Why Is The Obvious Not So Obvious?

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

  1. J Ski

    J Ski

    I have looked at the OEC and Ninjatrader so far.
    Pretty cumbersome. I like the simplicity of
    the ATP, but it would be nice if the price changes would
    be in a streaming format where you can see second by second
    how the prices move and then HOW the candlestick forms.
    I'm watching the forex real time charting and playing the forex on the
    cnbc game, with candlestick charts,it's enlightening.
    I have made some goofs, because I entered the wrong orders,
    since the pairs trade together, and I wanted to go short but forgot
    to check the sell box. Dumb mistakes.
    So the accounts down but I have been more careful.
    Also have not figured the limit and stops yet, but
    I'm practicing for now.
    Not that I want to do forex but it is a good learning tool.

    Oh, the ATP crashes a lot, that's not funny !
     
    #1581     Sep 24, 2011
  2. J Ski

    J Ski

    Finding the bottom of the trend, HELP !!! :(
     
    #1582     Sep 24, 2011
  3. rossky

    rossky

    No one really listens to anyone else, and if you try it for a while you'll see why.
    __- Mignon McLaughlin
     
    #1583     Sep 24, 2011
  4. J Ski

    J Ski

    One thing, if you keep reading this thread is you start to expand your mind into reading some interesting things.
    Mignon's are quite nice. Thanks for posting.

    I did find an obvious recently.
    Simple and obvious. I tried to see if it had
    been queried in Google and didn't get any results.
     
    #1584     Sep 25, 2011
  5. all u need to make money trading is one simple way to place low risk trades with a high % chance of winning..even a child can do it when shown the steps..but try and explain the steps to an adult and it becomes next to impossible

    therein lies the answer to understanding what needs to be done..few will take it on and make sure it happens..most will continue to look towards others to tell them what they must do

    who are the real children..and who are the real adults:D

    TO
     
    #1585     Sep 25, 2011
  6. very observant MN..as the box is always used to save your sox:D
     
    #1586     Sep 25, 2011
  7. for some yes..for others no..as no 2 people will look at a chart and see the same thing!

    if u are in the yes camp..the the chart/s must be your ultimate trading aid..and u must make sure that they make u money..and not lose u money

    there are many books in relation to charts..one is better than the other..and so on and so forth

    the best chart to use..is the one that makes you money..and that is very easy to know:)

    is it not funny how there are so many experts on so many topics when it comes to trading..has it ever occurred to you that maybe..just maybe..it really does not matter..as..

    what will be..will be
    who am i..but a boy
    all i see..is what it be
    care i not..what others tot

    TO
     
    #1587     Sep 25, 2011
  8. J Ski

    J Ski

    "is it not funny how there are so many experts on so many topics when it comes to trading..has it ever occurred to you that maybe..just maybe..it really does not matter..as.."

    Yes, of course.
    Didn't know this before,
    but know it now.
    What I mentioned before,
    with looking at the Forex
    streaming quote, has helped fill in
    the price movement, to understand the mechanics of
    how the candlestick forms.
    It's helped a lot.
    I like the ATP, I understand you don't need the
    fancy charting. I don't have any of the indicators on there, and lately I don't even bother to put the volume on there either.
    Only one thing I would like and that is to have the
    ATP do the streaming, like this:http://www.forex-markets.com/charts.htm
    It will be active when the Forex opens.

    And, the obvious I found I ignored.
    And it cost me a good lesson. Position is ok for,
    now, but seeing the loss, that I could have avoided if I had been looking at the obvious would have given me a better entry.
     
    #1588     Sep 25, 2011
  9. J Ski

    J Ski

    What is the obvious in this chart?

    [​IMG]

    :D :D :D :D :D :D :D
     
    #1589     Sep 25, 2011
  10. #1590     Sep 25, 2011