What exactly is "Open Mind"?

Discussion in 'Psychology' started by OddTrader, Oct 25, 2014.

  1. Redneck

    Redneck



    Orchestrated price improvement (shtf notwithstanding)


    Once ya work though the noise - it amazing to sit and watch how price is fiddled with - yet the real intent in plain sight

    ==================

    Aside

    Small wonder aspiring traders - working from little more than a fear based perspective - have such a hard time breaking through this shit


    RN
     
    #21     Oct 30, 2014
  2. JTrades

    JTrades

    Is this visible to you on price/volume charts alone, or is market depth / level 2 required?
     
    #22     Oct 31, 2014
  3. Redneck

    Redneck

    JT

    I appreciate your forthrightness

    Many would try and bullshit their way to an answer - which btw any trader with clear eyes can see straight through (for those of you thinking you can)




    I trade price..., volume..., time - only

    Using lines & MTFA

    Nothing else..., nothing special


    It's visible on the chart

    RN
     
    #23     Oct 31, 2014
  4. JTrades

    JTrades

    Thanks, RN.

    Not sure I'm able to distinguish between "natural" price movements and fiddles.
     
    #24     Nov 1, 2014
  5. Redneck

    Redneck


    You ever see where price - just prior to a sizable move (for arguments sake lets say up)

    Acts like its heading up..., but then stops..., and heads down..., then stops..., heads back up

    And it could do this back and forth a few times before ultimately heading up

    Longs are out - and scared

    Shorts are in and hating life


    And there goes price - on its merrily way - up



    This is one form of fiddling

    There are more... and some simply insidious in the amount of fucking with they can do to a trader - before price gets to where it needs to be

    It amazing to watch

    RN
     
    #25     Nov 1, 2014
  6. Handle123

    Handle123

    I am normally detached from reality when I am trading and half way away from trading.

    "To be Open Minded" means to me that I will to best of my ability to take trades my Trading Plans calls for no matter if they look wrong, especially if they look illogically wrong. Hardest thing for me to do is to trade my own rules, you take months of back testing and forming rules, you have to be Open minded that they will work into the future as they behaved in the past, and baby that is so tough to do.

    "To be Open Minded" to be able to take the real scary trades, yesterday I had signal to buy Silver, lost $900 per in 60 seconds, had another signal to buy Silver, lost $1,000 per in seconds/options helped, then within seconds another signal, am like a "deer in headlights feeling", I want to puke feeling, I hit buy market..........recouped all losses and sold puts.

    "To be Open Minded", take all advise given, then test it out on your own so you can understand it in your own ways. You might think someone is a crackpot cause they are completely opposite of what most say, most are wrong though.
     
    #26     Nov 1, 2014
    Zr1Trader and Redneck like this.
  7. Redneck

    Redneck


    We are crazy..., yet not so - me doth think

    :)

    RN
     
    #27     Nov 1, 2014
  8. JTrades

    JTrades

    Okay, yes. I may have factored this in as normal price behaviour.

    I said to myself early on, once price stops surprising me I'll be ready. Not sure if that will turn out to be true or not, and price still does surprise.
     
    #28     Nov 2, 2014
  9. JTrades

    JTrades

    This statement isn't exactly profound, but also kind of is. It sums up the solo learning experience very well.
     
    #29     Nov 2, 2014
  10. Redneck

    Redneck

    Price can certainly do - what ever it wants..., any time it wants (obviously within reason - aka its current context)



    Folks who deny the above - view PA as random

    Folks who are familiar..., yet not quite fully accepting of the above - are sometimes surprised

    Folks who live and breath the above - see the games

    ==================

    Granted I've skipped over many variations from the denial to full acceptance - but you get the drift

    Clearer the eyes - easier to see the intent... along with the games played to cover it up

    RN
     
    #30     Nov 2, 2014
    Handle123 and JTrades like this.