's ready to move,,,,she will move.


oh and btw, I wonder just when would you expect price to move into the groove, either before during or - after it finishes or before it begins? I just wonder.



- Just a few musing from a simple man
 
ballstaranonymous said:
Sirs, I am alas back. A couple things if I may....., eta please allow me


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a trade is only as good as it currently sits - why the heck would you allow the market to ever go against you

-----------------------------

but sir, it can't not go straight in its intended direction. why the heck not? ponder that.

------------------------------

give me a whet paper bag and i'll trade myself out of it........, if it makes me money



never forget....., but always remember all trades are derived from the top or bottom...., when she's ready to move,,,,she will move.


oh and btw, I wonder just when would you expect price to move into the groove, either before during or - after it finishes or before it begins? I just wonder.



- Just a few musing from a simple man
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it all depends on where price is now..relative to where it has been..if one decides to use daily bars..then..one has to accept just that..daily moves

for some silly reason..most seem to ignore TIME..as if it does not matter..like the P&F gurus..bunch of idiots..imagine covering one of your eyes when driving.. not a good idea :)

getting back to intraday..as many ways as you like..but..if one decides to start shooting in the middle of the field..then one is open to return fire from either end..a risky strategy indeed!!!

so what happens if one starts firing from one end of the field..well..at least one hasn't to worry about fire from both sides now..and can watch the closest end more closely :)

who is this RN btw..a real nuisance :)
 
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