couldn't you say aggressiveness is what matters? for example, if a stock is down, the sellers were more aggressive. what that means is, the sellers were more willing to sell at lower and lower prices. the buyers were not aggressive at buying the low prices.
i didn't mean to make this into a point of debate- simply that probability is a man made concept. the odds for all events that actually happen are 100%. the odds for all events that never happen are 0%. there is no true middle ground except in our heads.
Breakout: Did you make some money for Granny today? Seriously, how was your day today with the new mindset? -Eric
Hey, can't blame a brother for trying With respect for Rs7 I will reply on the Voodoo thread PEACE and good trading, Commisso
Excellent idea....since we hardly scratched the surface on that thread Hey both of you guys...dark and commisso...I feel hard pressed to come up with a new thread to evolve back to right and wrong, good and evil, and the powers that affect the universe...but stay tuned, I will think of something! Peace and Good Trading Unto All My Brothers and Sisters in the Eternal Struggle Against the Evildoers (specialists) and their Cohorts (lawyers, accountants, politicians, and witch doctors) RS7 (aka: The Fool With Good Intentions)
Yes, curious myself.....did it have any effect at all? I don't necessarily mean that you should measure by loss or profit. Did you feel a different sense of control? That was my hope. Best of luck, and I really hope that I may have contributed some good for someone. Hope it was you. Or even better, you among others! RS7
I can't help but asking you something RS. How come you wrote what to me, as well apparently as to many others, a very interesting, and I thought wise and informative post to start this thread. Then you saw it evolve into some pretty weird stuff. Not just made weird by others who took it in different directions, but weird also in some of what you said in the later posts. Now on this last post that I quote from, you get back to what sounds like a sincere inquiry as to the subject, and if it helped anyone. So my question is; how come you can be concise and lucid and then get off on unintelligible far fetched and unprovable and pretty much un-debatable doubletalk? What does flipping coins have to do with discipline? What difference would it make if the coin toss were to prove you wrong? What if 10 times in a row the result were tails on the tenth flip? How would any of this in any way relate to what you called "successful trading"? Are you and darkhorse and commisso and some of the other more senior members of ET all sitting in one room together just making guys like me that are interested in learning from experienced traders crazy and confused? What do you get out of all this? I hope these questions aren't taken with offense. None intended. I just am trying to get a handle on what to expect to get out of reading the posts on this site (which was highly suggested by an experienced guy I work with). I am pretty new to trading, and I have just so much time in the day. I want to feel I am spending the time wisely. It is more interesting to spend time on this site than on say nasdaq.com, or briefing.com, and the like. But is there value to it? Other than entertainment? I know you guys have a lot of experience. I guess my main question is do I have to go through all the mistakes like most people say I will, or can I learn faster from reading all this. Will this get me to my goal of making money any faster? I wish I were able to know if you guys are just amusing yourselves or if you really are trying to explore what trading is about and share your knowledge. I read Darkhorses stuff, and he is so much more lyrical or whatever than I could ever hope to be. I sometimes feel like I am either too dumb to understand, or too uneducated. Am I just insecure? Are these guys that much smarter? How can so many of you guys be so knowledgeable in so many areas? Commisso too seems like some kind of guy that would have been on one of those 1950's quiz shows (like the movie). How come you guys don't go on jeopardy? And no offense, but RS, you seem to know the most about trading. Or at least have experienced a lot. But you don't seem to have that much to say about the other stuff in the threads you started. You did the superstition one too. Seems like you start them, and then keep them alive by just making a comment here and there. But it seems like the other guys really do the talking. Is there some kind of format that is common in all the threads? Should i just read the first page and last page of each thread? Wow. I didn't realize how long this got. Sorry. I guess I ended up not just asking a question like I said I was going to. But I would like to know what you guys thing about the value of these posts. Thank in advance, Outlaw