Disliked{quote} This makes more sense to me than anything even I had said lol... nice! -CJ-Ignored
Ghost Rider - WWTBMD?
An Edge for an Edge (System Development) 113 replies
Does an EA license Give You the Right to Give Signals? 2 replies
Give me premise or give me death.... 15 replies
"You cannot make money (in the long run) from a price chart alone" 32 replies
Disliked{quote} This makes more sense to me than anything even I had said lol... nice! -CJ-Ignored
DislikedTo an observer who does not know the mechanism, a pseudorandom sequence is unpredictable." "One intriguing aspect of random processes is that it is hard to know whether a process is truly random. An observer may suspect that there is some "key" that unlocks the message. This is a foundation of superstitionIgnored
Disliked{quote} Whats even more intriguing is how some traders manage to make money despite unconventional and even superstitious ideas on the market.Ignored
QuoteDislikedIn trading there is no need to understand how or why something works in order to make money. Just like you don't have to understand the complex technology inside your computer in order to use it......
To be profitable trader you just have to learn the price action patterns, learn how the market responds to news, fundamentals.... then based on that develop framework and strategy......and trade according to that strategy, and manage the risk. That's all.
If you do these things correctly, consistently and with discipline - the money will accumulate...
QuoteDislikedWhats even more intriguing is how some traders manage to make money despite unconventional and even superstitious ideas on the market.
Disliked{quote} For sure. However, "superstation" more often than not actually finds a solid base in facts just not understood.Ignored
QuoteDislikedIn your previous post you mentioned that some "get trade signals" from outer space. Did you mean that literally in that they claim the actual "signal" to buy or sell just comes from space or, is it the study of astrology in space time and the resulting effects that has on everything including us? IMHO there's a distinct difference. Signals just "floating" down from space fits in the category. ... lol But the study of celestial movements is as old as time itself and spans across all cultures. Although many including myself might not understand...
Disliked{quote} Whats even more intriguing is how some traders manage to make money despite unconventional and even superstitious ideas on the market.Ignored
Disliked{quote} I understand that you may be referring to the application of concepts learned at the subconcious level. Many great speculators have a kind of 'trader sense' that comes from years of experience, I don't think this is superstitious at all.Ignored
QuoteDislikedHowever, there are some that delve into planetary cycles, elliot waves and other arcane subjects.
QuoteDislikedHe got his signals from aliens using a Coke bottle with a broken piece of radio antenna sticking out.
DislikedIt's Very controversial topic! You should check the "Thomas theorem" Consciously self directed thoughts toward predetermined goal tend to affect the final outcome! (self fulfilling prophecy) "If men define situations as real, they are real in their consequences." In other words, the interpretation of a situation causes the action. This interpretation is not objective. Actions are affected by subjective perceptions of situations. Whether there even is an objectively correct interpretation is not important for the purposes of helping guide individuals'...Ignored
DislikedWhen ever someone fails at trading he starts explaining to the whole world how it is all random, a setup to take money from the fools..Ignored
Disliked{quote} I believe such methods provide psychological fortitude to assist in staying long during a bull market and short during a bear market.Ignored
Disliked{quote} A large part of my trading philosophy is that the market indeed is a device to take the money away from fools. By this observation alone one is no longer a fool. kIgnored
Disliked{quote} A large part of my trading philosophy is that the market indeed is a device to take the money away from fools. By this observation alone one is no longer a fool. kIgnored
Disliked{quote} I agree. The fools are the ones who make the thing over complicated. They cannot grasp or see the simplicity in trading.Ignored
Disliked{quote} Can a person trade profitably while maintaining that the outcomes of his trades are a manifestation of his will? Perhaps if he can somehow find a justification for taking frequent small losses and rare out-sized wins.Ignored
DislikedWhen ever someone fails at trading he starts explaining to the whole world how it is all random, a setup to take money from the fools..how it is not possible. But they always fail to account for people that do make money. They must be..aliens There are only 3 things that when understood properly and utilized will lead to making money: 1) Reference point (using technical analysis) 2) Time 3) Money management (average win > average loss) Bruce Lee's words hold the most truth {image}Ignored
Disliked{quote} This is spot-on!! I was just about to quote Bruce Lee and then I saw your post .....Coincidence? Or Great minds think alike? ....who knows...Ignored