cw.......u would be getting to close to Papa's woodshed........I love you but the above is not correct.......15 min chart is or isn't? Do you have to curse when addressing me as I have never been anything but nice to you.....the no volume statements I make are the triggers for your wrath..........no volume is a lot easier....for me.......you are on one of your famous weekend tears........just a few more years and you will settle down and enjoy life, not money......my computer is just fine as it is......thank you very much Mr. Cool.........
CW....IF U EVER TALK TO MR. MARCUS TELL HIM HI FOR ME..I LIKE HIM...............I STILL THINK YOU 2 ARE WORKING TOGETHER ON SOMETHING....T2W?
little ducklings beliefs: I believe the best 'systems" are the easiest ones to follow. I believe not reading too much in what you see in the charts is the best way to trade.... If you have to squint.... close one eye... have the light just right...to see something... you're just kidding yourself. I believe you only need to be right 20%.... and make millions.... if your sharpe ratio is high enough. I belive you can make millions with a crappy sharpe ratio... if your right 80% of the time. I believe there are no systems, now or ever, that can constantly bring in profits... no matter how small on a consistant basis ... due to market changes over time. I believe the same mistakes that were done 200 years ago... are still done today... and will always will be repeated... because mans psychology does not change. I believe you learn how to trade and read markets long before you learn how to read yourself. Only when you know about yourself as much as you do about the markets....only then will the money flow in.
Lilduckling, You are correct, The best systems are the easiest to follow, its not the complexity of the system but the idea behind the system. You need to know the reason behind every single move and why the move will be "moves" before it happens. My system is actually complex with usage of volume and price and lows and highs to gauge the risk of every entry. But the idea to enter is very simple. The system is complex but it is also simplified by automating all signals and entries. Therefore I do not need to look at volume to tell me it is low now on a rally, IT will signal : Low volume rally, Enter with caution. Entry signal, 2 tick risk, Enter, High volume. How would you know the risk is 2 ticks unless you fully understand that price action? Things are only simple after you understood the complexity of the things. A car is just 4 wheels that roll, but to make a car from scratch there is so much ideas behind every single little thing that is it almost impossible to "simpilify" it without complete utter understanding of your particular edge usage in the market.
2 previous posts unfortunately from the same box that everyone else is playing in..................20% scenario is about like 60% .........both cost too much emotional capital..........all systems can't last....markets might change charts never do anhything they haven't done over an d over a million times is the answer............that t heory is out of the same box as other stuff....that is why the box traders are not in the club....just as ol" porgie sees it...........take it for what it is worth to you which i am sure is nothing.......u will never find it where u r looking.....in that box.............columbus whipped the indians for using that stuff..........................
Lets stop hallucinating ok? The path to being consistently profitable is the same for every person for every single strategy, method, and time frame. Which is the process I explained above. If you can not "relate" to the process, It is very obvious, You have not touched consistent profitably under any means. Any consistent profitable trader, will tell you, That is 100% on the money on what they have experienced when treading to profitability. There are no special tricks or magic in profitbility, 1. Just 110% complete understandment of your market (why it moves, when it moves, what does it show before it moves), 2. your edge (why edge appears, when edge appears, what it looks like before it appears, Am I one of the few who knows about this or is this $TICK I think in my own mind that nobody knows about ), and 3. your system (management of risk/reward). Don't mystify things just because you don't know what you are doing porgie. Talking in generalities is useless Porgie, when I can talk in specifics all day all night and not worry about anybody trying to steal my imaginary system.
cool .........all roads lead to Rome.........since they are congested with everybody who does this, let's fly in.........not on a broom though, we will use our eagle wings...........I am on a high like never before............high on life..........wish the same for you.....isn't this fun arguing with each other? I am having a blast...thanks for your time seriously, thanks.........r u and Mr. Marcus workng together? He's a nice guy and certainly knows his stuff.....that is obvious......I would like to talk to him more.....