Why Is The Obvious Not So Obvious?

MrScalper said:
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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TIME or price? o_O
 
ironchef said:
TIME or price? o_O
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both..it pays to be in the right place (price) at the right TIME..but hey..if your head is stuck up your arse from listening to idiotic banana eating monkeys..then..it really won't make one little bit of difference..as..you will be BLIND and FROZEN :)
 
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you ask one thing
then keep to sing
a song so bad
it makes one mad :)

you can not speak
then turn your cheek
for that just show
what little you know :)

before you type
forget the hype
and know for sure
that price is PURE

when TIME is right
act with all might
forget the dopes
who swing on ropes :)

this stupid web
a curse for pleb
as most can't think
what words in ink

so take the leap
delete big heap
for data be
a curse for thee :)

open your mind
be one of kind
no one to blame
but SELF in shame :)
 
Allow me to accept the inevitable, that is if....., it pertains to the task at hand

Why would you expect price to be derived from price, eta even Stephen hawking has all the answers to the universe now

Maybe just maybe we can start from the beginning - I came I saw I went and now I am back or is it possible we start from the end?

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

is fruition something we eat or how we learn to eat? Gentlemen..., and gentleladies....., give it some thought. the answer was always between the ears.

I submit to you I am but a humble man with none of or all of the answers. the choice, as always, is yours.
 
MrScalper said:
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
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sir - with all do respect

- you would get annihilated on a day where the market trends in one direction.
 
ballstaranonymous said:
sir - with all do respect

- you would get annihilated on a day where the market trends in one direction.
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you only get annihilated if you do not react..or..you are relying on "self fulfilling" silly indicators

there are a few basic laws to follow..if ignored..or ignorant to same..then..one might as well be...

"pissing up a rope" :)
 
so this thread has gone quite I hope that it is good news and all active participants are too busy making money to spend time writing:D

Unfortunately that is not true for me, I have spent the last several weeks revisiting everything I have been doing, thinking, assuming about trading as after what happened last year (made a lot of money and then lost as much with interest!) I knew I could not escape this anymore.

so I am slowly coming to term with a few unpleasant realities (IMHO):
  1. I will never be able to predict price direction with any degree of certainty (obvious but hard to accept) no matter how many hours I spend on charts and trading, it simply is not possible since:
  2. Anything can happen at anytime in the market. I think we can all agree on this as I bet each and everyone has experienced an unexpected and sudden (or a slow and treachery) change of price direction that screwed up a well going trade
  3. as a consequence, for me to enter a trade with assumptions or bias will most likely lead to disaster as I will be more inclined to stay in the trade even if price is not doing what I expected.
  4. finally, the easy and obvious one: price can only do one of three things: move up, move down, stop (and move sideways or be range bound).
Now for the hard part, I am working hard to change my trading mindset, change the way I think about trading and find out how to decide, before I enter a trade, where I will have an acceptable confidence that the trade is either working or not.

I know that all the above is probably very basic stuff but after so much time spent to develop the instinct for price/chart reading so that I could avoid bothering about the above, I am back to basics:sneaky:

good trading to all
 
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