Do most traders even have an edge?

Discussion in 'Psychology' started by empee, Nov 28, 2007.

  1. jjf

    jjf

    Who is Mark and where do we find his posts.

    Thank you elite34s
     
    #81     Dec 6, 2007
  2. henry76

    henry76

    Elite ,

    sorry to sound sceptical but I fail to see any advantage in ticker tape reading rather than plotting prices on a chart???I am an old cynic , but to be honest I don't buy it , I'm sure the source seems reliable to you , that this is niether chance or falsehood ,but this stuff is not for me .
     
    #82     Dec 6, 2007
  3. Sorry jjf, I just can't remember the thread right now, but do a search for ticker tape and you should find it.

    Henry, we will of course never know for sure if Mark is the real thing or not, the same way as many are wondering if I am the real thing or not.

    This should no matter one bit, what should matter is if the words make sense, and I can honestly say that what Mark said, makes perfect sense to be, although, the only thing I am struggling a little with, is the size, meaning 5Ml.

    This is big money, far beyond my reach, but again, just because I can't associate with 5Ml, this in no way means that what Mark said is not true.

    Without proof, all we can do is make a judgement. That will be different for us all.
     
    #83     Dec 6, 2007
  4. Ticker tape reading, or Time of Sales screen, is a daytraders (scalper) lifeline to the markets. It is like an umbilical cord, if it gets cut, the scalper will die.

    It is used to read changes in market momentum. When a trade takes place, the transactions is for so many shares, called the size.

    Reading the changes, in the size, combined with the speed of the changes, and how the spread contracts and expands with the changes in size, is a skill that requires many hrs of practice.

    Master it and you can jump in just as a move is starting, and jump out just as the move is finishing.

    This is the scalpers "edge", and you can't get a better one than it.
     
    #84     Dec 6, 2007
  5. henry76

    henry76

    Elite,

    In justifying your faith in this"Mark " you said we will never know if he is real, and that this was not the point, that is the point, it's the whole point, knowing what works and what doesn't, is again the whole point , the rest my friend is just decoration , and not very pretty decoration at that.
     
    #85     Dec 6, 2007
  6. open

    open

    none of you know anything, and you are wondering who here is real

    you should read what I wrote on pg 13
     
    #86     Dec 6, 2007
  7. Seems like "Illuminated One" is back. Or was it "Infooo", "Insert" or "Chloride". Man there have been just so many from you :)

     
    #87     Dec 6, 2007
  8. open

    open

    nope I am new here
     
    #88     Dec 6, 2007
  9. Hola Open,

    You will need to do a great deal better than that.
    A little attention to detail and a small hint of original thinking would`nt go astray.

    regards
    f9
     
    #89     Dec 7, 2007
  10. open

    open

    what in the world do you know ????

    you automated biological unit

    you slave to your preconceptions

    you pseudo thinker

    you slave of the society

    tell me, hell tell us all, what do you know about trading or yourself or the world
     
    #90     Dec 7, 2007