The M.I.N.D Game

Discussion in 'Chit Chat' started by elite34s, Dec 3, 2007.

  1. however, a breakout needs careful attention to something elite is talking about "Order Flow".
     
    #251     Dec 11, 2007
  2. Thank you alex, and I will succeed.

    As a side note, Mr Bean has just made a laughing stock out of a select group in the front row.

    After 22 laughs, it was time to get up and leave the cinema.

    How many do you think will work this one out ?
     
    #252     Dec 11, 2007

  3. "The animals in the wild, exhibit this trait"

    Animals observe a strict order in their groupings !

    "not in the correct place !"

    wrong order !

    "when you join this group, you will be very limited to what you can do"

    A holy order !
     
    #253     Dec 11, 2007
  4. Doh I said

    Go with the (order) flow. So close but so far :)
     
    #254     Dec 11, 2007
  5. Imagine

    Imagine

    Order Flow - is the measurement of buying and selling pressure.

    Is this the definition you are using?

    thanks
     
    #255     Dec 11, 2007
  6. Yes, understanding Order Flow is a basic necessity for successful trading.

    Can you imagine someone going on holidays, in the sahara desert, and not bringing any sun block !

    This is what trading is like, without fully understanding Order Flow. It will not be very long before you are "burned" alive !
     
    #256     Dec 11, 2007
  7. cd23

    cd23

    My comments were manual trading oriented.

    Actually since I'm assigned to the third row, hoping for a window or to be near the door, I do take notes on your comments.

    Reread them from a manual point of view to understand there is not a slippery slope involved. Big money is not agile; my comments show how agile the retail amateur is able to trade with out the constraints of big money and with the big money pushing positions on the occasions when that is possible.
     
    #257     Dec 11, 2007
  8. I tend to make general statements, so apologies cd23.

    It is very hard for an Elephant to go unnoticed, but a lot of ants, due to their "size", just get trodden on, and it is always safer for them to get behind the Elephants, than in front of them.
     
    #258     Dec 11, 2007
  9. Yes Blowfish, but getting close to a fill, and getting a fill, are not the same either. Limit orders have their place, and should be used when, and as required.

    But, we move too fast, and must slow down as we might confuse the confused.

    I have one more pupil note to post.
     
    #259     Dec 11, 2007
  10. Pupil No.2 Note below. My answer is:

    Before you trade, you must first understand Order Flow, and what happens when The Generals decide to place / adjust some big positions in the market. This is the start of the game, and most players don't even know about it, and they then wonder why it is the market seems to always go against them, very shortly after they are filled.

    Note 2.

    you wrote the following
    The Generals control the majority of liquidity that flows in and out of the financial markets on a daily basis.

    Daytraders and Swingtraders, the majority of whom frequent public forums like ET, are but a drop in the ocean, and if all of them were prevented from trading tomorrow morning, it would have but a minuscule effect on market liquidity.


    thus if i am playing the pink stocks or otcbb where retail is the majority - should i try to gleam the opposite from your thread?

    did not post in the thread for obvious reasosn as everyone would just thrash it and get off track

    thanks

    __________________
    I don't know what I am supposed to know about trading - point me in the right direction please
     
    #260     Dec 11, 2007