Why Is The Obvious Not So Obvious?

macattack,

i agree with what you had mentioned above.
I did spent sometime searching what is the obvious they are talking about....but I give it up because it makes no sense to find out how other people trade...I better spend the time to figure out how I take $$ out of the market....

Frankly, till now I have no clue about all the charts that TO has posted...but I must thank him for pointing out a direction for me...

I am remember something mentioned by NoDoji...everyone was saying shit stuff about Al Brooks' book...but NoDoji said, she doesn't care if the author is a really trading or not......more important is the information offer help her in one way or another.

"No matter if it is a white cat or a black cat; as long as it can catch mice, it is a good cat. .... Mao Zedong (1893 – 1976)

There are many thing TO and RN said that I do not understand...especially those rhymes(I hate those)...

But never forget rule no.1 .....this is applicable not just to trading..even in everyday life.

Lastly, in my youth I used to work in the turf club...some old man told me the same thing..it is a mug's game.....

 

All ex post fructo, Jack.

 

Jack, trading is like pussy tickling. You are not the market. And you don't have a pussy. You go with the flow, and you definitely do not say, "Hold on, hon. I have to annotate." Note taking, annotation, hysterical records, are all hallmarks of a weak trader who doesn't trust himself to go with the flow. At the end of my trading day, do you know what I do? Turn the fucking chart off. Go spend the money. Get drunk. Get off. Get ready to be amazed by tomorrow's action. In trading, if it is not patently obvious to you what is going on without reference to history, you are not one with the market. Do you know that I can diddle a pussy for as long as the market is open? I have trained all ten fingers and both big toes to wiggle in sequence and never get tired. As long as I feed them champagne.

 

Damn MAC, busting on ole TO and I


Good to see you’re using critical thinking, clear eyes, and common sense

Which has been one of the overriding themes here all along

Keep it up

=======================================

Fact – my entire trading repertoire was simply me reading other’s stuff, then piecing together my own

Fact – I only became profitable once I took complete ownership of it – which included not listening to others

I can guarantee you, and everyone else reading this – you will only become profitable once;

You piece together your own trading methodology/ approach
You stop listening to others (including me)
You take complete control of your methodology/ approach (all of it)

================================


You and RN can’t be the only 2 traders in the world that don’t write rubbish


I completely agree with you…., in fact there are a few traders on this site; who post, and have posted – very good stuff

And I’ve never said otherwise


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Do I think people who read this are stuck in the same loop


I have no idea…

Most don’t post questions – so I can only assume they either know how to trade, and are simply getting entertainment… or are too reluctant to ask questions


413,057 views, with only 3198 posts as I write this – you do the math

==============================
Aside;

I try to answer every question I’m asked – straight up…, the problem is the one asking the question, more times than not, doesn’t like the answer…

And I be damned if I’m going to argue with them

You ask, I’ll answer, not my problem if you don’t like the answer…

Because the bottom line is; each of us must figure out what works for us – then do it (I’ll repeat; THEN DO IT)


In my case, I’ve built my entire belief system, and my entire trading approach around one simple concept

The mkt is uncertain

I believe that way, I trade that way, and consequently what ever trading crap I spout is geared that way

So don’t come bitchin to me if you’re looking for certainty and I have none to give… or you’re looking for the way YOU should be trading – and I don’t have the answer….

=======================================




Now OTOH

Shall we point some common sense and clears eyes your way


You’ve said before you know how to trade and don’t need this thread…., but yet you persist in coming back

Hell you’ve even questioned my use of Sir – politeness really that foreign of a concept


And this very post of yours is so passive aggressive toward TO and I – it ain’t even funny

Then of course you ask for the pwd...w/ a smiley no less



Look I really don’t question, or care about your motives… either you’re profitable, or you’re not

I simply ask that you get on one side of the fence…. or the other


======================================================

For the record

I’ve already stated the absolute bottom line for profitable trading – in this thread – and in no uncertain terms

Do it.. or don’t do it… either way it won’t affect me one iota….

So obviously now, there is nothing more I can do..., or post – is there


Also for the record; best you read this post matter of factly… any other way and you’re injecting some sort of emotion that simply doesn’t exist on my part


Be up to TO whether you get the pwd..., or not – his chart..., his method..., his hard work

RN

 

RN,

thanks for sharing and pointing the direction.
I agree we all have to find our way on our own....

 

no..why..cause it will not benefit u at this stage

actually..TO is considering to not post any more charts of videos..it just so happens that TO's latest hard work is turning out to be far better than he imagined..and..it would be just plain damn silly to give it away..especially to people who do not understand what is involved in progressing at trading

u must learn to read between the lines..everything u do should be for UR benefit..fuk everyone else..and if that means using other people..if u want to call it that..to stimulate ur mind..so that u can come up with some new idea that is beneficial..then just do it

others may also benefit in the process..but..if they do it will be up to them solely..not TO or RN..or even JH himself

to advance in trading..u need to get the fukin lead out of ur pants..cop the fuk on reading bullshit about nothing of value..and put in the hard work to find out what works for YOU..and what does not

so MK..do u see what a kind of a bollox TO really is..but..TO is just a little pussy cat compared to the fukin bastards that run these markets

as RN keeps saying..go figure

i will be keeping a record of my development/testing/progress..screenshots and videos..and may post some of it later..or may not..it all depends on how i feel..and what people post

posting will be curtailed for now..have some serious work to start on now as excel file is now complete..so..advice for others..should u care to accept it..is..trade what u see..not what u think u see

TO

btw..please feel free to call TO a bastard if u like..for TO takes no offense at such names..in fact..it makes him smile..as it means he is getting closer to the real bastards

 

RN..must say..u always have the right answers

TO has met many traders over the years..and..as of now..there are but 2 that have been able to show TO that they know what it is they speak about..and RN is one of them..the other..well..lets just say he does not post on silly websites anymore

pity we live in different parts of the world..but maybe some day..who knows

keep kickin ass

TO

 

phew away for a week and struggling to get through the JH nonsense, don't they have an ignore button on ET?

Re: below, i see the offer being hit and refreshing so maybe an iceberg order is in play but volume so low unless it is ETH.

Bids are increasing but not being hit, so someone is making the bid look heavy whilst absorbing all offers ie potential couple ticks down it might go.

assuming volume is coded green for mkt buys and red for mkt sells

My untrained eye can sometimes spot this activity but only with much greater volume.

 

Hi RN,

Your posts are appreciated, incisive and to the point.

However , looking at your last post I just have to clarify something as I think you may have confused an old post of mine with those of MK, then again maybe you are referring to something MK did say, I'm not sure. I won't try to find my old post but I think last year I sensed wrongly that this thread was drying up and that it had served its purpose for me at least, and said something along the lines that I wouldn't post here again on the grounds that I felt I had gained everything that I needed to know.

Note the last point 'everything that I needed to know', does not imply that I think I know everything or anything at all, just that a point had been reached when the trawling for information had ended. Instead the focus was to be on what I was doing when trading, to monitor and correct. Once the trading method had been decided, implementing it was at times a problem because there is no one looking over my shoulder to point out my mistakes or confirm my correct behaviour. Once there is confidence in the overall trading method, I believe that learning to behave correctly in the face of uncertainty is the key to making it in this game, and that learning process requires practice.

Its clear to me that if trading isn't going well, that repeatedly changing the method, charting tools, broker, looking outwards for books, courses and scouring the internet forums for free trading info just is not the answer. Its a natural thing to do and most will go through that process to an extent before either giving up or looking inwards for answers.

Looking inwards for answers, what does it mean? For me it means monitoring what I am doing, observing myself to see how well I follow the plan as if I was watching someone else. Just looking at the trading account in the short term for increases isn't right because bad trading behaviour can lead to gains, only to find that an entire month of gains are wiped out in one day due to the same behaviour, one of my own distant experiences in fact. Making money and hanging on to it are the aim. That can only happen consistently in the long term if the trading actions each day are correct in some sense. Really, trading should be easy as there are only a few actions to get right. Some things that I monitored to determine where problems occur:

1 What initiated the trade, what did you see?
2 Trade direction long, short how is it correlated with stock and index movement?
3 Was the target eventually hit or not?
4 Was the stop hit or not?
5 When was the entry made, what did you actually do?
6 When was the exit made, what did you actually do?
7 Was the trade size correct?

The above are some general points for anyone to consider, not really seeking advice for myself, just stating an approach I found useful. They may seem trivial but getting the details of trade behaviour and timing correct through practice is surely the thing to focus on, and account growth should follow as a consequence.

So why do I bother to visit this thread, when I feel that I'm on the right track? Its a good question, what is the point? There are no other sites that I post on at the moment. One reason is that its good to hear the views of other traders and this is my only means of doing so, even if those views conflict with mine or concern trading methods that I don't use. Curiosity and learning are ever present.

RN, as for Sir, I can see that you use the term literally as a politeness. I recall many years ago watching a stand up commedian making a wise crack about someone calling him Sir, but spelled cur. I made a similar wise crack a while back - apologies.

 

I'm reversing long on bar 3 and 4.