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Back to the Future – My Freewheeling Journal

  • #1,601
  • May 9, 2018 8:21pm May 9, 2018 8:21pm
Quoting tabasc0
Hey Jupiter ...
  • #1,602
  • Edited 9:24pm May 9, 2018 9:12pm | Edited 9:24pm
OFF-TOPIC RANT.

In the Modern Era (not to speak of our greatness from Cicero through Machiavelli up to Gramsci)
Italy has always been and it is an extraordinary “Political Laboratory”.
One of the “Cradle of civilization”... was able to produce one after the other:
Fascism,
Christian Party,
The strongest Communist Party of Europe,
At least two “Coup d'etat” proved attempts,
Several forms of Terrorism and carnage,
The biggest judicial proceeding (Official Court Process) on the corruption of Politicians and Parties,
20 years of Berlusconi and his “Bunga Bunga Party” (plus the”big Putin's bed” and some teenagers),
and now... the two strongest Populist Parties of Europe (one of them openly racist and xenophobe)
from this night (very possibly) at the Govern of the Country with Berlusconi's support!

Poor Italy. Poor Europe.
Remember that the European Elections are not so far in time...

I cry for my homeland. I cry for Its (sick and tired but at the same time irresponsible and thoughtless) People.
I'm half Austrian, but is not enough. LOL
The Right of Citizenship is “inalienable”!
I can't give back my passport.

(What to think about Eurodollar decline? Don't know... but "Market discounts everything!")
  • #1,603
  • May 9, 2018 9:30pm May 9, 2018 9:30pm
Quoting Wachturm
{quote} Why do you even bother? It will always be like this.

(Premise. This hit a nerve... and this is my freewheeling journal! Have I to be terrified writing the following text?)

ON-TOPIC RANT.

Search, search and search...
I bumped into this recent thread.
Reading the first post I thought... perfect!
I, in the end, have found someone that sees things like me...!

  1. There is not an “exhaustive” book... Unfortunately the Bible of Trading doesn't exist.
  2. No shortcuts. The important thing is our hard, unceasing, tireless PERSONAL work in assembly concepts and ideas... growing along the pathway, learning by that effort and suffering!
  3. Central question: how to discern real knowledge from snake oil salesmen?

As an advertising man... I thought: “Genius! You are simply a genius!”, “This idea is wonderful!”
I was so intrigued and excited.

But then I read the original poster's explanation (he is a “Red Label” one, a High Impact poster):
“The so-called trading best sellers,
are all completely full of shit.
They have no value, whatsoever.”

And, of course, I disagreed. Completely and with all myself: body, brain and soul.
And stopped reading, immediately,
Is there anything I got wrong?
I have written 80 useless pages trying to demonstrate the very opposite.
What am I supposed to do? Go there, discuss and open a real debate?
I'm satisfied with the battles that Mother Markets offers me, daily.
Everyone is free to think what he wants. As I said Market is the land of freedom.

  • #1,604
  • May 9, 2018 9:37pm May 9, 2018 9:37pm
“Some books should be tasted, some devoured, but only a few should be chewed and digested thoroughly.”
― Francis Bacon
  • #1,605
  • May 9, 2018 10:37pm May 9, 2018 10:37pm
Quoting wbemsms
{quote} I think he bought
Oh... yes!
But at the right time, my friend.
All that matters in trading is rigth timing.
  • #1,606
  • Edited 11:12pm May 9, 2018 10:47pm | Edited 11:12pm
Dax m5... my levels of yesterday.
Attached Image (click to enlarge)
Click to Enlarge Name: 9_05_18 m5 naked.JPG Size: 292 KB
  • #1,607
  • May 10, 2018 12:18am May 10, 2018 12:18am
GM Mama... Scaling out.
Attached Image
  • #1,608
  • May 10, 2018 12:41am May 10, 2018 12:41am
Dax H1... Nimble now.
Attached Image
  • #1,609
  • May 10, 2018 12:48am May 10, 2018 12:48am
@13.004... Attacking and banking along the road!
  • #1,610
  • May 10, 2018 12:51am May 10, 2018 12:51am
@13.012 scale! scale out!
Attached Image
  • #1,611
  • May 10, 2018 12:59am May 10, 2018 12:59am
13.030 OK I'll take them. Only scouts in. Wow, what a ride.
  • #1,612
  • May 10, 2018 1:00am May 10, 2018 1:00am
m5 now...
Attached Image
  • #1,613
  • May 10, 2018 1:04am May 10, 2018 1:04am
  • #1,614
  • May 10, 2018 2:05am May 10, 2018 2:05am
Feared a deep PB and preferred to squared the first leg (leveraged positions)... building a new line.

Now... Scaling out @13.021... didn't like the Bulls' action. (Bad shape of H1 candle... )

I'm leaving some space to the price. Not pressing too much.
Attached Image
  • #1,615
  • May 10, 2018 2:52am May 10, 2018 2:52am
Quoting Jupiter
{quote} (Premise. This hit a nerve... and this is my freewheeling journal! Have I to be terrified writing the following text?) ON-TOPIC RANT. Search, search and search... I bumped into this recent thread. Reading the first post I thought... perfect! I, in the end, have found someone that sees things like me...! There is not an “exhaustive” book... Unfortunately the Bible of Trading doesn't exist. No shortcuts. The important thing is our hard, unceasing, tireless PERSONAL work in assembly concepts and ideas... growing along the pathway, learning...
First of all, to say that all trading-book bestsellers are full of shit, you have to read them all. I doubt he/she did. Illusion of competence is prevalent among us traders .. lol
One man's truth is another man's lie. I dont like to talk about trading anymore... especially here on FF. It always has the bad taste of a religious debate. If someone says, "red is blue", I agree. Why should I fight?
You did an awesome job with your journal. Some people are willing to accept market dynamics and trade with them instead of trading their beliefs. Be proud of that
  • #1,616
  • Edited 3:12am May 10, 2018 2:54am | Edited 3:12am
Yeah... (I saw the move coming!) and two. Dance the Dance. Rigidity kills.
  • #1,617
  • May 10, 2018 2:55am May 10, 2018 2:55am
Quoting Wachturm
{quote} First of all, to say that all trading-book bestsellers are full of shit, you have to read them all. I doubt he/she did. Illusion of competence is prevalent among us traders .. lol One man's truth is another man's lie. I dont like to talk about trading anymore... especially here on FF. It always has the bad taste of a religious debate. If someone says, "red is blue", I agree. Why should I fight? You did an awesome job with your journal. Some people are willing to accept market dynamics and trade with them instead of trading their beliefs....


The list posted contains 36 books... and I have read 20 of them. Some of them more than once!!! Some of them more than twice!!!
(Luckly, my dearest titles are not there... ROFL )
  • #1,618
  • May 10, 2018 3:06am May 10, 2018 3:06am
Dax @13.000... be careful. Really careful.
  • #1,619
  • May 10, 2018 3:11am May 10, 2018 3:11am
Quoting Jupiter
Dax @13.000... be careful. Really careful.

why? walk us through your thinking process


~just messing with you mate
Success consists of going from failure to failure without loss of enthusiam
  • #1,620
  • May 10, 2018 3:22am May 10, 2018 3:22am
Quoting Jupiter
{quote} The list posted contains 36 books... and I have read 20 of them. Some of them more than once!!! Some of them more than twice!!! (Luckly, my dearest titles are not there... ROFL )
saved by the bell
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