J_S you must stop posting this stuff as I now have tears in my eyes from laughing so hard. I can't trade properly you see it's a distraction .... ROFL
DR, you have to laugh now and again, and it is very easy when you have so many monkeys to play with Funny part is, they really think they are smart, when in fact, they are the most thickest idiots I have ever come across, and I have come across a lot in my day. They fail to see, that what comes out of their mouths shows what they really are, a bunch of flea ridden inferior primates J_S
Mind-Boggling Depths How deep do they go? And what's so hard about it? They go deep. Exactly how deep is not certain. But it's really deep (keep reading, we do have some numbers for you). Mind-boggling is the best word to describe how deep they dive. If no one had ever heard of Sperm Whales (or some of the other deep diving mammals) and you asked any sensible scientist or engineer to design an air breathing animal to dive several thousand feet into the ocean, they would tell you to forget it. Can't be done. "Impossible!" they'd shout. Well, as often happens, no one told the sperm whale not to go there. So they go, over and over again, every day. How they do it is wondrous. Let's explore this amazing feat. (You're still waiting to learn how deep they go? Be patient.) Diving with a Sperm Whale The very idea terrifies me, but let's go on a dive with a sperm whale. We start at the surface. Our sperm whale is getting ready to go hunting. Her hunting grounds are where the squid and other tasty sea creatures are bountiful - a world where the sun don't shine. Straight down. Way down. Into total cold crushing blackness. If our whale has just come up from a dive she first spends 10 minutes or more clearing her lungs, blowing a breath in and out every 12 seconds. She's getting rid of old carbon dioxide from the last dive and loading up with fresh oxygen. She's got to store up a lot of oxygen because she will be holding her breath for the next 45 to 60 minutes. Most of the excess oxygen for the next dive will be stored in the huge powerful swimming muscles. Finally our whale is ready to dive. She takes two more huge gulps of air, points her head down, raises her flukes (tail fins) out of the water and dives straight down. Now she starts swimming straight for the bottom. She is swimming steadily (or gliding - new research indicates that many cetaceans, and other diving marine mammals, glide more than swim when they are going down) at 3 1/2 miles per hour (5.6 km/hr). This is a fast walking pace for humans. It is probably the most efficient speed for the whale. It is important to be efficient now. Swimming too fast would waste oxygen. Too slow would waste time. Down and down at 1 and 1/2 meters per second. It takes over a minute to go as deep as a football field. After 3 long minutes we are 270 meters (885 feet) below the surface and still a long way to go. It is getting cold and dark. There is some light down here but not much. I'm wanting to go back to the surface. There is almost 3 football fields of water above us. If my calculations are correct the pressure here is 355 pounds per square inch, or 24 atmospheres. There are over 51,000 pounds pressing on every square foot of the whale's body. This is already past the limit that a human diver breathing air can survive. If his rib cage hasn't collapsed from the pressure, it soon will. Why doesn't the sperm whale's rib cage collapse? It does. But the sperm whale's rib cage is designed to fold up and collapse. Also the lungs have collapsed and the air in the whale's body is squished to one forth of the volume it was on the surface. The whale's lungs will collapse completely before very long. After 3 minutes of not breathing most humans have passed out and, if they don't start breathing soon, are heading for another existence. But our sperm whale is just starting. She continues her journey downward, still going straight down. Now it is pitch black. No light, except possibly the bioluminescent glow of some of the deep sea creatures down here. How does she know which way is up? Echolocation? Or perhaps an unerring sense of gravity we don't have? Humans (and tortoises) would be hopelessly disorientated and confused. After five and a half minutes the whale reaches five hundred meters (1640 feet). Humans can live and work down here but it takes days of compression to get there and days of decompression to get back. It also requires a mixture of special gasses. The sperm whale does it over and over again several times a day. The pressure is now over 700 psi (48 atmospheres). After eleven minutes of steady swimming straight down, mostly in complete utter blackness, our whale reaches her happy hunting grounds. Now she is about 1000 meters (3280 feet or 3/5 of a mile) below the surface. Eleven football field lengths of water is above us. The pressure is 1421 pounds per square inch (almost 100 atmospheres). 200,000 pounds (100 tons) of water press on every square foot of the whale. All the time, day and night, winter and summer, the water temperature is 2 degrees celsius (36 degrees Farenheit). This is the typical hunting depth for a sperm whale. Somewhere between 500 and 1000 meters. For the next 20 to 40 minutes our whale will stay down here in the dark and cold, hunting and eating. There are many unanswered mysteries about what goes on down here, but alas, we must save them for another article. At this depth the air in the whale's body is one percent of its original volume, and it is 100 times more dense.
I don't recall that name although I do sometimes look on other trading sites. When looking at other forums I don't really find anything to help myself apart from seeing how others think and therefore how I shouldn't. I've been aware for a long time after grasping the principles of trading that success or failure lies within. The theme of this thread "Why Is The Obvious Not So Obvious?" is seen in all aspects of daily life and not just trading, its seen in the behavior of others and I'm probably guilty at times too. A good friend of mine often uses the expression "the latest ineptitude" when describing his experiences at the hands of others. Monkeys,thats me wearing the hat:
Interesting debate on strategy -vs- trader. schizo replied here: http://www.elitetrader.com/et/index...300-daily-profit.296299/page-147#post-4242456
Give him time - it'll click Many ways to trade successfully - yes So what makes the way I chose special from another - not one damn thing RN
Build context from the top down Trade within said context - using basic signals most scoff at Utilize price.., time.., volume - and lines - horizontally..., diagonally.., vertically for context Sometimes also use a box or rectangle for context And of course MTFA RN