"Trade what you see... best chance you have"

Discussion in 'Technical Analysis' started by Scataphagos, Mar 28, 2025.

  1. Trading is so much more in depthful and complex than just basic Technical Analysis, Tracing Lines

    That's like someone jet skiing over the ocean sea lake and claiming they're an expert marine biologist diver geologist.

    Some trading technical analysis will make it out of sheer luck and circumstance ...but that doesn't mean they are a good wise trader
     
    #31     Mar 28, 2025
  2. Handle123

    Handle123

    I use to think like that during losing years and first few profitable years, after that it became easier ONCE you understand it is you against yourself. The systems I made my very first week lacked risk management, reward management and time management.

    Simple patterns, risk small and let the market teach you to move protective stops when backtesting. If you profit for decades makes you a trader. If I was wise, I'd never venture into scalping which I believe reason of bad health.
     
    #32     Mar 28, 2025
  3. Well, Ultimately, if you are able to extract any yield from the market... you are technically a successful trader then, I suppose

    But there's a huge, rather profound, difference on how that is accomplished, understood, refined and approached.
    Some nature birds make a survival living by eyeballing for random scraps. While others have honed their wisdom, understanding and craft

    You can't hunt for the truly big kill if you don't know the terrain, variables, elements, expectations, assumptions, placement, micro macro, positioning, time, landscape, gameplan
     
    Last edited: Mar 28, 2025
    #33     Mar 28, 2025
  4. newwurldmn

    newwurldmn

    read the book on Trump and read the NYT article where they saw his taxes.

    Trump made money in two things: the apprentice and running for president. His real estate businesses are bankrupt (golf courses) or the values he claims are vastly overrated.

    Trump sued the author for libel when the author of the book said he wasn’t worth a billion dollars. Trump lost.

    trumps making all his money on:
    1. Gullible magas buying his made in China hats
    2. Gullible maga HODLERS buying his meme coins
    3. Using the office to get access to private equity deals in exchange for favorable treatment (1789 and Jared kushner)
    4. Proper old fashioned bribery (Trevor Milton)
     
    #34     Mar 31, 2025
  5. Tokenz

    Tokenz

    A lot of people are saying "Oh Trump cheated on his taxes!" But really all he did was use loopholes to save a bunch of money on taxes otherwise they would have already got him for Tax evasion.
    Ok
    And what does this have to do with anything?
    1. Sold hats sounds like a legitamite way to make money to me
    2. It's perfectly legal to make a meme coin to sell, what is anyone doing buying a meme to begin with? All meme coins are gambling, this is nothing new.
    3. Doesn't every president do this? Why don't you name 1 president that doesn't use his position to make money.
    4. I don't know anything about that

    Boy, you need to stay away from the news cause you are just about as gullable as they come
     
    #35     Mar 31, 2025
  6. newwurldmn

    newwurldmn

    I didn’t say he cheated on his taxes, though he took a very aggressive stance on gray areas (he admitted to this). His taxes show that he didn’t make any money until his presidential run.

    The libel trial was significant. The author said Trump wasn’t a billionaire. Trump sued and couldn’t prove in court that the author was lying. This should have been real easy to do. Like you send a tax return or an accountants audited report. He couldn’t do that.

    name one president whose used the office to make money while in office. Many presidents go on book and speech tours after they leave office.

    selling hats is legitimate but it shows that he ran to make money. And he’s continuing it now.

    don’t talk about gullible when you are so ignorant.

     
    #36     Mar 31, 2025
    Frederick Foresight likes this.
  7. Tokenz

    Tokenz

    Oh ok, so what do you think will happen with the markets and economy since this idiot is in office?
     
    #37     Mar 31, 2025
  8. themickey

    themickey

    You can't talk like that! It isn't woke!
    Oh hang on a minute, they got rid of woke, so blast away! :)
     
    #38     Mar 31, 2025
    schizo likes this.
  9. newwurldmn

    newwurldmn

    I don’t know. But 1. He hasn’t shown to be a great businessman. 2. He has proven that a businessman doesn’t necessarily make a good political leader.

    did you read about Trevor Milton? Commited securities fraud as ceo of nikola (electric trucks). Hires Pam bondi’s brother as his attorney and gives 1.5mm to Trump campaign and voila, full pardon.
     
    #39     Mar 31, 2025
  10. schizo

    schizo

    #40     Apr 1, 2025