Why Is The Obvious Not So Obvious?

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

  1. is there any low risk entries on this chart?

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    #2101     Oct 21, 2011
  2. xburbx

    xburbx

    the obvious hindsight answer is an uptrend line break from yesterdays low
     
    #2102     Oct 21, 2011
  3. xburbx

    xburbx

    more specific
     
    #2103     Oct 21, 2011
  4. There are third one.Velocity is not speed.It is not because you`ve said that!Ok,i believe you!!!
     
    #2104     Oct 21, 2011
  5. baron193

    baron193

    Ahh well it has to get bigger somehow, and since we're playing games...
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    #2105     Oct 21, 2011
  6. baron193

    baron193

    and another..
    [​IMG]
     
    #2106     Oct 21, 2011
  7. I already tried that. I'm not quite inexperienced enough where that will work. It would work in chop where I suck, but not for the entire day. I'm actually correct sometimes.

    The only problem with chop that is I don't realize I'm in chop until it's too late. Sometimes I think I miss the forest for the trees.

    It would've sure worked when I began trading though, always looking to sell an uptrend & buy a downtrend. The brain behaves in mysterious ways.

    Next week I'm all about low-risk entries & avoiding the chop. It makes sense that that is about all that matters really.
     
    #2107     Oct 21, 2011
  8. baron193

    baron193

    I played it six times yesterday, the only time i lost is when i held on after a few profitable trades because i got bored.
     
    #2108     Oct 21, 2011
  9. xburbx

    xburbx

    how big was the loss and how big were the wins?
     
    #2109     Oct 21, 2011
  10. Redneck

    Redneck

    Not nearly enough XB

    Print it out and study it... from several angles if need be, even upside down

    1000 Yard stare will blind a person to the obvious

    RN
     
    #2110     Oct 21, 2011