Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. The secret is in the recognition of high probability areas with low or even no heat not in what must be done.

    I could care less about the philosophical aspects of it.

    Crazy A
     
    #1461     Sep 5, 2011
  2. J Ski

    J Ski

    What makes you a better trader?
    Just having someone tell you what to do, or
    training you to start thinking in ways that you weren't able to.
    A catalyst. For some I'm sure.
    I'm a little thick,the veils lifting.
     
    #1462     Sep 5, 2011
  3. ----------

    Wrong. there are a lot of secret codes in the charts, you just have to find them.
    Magicans like me know how to read that codes and turn them into profit.

    So try again.
     
    #1463     Sep 5, 2011
  4. The Obvious i think is to go with the flow and enter on pullbacks.
     
    #1464     Sep 6, 2011
  5. J Ski

    J Ski

    Shit I see it happen afterwards.
    This is frustrating me.
    I'm seeing it and not seeing it.
    Game started early, guess I wasn't paying attention.
     
    #1465     Sep 6, 2011
  6. Quote Tracker is one of the best software packages for daytrading setup

    however..for someone starting out all one needs is access to live charts for one stock..remember!!

    IG index has just launched new java charts and they are very good..their spreads are a bit wider for certain instruments but overall their system if the most stable and their company the safest to have your money with for CFD or SB account

    in summary..one does not need all the bells and whistles at first when learning the ropes..4 screens will help to set up multiple charts as having to switch between windows can cost you money if you need to make a quick decision on entry / exit

    there are no hard and fast rules that must be followed..only 1 golden rule..and that is..never risk too much on any one trade..for if you do you might just end up one sorry bastard:)

    the hardest part of trading is understanding that 99.999% of what is out there is all bullshit and does nothing but confuse and distract you from what you need to do in order to make money..

    be prepared to put in the required time to gain the required experiences..never give your money to idiots who will gladly take it..and make a simple plan to learn a lot in 6-12 months with about $2-3K..forget about all the idiots who speak about massive gains in a short period..

    learn what is required and you can then sit down and make some money whenever you feel like it..not when you have to make it:D

    TO
     
    #1466     Sep 6, 2011
  7. you at least picked the right name:D
     
    #1467     Sep 6, 2011
  8. you do not need range bars on a 5 min chart..all you need to know is that the stock you are trading is likely to move at least 50 cent..when you get a bit of experience you will be able to narrow down the movements to certain TIMES:D

    the ADR should be at least 50 cent..the higher the ADR the more erratic the movements can be..

    WRB's are followed by NRB's

    NRB's are followed by WRB's

    all stocks are driven by news..some more than others

    never take advice from anyone as the odds are they know absolutely nothing about what they are talking about..some of us already accept that we know nothing about anything..and thus are able to capitalize on what others think they know:D
     
    #1468     Sep 6, 2011
  9. NY do know..when to show
    for now he be..in hiding see
    the reason clear..for those who cheer
    but all the blind..are of one kind:D

    easy it be..to spot all ye
    yere ink do show..what not you know
    the like of so..always be slow
    for head so thick..like plank not stick:D

    the name shows all..and how so small
    for mind not hide..what is inside
    so when you see..silly nick like thee
    do giggle so..just like TO:D
     
    #1469     Sep 6, 2011
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    #1470     Sep 6, 2011