After having driven the highways of the USA for decades I can now pretty much predict what every driver I see is going to do. It is pretty much the same for trading with me. I get most of my calls right, just not how far they will go. That is why I scalp.
Deja Vu is a glitch in memory, the thing you have just seen gets 'dated' as an old memory when it was a second ago. Deja Moo on the other hand, we get that on FED days
%% I pay attention to my gut; since it wants to get me out of a trend way, way, way, way, way , way , way, way,to early, that helps. NOT a prediction;if anyone could really predict the market they would own the world, quick-not gonna happen.That DR that wrote that. is above average in some ways. Good points
mmm, there's more to that equation. There is pre-sense such as not getting into a drama filled relationship because one has seen the warning signs, and post-sense which only evaluates sense in the past by new information in the now making what was sense in the past into nonsense by the new standard. Sense, nonSense, preSense, postSense all exist in Presence which is a function of being a spiritual being having a human experience. So the s -> c -> t makes presence into present. SCT, also known as seamless continuous trading,... sounds about right. edit: pre-sense otherwise known as judgement post-sense otherwise known as 20/20 hindsight
I did not learn that at school. I went to school as people told me that that would make sense. When I saw it was nonsense I quit. It was before we learned about pre- and after sense... So I missed that one.
And, bottom line: No. To borrow from B1S2, "position/risk management is the only edge." When (back in the day) I had great days calling the market, they tended to run together. And when I had nasty, gnarly, *grindy* days in the market, where every trade was a PITA , those days ran together, too. What I've concluded was that my success was driven by the accident that my market outlook happened to coincide with the eventual market outcomes -- the speed of agendas, the frequency/cycling of channels through the day, the degree of reaction to headlines/sentiment initiators -- it all *happened* to match the market's. And when it didn't , it didn't. "Best be cool about it, and have good risk control." In the meantime (no longer tick-scalping...), I've discovered the ATR as a Go/No-Go meter. I highly recommend it. Just pose, "Where is the ATR when I'm successful; where when I'm not?" Cheers!