padutrader, Are you the only person in the world who understands the market's perfectly? If so, I assume you only have wins and no loss trades, correct? All bullshit aside, stop or considering stopping using the word perfect when it comes to understanding markets before you mislead an aspiring trader to become a perfect trader. No such thing when dealing in a business of uncertainty and probability.
it is possible but there is hard work and time and a cost.....i have spent 20 years to perfect it and it has cost me roughly 300000 usd. who is willing to travel that long road in search of perfection! who is willing to learn all the rubbish and THEN unlearn it! i traveled it because i wanted to understand markets-not only make money. there is a logic to market movements and it is no big secret. markets move in search of liquidity - buyers and sellers- so it will move towards highs and then lows because that is where liquidity is. if you trade and put stops above highs and lows,the market will come for them because it needs liquidity. people cry of stop running but is it the fault of the [speeding] train, if you stand in front of it? if you want to understand market movements think think think differently and not like the crap you see in books and from guru's mouths. i am not saying it is easy to be perfect and have, as you said, no losses....no losing trades
the markets do not play with dice. you think Goldman Sachs with their billions are going to allow the uncertainty and probabilities to mess with their activities? sellers WILL sell at higher levels and buyer WILL buy at lower levels:this is certain, there is no uncertainty and there is 100% probability that will happen if you want to think in terms of probability the only thing you as trader wants to figure out is at what higher level, exactly ,the sellers will come. many times, if you observe the market, you will see the sellers come in many say buy on correction but if there are sellers at any level,at a higher level, they will , as sure as, day follows night, come back happier and more enthusiastic than before: so be sure the correction is a weak one the market repeats.....it took me 20 years to know it, see it...trade it. believe it and look for it-that is what i did ! even though they told me it was impossible,that markets are driven by uncertainty and probability and randomness and chaos.
Even the best setups fail. There is no such thing as 100% accuracy. That is fact. Thomas Bulkowski analzyed the different chart patterns and a lot of them are at 51% or 52% accuracy. Imagine what would happen to you if you have a trading model with 70% accuracy and you think you are untouchable until, you get hit with losing trades. Reality will sink in fast. And if you do not have any risk management, your road to ruin is guaranteed!
You are a total nutcase, that is for sure. The only serious question I have for you is this: are you in any way related to Rodrigo Duterte?
padutrader, I appreciate your market prespective. Do you mind sharing why your obeservation took 20 years? Was it bad habits or bad teaching?