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Bronco Capital's ABCD Harmonic Pattern Journal 94 replies

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The Bucking Bronco

  • #4,041
  • Mar 26, 2020 2:12am Mar 26, 2020 2:12am
Quoting EddyL
{quote} Why is that? Both were very valid leaders...
i differ. one is a globalist and elitist power technocrat, part of an ideology which is responsible for many of the catastrophes that are now converging. the other is a currency manipulator.
edit – no offense intended (though not coneding a right not to be offended)
  • #4,042
  • Mar 26, 2020 2:15am Mar 26, 2020 2:15am
Quoting Jupiter
Why am I so old? I want to start again from here! There are times when I think I really understand what Livermore felt. This intellectual challenge is truly "absorbing" and "totalizing".
then again it might be a dilemma: certain things you only have thanks to age, and you couldn't do it without them. i think especially of self-knowledge, emotional discipline etc.
  • #4,043
  • Mar 26, 2020 2:16am Mar 26, 2020 2:16am
Quoting EddyL
Why is that? .
Quoting karuner
i differ.
Provided that nobody offends anyone, all opinions are welcome.
  • #4,044
  • Mar 26, 2020 2:18am Mar 26, 2020 2:18am
Quoting karuner
then again it might be a dilemma:
That's the point!
And in fact I said "again from here!"
  • #4,045
  • Mar 26, 2020 2:19am Mar 26, 2020 2:19am
Quoting Jupiter
{quote} That's the point! And in fact I said "again from here!"
Isn't that why they take on apprentices?..
  • #4,046
  • Mar 26, 2020 2:21am Mar 26, 2020 2:21am
Quoting EddyL
Isn't that why they take on apprentices?..
Someone advised me exactly that!
  • #4,047
  • Mar 26, 2020 2:23am Mar 26, 2020 2:23am
If I were younger and had more capital I would have an office in the city with a group of young people, for sure.
But today my dimension is a quiet retirement.
  • #4,048
  • Mar 26, 2020 2:26am Mar 26, 2020 2:26am
Quoting Jupiter
{quote} Someone advised me exactly that!
I'm in. though i suspect with your affinity to eastern wisdom, being apprentice means getting hit on the head with a stick until you finally know things.

now i'm curious what "too old" means. it can't be "Joe Biden style too old" – LoL.
  • #4,049
  • Mar 26, 2020 2:30am Mar 26, 2020 2:30am
You are right... bamboo stick! (or Dressage long whip! ROFL)

I'm 66. I had my life full of things. And this last adventure is like a "grand finale".
I started completely from scratch and... I'm here.
  • #4,050
  • Mar 26, 2020 2:39am Mar 26, 2020 2:39am
So my advice to young people is ...
Trading is an serious profession, it requires a strong preparation.
Take some time and study Livermore and Gann.
You must understand the two approaches.
They will take you to Wyckoff, Schabacker and Edwards&Magee.

It's a years long journey. There are no shortcuts.

Even if I now published the list of the more than 50 Gann rules, you wouldn't understand anything.
It is not a summary or index problem.
General vision and specific techniques merge into each other.
  • #4,051
  • Mar 26, 2020 2:41am Mar 26, 2020 2:41am
Quoting Jupiter
So my advice to young people is ... Trading is an serious profession, it requires a strong preparation. Take some time and study Livermore and Gann. You must understand the two approaches. They will take you to Wyckoff, Schabacker and Edwards and Magee. It's a years long journey. There are no shortcuts.
I'm just hoping for some brain download technology to come along :-)
  • #4,052
  • Mar 26, 2020 2:42am Mar 26, 2020 2:42am
Quoting Jupiter
You are right... bamboo stick! (or Dressage long whip! ROFL) I'm 66. I had my life full of things. And this last adventure is like a "grand finale". I started completely from scratch and... I'm here.
is that possible. so this is a hobby for you and you seem to have achieved the mastership of a pro. if you do this trading stuff just as an "end in itself", i think you are in the position to use that bamboo stick.
  • #4,053
  • Mar 26, 2020 2:47am Mar 26, 2020 2:47am
That's the spirit!
  • #4,054
  • Mar 26, 2020 2:48am Mar 26, 2020 2:48am
Anyway I tried to describe what I see and saw here: The Spiral idea.
Is well written and Eastern enough to express my point with precision.
No need to re-write it.
  • #4,055
  • Mar 26, 2020 2:55am Mar 26, 2020 2:55am
Quoting EddyL
I'm just hoping for some brain download technology to come along :-)
See, I could say that it exists and it's called BOOK!
But it all depends on your study ability and commitment.
Why do so many say that books are not needed and instead I SCREAM that they are necessary?
Am I the one who's wrong?
  • #4,056
  • Mar 26, 2020 2:56am Mar 26, 2020 2:56am
Quoting Jupiter
Anyway I tried to describe what I see and saw here: The Spiral idea. Is well written and Eastern enough to express my point with precision. No need to re-write it.
Hmmm, I really do feel that way sometimes.. That i know things, but when I try to execute, they come out awkward.........
  • #4,057
  • Mar 26, 2020 3:01am Mar 26, 2020 3:01am
Quoting EddyL
Hmmm, I really do feel that way sometimes.. That i know things, but when I try to execute, they come out awkward.........
It took me years to understand the reason why and now I'm passing that idea to you with that post!
read it again and again.
And meditate on it. What are the consequences? What are you then supposed to do if it is so?
  • #4,058
  • Mar 26, 2020 3:03am Mar 26, 2020 3:03am
London is pushing up... let's see.
  • #4,059
  • Mar 26, 2020 3:04am Mar 26, 2020 3:04am
Quoting Jupiter
{quote}What are the consequences? What are you then supposed to do if it is so?
Study and practise... Practise and study :-)
  • #4,060
  • Mar 26, 2020 3:06am Mar 26, 2020 3:06am
Quoting EddyL
Study and practise... Practise and study :-)
The correct things!
Otherwise you will continue to repeat the same mistakes... per onmia saeculum saeculorum. Amen!
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