Uh hello...that's why you trade technically. All of the bs is fairly disseminated in the last traded price. That is all that matters
The three moves are dominant, non dominant and dominant. Then at that time the market returnes asymptotically to the prior situation to the news. I don't even think Jack believes this. But it ensures his dictionary gets good use... "dominant, non dominant and dominant" - I see he is getting into bondage...
IMO the main reason is they put on trades that have no expectation of profits superior to that of a coin flip. That and they then do things which lose, on average, such as fading strong trends early on, trading on consensus opinion, assuming past performance will continue, entering late in tired & crowded trends, exiting when emotions run high etc.
Assuming you have assimulated Sharks list over time, then you have yourself to contend with... "It can very expensive to try to convince the market that you are right". -Ed Seykota "Those who are able to adapt and change in accord with the enemy and achieve victory are called genuis." -Sun Tzu "We've made 95% of our money on 5% of our trades." Richard Dennis "We see it everyday, people get out as soon as they see a profit." -a friend at a brokerage "Being able to fold a good hand is the sign of a good player." -my kid
You are vertically oriented. I wrote a sentence that had several words in it. I suggested reading it 50 times. What you see is your mind's inference not allowing you to "perceive" the sentence work back from the period. that is where the last move was presented. The third move was presented after the first and second moves which you immediately latched onto from your vertical orientation. Look at traderzones and his active behavior. He is using his first recourse totry to stay in his persona. Knows somethine is disturbing his mental organization. He is NOT going to change his believefs to be able to succeed in making money. To spearate yourself from the vertical belief people you have to do drills that allow your mind to have new inference. The old inference you have stays forever. It has to not be your first recourse, however. "All news has three moves: dominant, non dominant and dominant". Print the sentence alone on a sheet by using a pencil or a ball point pen. circle the three moves. Number the three moves: 1, 2, 3, Letter them as first second and last. Get fifty sheets of paper. repeat the process by hand. Next consider trends. "trends have three moves: dominant, non dominant, and dominant" Get 51 more sheets of paper. On the first sheeet write the sentence. circle the three moves. Label the three moves as 1, 2, and 3. Letter the three moves as: first, second and last. Letter a long three moves as : B2B, 2R, 2B Letter a short three moves as" R2R, 2B, 2B Repeat all of thsi on the remaining 50 sheets by doing what you did on the sheet above. Now you have a beginning of how streets are layed out for driving a car to get from the beginning of a trip to the end of a trip. On trips, you will see traffic signs. The traffic signs of trading a 9 in number. Do you know what a warning sign is? Do you know what a stop sign is? Do you know what a RR crossing sin is? Do you know the shape od a speed limit sign? Reight now in trading toy do not know anyrhging about the nine signs you see ALL the time in trading. think through how your mind is not letting you "read". Find out why you cannot read what someone types and whose mind is full diffrentiated so he is able to trade as if driving a car. Do you see traderzoines and his behavior. I have invited him to meet traders fraom all over the world at their next gloval meeting. I have suggested that these people wear attire suitable to their customs. I am picking up his airfare and accomodations. He gets to talk to some people during a break in their meeting. What he gets is seeing people who make 46,500 dollars trading 40 contracts for 146 minutes in a single turn as part of a day. He WILL NOT CHANGE HIS MIND ABOUT ANYTHING. The reason is that he is way beyond being able to build his mind to be able to take the market's offer. Where are you mentally? you are headed for the exit as far a trading is concerned. You cannot read a sentence that posts the three moves of news or of a trend when they are written in the sentence. Look back at your classmmates in school at some level. Do you remember the ones who did not do the drills to learn? there were lazy people and there were dumb people. they went their ways. Look how traderzones went his way. He cannot see three parts of a trend. He can only see 2 things as pairs. Consecutive pairs in the order of events of market as each unique and different pairs on EVERY BASIS A PAIR CAN BE MEASUERED. Thus, Traderzones' mind is totally fucked. The OCD's here have minds that are totally fucked, too. There are many many ways to trade successfully. All successful traders have minds whose first recourse of their inference is organized to give them perception. Most, as is know, slogged for years and years to get successful. Locals in Tuscon who stated trading in January have banked 50% of new papital fraom profits. They are comounding at 60% a quarter which is an annual rate of 500% for thier firast year. They are building their minds purposefully using drills. They know the last move of a trend is doninnant. reversal>>>>>>>retrace>>>>>>>>>>resumption. Three moves dominant>>>>>>non dominant>>>>>dominant. All fractal are nested in the ration of 3 to 1. Why? the reason is that a trend is THREE moves. Leap ahead of traderzones and the two other T's. Why do we have three OCD T's in ET? It is because I have NLP'ed them to be OCD's. Do the 02 sheets by hand. See if it allows you to read what other write. read nodoji after you have done the 02 sheets. you will get a lot more of what Donna has to say if you do.