Funny how a little sleep helps. Cassie was describing the oscillating action of price and that I should wait to buy at the trough of a wave rather than chasing.
Perhaps I may be of some help. But first permit me to rant. Over this lifetime I have witnessed the absurd progression in the DSM from "psychopathic" to "sociopathic" to "antisocial", as if that linguistic blurring somehow ameliorated the nastiness of the behavior. Now we have MPD progressing to DID. What is next? Entertaining Personality Disorder? They still confuse the hell out of you. As to your own issues, young lady, streetwise Cassandra was advising you in her crude way to look at how price seduces with apparent advances, only to disappoint with retreats, on every time scale significant to the individual human condition. You may get only one Kondradieff wave to trade in your lifetime (if you are lucky), but you have as many as 15 waves a minute if you go to my short life expectancy time scale (I try to stay alive minute-by-minute). I'm not talking Elliott wave hooey here, just simple observation. So if you chose to continue to trade, pick a time frame to specialize in, and as Cassie might say, "Mekkit yo bitch!" Lao Tzu, poor fellow, never had an English-speaking incarnation, so he is hard to follow. What he meant in plain English is "Look at the volume at the retraces where you should be entering." Read Justin Mamis' fabulous book "The Nature of Risk" and you will understand. T.S. Eliot said it well, as he did so many other ways, "McCavity isn't there!" I have my hands full treating a clutch of "DID" characters who trade. One is an obsessive who looks for new systems every day. Another is an inspired algorithnist who codes up that provisional nonsense. Another is a drudge who maintains and optimizes the codes that work. Others with more limited intellect are assigned to watch time frames of one day, ten minutes, five minutes, one minute and one second. Yet another watches the index they depend on. One is the IT person maintianin ght infrastructure. Another monitors financial health. The craziest one reads ET looking for hot tips! This can happen to you if you aren't careful aboiut how you set about trading!
My highschool French will only takes me so far. What does Cunegonde mean? Cune looks to be Latin for wedge. Am I a being called a slice of cake perhaps, akin to "my little cream puff"? Or is it something more bizarre, like "mon petit chou". DM, how is your Latin? Sorry if this is old, but one of my favorite sayings (one that Britney & Paris should adopt as their mantra) is "Semper ubi sub ubi".
It would help if you looked Arouet up to see who he is. And sorry, I edited my previous post by adding a paragraph you might want to read.
My Latin sucks. Learnt that first. Then Russian flushed it. Then German flushed the Russian. Then I discovered la plus belle langue du monde entier and I am now a happy man. But I still work on my English. Rereading the Webster's Collegiate Dictionary from cover to cover for the first time in over 50 years. Pure joy! So many forgotten words applicable to trading that I didn't appreciate at twelve. What could be more delightfully compact than "abulia?"
I had forgotten what he looked like. Poor bastard! Or maybe we should shoot more economists. Looks not unlike me at about 30. I wonder...? But no, that doesn't work. I last died in the Pacific in WWII, time isn't right.
It's early, Qubie. And I am old and forgetful. And I intensely disliked his work. Scared the shit out of me. Had hoped to die before the next big one hit. No such luck. But I grew up around outhouses and well water and cash economy, so I know the drill.