Why Is The Obvious Not So Obvious?

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

  1. M4-1

    M4-1

    it is easy..even a child could do it..but that is only because the child will do exactly what the child sees being done..adults..on the other hand..will just think about loads of other things..that don't really matter one little bit..and just fuck the whole thing up :)
     
    #7711     Jul 7, 2021
  2. Ed48

    Ed48

    nysestocks claimed it does exist

    Many will read this and say this idiot is playing mind games, or trying to sell something - but what else would they say, as they are frustrated that they have not been able to come up with the so called "holy grail" of trading, as it does indeed exist, but only for a very very small minority!

    3) Idiots will always back up other idiots who think they have it cracked, but the reality is that they are still idiots and will never get anywhere near the real "holy grail" of trading, which does exist for the very small minority.


    I will go as far as I can go - but I will not ever disclose the real "holy grail" of trading, for obvious reasons.


    and this is what it can deliver


    In relation to your % question, and depending on available capital, and depending on the level of opportunity in the market traded, and depending on the mental state of the trader, the % growth compared with what the "experts" teach should be somewhere in the region of say 50% PA return for a good trader using the "experts" way and anywhere from 500% to 1000% for the few that are fully aware of what the "obvious" can, and does, deliver!


    I suppose it could be BS of course.
     
    #7712     Jul 7, 2021
    Laissez Faire and Onra like this.
  3. M4-1

    M4-1

    i see "so called" in there :)

    here is an example of what needs to be understood..

    yesterday..LF asked if a level was a possible buying opportunity..i am sure you can check the level yourself..to which i politely replied.. BUY !!!!!

    in other words..i was saying..LF..are you fucking crazy or what..you DON'T BUY when the big boys are pushing it down..NEVER..you SELL the fucking thing..

    now..the big question of course is..how do i know when to sell..again..did i not say second chance..third chance..and then..a REAL low risk chance when we got the SETUP developing..

    if you can't SEE what is happening.. right in front of your 2 eyes..then you might as well be..as my good old friend RN again..who btw i am thinking something has happened to..would say..

    "you might as well be pissing up a rope" !!!!

    S&R levels are just areas to take note of..it is when price gets there that you make your decision..based on what you SEE !!!!!!!!!!!
     
    #7713     Jul 7, 2021
  4. M4-1

    M4-1

    it has been a while..so.. :)

    the holy grail..is but a tale
    for those of kind..that truly blind
    the past do show..to those who know
    few always be..suppress the minority

    so this ES..which is a mess
    how can we know..what some don't show
    the first thing is..know most is piss
    forget the tech..with all their spec

    for all you need..is have no greed
    sit back and wait..for open gate
    when open wide..then jump inside
    remember prose..as GATE WILL CLOSE :)
     
    #7714     Jul 7, 2021
  5. Respectfully, I suggested it as a potential buy zone (30-33) based on my own methodology as I was only curious if you'd agree. It quickly became obvious that it wouldn't hold - and also that it wasn't a level you were giving any particular significance.

    However, I note that the LOD yesterday was printed 5 points below what I posted as my initial target to the downside (4310) in the event of a good sized pullback. :)

    Regarding catching a falling knife I did not trade yesterday anyway and was just watching as I had gotten my tick of profit, but let's just say that I've been conditioned to lean towards the long side after these last few years and don't find it too easy to short this market any longer. And going long (only) have been fairly profitable.

    When I was completely new to trading it was the other way around. Only shorting and thinking the market would crash every day. Equally, I would be terrified to buy into a (potential) bottom. These days it's the other way around and I will often buy near a bottom, but be fearful of shorting a top.
     
    #7715     Jul 7, 2021
  6. M4-1

    M4-1

    been there..done that..the right way of course is to just trade what you see..it doesn't matter if it goes up or down..once it doesn't keep going sideways for too long..

    btw..it has nothing to do with calling a level..or a trade..i was right this time..but only because i was willing to take on the risk..if i had been buying..like most were over the last week..then if i was trading with no stops i would still have been right..but there would have been some not so nice feelings along the way..plus..if i did not have enough capital..i was fucked..which is EXACTLY what happens most..

    this is not about who knows what..it is all about who does what is required..when required..simple as that :)
     
    #7716     Jul 7, 2021
  7. M4-1

    M4-1

    question..i have shown my complete new mtf setup.. explained what i am going to do..and yesterday..showed what i would have done if short term trading..

    so..what is the main difference between you and me..if i am able to make some money..AS EXPLAINED..what is stopping you from doing it..if you are not doing it already ?
     
    #7717     Jul 7, 2021
  8. M4-1

    M4-1

    dumb ass plebs..the big boys do this ALL the time :)

    Screenshot_2021-07-07-13-29-13-420_net.metaquotes.metatrader5.png
     
    #7718     Jul 7, 2021
  9. M4-1

    M4-1

    even the Chinese have got in on the act.. whenever their own people start to accumulate wealth..they just rob them of it..why.. because they can..simple :)

    Screenshot_2021-07-07-13-32-08-304_net.metaquotes.metatrader5.png
     
    #7719     Jul 7, 2021
  10. Ed48

    Ed48

    By the way, what is the "experts" way? What do they teach?

    Is it just TA?
     
    #7720     Jul 7, 2021