I'm so confused. The most obvious thing i can think of is: "the trend is your friend", but that's guru speak so that's not the answer. It's been said trading is gambling which implies money management is the key. It's been suggested look at the posted charts, study the whale tracks, that the only tool one needs is a mirror. I thought THE answer was one thing . Sounds like 3 different ares to me. Maybe i should be studying the chart with a mirror. I suppose anything is possible at this point. I don't know if this is a price action hunt or a lesson in know thyself. Interesting and enjoyable thread but i think my time may be better spent studying my charts. Maybe that's the lesson. I'm not sure i'll ever know the obvious but i'm not so sure it's necessary to make $$. I'm just venting i suppose.. nevermind ..
just as a heads up, something i have learned about trading. don't get frustrated and don't put a time stamp on when you will become profitable. i am not profitable yet in a consistent manner but when i first started i told myself i was going to make it as a trader in 1year, then 2 years, then 3 etc. After the 3rd, I realized it is either going to happen or not but putting your "when i make it" time on it will discourage you. it did for me at first, but now i dont care. the only two ways guarantee the fact you wont make it is to either quit or run out of money. other than that you always can improve. hopefully that helps and keeps you from getting frustrated.
Just rereading the TE thread about TA and here is a question that I would doubt would be directly answered but I thought I would toss it out there. "So, the question now is HOW do The Generals operate in the market, for, we can clearly see what they are looking at, but, we must now be able to see when they START to react to price levels that they consider IMPORTANT." My only guess or thing I have been able to notice is possible STOP-Running areas.
The points the true GENERALS consider IMPORTANT for ENTRY and for exits or reverse,there is quite a fucking DISTANCE in between!!!TE or TO or KO or whatever bullshiters,these morons have no fooking clue what they speak of!!!
Although both charts seem to have the same "set-up" (the close on M. vs the open on T.); YUM moved, but INTC only slightly (especially compared to the jump it made on W.) I'm confused about the volatility measurements, which might hold a key to their reactions. TO speaks of ADR; Achilles mentions VIX. The VIX I could find relates to all stocks and ADR is not a standard on my software or online free charts. TO; can I use ATR as well and would you have traded YUM rather than INTC? (or: Did you know on M / T. morning YUM would move more? Thanks, Onra
"Why is The Obvious Not So Obvious?" Thats the question but what is curious to me is why so many apparently try guess instead of solving the puzzle by reasoning first and then stating the answer. Its a solvable problem. Maybe this will provide an insight: http://www.youtube.com/watch?v=U40uzc1kak0&feature=related
I'll answer your concern. Let's assume that you would, in the future, consider methodically building your mind by repetition of a routine while following a system of learning the markets. Inference builds in your mind and it forms a Swiss cheese spectrum. Your mind goes to work and you know this from questions that appear. Your mind is focussing on the holes in the Swiss cheese. It is in-filling inferences after inference so a fully differentiated spectrum results. You know this has happened because finite math applies to markets and the one to one matching of the sensing set is matched completely one on one with the inference set. In this process an intermediate level of skill and expertise question comes up. There are never negatives in either set above. I have shown you, in your mind, the mind skipping negatives. We could look at Shalman Khan and list the inference missing in his relative to mathematics and autism. There are not many autistic people here. The question that comes from your mind: When is the obvious not so obvious? Answer: When your mind is not able to put a set of inferences into a differentiating spectrum. All the people I listed also have this stumbling block. There are two things to incorporate into the repetition work required; both are obvious but no one sees them. 1. Replace continuing the use of up/down with left/right. 2. Recognize an entry and exit are identical but just opposites in left and right (You dropped the up/down already, so don't read my requirement of you as an up/downer.). Using this recognition begin to do decisions and timely action as hold and reverse. A subset of Q's that will arrive is how to differentiate a retrace from a reversal at each's inception. Slowly mull through what prevented you from not seeing these obvious things and using them instead of what you presently have as stumbling blocks. LOL.... I used a negative to make my point of your seeing these obvious things. To see and understand why Khan should have known before hand why an autistic child or anyone who is autistic would immediately succeed at doing drills in math, begin to read and understand how Temple Grandlin got her PhD as an autistic person. I had the pleasure of teaching for ten years. Never gave a lecture or a "lesson". Never wasted time in class having tests taken (they were done at home or in the dorm) My average 100% sample pre/post shift in SAT scores was 123 points. I answered questions in class posed by students who designed their own homework. That's all. All they saw every day was a mind doing critical thinking. They ALWAYS finished the year's work by end of February. Then they could study whatever they wanted. They didn't choose the maths on Khan's list. He never, as yet, asked anyone what they wanted to study. So a trend begins and ends at the same point of inference. Your work of repetition has just been cut in half. An OB is ALWAYS two points in a pattern....lol...... There is only one pattern. Why is it not obvious that there is only one pattern in the markets? LOL ..... the negative again. Answer: everyone has the same additional stumbling block: you use time and have continued to do so when you MUST substitute events for time. The market operates on an Order Of Events only. Don't fall down on the slippery ice .........LOL.......