Why Is The Obvious Not So Obvious?

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

  1. well ML..here is the updated chart..and..what matters most is what actually happens..not what others do..so..all that crap with OI and volume..does it really matter

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    TO is just trying to show others what TFF have seen..and..what others do with such is up to them..but rest assured..if others make or lose money..it will not be due to TFF..or anyone else for that matter..it will be due to what others do..and when they do it:)

    what matters most when trading?..besides the No.1..which we all know by now is a given..right:D

    TO

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    is there anything OBVIOUS u can see on the chart

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    #2991     Jul 3, 2012
  2. ML..relax..TO did not take it that u implied lying..that was aimed at others who post things but do not show/explain what it is all about..for..that is about as much use as a french letter in a whorehouse:D

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    like the smiley..btw:)

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    TO
     
    #2992     Jul 3, 2012
  3. if TO had cancelled lmt order and switched from long put..to long call..what long call should TO have bought..and why

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    TO

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    #2993     Jul 3, 2012
  4. Ok TO no more rubbish about volume and OI :)

    What matters most when trading? Keep your losses smal and never be afraid to lose :D

    Obvious on the chart - the box between 1355 and 1360 :) Initially you thought it will break down from the box but later wanted to switch to break above the box.

    And my losing trade of the day -
    Entered long 100 T at 40.06 thinking the low has been tested and it will rise. Stop at 39.85 (slightly below prior day resistance). It stalled and started moving down. Even though I wanted to exit as it was clear to me it was bad timing, I let it be to see what transpires. The fuckers ran it down slightly below my stop before bouncing :D

    Lessons learned - a) Bad timing/judgement b) Don't wait for stop loss to hit if there is evidence early.
     
    #2994     Jul 3, 2012
  5. Well in hind sight I would say Jul 06 1375 call as it offered the best risk/reward ratio :D

    Wow, now we are past 500 pages (under default settings) - I pity any soul trying to read this thread end to end ... but maybe not :)

    Off topic TO I have couple of questions:
    1. Why does MC charge for training!
    2. Is socrates related to TFF and his threads worth reading?

    Very much appreciate your take on it.
     
    #2995     Jul 3, 2012
  6. bogan22

    bogan22

    Yes, been wondering that myself for a while now.

    Keep up the good work MK.

    Cheers
    Bogan22
     
    #2996     Jul 4, 2012
  7. bogan22

    bogan22

    hahaha :D good to know other people make these mistakes as well.

    You seem to have a life outside of trading. Or, is that the product of not having a life for many years whilst learning?

    Cheers
    Bogan22
     
    #2997     Jul 4, 2012
  8. with the day we have..posts are allowed:D

    post a link to MC charging and TO will look at it..might be some nice words to say:)

    as for socrates..the only thing i know is that i know nothing at all:D

    yes..hindsight is always easy..but is shows that u can learn from looking at what might have been..do u see what i mean:D

    once we didn't go below the 1365 call we were OK..but how do u see this in a fast moving market:)

    TO
     
    #2998     Jul 4, 2012
  9. NO......keeping risk and losses small are a perquisite for profits..and is the no.1 rule..but u can keep ur losses as small as u want and u might still never make any money!

    so what matters most when u are trading?

    u are right about the box ML..but there is something else which is very important..look at the 2 trades and see if u can see what it is:D

    TO
     
    #2999     Jul 4, 2012
  10. well B22..there is much more to life than trading..what idiot wants to be sitting in front of computer screens all day..when u can be out walking the dog and looking at the birds:D

    goal is..not to become one of the few..but to not become one of the many :)

    btw..it is not MK..it is ML..MK is macattack:D

    TO

    btw..ignore the idiots who only post winners..and no losers..for odds are they are losing much more than they are winning..which is the wrong way round..of course:D
     
    #3000     Jul 4, 2012