Why Is The Obvious Not So Obvious?

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

  1. M4-1

    M4-1

    Believing and Knowing
    For Plato, there is a distinction between believing and knowing. Since there are objective truths to be known, we may believe X, but belief alone does not guarantee we are correct. There are three necessary and sufficient conditions, according to Plato, for one to have knowledge: (1) the proposition must be believed; (2) the proposition must be true; and (3) the proposition must be supported by good reasons, which is to say, you must be justified in believing it. Thus, for Plato, knowledge is justified, true belief.

    https://global.oup.com/us/companion.websites/9780190628703/sr/ch4/summary/#:~:text=There are three necessary and,be justified in believing it.
     
    #7031     May 6, 2021
  2. M4-1

    M4-1

    GO has frightened everyone away :)

    "Mr Pelt, what is relevant in relation to our discussion, based on where the ES is today"

    "Or, if Mr GO would like to stand up " :)
     
    #7032     May 7, 2021
  3. Pelt

    Pelt

    Which part of the discussion?
    • The purpose of an instrument
    • Tort
    • Deaf, Blind, Can, Fall
    Only the first is obvious to me. S&P at new highs, doing what measures of an economy does, which is go UP, at new highs.
     
    #7033     May 7, 2021
  4. M4-1

    M4-1

    in relation to the "possible long" trade..and you can also elaborate on the DBCF as well..if you so desire!
     
    #7034     May 7, 2021
  5. Pelt

    Pelt

    This must have been the mnemonic device you used to remember the 4 points necessary to prove negligence in a tort case.
     
    #7035     May 8, 2021
  6. M4-1

    M4-1

    i think using an image is far better than a word or letters..for..it is very easy to imagine a Deaf Blind person Can easily Fall..it is harder to remember DBCF letters in order..

    it is the same with charts..it is very easy to see the major S&R levels once you have the price levels charted..it is next to impossible if they were in a spreadsheet..

    so what..as GO says we are just causing so much distraction..in fact.. everything that is touted out there does nothing more than that..just causes distraction..the result being that you end up looking at things that have absolutely no relevance to taking some money off others..and keeping it !!!

    you see..everyone wants the easy answer..no work..or very little work..and loads of profit..well..hahaha..it doesn't work that way..as.. unless you learn how to work your brain correctly..odds are you might as well be.. according to good old RN.. again..

    "be pissing up a rope" :)
     
    #7036     May 8, 2021
  7. Onra

    Onra

    "you can't draw a box without 2 reference points"

    Schermafbeelding 2021-05-08 om 19.16.57.png
    So which two signs do you use to draw a rectangle?
     
    #7037     May 8, 2021
  8. Onra

    Onra

    In a lot of examples, you only use one horizontal line.

    Is it a part of a box, or is it unrelated to boxes?
     
    #7038     May 8, 2021
  9. M4-1

    M4-1

    A and B

    if you use the last line on the chart then you don't have to draw any boxes..and..if you have your multi timeframes up you dont need to draw any major S&R lines..as you can see at a glance where the last line is on every timeframe..simple..yes!

    if using the mobile phone you are restricted..so more risky..so keep the risk small..simple..yes!

    the beauty of starting off with small risk..is that..you can average in..so..as per the last posted charts..if you are trying to buy at support on the smaller timeframe..and it fails to hold..then you can add another contract when it hits support on the higher timeframe..simple..yes!

    these are all simple things..but..unless you actually trade and keep trading..then..as Morpheus said..

    "there is a big difference between knowing..and..doing"

    simple..yes :)
     
    #7039     May 8, 2021
    Onra likes this.
  10. Nice to see some activity in here again :D. I also am following this thread. An OOR here, (old obvious reader). Ha.
     
    #7040     May 8, 2021