market and life, is it so different?

@jfxnc, nope, no difference in using indicators or trendline or pivot points. its all depend on your own perception and skill with your tools, all a trader does is try to find a high probablity trade that is all. you can find such trades through indicators, trendlines, pivot points or a fundi. just whatever you grow to be comfortable with. i personally trade almost naked but thats just me. (trying to get a point where i can trade the market in its birth suit some time in the future ^.^)

@narafa, coming back to the title of the thread. why dont we use technology to its fullest potential. if you are looking for the general direction of the real estate market,
wouldnt it be interesting to see a realstate index fund/etf for both country and do your high probability trade there but flip it back to life and purchase a house at a less value or sell it at a higher value. just a thought (off course, neighborhood, what type of house will affect the increase/decrease in value of that particular house, i alluded to what i think will be the higher probability trade(investment) in my previous edited post and my reason, but thats just my own perspective )

for these long term trades (investments) shouldn't we use monthly candles if not yearly? if we are so good at trading, shouldnt we be able to predict what the real estate will do in the future? this shows the relative nature of the market to real life things. and if i remove the time stamp and price from the x and y axis, can you tell the difference between a monthly versus daily versus 1 hour candles?? i attached some examples below:

and this goes back to another question i posted on my previous post. this shows the fractual nature of the market. (an answer relative to an question is circular in nature)

Now here is the kicker in the bucket, after reading this real state fund on monthly/yearly chart, do you feel comfortable buying/selling a house in either countries? what does that tell you about your trading confidence? (just thought to help you a bit in saving/making some money)


again, more rabbling from me, take it for what it is worth:


==============================================
A theory on distribution of power/wealth
================================

wealth = power and power = wealth, they are more or less interchangeable in nature. money buy off politicians, politician can close down your shop. as Eisenstein says: its all relative. darn, i just posted one of the answer to my previous post, see the circular nature of things??

here goes:

================================================
Anyway, this is very general and i dont have any hard statistical proof of this but should be rather interesting to expand upon.

My gf() is left handed and I am right handed. She is an awesome writer and I accelerate in math learning. I always thought through my subconscious that if she put in as much effort in sharpening her edge as i do mine, she will be more successful than me. Now, today, I am able to bring this subconscious idea of mine to the conscious level.

Having the power to plant a seed of an idea is VERY powerful and can not be done with statistics alone (just facts).

I just had another interesting thought when i digged a bit deeper.

As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth and the next 19% owned another 50% of wealth. It is thought that about 10% of people are left-handed. For making my math easier in my head, i simply think of the top 10 percent having more of less of 50 % of the world's Wealth (cant seem to find a hard figure on just the top ten percent. do you think they dont want people to make this correlation???) but i think the top 10 percent have much more than 50%, why do you think I think that way?

also, lets just say that if the chance of a right handed or left handed person becoming someone powerful/wealthy is 50:50. looking on to the presidents, of the recent presidents, Gerald Ford, Ronal Reagan, George H.W. Bush, Bill Clinton, and now Barrack Obama (McCain also a leftie) are all left handed. Monkey Bush is right handed (but being nurtured by a leftie). so if the ability to rise to a power position is 50:50 for right handed vs left handed, then the chance of the current occurance is 1:100000. I don't think thats a coincidence. also i believe that were more older presidents that were born lefties but was made to use the right hand. (lefties were burnt at the stake at one point in history).

If you believe the above is more of less true. What do you think the advantage of a leftie being in power position versus a right handed person. (with everything being equal) (^.^, think about it )

I am also going to be running my own experiment with rats in the lab in the coming months on impulsivity (one press= 1gram pellets vs 5 press = 10 gram pellet). be interesting to see if this trait is expressed at birth through genetics and whats even more interesting is to see if through extinction of reward, followed by the reinstatement of bigger reward with 5presses. and whether the rat will revert back to its innate nature right away. (the queen bee/ant gene if you will, but not associated with any distinct phenotypical difference)

================================================
now, i am not saying left handed person is meant to be leader or right handed person is meant to be worker.

theories are not facts but it does offer some good correlations and a refreshing perspective on things

Hello to all who have spent their precius time reading this thread post by post. i believe i have come a small full circle in this thread and planted a seed if you will. whethere one can make this seed grow to a tree to let it die is up to the individual.

it has taken a toll on me as i try to answer some question of others and my own. it has affected my life a bit and i will stop this road to addiction before it begins. (scientific definition of addiction: in pursuiant of something regarless of bad consequences whether it be life or work)

i therefore feel truly grateful for my teacher number 1 and 2 for their ability to keep their thread up to 280 pages and growing. and give props to anyone who maintain a long thread and answer genuinely to questions.

i ask all who think this is helpful and think about what i posted using Eistain's theory of relativity (real estate index fund and buying a house) and the fractual nature of this universe (box within a box, four 15min candles= 1 hourly candle, 24 hourly candles = 1 daily candle, so on and so forth) and circular nature of this universe (our brain depend on our supporting organs to survive but the supporting organs depend on our brain to make the right choices)

i hope you all gained a new perspective on the market but most importantly use this new perspective relatively and relflect upon life.

i wont be posting here as regularly but i do ask the people who have something urgent to ask or have an argument against my views to PM me. i will be checking them on a weekly basis.

also i ask that if you have found this thread helpful, spread the word so that it may help others to gain another perspective. it is by no chance that you came across this thread (i ask you this question, how did you find this thread to begin with?? )

Thank you all again for reading thus far

Exactly what I was implying. But do you really see the US coming back?? I do,but not anywhere near where we were before. I see money going else where. If I had money to blow I'd be buying up real estate in Australia.

So you are sayin treat the market as a blackjack game. Can you be more specific?

If you count the cards in blackjack you know when there are lots of face cards left in the deck and therefore dealer has a higher probability of busting therefore you, as a player have to raise your bets because odds are in your favor.... How can you apply this in trading?

find your edge (high probablity entries) and IF it going your way, stack them up. read the millipede thread by pipeasy, i learned half from him and half from my first teacher (but his name can never be mention here, for i will be banned, LOL)

but i just used what they taught me in trading and reapplied it back to life. { really anything for that matter (an atom or an universe, nuclear fission/big bang theory anyone?? )}.


now iulli, think about this question: why do you think he is banned, because he helps the rich or trying to help the masses?

again, thank you very much for your using your time and reply here.

i highly recommend reading pipeasy's thread (if i was the dictator of trading, i would make everyone read my first teacher's 280+ thread first then read pipeasy's thread.).
but first, you have to truly believe, that you as one person is not bigger than the market.

Well, I don't know if the US will come back or not and really I don't want to predict....All what I need to know is that if I buy real estate in the US at cheap prices relative to their value, chances are, I will make a profit on the long term....

Remember that real estate are inflation proof to a large extent, so even if the USD went crap, the real estate will still adjust it's price accordingly...


Regards,

Nader

It is very similar indeed....You are always playing against someone in the markets and that's the same in Blackjack...You control when to enter the market and in Blackjack you control which hands do you want to play and which you want to skip...You also control how much to do you want to risk on a single trade and the same goes for blackjack...There are instances where you can split/double in blackjack and in the market you can increase your position anytime you see the odds increasing in your favor...

It is very similar with minor differences...


Regards,

Nader

hello narafa.

thank you for keeping an open mind. and I LOVE your quote. BE that nail sticking out of the board,

i see the lower middle class houses as being very cheap.
did you know you can buy a house in Baltimore Maryland for 10-30 k? o.O off course these are lower middle class houses (some needs work to be done on it). (good locations though, some of them right next to big institutes/universities)

^.^ thats just my opinion.

thank you for your precious time.

You said your first teacher was a rat.

And you would probably blow the money!
Australia is sitting on a property bubble - not the best time to be investing.