your right, i have not read demon yet. thank you for the reminder. im on several publisher lists, get tons of books, and am way behind on reading list. whats your thoughts on R.bookstabbers book ( and i thought i had a bizzaro name)? regards, surf ps. not shallow but reliant on 3rd party information when dealing with someone who has gone direct. the 3rd party reliant actor is certainly at a disadvantage, regardless of what they think.
I thought it was a well-written book. The title is quite appropriate, in my opinion. I think you will agree after reading it.
ok, thank you. looking forward to it. have you read "devil take the hindmost"? first glance seems similar in spirit. surf
I believe the constant reference to the market as random is counter productive. There's very little that's actually random about it. Your limited intelligence/information creates the illusion of randomness. Accept that and maybe you can move on.
Random as a lightning strike? Yes you do not know exactly where it will strike but you will know in what general area. And if you use sophisticated tools you are able to pin-point the lighting strike to very close area. And you are unable to tell where exactly the lightning will strike in one year ahead, but 10 minutes prior there is a better chance. Same mentality applies to trading. Trust me this is the way it works.
no offense, but i thought the randomness created the illusion of information and intelligence. seriously, as unfortunate as the reality is, 99% of us are noise traders without information. if you think otherwise, unless you actually possess real information, you are deluded. surf
It's not about whether I or you possess anything. An eclipse is random to a pre literate cave man. Most traders wear hides. "Damn , IB is down again"
fact: markets are not random, only the people trading them are random. test: surely someone has made a profitable trade here, right? ok then why don't you just keep doing what you did to win and own the world by now? see: most all, really have no solid clue what it takes to make money trading the markets. and: so everyone keeps randomly taking shots trying to replicate the success they once had. all: without completely understanding how they did it in the first place. so: when they fail now all of a sudden "the markets are random". mb
, so all the random imputs ( traders) creates predictable order, is that what the cray computer says?? <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/bSj5tNeKRr8&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/bSj5tNeKRr8&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object>
One man's opinion of his own personal trading environment. What else could he say. It is his truth. He believes it because it is true for him and the way he trades. That doesn't make it true for the rest of us because we don't trade in his environment. We trade charts of markets NOT markets where charts are incidental. The majority of the world KNEW the planet was FLAT until discover proved it wrong. Some died believing that the world was still flat because they never experienced the REAL TRUTH.