Why Is The Obvious Not So Obvious?

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

  1. themickey

    themickey

    Usually, normally, on average crypto posts are found inside the crypto forum.
    That's why I didn't post it here as it's kind of would be derailing this thread. :)
     
    #8431     Nov 7, 2023
  2. Ricky Roma

    Ricky Roma

    It was you that mentioned that trading crypto was easy..on THIS thread? No? Post 8414 to be precise. If you make a claim on one thread, doesn't it make sense to explain it on same thread? I didn't know about the other crypto thread you were posting in as you blocked viewing of historic posts.
     
    #8432     Nov 7, 2023
  3. themickey

    themickey

    Where you getting that bs from?
    Strange you have been contentious every post you make, tell ya what mate, will do you a favour......
    Haven't got time for you.
     
    #8433     Nov 7, 2023
  4. Ricky Roma

    Ricky Roma

    Awwww...poor wee Tricky Mickey :confused:
    Did you really have to block me? Toys out of the pram moment for ya?
    Bit uncomfortable for you when someone questions you eh? Best just to block them and try and hide your post history.
    Don't worry, I'll always point out BS and fake guru-ism when I sniff it out. ;):D:thumbsup:
     
    Last edited: Nov 7, 2023
    #8434     Nov 7, 2023
  5. ironchef

    ironchef

    We do need more people who dare speak up. But to me @themickey is the real deal.

    That said, there are lots of gurus on ET, it is hard for us amateur retails to figure out who is real who is not. Most gurus have advices that seem to make sense to us. When put into practice they almost always don't work. It is our fault, not their method?

    One guru claimed he has a system with Sim returns of 1700% a month. Those used his system complained they lost $. They said it was not the system's problem, the losers didn't know how to use it. Simple black box system: Green arrow you buy, Red arrow you sell.

    Regards,
     
    #8435     Nov 7, 2023
    Ricky Roma likes this.
  6. fairvalue

    fairvalue

    I find that a intriguing question. But personally I found myself in this thread more or less pulled into a rabbit hole; dont know if others experienced that in a similiar way.

    All I read multiple times was, KISS, it is easier than you think, so I try to keep an answer as simple as possible:
    • They are looking for the Holy Grail
    • They try to find an explanation where there is none
    • There is not enough trust, that a given simple signal is sufficient to pull the trigger
    • There is no mental and/or operational strategy to handle the situation when the markets turns into the intended direction
    Always find it helpfull when others jump in to test any argument and to bring up thoughts in a positive creative environment.
     
    #8436     Nov 30, 2023
  7. fairvalue

    fairvalue

    Lets state the obious: This is
    • a daily chart of Amazon
    • with 2 indicators:
      • EMA 40
      • Ehlers Stochastic; defined by generating sell signals in upper bound and doing the opposite in the lower bound
    I wont replicate the written comments, as this is redunant information.
     
    #8437     Nov 30, 2023
  8. fairvalue

    fairvalue

    Where can I apply :)
     
    #8438     Nov 30, 2023
  9. schizo

    schizo

    I don't think this is THE obvious, but it's a step in the right direction. It at least adheres to the OP's statement about the need for BLASH and SHABL to become a successful trader.

    So we can all agree that in order to buy low and sell high, you want to wait for a pullback in a rising trend, yes? Let that be the starting point for the next round of discussion.
     
    #8439     Nov 30, 2023
    ironchef likes this.
  10. themickey

    themickey

    In order for anyone to become a student (of mine), it is much easier said than done.
    You would need to be intune with a swing trading stocks long only mentality.
    You would need to probably spend a couple of thousand dollars (that's not too much) on particular hardware.
    You would need to be math savvy and enjoy coding.
    You would need to set up software in a special configuration.
    You would need to be a dedicated introvert nerd who can focus for hours in order to get where you want to fast.
    You would need to understand my algos I think, some are a bit complex.
    You would have the time to do all this.
    Lining up all these ducks would be uncommon.
     
    #8440     Nov 30, 2023
    ironchef likes this.