Sir...do HF's use a cover tactic of light volume buying/selling over time, on certain battle fields (ES), to manipulate PA thus giving one impression before springing a trap, hoping to get an advantage over their enemy by superior position? In other words Sir...can they or do they move around the battlefield at all times during the day, possibly unrecognized for who they actually are, by skillfully covering their tracks?
This thread degraded the moment he opened his mouth. All this person can do is stagger around with his GI Joe plastic infantry unit and his delusion to be a trader. Too bad he only trades baseball cards. The closest he ever got to being a general was in the general store. His stuff does not even make for light reading. But meanwhile, his delusion rambles on and on and on. Meanwhile, he sits in his mom's basement reading Beetle Bailey cartoons and getting worked up over Miss Buxley
You've just made a mockery out of, Charles Darwin. Are you a throwback? I just hope you never go on to procreate. God help us all with your neanderthal genetics. Hopefully, nature will average your sorts out. Dackster.
How do you reconcile your comments here with the use of charts? ALL prices on a chart are "past data." Even the latest tick is "past data" by the time it reaches your screen. One can't use charts and also rationally dismiss backtesting because both use past data... only backtesting is more objective. And the purpose of backtesting is not to "predict future data." As William Eckhardt (the one who you plagiarized in another thread) said, it's to "validate conjectures concerning technical trading."
I personally like this thread as it is very entertaining and informative in different disciplines. But for those who aren't quick with the metaphors, and require plain vanilla examples, consider reading: The Day Trader's Survival Guide: How to Be Consistently Profitable in Short-Term Markets: by Christopher A. Farrell It explains differences between specialists and market makers as well as the various market maker tricks and ways to trick the MMs. Much of the content in this thread thus far is covered in that book, but the book explains it on the civilian level. I will be reading this thread on a consistent basis. Good stuff for those who may be interested in this form of trading and extremely creative! With respect, -Topher
As mentioned ProfLogic- The terrain is littered with AP devices and without the adequate intelligence many limbs will be lost. Discipline is good-but not if you are doing things wrong. Observation is good-but not if you are looking at the wrong things. PA is what it is-most will look and see what they want to see-few will look and see who is seeing what they want to see. Of course-if you are surviving to fight another battle-and you have accumulated extra ammunition from the black body bags-then that is fine-for you may well have "internal intelligence" due to good training-or many battles-either way-you are surviving and advancing to the next battlefield to take out the enemy-which is the purpose of strategic warfare. The General
E-8 FS (First Sergeant) LEAPup- The diamond will give you the required confidence to move on. There are but two smart bombs that we need to have at hand-one is shaped like a Valley-the other will not be mentioned for now-as it can be Open to Interpretation-but really can mean only one of two things. All the other devices have fuzzy fuses-and we do not want those in our smart bomb arsenal as they are liable to explode without warning-and kill us at any time. The General