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understanding trading

  • #21
  • Mar 5, 2012 8:39pm Mar 5, 2012 8:39pm
Quoting calamardo

Pipmutt, could You elaborate more on this?
I don't really want to hijack the thread but I suppose it's similar in some ways to the difference between being a professional gambler and a mug punter (an area I believe you have some knowledge about?).

Like I say, Mark Douglas's book puts things into perspective and is well worth a read in my opinion. It's a bit dated now (and annoyingly repetitive in places!) and a while since I read it, I must read it again some time....I'll warn you in advance tho, there aren't any trading strategies in it, but from memory the start and end questionnaire can be quite revealing!
  • #22
  • Mar 5, 2012 9:01pm Mar 5, 2012 9:01pm
Quoting pipmutt
I don't really want to hijack the thread but I suppose it's similar in some ways to the difference between being a professional gambler and a mug punter (an area I believe you have some knowledge about?).

Like I say, Mark Douglas's book puts things into perspective and is well worth a read in my opinion. It's a bit dated now (and annoyingly repetitive in places!) and a while since I read it, I must read it again some time....I'll warn you in advance tho, there aren't any trading strategies in it, but from memory the start and end questionnaire...
i smell ambiguity..........I do not get the point? yet when I am trading, I am not betting on appreciation or depreciation of the asset in question?

i must be a newbie who thinks that to make money shorting a currency pair has to devalue i guess............
AVT INVENIAM VIAM AVT FACIAM
  • #23
  • Mar 5, 2012 9:11pm Mar 5, 2012 9:11pm
Quoting the redlion

I do not get the point?
Evidently.


Quoting the redlion

yet when I am trading, I am not betting on appreciation or depreciation of the asset in question?

i must be a newbie who thinks that to make money shorting a currency pair has to devalue i guess............
Giving someone a paintbrush doesn't make them an artist, it barely makes them a second-rate decorator in most cases!

Read the book.....or don't
  • #24
  • Mar 5, 2012 9:16pm Mar 5, 2012 9:16pm
Quoting pipmutt
Giving someone a paintbrush doesn't make them an artist, it barely makes them a second-rate decorator in most cases!

Read the book.....or don't
LOL I Don't need to read the BOOK, If you are talking Indicators........ONE MUST KNOW what they are indicating, and have at least some background on Statistics, mathematics, and Macro/micro economics.

at the end of the day, options, futures, spot fx, equities, and indices, etf's is a BET ON DIRECTION AND VOLATILITY.
AVT INVENIAM VIAM AVT FACIAM
  • #25
  • Mar 5, 2012 9:22pm Mar 5, 2012 9:22pm
Quoting the redlion

LOL I Don't need to read the BOOK
Ok, if you say so


Quoting the redlion

If you are talking Indicators........
Well I was talking trading, you were talking price prediction and indicators, but apparently that's the same thing to you.

Horse...water...lead etc etc etc
  • #26
  • Mar 5, 2012 9:30pm Mar 5, 2012 9:30pm
Quoting pipmutt
Ok, if you say so




Well I was talking trading, you were talking indicators, but apparently that's the same thing to you.

Horse...water...lead etc etc etc
wow, this is pointless.

here is my premise, when you buy, you expect appreciation of the asset
when you sell you expect devaluation ...........if you are right you make a profit

apparently I don't get the point and you have this revealing truth that you can make money non directionally, yet you are very ambiguous and do not want to tell it for fear of hi jacking the thread.

Your premise is that you cannot make a horse drink water from the water hole yet when the horse says that drinking water involves the process of intaking H2O through a complex series of muscle contractions you tell the horse "no, you dont get the point"

huh?
AVT INVENIAM VIAM AVT FACIAM
  • #27
  • Mar 5, 2012 9:34pm Mar 5, 2012 9:34pm
oh just shut the fuck up already.... no one cares. this isn't the time or place for this same tired old record to be played over and over again and again. take it somewhere else and leave the poor op's thread alone.
Congratulations ScalaFX for coming out of the closet!
  • #28
  • Mar 5, 2012 9:35pm Mar 5, 2012 9:35pm
Quoting the redlion

wow, this is pointless.
lol, totally!

Read the book, don't read the book, trade, don't trade......it makes not one iota of difference to me 'cos really, who gives a shit
  • #29
  • Mar 5, 2012 9:35pm Mar 5, 2012 9:35pm
go back to being depressed nubcake, apparently you care enough to reply.
AVT INVENIAM VIAM AVT FACIAM
  • #30
  • Mar 5, 2012 9:40pm Mar 5, 2012 9:40pm
WOOF!
  • #31
  • Mar 5, 2012 9:42pm Mar 5, 2012 9:42pm
Quoting pipmutt
lol, totally!

Read the book, don't read the book, trade, don't trade......really, it makes not one iota of difference to me
pipmutt if you have nothing of value to say, and you want to groom that ego on how you are way above everyone else that you dont even have to care for the direction of the asset you are trading, and some how some ones book will reveal the holy grail............i find it vacuous


Yes makes no difference to you if I trade or don't trade if i lose or gain its all on the individual trader.

the reason there is no holy grail is that you cannot see into the future
all you have is an extrapolation of statistical probabilities, and an expectation of appreciation or depreciation of the asset in question, with a historical price variation that hints at possible future behavior.

recognizing direction
volatility
and not being over leveraged while being able to maximize returns and minimize losses is all there is to trading.

more art than science........It is all about speculation of the unknown solve the conundrum by having net positive results and you are on your way to success.

ONE WILL NEVER BE ABLE TO SEE THE FUTURE, therefore losses will always occur.
AVT INVENIAM VIAM AVT FACIAM
  • #32
  • Mar 5, 2012 9:44pm Mar 5, 2012 9:44pm
Quoting the redlion
go back to being depressed nubcake, apparently you care enough to reply.
oh that cuts me deep mr coat-tails.... real deep. did you learn about depression while putting bandaids on peoples skinned knees, since no one believes you are anything other than a medical lacky?

shut up already and get a clue of your own instead of yapping the same old shit over and over. first it was "fti this, fti that". now it's "indicators this, statistical and probabilities that". you argue to try and prove to yourself that you are right, when no one cares either way except you.

i'll enjoy ignoring your reply.

blowhard.

edit : clearly this is just going to be another pointless argument thread filled with pictures and wasted posts about absolutely nothing relevant to anything. to the bin this thread shall surely go.
Congratulations ScalaFX for coming out of the closet!
  • #33
  • Mar 5, 2012 9:49pm Mar 5, 2012 9:49pm
Quoting nubcake
oh that cuts me deep mr coat-tails.... real deep. did you learn about depression while putting bandaids on peoples skinned knees, since no one believes you are anything other than a medical lacky?

shut up already and get a clue of your own instead of yapping the same old shit over and over. first it was "fti this, fti that". now it's "indicators this, indicators that". you argue to try and prove to yourself that you are right, when no one cares either way except you.

i'll enjoy ignoring your reply.

blowhard.
what you believe makes no impact on my career, tell you what, i am a janitor at a nursing home hahahahaha are you happy now?
while i make more money than you ever could, and fulfilled my goals of attaining a higher education, what do you have to show nubs?

a sad troll at a bulletin board......... don't make me laugh.

you do not like my comments then do not read them, you feel compelled to reply for some odd reason.

for all your inane statements and pointless trolling, i find it unlikely you are anything short of a loser
AVT INVENIAM VIAM AVT FACIAM
  • #34
  • Mar 5, 2012 9:54pm Mar 5, 2012 9:54pm
Quoting the redlion
Yes makes no difference to you if I trade or don't trade if i lose or gain its all on the individual trader.

the reason there is no holy grail is that you cannot see into the future
all you have is an extrapolation of statistical probabilities, and an expectation of appreciation or depreciation of the asset in question, with a historical price variation that hints at possible future behavior.

recognizing direction
volatility
and not being over leveraged while being able to maximize returns and minimize losses is all there is to trading.

more...
Not bad. I see some beagle-like qualities. Hehe.
  • #35
  • Mar 5, 2012 9:56pm Mar 5, 2012 9:56pm
Quoting the redlion

you are way above everyone else.....and some how some ones book will reveal the holy grail
lol, the 'holy grail', who said anything about it being the holy grail? It's a book about trading that's been out there for 12+years, it's not some secret sauce recipe. It's directed at people like you.....well as long as they have the intelligence to be able to understand the message of course!

I don't consider myself as being 'above everyone else' (but there are some very obvious exceptions!), I was discussing trading on a trading discussion forum is all, it's hardly my fault that you don't understand!
  • #36
  • Mar 5, 2012 9:58pm Mar 5, 2012 9:58pm
Quoting pipmutt
lol, the 'holy grail', who said anything about it being the holy grail? It's a book about trading that's been out there for 12+years, it's not some secret sauce recipe. It's directed at people like you, well as long as they have the intelligence to be able to understand the message of course!

I don't consider myself as being 'above everyone else' (but there are some very obvious exceptions!), I was discussing trading on a trading discussion forum is all, it's hardly my fault that you don't understand!
this is a stupid reply, grow some brains, disprove my points.
shut me up by teaching me something of value will ya?
AVT INVENIAM VIAM AVT FACIAM
  • #37
  • Mar 5, 2012 10:00pm Mar 5, 2012 10:00pm
Quoting 2+2=4ex
Not bad. I see some beagle-like qualities. Hehe.


some one understands the market apparently..... just like your name says

2+2=4
AVT INVENIAM VIAM AVT FACIAM
  • #38
  • Mar 5, 2012 10:01pm Mar 5, 2012 10:01pm
Quoting the redlion

while i make more money than you ever could....


Here we go.......same shit, different day
  • #39
  • Mar 5, 2012 10:06pm Mar 5, 2012 10:06pm
lol....it is true though

but not trading, i make money working..............actually sitting on my ass at home trolling forums taking phone calls and giving orders for simple shit like

abx
increasing doses of anit hypertensives
d/cing stupid laxatives and such.

occasionally having to go out to hospitals to take care of cases when the nursing staff does not have the brains to do some independent nursing interventions and stating their problem well after a proper assessment

I am no trading guru, but I have enough knowledge to know what it is about, and enough brains to know when i am fucking up.

here is a question for you.........when you graduate from high school with honors, are valedictorian and you are 16 get accepted to university and finish your studies, are a new grad and get a high paying job doing nothing.........you must be a genius right lol?
AVT INVENIAM VIAM AVT FACIAM
  • #40
  • Mar 5, 2012 10:06pm Mar 5, 2012 10:06pm
Quoting the redlion

this is a stupid reply, grow some brains, disprove my points.
shut me up by teaching me something of value will ya?
lol I already tried but it seems like an exercise in futility, you already think you know everything there is to know

What's up red, you had a bad trade or something or did you sit on an enema by mistake?
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