Is Trading Just Guessing?

Discussion in 'Risk Management' started by macattack, Oct 7, 2011.

  1. ocean5

    ocean5

    ''We will simply share a common enriching experience examining most of the ancient civilizations''

    In India you`ll experience this feeling.There (south mostly,nowadays-Vaishnava Sampraday)you`ll be able to see the anciest, the holiest people on Earth.Feel Kurukshetra - do not forget the lessons of the ancient war.
     
    #131     Mar 1, 2012
  2. ocean5

    ocean5

    "If you neglect doing the proof, at least explain to yourself how a person much smarter than me (yourself) cannot even figure out how to use his personal potential to go way beyond me."

    This person could be beyond me.I think I can't explain it to myself, but I always felt that I was smarter then others,but life proved me wrong every time.

    --------------------

    I'm sorry ,off topic.Just a fly flew and out of my window...
     
    #132     Mar 1, 2012
  3. Paddler

    Paddler

    Fool, I don't use fine tools to counter whatever your perceived problem of whatever hypothesis. I am at very fast fractal and they help me to SEE coming and going on turns.

    Come on, you have read so much about JHM for so many years, probably longer than me. Yet you still end up as an empty vessel. Why? Your farking brain is as stubborn as a mule. Have you done beginner's bar to bar EOB MADA with logging for 5 days of charts? Probably not. Seriously, you are not qualified to argue with P1.

    What is the point to argue about JHM that you disbelieve and refuse to do the work? Why not you talk about something work for you?
     
    #133     Mar 2, 2012
  4. As we know, there are so many different elements when it comes to trading. One can call them educated guesses, one can call them gut feelings, dependent on your stance in these different markets.

    Also, many would call it a numbers game. There are so many different levels, support and resistance numbers, ranges in which the market is trading, the highs and lows of the day etc.

    Although we can call trading "guessing", I just think that even though one might be "guessing" entering these markets, there are others who use different elements of the markets to "guess" which trade they should or should not take.
     
    #135     Mar 5, 2012
  5. I think the kid was a litlle delusional when he paid for the trading course that promised to teach you how to know what the markets are going to do, and after paying for it and reading it he discovered that even the pros don't know for sure.
     
    #136     Mar 5, 2012
  6. you are not on anything and you don't see anything cause there ain't nothing to see, the turns you see you are not acting upon because by now you should have already figured out that without knowing the order of events in advance nothing will make money, - you don't know the order of events because as thousands of charts posted by hershey follwers and todd himself you people are farking clueless what comes next the next day based on your own annotations........... and if none of you is capable of anticipating what comes next on 5 m fractal when you are placed in the real time ( today is passed and tomorrow;s open is yet to happen as it would with pre flight check), -- who do you think you are kidding, child when you talk about finer tools.

    child, stop this nonsense. anybody with half the brain can see that the argument is circular and none of you can correctly anticipate the order of events

    you are gonna say you can, cause you are a child and nobody takes you seriously here or at home or in school, - so the only place you want to appear to be worth anything is anonymous ET board.

    Which is exatly the reason why both jack and todd posted here for a long time
     
    #137     Mar 6, 2012
  7. ocean5

    ocean5

    and i like small tits!

    :D
     
    #138     Mar 6, 2012
  8. rknas

    rknas

    There aren't many things worthwhile which are definitive. There is an element of uncertainty with most events. Trading is no different.
     
    #139     Mar 7, 2012
  9. ammo

    ammo

    marlboro is running in the 5th race at 3/1,he's the fave on a muddy track,he has won 8 out of the last ten in same conditions,camel light is also running at 30/1,he has won 2 out of the last ten,both his wins came against marlboro on a muddy track,its your job to pick up on that,the 8 losses were on a dry track,you play the odds,if you learn enough ways to read the market ,the more info helps up to a point til you get analysis paralysis and back off,its always a gamble,you try to increase your odds and manage your losses,eventually,you are good with the info and the odds,it takes time and you dont have to trade much,when the odds are working and you are in a trade that you have waited to setup,you learn to ride it,difference between gambling and trading,in gambling a $500 bet is all or none if not parlayed,in trading,you can dump the $500 bet for a minus $10 and wait for another setup,just gambling with a cheat sheet,or an out,it's up to how you manage a trade/bet
     
    #140     Mar 7, 2012