Why Is The Obvious Not So Obvious?

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

  1. only if u promise to kiss my arse 5 times and then wash ur hair in the bucket of shit:D
     
    #2551     Nov 4, 2011
  2. size is correct

    think about what u are looking at..and how the 1 min bar moves when looking at a chart

    u are not LOOKING at what is actually posted..u must learn to LOOK at what is actually there..the reality..not what u think might be there!

    so..do the third one first..for that is easier than the first..LOOK!!!!!
     
    #2552     Nov 4, 2011
  3. NY..TG..MC..TE..and.........TO :D

    or is TO=RN..damn..now look what B193 has started..going and confusing people..as if trading is not hard enough to master:mad:
     
    #2553     Nov 4, 2011
  4. now looke me..what do i see
    is that a lot..inside the pot:D
    for when u look..into the book
    be sure to see..what makes it be

    BR is right..of course hindsight
    but see it fore..it thru the door
    is not so straight..for those who wait
    open ur eyes..reach for the skies

    and know u this..just like a piss
    can flow so fast..as do big mast
    before u jump..over the hump
    map out ur plan..like one sound man:D

    for those not small..who know it all
    i say to thee..fuk off so be
    for one thing sure..and it so pure
    a fool can win..if keep straight chin

    we help the few..old and the new
    who like to see..what it may be
    so when u think..what in the ink
    there is no bliss..when OBVIOUS:D

    [​IMG]
    5040 4450
     
    #2554     Nov 4, 2011
  5. xburbx

    xburbx

    Question about that chart. Are the generals present? I'm going to take a stab and say yes.
     
    #2555     Nov 4, 2011
  6. Ok, how about Big Size & Color Change?
    I don't have an answer for the first one yet.

    I set my CL (Oil) time & sales to a size filter of 10 the past couple days which I thought was fairly small. I was surprised how few prints there were of 10 or more contracts. Can the big guys disguise their big trades & make them come across as 1,1,1,1,1,1,1,1,1,1 instead of 10?

    If they're able to do that is there still a benefit to time & sales?
     
    #2556     Nov 5, 2011
  7. bogan22

    bogan22

    No. 1 No problems there in my investing. If anything I'm a little to timid. The heat of ST Trading may prove more challenging.
    No. 2 Malcolm Gladwell says 10,000 hours to master, unless you're totally incompetent. I figure I can spare 2 hours per day concentrating on short term trading. Thats 5,000 days, I figure I've got 10,000 days left in my life. Big commitment.
    No. 3 In market, instrument, setup or all three? All makes sense.
    No. 4 Kindness to myself, and others. I've already thought hard about my mission in life so the latter is covered. The former needs some work from time to time.
    :)

    I like that you used the word "when". Getting carried away is a problem I have suffered from when younger, when I used boy thinking, so I've thought long and hard over the years about that one. My thoughts are to concentrate on risk/reward rather than absolute dollars. My investigations show we really need a minimum risk/reward before we can start to be confident we can survive all the market throws at us. I won't increase position size until my minimum criterea is met. And, use a cash not a capital perspective on ST Trading.

    Markets, well, I live in the asia/pacific time zone, so I can catch the last two hours of the NY markets in the morning, alternatively, I can catch the European openings from about 6pm onward. NY and TE, have put forward very valid reasons to concentrate on the big liquid US stocks, but I need to do some homework here. I do feel more comfortable with equity instruments. Need to do some solid planning.

    Thanks for your comments.

    Regards
    The Bogan
     
    #2557     Nov 5, 2011
  8. Beware.

    The CME and some other execution venues can and do aggregate/split transactions before they disseminate them through their market data feeds. The upshot is that the prints on the tape do not always represent individual transactions. When analysing transaction size you need to look at a sample set rather than discrete prints.
     
    #2558     Nov 5, 2011
  9. rossky

    rossky

    TO,

    Is it a valid concern?
    That the line may turn into a blur
    Because of those who like things to stir
    And I will be out so often
    And risk mine will not be that small anymore...
     
    #2559     Nov 5, 2011
  10. Mysteron

    Mysteron

    [​IMG]

    So trend followers probably see the yellow lines, while possibly missing the actions that drive those trends. Also, not marked on the chart I see some periods of exponential recovery where price rises rapidly, then slowing as a level is approached and often followed by a retrace before continuing.

    The two numbers 50.40 and 44.50 are possible high and low targets/levels for the next few days.
     
    #2560     Nov 5, 2011