DislikedI really enjoy reading threads like this, It gives me inspiration to keep on going.Ignored
Hope you can spend some time reading from the beginning as some important concepts were already shared.
Take care and thanks for posting.
FX4
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DislikedI really enjoy reading threads like this, It gives me inspiration to keep on going.Ignored
Disliked[color=Navy]
A strong belief is not a feeling. Confidence is a feeling and can have an element of believing in it, but expectation is at another level. Belief involves acceptance which changes the whole picture. Will be getting into these subtleties next week...planning a little intro maybe later today or on the weekend in preparation for next week's discussion.
Just going with the flow for now...
Thanks for the post.
FX4Ignored
Disliked1. Confidence isn't an illusion. It should be an expectation of a certain outcome based on either - or both - experience and reasoning.Ignored
DislikedTo say if the market does "A" and "B", then I can expect it to go to "C" a certain percentage of the time. Isn't confidence it's gambling, playing the odds.Ignored
Disliked
In the Void, the warrior is able to ascertain the opponent’s movements and intentions, but to enter the Void, one must put away all preconceived ideas and notions of their opponentIgnored
DislikedEverything Leonlorenzo wrote is exactly, 100% correct. You actually agree with him, but you don't even realize it.
Honestly, I have trouble reading much of what you write because it just comes across as mystical mumbo jumbo. The Void?? Seriously, The Void?
You know, this SOUNDS good, but does it really have an application to trading?
You refer to "Trading in the NOW", that we can only trade in the NOW...another little statement that sounds good and gets thrown around a lot, but what exactly does this mean anyway? What do you THINK it means?...Ignored
DislikedThere is no NOW in trading. There is the past, and there is the future. We look at past behavior, to try to predict future behavior. It really is as simple as that.Ignored
DislikedWe may use things from the past as points of reference for the present, and how the market responds to these points of reference (but it)...does not in any way predict an equivalent outcome. (Edit in parenthesis: mine).
"Now" will vary, depending on your frame of reference. For some it will be a few seconds, others a few minutes, and others perhaps a few hours. Once we get much beyond that time frame though, "now" is best classified as "past."Ignored
DislikedThank you for the thread. I have not come to FF in a long time and am glad to see threads like this.Ignored
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I suspect we are just doing a bit of fancy wordplay here as we are probably on the same pageIgnored
Dislikedbut I think it is a very misleading statement to say that we try to predict future behavior based on past behavior, thus my reply.Ignored
DislikedYou're probably right about this. I suspect when he refers to the "now" or "trading in the now" he probably means the "very recent past" as opposed to "the distant past", however you want to define those. In other words, don't rely on something that may have worked a year ago, and expect it to work the same way today, because market conditions change, or something to that effect.
Sorry, but I'm standing by that statement. If not the past, then what else is there?Ignored
DislikedInteresting stuff. Thinking amateurishly about it --
Each subtlety becomes well-defined when empowered. Power is a self-circular thing -- How one is in power decides its hold. Two fairly direct considerations to change this hold:
(in)(ter)dependence
Be independent, and interference with non-independent others creates in them the social emotion jealousy which is satisfied through expression and restored homeostasis of aggression-basing brain chemicals.
Dependence on others who provide some internal homeostatic form's control...Ignored
DislikedEverything Leonlorenzo wrote is exactly, 100% correct.
There is no NOW in trading. There is the past, and there is the future. We look at past behavior, to try to predict future behavior. It really is as simple as that.Ignored
Disliked1. Confidence ...it should be an expectation of a certain outcome...
2. To say that nothing can tell you what the market will do and proceed to say that one should trade from advantageous places is a contradiction...Regardless, the root of a decision to trade is one's expectation that a certain thing will happen: ...We are always trading more than the present - bar arbitrage: we are making a prediction for the future.
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Disliked“Go Rin No Sho”, or the “ Book of Five Rings written by Miyamoto Musashi in the mid 1650’s…….. was a self study and biography of probably the greatest swordsman ever. In his later years, he had given up on using actual swords in combat (wasn’t enough challenge or learning experience), instead using sticks and once using a boat oar to defeat his enemies. He was never defeated.
Throughout his book he uncomplicates what he refers to as strategy, traditional techniques, attacks and such, they were boiled down to simple explanations on their use and...Ignored
DislikedHi Fx4Newbies. I'm new here. Thanks for the thread. I think pitchfork is awsome.Ignored
DislikedInteresting stuff. Thinking amateurishly about it --
Each subtlety becomes well-defined when empowered. Power is a self-circular thing -- How one is in power decides its hold. Two fairly direct considerations to change this hold:
(in)(ter)dependence
Be independent, and interference with non-independent others creates in them the social emotion jealousy which is satisfied through expression and restored homeostasis of aggression-basing brain chemicals.
Dependence on others who provide some internal homeostatic form's control...Ignored