Why Is The Obvious Not So Obvious?

Turned a chart on its side as I have done many times, and thought I saw something teetering on its edge looking like it wanted to tip over. Surely just seeing ghosts again.
 
It is a good read. You will recognize a lot. Onra: It was not the reading, but the applying that definitively gave my break through.

GO
 
odlareg said:
It is a good read. You will recognize a lot. Onra: It was not the reading, but the applying that definitively gave my break through.

GO
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If my memory isn't too hazy - the essence of his method was simply to trade breakouts of boxes, i.e., stocks that were consolidating and trading the breakout of the range.

Further, as he became really succesful doing this part-time he eventually became a pro-trader with an office on Wall Street and failed miserably as he started second guessing himself (based on rumors and talk) AND started micro-managing his trades instead of simply letting them run like he used to do. He became successful again when he quit 'pro-trading' and got back to doing it part-time.

Did I miss anything?

Out of the hundreds of books I read where most were a waste I remember this as one of the good ones. I'd love to re-read it soon.
 
Buy when market buys & sell when market sells. That’s the obvious.
Of course being obvious does not mean it’s easy to implement because there will be even more questions being asked. And tradings are much easier than teaching people to trade, except frauds who found teaching people to trade is easier than trading themselves.
Good luck. You are half way there.
 
odlareg said:
Once I read the Darvas book. It helped me a lot to find how things really work and what you need to do to make money consistently. It is the answer to the obvious.
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Yep, the Darvas method still makes a lot of sense.

Although Darvas was a longer term trader. Not sure if it would work with daytrading.
 
personally..every book - except one of course :) - i have bought..along with every course..are all erased from my mind..as too much does way too little..when it comes to taking some money from others

at the moment..there is an opportunity to take some money each and every day..few days..or few weeks..all depends on how much time is available to you

of course..every market does not operate the same..so as the saying goes..

"you can't make a silk purse..out of a sow's ear"
:)
 
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