Guys, do you catch yourself running into dilemma of differentiating between signals of change (flaws) generated by the edge traders and those provided by the market? DBs and DTs come to mind. Any contributions are welcome.
I have accrued monster losses today. The only thing, I still can not understand is , why Jack spends a lot of time reconvincing a bunch of people, who do not give a shit about his system, but at the same is unable to find a minute for the people struggling in this thread. I guess I'm done with this thread. I wish all of you a lot of success, guys... I quit...
Hang in there. We all have highs and lows, and in my opinion, yesterday was one of the most challenging days of the year to date. I found a suggestion by Spyder, to sideline if uncertainty prevails, very helpful, and have no qualms about doing this, for as little as one bar to as many as it takes for clarity to return. I know it sounds like a truism, but the answer is always in the chart, even if not immediately apparent.
Simple differentiation is required to resolve the uncertainty. Just learn to tell the difference between price bars and formations and the Volume and Gaussians which accompany them as well as the context in which it resides. Do this and you should be slaloming through each day banking freakishly huge profits.