Always, somebody tries this: "so lets put your intuition to the test. Tomorrow, Will the US stock market close lower or higher than todays close." First, it doesn't work that way. I choose neither market or time. It happens when it happens. Second, I'm not out to prove anything other than to myself. What sounds like an infomercial to ya'll is my way of meeting one or two out of a thousand who are working on similar angles. This happens on every forum, some jaded somebody expecting me to start selling something. Lol. And several other unimaginative individuals who can only poke fun at what they are unable to understand. Funny, again, and not my problem. I'm looking for those who understand this already. All the others, ya'll can think what you want. There are stories of Cohen that resemble what I've been doing. The biggest bond trader on Wall Street does it. The biggest oil trader. It doesn't suprise me that daytraders and other grinders don't get this. They prefer to crunch numbers in order to understand a people game. Lol. That's the easiest level of the game, numbers. The really big guys take it to another level. Maybe grinders are grinders because they are unable to take it to the next level. Hmmm. Lol.
Btw, For those who favor practical application over theory and such, I've been trading a $25k account since the middle of last Dec 05. 9 months, quite a few tops and bottoms in Indices, Silver, Copper, and Oil. Currently, account is over $600k. Haven't bothered to measure the drawdowns yet, haven't really had any yet, other than in open profit. Several poker buddies who watched me doing some pretty intuitive stuff at a poker table found out I followed the markets and put some money together. Some 8 months later, and we're all happy! Should the account get to a million, I get a cut and head out on my own. I posted a lot of the stuff I use on the SupportandResistance.com forum under the handle "Retired". A lot of it is "off the wall", but it works. Anyone who is interested in threads like this can read that forum's archives. If you take the time to match posts with market and time, you'll see how accurate it can be. Also, a lot of those threads were a live learning curve process. Really only started doing this last Dec. A lot to learn, but already coming along very fast.
Uh, dude, wolfe guy, this is chit chat. While i'd like to be impressed by your results, its still chit chat. Im a disability pensioner, an expert technician, my method hasnt failed in , like 4 years plus, im not about to suggest i can trade, i actually keep tabs here to establish how bad the expert's are at there job, and trust me, they suck. S_U_C_K. And your results SUCK too , just to put things in perspective. Practical application over theory, MY ASS. Seriously, my butt could trade better than half the guy's here, but this is chit chat , so i'll give you the benifit of the doubt. You are UNDERPERFORMING, even vs a moving AVERAGE.
Soros has a backache whenever a position is about to go against him. Do you have similar physiological reactions? The big guys on "another level" use the same information as everyone else. They just get it faster. Maybe you're suggesting that your intuiton evens the playing field and moves you into their playing field.
You say "nice post". Most of it is stylized monkey gibbrish that can be boiled down to one line. "Trade with the trend".