Why Is The Obvious Not So Obvious?

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

  1. J_Smith

    J_Smith

    They are very real, and the ES is their "tabernacle", so beware the curse for all who dare to enter:)

    BLASH & SHABL were uttered by the wise old hermit - he is wise for a reason!

    While most analogies are meaningless, some are very important.

    Like poles repel - unlike poles attract !

    How do you attract profits ?

    Attract losses first?

    J_S
     
    #4141     Oct 1, 2015
  2. achilles28

    achilles28

    Okay. Im gunna think outside the box here... forgive the pun. Time is but movement......time is but movement of price? the importance is what happens during this "movement"? IOW, what is most important is what happens during this time..... so what price does in a given time period. anyhow.
     
    #4142     Oct 1, 2015
  3. J_Smith

    J_Smith

    A very simple question, for anyone who has studied TA, as most who have tried have studied it at some stage.

    What are your 3 basic charts to use when trading, and i don't mean particular time as in 1 min, 3 min, etc..I mean in strategy context.

    J_S
     
    #4143     Oct 1, 2015
  4. J_Smith

    J_Smith

    There is always more than 1 price moving in any given timeframe, is there not!

    J_S
     
    #4144     Oct 1, 2015
  5. achilles28

    achilles28

    Tabernacle lol . So you are one....

    I know this strategy. Tony Crabel related. But those are range days. Selling highs on trend days gets expensive and not advisable.

    This is a mind bender, but interesting. take losses to attract profits? average down?
     
    #4145     Oct 1, 2015
  6. achilles28

    achilles28

    you mean what do i look for? what patterns or setups I use? i use daily highs and lows for range days/reversal plays. for trend days, gauge market direction based on new extremes made, expect continuation and get in on pullbacks. and literally use price levels if i wanna catch breakouts via pyramiding.
     
    #4146     Oct 1, 2015
  7. J_Smith

    J_Smith

    No, but I wish I was in their little circle, as they make more money in a week than most make in their liftime - it is called wealth transfer, and is a closed shop for all but the elite few.

    Barristers and professors are similiar, but on a much smaller scale - they are like mice compared to the elephants :)

    Normal strategies do not work all the time, no strategy does - but that does not mean one can not perfect their own strategy based on historical facts.

    J_S
     
    #4147     Oct 1, 2015
  8. achilles28

    achilles28

    you mean other markets? other instruments moving in the same time window?
     
    #4148     Oct 1, 2015
  9. J_Smith

    J_Smith

    No, I mean what I asked..not being smart, but you have to read everything you see correctly - we are not in the pew, remember :)

    A hint...

    T
    S
    T

    aka..TST charting

    J_S
     
    #4149     Oct 1, 2015
  10. achilles28

    achilles28

    ok. so by historical facts..... are we back to cycles? repetitive cycles? timed cycles re the chart u posted earlier?

    so if you know, then why aren't you part of the circle? if you know, and trade along with them, then you would have fairly deep pockets by now? why is it a closed shop? closed in what way? not informationally?
     
    #4150     Oct 1, 2015