You are 100% Certain to lose 99% of the time 1/2 the time.

That's not what I'm saying at all. It has nothing to do with "intuition", nor is it limited to "entry points".

If you can draw a straight line . . .
 
dbphoenix said:
Doesn't matter. I've lost count of how many times I've said that a proper price action approach is self-correcting and self-adapting since it by definition has to be. But one may as well be arguing evolution to a pentecostal.

I suggest you shrug your shoulders, heave a big sigh, and go on making your money. That is, after all, what counts, not scoring points on message boards with anonymous strangers.
More...

could you provide me a link to something that explains in more detail what you are talking about? I am interested. Thank you.
 
elcat9091 said:
could you provide me a link to something that explains in more detail what you are talking about? I am interested. Thank you.
More...

Be careful what you ask for.

The "bible" of trading price is Richard Wyckoff's course. But that's over 400pp long. I wrote a distillation of it which is a tenth the length, but that may not be enough detail for you. In any case, I doubt that it would be of much help to you if you're still trading options, though it would of course apply to the underlying.

Much has been written about trading price since then, and I do mean much. But it's all derived from Wyckoff's work, so there's little point in going through all that and paying what can become substantial money when W's work is free. You can read what modern-day traders like Linda Raschke have to say about trading price, but they'll just refer you back to Wyckoff, so why not start there and save the time?
 
On the basis i have historically made good money trading before, stocks swing, options swing, fx and dax intraday, its definately possible.

Only thing that really changes is volatility IMHO, it dropped to low for me the last time, couldnt make enough of the profits to cover the losses and costs in short, then confidence goes to shit and game over.

Taking a break while life calms down at the moment, nearly time to start playing the game again.

Volatility doesnt go, it merely goes to a different market, go with it!
 
dbphoenix said:
Be careful what you ask for.

The "bible" of trading price is Richard Wyckoff's course. But that's over 400pp long. I wrote a distillation of it which is a tenth the length, but that may not be enough detail for you. In any case, I doubt that it would be of much help to you if you're still trading options, though it would of course apply to the underlying.

Much has been written about trading price since then, and I do mean much. But it's all derived from Wyckoff's work, so there's little point in going through all that and paying what can become substantial money when W's work is free. You can read what modern-day traders like Linda Raschke have to say about trading price, but they'll just refer you back to Wyckoff, so why not start there and save the time?
More...

After looking at the link, you are right, I should have been more careful about what I asked for.
 
You must log in or register to reply here.
Back
Top