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What do you absolutely know about the Market?

  • #41
  • Edited 8:44am May 19, 2011 8:26am | Edited 8:44am
Quoting nubcake
common sense dictates what is absolute and what is airy fairy. it does not require a panel of 100 scientists to create complicated proofs.

stop.
Ahh, come on... That is exactly what I was trying to explain. No 100% exists, so everyone should write what they think is true, thats all. This is exactly why I wrote that no 100% truth exists, not to argue, but to ENCOURAGE everyone to write write and write.

Thanks Cindy for starting this thread. sorry for my comments, I was not trying to contest, I wanted to defend contributors, and the two things are not the same.

See you guys, have a nice day.
  • #42
  • May 19, 2011 8:30am May 19, 2011 8:30am
Trading is like shopping, for a good bargain. Shopping in a mall requires the ability to navigate around the mall, shopping in the market requires the ability to navigate the market. Acquire that ability and common sense will light your path.
  • #43
  • May 19, 2011 8:33am May 19, 2011 8:33am
Quoting csabz90
sorry for my comments,
.
No need, cheers
Time hides Nothing
  • #44
  • May 19, 2011 9:00am May 19, 2011 9:00am
Quoting csabz90
And this is where I can come to my point: I don't see who is the one to decide where the border is between what we call absolute facts and subjective beliefs. My belief is that it is not you who decide, not anyone else. Its a matter of BELIEF.
Okay, then let me tell you how to decide where the border between and absolute fact and a subjective belief is.
Beliefs are claims that are not proven yet. Absolute facts are undeniable truths, cause they have been proven through scientific methods.
  • #45
  • May 19, 2011 9:04am May 19, 2011 9:04am
Quoting mr.marketz
Strategies don't lose you money... over leveraging, and the inability to take a loss do.
I'd say that strategy and trader are like a jet and a pilot, one can't fly without the other. Whether it's a problem in the method or in its components, or a problem in your money management or your emotions control - fear, greed, inability to stop a losing trade or at least scale it out, etc. - it's going to end your trade just like a jet that's going to crash.

that's why many EA's fail. And most of market participants are real people who make decisions whether it's bank management or people with big money, so you have to adjust to that. EA can't adjust, it'll trade each trade the same way because of its inability to subjectively judge the conditions and see the bigger image.
  • #46
  • May 19, 2011 9:06am May 19, 2011 9:06am
Drop it Custos - You're not a member I want on my ignore list
Time hides Nothing
  • #47
  • May 19, 2011 9:13am May 19, 2011 9:13am
Quoting Custos
Okay, then let me tell you how to decide where the border between and absolute fact and a subjective belief is.
Beliefs are claims that are not proven yet. Absolute facts are undeniable truths, cause they have been proven through scientific methods.
When you state this, you presume a 100% reliability of scientific methods. We could argue about it for hours, days, but let's not do this. At least I do stop now. You think what you do, I think what I do.

I am very happy to read anything that has not been proven through scientific methods, anything that is words of wisdom, anything that contributes to a pleasant conversation. So let's continue collecting ideas
  • #48
  • May 19, 2011 9:17am May 19, 2011 9:17am
Its pretty simple guys - If your not answering the question then your post is invalid (And that includes apologizing for not answering the question), this is the last warning I give -

Don't mean to be a dick about it but this is just how I want it to be
Time hides Nothing
  • #49
  • May 19, 2011 9:21am May 19, 2011 9:21am
If the market would consist of only one instrument, trading would be too easy.
  • #50
  • May 19, 2011 9:29am May 19, 2011 9:29am
Quoting CindyXXXX
Drop it Custos - You're not a member I want on my ignore list
okay
  • #51
  • May 19, 2011 9:29am May 19, 2011 9:29am
Quoting UnnamedPlayr
If the market would consist of only one instrument, trading would be too easy.
Imagine a market where everyone sees the exact same thing.

Then the question comes up... does the market absolutely fly in one direction, or does it come to a standstill because there is no counter liquidity?

Just some food for thought.
  • #52
  • May 19, 2011 10:01am May 19, 2011 10:01am
Markets are NOT efficient.

Almost every trade has a damn good reason for entering the market.

There is no true value, but there is a collection of perceived value.
Cautiously optimistic. . .
  • #53
  • May 19, 2011 10:11am May 19, 2011 10:11am
Prices exhibit long range dependence.
The nail that sticks out gets hammered back in
  • #54
  • May 19, 2011 10:45am May 19, 2011 10:45am
Making money in the market is not about predicting anything ...
  • #55
  • May 19, 2011 10:55am May 19, 2011 10:55am
Price will always go in the direction that causes the most amount of pain to the most amount of people.
Never underestimate an idiot.
  • #56
  • May 19, 2011 11:21am May 19, 2011 11:21am
All can say is that Market is a very Dangerous Place.

Filled with wrong Guys.... who donot think about themselves. however we Need them.

I mean I need them.....





theGambler_isHere
  • #57
  • May 19, 2011 11:27am May 19, 2011 11:27am
Quoting uncle gromit
Price will always go in the direction that causes the most amount of pain to the most amount of people.
Gromit,

You you just gave me a hard-on with this one... well played, sir.
  • #58
  • May 19, 2011 11:34am May 19, 2011 11:34am
i dont know much about it yet.

Even not sure about what i just said.

It's like someone tells u about a Movie but he only tells u about what happened in the start and middle and leaves you wondering about the rest.
.
  • #59
  • May 19, 2011 11:44am May 19, 2011 11:44am
Quoting uncle gromit
Price will always go in the direction that causes the most amount of pain to the most amount of people.
Exactly.

Price action.... support and resistance.... Sure, those are good technical indicators.

But, trading is not easy. The market will never make it easy. It can be done, but the one thing the market will always do, is move in ways that will simply take the most amount of money from the most amount of people.

Agreed.
  • #60
  • May 19, 2011 11:51am May 19, 2011 11:51am
Quoting mr.marketz
Gromit,

You you just gave me a hard-on with this one... well played, sir.
Never underestimate an idiot.
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