Why Is The Obvious Not So Obvious?

[SkyChef]

Opportunity is a non-mathematical term for risk & reward.

 

[The Obvious]

I rather thought that the pre-requisite was *opportunity* and that everything else was an ellaboration on that.

No, it's far more fundamental than this.

There are many ways to trade but the overwhelming majority of ways are mediocre. All the mainstream stuff in the public domain (aka "usual tripe") falls into the mediocre category.

Therefore, the #1 pre-requisite, before starting out trading, is to find one of the very few ways which makes GOOD money, otherwise you are consigning yourself to years of frustration and disappointment.

No-one (nysestocks, The Oracle, The Expert, The General) who has discovered one of these GOOD ways is ever going to reveal details. Therefore, you have to try and figure it out for yourself.

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Their generous gift in these threads is telling you what not to waste your time on (TA and other mainstream rubbish). Oh, and that risk management is no use unless you've found one of the GOOD ways.

PS. there are a couple of other similar posts by The Expert worth reading. Search for "mediocre".
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[TVIS]

If anyone wants, I can reveal. For the bigger swing trades, that's pretty obvious.

 

[Ed48]

If anyone wants, I can reveal. For the bigger swing trades, that's pretty obvious.

Yes, I'm always interested to hear different takes on this.

 

[TVIS]

As you see you can easily spot the path, but management is important. (This is the old image)I will post next swing some time later, when it retraces.
When you stumble upon that Obvious, you can make hundreds of good ways

 

[TVIS]

EURUSD will be at 1.02 in a few days. Watch the Obvious happen

 

[TVIS]

If someone needs the Obvious just DM.
Only three people

 

[TVIS]

One of the crazy rides up and down

 

[Raghul]

You dont need to out trade others and there is no holy grail

 

[TVIS]

Okay