no..not at all..the obvious is a "pre-requisite" to trading¡!!!
Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
no..not at all..the obvious is a "pre-requisite" to trading¡!!!
the trader must be "aware"..so the trader must know
are we talking about a horizontal or vertical beak? The beak of an eagle or the beak of a tucan or a stork =)NY did speak..with pointed beak
to be aware..one must do stare
before the risk..not set too brisk
avoid the bliss..and use Obvious
the eagle fly..above so high
with vision keep..the pray who sleep
a sudden drop..a sudden pop
the meal is nice..can do it twice
GO not thick..and has big stick
to beat us all..with words so tall
but some do know..that stick is bow
with tune so fine..can catch a dime
then some do say..of words today
the meaning muse..it does confuse
but point be so..that you do know
not take the piss..for Obvious
we can go on..and sing more song
or may there be..a way with key
for that is sure..as virgin pure
to open wide..look deep inside
the water bear..who always dare
to go where no..man ever show
when all is lost..and days are frost
he will survive..keep world alive
so how appear..a thing so queer
with looks so vile..make no one smile
the answer be..it TIME you see
for TIME shows all..and make you tall
GO is back..to break our back
with thorny stick..should do the trick
but this was tried..by those who died
it made no change..the world still strange
the key you see..it just may be
between the ears..behind the tears
to use it right..forget all shite
just look and see..what really BEE
to beat us all..with words so tall
but some do know..that stick is bow
with tune so fine..can catch a dime
then some do say..of words today
the meaning muse..it does confuse
but point be so..that you do know
not take the piss..for Obvious
we can go on..and sing more song
or may there be..a way with key
for that is sure..as virgin pure
to open wide..look deep inside
the water bear..who always dare
to go where no..man ever show
when all is lost..and days are frost
he will survive..keep world alive
so how appear..a thing so queer
with looks so vile..make no one smile
the answer be..it TIME you see
for TIME shows all..and make you tall
GO is back..to break our back
with thorny stick..should do the trick
but this was tried..by those who died
it made no change..the world still strange
the key you see..it just may be
between the ears..behind the tears
to use it right..forget all shite
just look and see..what really BEE
A few guesses for the obvious pre-requisite to success:
a) You have to know what you're actually doing. (How many embark on this pursuit not really having the first clue how to take money from the market?)
b) You have to use a proven approach. (No amount of risk management and position sizing can turn a sow's ear into a silk purse.)
c) You have to be able to identify entries where the odds are in your favour. Where price is more likely, than not, to immediately move in your direction. (It's better if a trade starts off on the right foot showing a profit, rather than going nowhere/sideways or showing a loss.)
I have no idea what the obvious pre-requisite is. I just want to ask you, on what foundations do you build your assumptions? Are you talking about pre-requisite or prequisite? Does this make any difference? =)
So many riddles for which it is often impossible to know what was in mind when stated.
What is obvious to me for trading:
An opportunity is a pre-requisite, a situation that has potential to be exploited for gain, and also of course, a trading method is required ready to be used when an opportunity presents itself.
A successful method is obtained from an initial idea and refined from experience gained.
Secret knowledge known to a select few? There is no such thing as far as I am aware, but those who have faith in the existence for such knowledge will waste precious time seeking it from others, when in fact they should look within themselves for answers.
In the context of recent discussion, the prior days high, low and close are often important levels at which price stalls or hovers around. Whenever price stalls for a while at such a level, often in the period after the market open, eventually price breaks up or cascades down. Similarly, opportunitites exist around market announcements.
What is obvious to me for trading:
An opportunity is a pre-requisite, a situation that has potential to be exploited for gain, and also of course, a trading method is required ready to be used when an opportunity presents itself.
A successful method is obtained from an initial idea and refined from experience gained.
Secret knowledge known to a select few? There is no such thing as far as I am aware, but those who have faith in the existence for such knowledge will waste precious time seeking it from others, when in fact they should look within themselves for answers.
In the context of recent discussion, the prior days high, low and close are often important levels at which price stalls or hovers around. Whenever price stalls for a while at such a level, often in the period after the market open, eventually price breaks up or cascades down. Similarly, opportunitites exist around market announcements.