Is it a stretch to say you are working backwards in figuring your trading out? Start with what the ideal trade should look like and the see what leads to that trade? Example - if the beat trades in your plan are trend days that jump quickly out of the gates, then start from the top and work down a to when those days usually happen?
Yes, working backwards is smart. Isolating only those conditions under which you outperform is smart. Like I mentioned, this isn't THE answer. But it is A answer (one way to skin a cat). What we're talking about is filters. When to take trades, when to stay out. The grail that TE, TO, and Scooby are referring to is an "always in" strategy. Or in 95%+ of the time.
I looked at the stumbling block the following have in common: snakeye, XEC10 rossky oracle baron193 macattack and xburbx The Salman Khan video, at several points, tells you what he does not know as well. His stumbling block is the same as those already mentioned. The stumbling block is NOT involved with trade management which happens to be a myth as you are NOT going to find out. The stumbling bock is that none of you know how to build a fully differentiated mind, and, therefore, none of you have fully differentiated minds for trading to take the full offer of the market. Here is the simply way to understand that your minds are NOT differentiated. A preliminary is that you just do not know anything about which I am speaking. The more serious comment on this was told to you by Khan @ 13:20 or thereabouts when he mentioned the "swiss cheese gaps" people have presently in their knowledge of maths. Being fully differentiated means for every ,oment of the market you have a one and only one relationship of what you sense (eyes and sound, etc..) and a specific one and only one specific "inference" coming to mind at that specific moment. LOL.... there are NO..... mist opportunities ..... LOL mist is the humourly twisting of missed to take the place of "lost." You have only one job....... biuld you mind with all the inferences required toto have it fully differentiated for always making the one on one match automatically. this is a match of sensing and inference to always have PERCEPTION. I have spoken and you will not do what is required of you and it has already beem explained to you here and elsewhere. walk safely across the slippery ice. I am not telling you: Don't fall down on the ice...... See? No perceive the markets. you just cannot percieve the markets. Learn to get the inference you need as long term memory to be able to perceive the markets. You all need to shut up and begin the work process.
Jack,where to ignore the OB case,in what circumstances?The previous ES` down leg had 5 OBs(12min frame) and only 2 was valid.
I found it a truly odd sensation. I had been fighting the market and myself for quite a while. When it finally began to click I was quite troubled and used to sit at my desk thinking 'That can't be it. It's too simple.' I imagine it was akin in some miniscule way to what Einstein must have felt when he discovered that the mind bending concept of mass-energy equivalence could be boiled down to simply E=mc². The answers are hidden in plain sight. You just have to ask yourself the right questions to find them. I am not being a sanctimonious twat here. I genuinely believe that working the answers out for yourself will help you accept them as truth and hence trade them profitably. These days I find that I struggle to get my head around the fact that not everybody can see what is now obvious to me. It is like Edgar Rubin's famous vase/face optical illusion. When you first look at it you can see only a vase. Once you see the faces then you wonder why you couldn't see them before.