Has this Market been bad for Everyone

Discussion in 'Trading' started by Flashboy, Jul 30, 2003.

  1. and you have 1.81 per day... :p
     
    #81     Jul 30, 2003
  2. Brother Scientist, your daily average is not as impressive :D

    -FastTrader
     
    #82     Jul 30, 2003
  3. Besides, probably 10% of them are in this thread... :)
     
    #83     Jul 30, 2003
  4. Problem with looking at "everything" is that you can't do it until you know the individual methods well. You must practice and understand them all individually. Once you can, you can just look at them at a glance, so you can afford much more information inflow to your brain.

    It's like when you're first driving a car. You panic, have to concentrate so much and think you'll never be able to relax doing this...

    Eventually, you can race through suburbia, with a tub of coke on your lap, gearstick in one hand, a pizza in the other, while talking on your mobile phone.

    Regarding contradicting indicators: Well, if you pursue this method of analytical elimination, you'll get to know the co-behaviour of the different indicators very well, and instead of being contradictive, they become coherent and agreeing.

    This way you can create a universal screen that you subject all your trades to before entry, and then trade using your individual most appropriate systems for each situation. This way, you can get a lot more opportunities then when you have just one system.

    One example would be to use CCI for trend trading. Although CCI is, by definition, an oscillator, thus counter-trend, it can be combined with trend trading! The zero-line rejection or slingshot are great ways to confirm better entry into a trend, for example!

    If you want to do this, go step by step - Make sure you don't take in too much information, or you'll literally be "blinded by Science"!


    Good Luck to you, Brother
    ~Scientist
     
    #84     Jul 30, 2003
  5. You are superior to me, TMTrader.

    I bow to you oh my great master! :p


    P.S: Superior by quantity, anyway :cool:
     
    #85     Jul 30, 2003
  6. Fast_Trader, you're just trying to bum your #of posts up!
     
    #86     Jul 30, 2003
  7. In that case, you should be bowing down to me as well :D

    -FastTrader
     
    #87     Jul 30, 2003
  8. No he doesn't. Registered in 2002, but first post was like June 1st this year. LOL
     
    #88     Jul 30, 2003
  9. Except for when someone places 10,000 cars at the market 2 seconds after your long postion was opened...?

    :p

    Natalie
     
    #89     Jul 30, 2003
  10. Oh $hit...they're on to me :eek:

    -FastTrader :D
     
    #90     Jul 30, 2003