The EPIC sharing thread: What are you willing to share?

Discussion in 'Trading' started by Simples, Oct 5, 2016.

  1. Simples

    Simples

    What kind of trading experiences and knowledge are you not willing to share, and what are you willing to do share?

    Being firmly break-even and long-only trader my inputs probably often cause more confusion than clarity.
    However, this guy seems to share something of true value:



    PS. Please resist urge to share what's shared here on other forums, so as to contain any sharing.
     
  2. speedo

    speedo

    Be careful of reading too much in divergence in just one time frame and in strong trends, they can become meaningless.
     
    Simples likes this.
  3. I agree; Trading...is part art, part science :confused::sneaky:...the moment traders realize that, and see the whole overall picture of things...the better they'll be off.

    Traders get in trouble, or prone to trouble, when they have a square... linear ...black or white mind only.
     
  4. Simples

    Simples

    He does use multiple timeframe analysis to filter out much of this though.
     
  5. A single timeframe analysis is a keyhole view, limited.
     
    Simples likes this.
  6. birzos

    birzos

    There are so many combinations of everything it really doesn't matter what people share, it's so embedded in their view of how it works it's more or less meaningless to other people. If you take those morsels over a decade or two you might some up with something tangible, but that's a big might.

    The strategists are starting to broadcast their algorithm which tracks high probability entry and exit points across instruments, but if I told you what those highs and lows meant you would go 'huh', then you would think about it a bit and go that kind of makes sense, then would ignore it as it doesn't fit with anyones view of the world and go on your merry way. And that's all assuming someone actually asks an intelligent question that's worth answering.
     
    Simples likes this.
  7. Simples

    Simples

    It's Okay. You can also share what you don't want to share, and why ;)
    I think most people try to avoid hitting highs and lows though. Trading in direction of order flow seems good and safe enough.
     
  8. speedo

    speedo

    In a single time frame, it may appear to be a reversal. A higher time frame often shows that simply a retrace is occurring and the best trade is setting up in the same direction.
     
  9. birzos

    birzos

    And as I said "someone actually asks an intelligent question" so they instead ask indirect questions to elicit the information. But there's the good old fashioned saying, you don't ask you don't get, and the reason people don't ask.

    Because they don't want to look stupid in case the answer is smarter than their knowledge, if they elicit the information then 'they' can never be wrong, being smart to hide stupidity. Actually it's survival instinct, never showing their hand but never winning the jackpot, they will almost always fold or take the marginal gains before showdown.
     
    Last edited: Oct 6, 2016
  10. You don't know that though, could be a retrace or full reversal, just because in a higher timeframe theres potential support, does not mean it will hold, hence the word potential.

    Statistically speaking, I agree that most small timeframes trends against higher timeframe well established trends end being retraces and not reversals but there are no absolutes in trading.
     
    #10     Oct 6, 2016