Seems a stop hunt (false breakout)
POW!
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Disliked{quote} Is this at the open session? Seems a stop hunt (false breakout)Ignored
DislikedJust curious..what's everybody's IQ around here? anybody have taken the mensa test? i'm curious to know what the IQ to pnl graph looks like...Ignored
Disliked{quote}
a trader who thinks he knows more than the Market and can beat it, versus the trader who thinks he knows nothing about the Market and is willing to surrender to it, to follow it. Both would be intelligent, but only one is truly smart.............Ignored
DislikedI guess you never got the memo that past performance is not an indication of future performance. S/R is connecting dead trades together, LOL. That is ridiculous.Ignored
Disliked{quote} Studies have shown that, at least initially, more intelligent people tend not to be good traders. They have too hard a time with the reality that they cannot "always be right". If you've graduated from Harvard, Yale, Standford, MIT, et all, without ever having received a grade less than an "A", it's difficult to understand that in trading you can be right 4 out 10 (40% -an F in any of those schools) and still make a tremendous amount of money in the markets. The PNLs we should be looking to compare would show the results of a trader who...Ignored
Disliked{quote} One of the most "intelligent" posts I have read here in a long time.. Exactly what my thoughts and experiences are as well. Reminds me of certain posts that I read ..that I grasp maybe 10% of what is being written.. just paragraphs of complicated ideas theories etc etc... Then those same people will chastise others for saying trading is simple !!! LoL... They just can't wrap their 150IQ around the fact that simple is the best... And losses are part of business... Their subjectivity is skewed when looking at a chart ..and complicate what...Ignored