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Trading old style with new tools

  • #1
  • First Post: Dec 20, 2014 1:10pm Dec 20, 2014 1:10pm
I know that this is the commercial section, and most of the traders will ignore this thread.

What does the picture have to do with trading?
Attached Image
  • #2
  • Dec 20, 2014 3:41pm Dec 20, 2014 3:41pm
Quoting exmasis
I know that this is the commercial section, and most of the traders will ignore this thread. What does the picture have to do with trading? {image}
Nothing.
  • #3
  • Dec 21, 2014 2:50am Dec 21, 2014 2:50am
If it represents a bell curve, then it is the secret to wealth.
You cannot be extraordinary by being normal
  • #4
  • Dec 21, 2014 3:30am Dec 21, 2014 3:30am
Quoting dkrock
If it represents a bell curve, then it is the secret to wealth.
Actually, secret it is kind of a heavy word but it is something like that just because it is not known to many for the simple thing that most of the traders do not want to find how to really trade and are looking for systems that are "glamorous".

This secret, as said by many before me, it is out there for anyone to discover it. I haven't invented anything new, just discovered the real way to trade and with the help of technology, nowadays it's easier than it was back in the day.

@dkrock: bell curve is what it is indeed, though I would have never used this word as it is ambiguous for a common trader. DKROCK, you are a high impact member of FF, so just by your reply with the bell curve (and other posts of yours) I know that we can have a nice discussion here, maybe enlighten a bit the "newbie" traders.
  • #5
  • Dec 21, 2014 3:32am Dec 21, 2014 3:32am
Quoting bodypip
{quote} Nothing.
Actually it does have something to do and quite a lot I might say. It is the only thing that I found in all my trading years to be consistently profitable in forex. Other things come and go with the market volatility and conditions or has too much drawdown or very large SL, which in the end will be translated into not trading for profits on a constant basis.
  • #6
  • Dec 21, 2014 3:36am Dec 21, 2014 3:36am
Also, the curve/wave above represents an interesting phenomenon found in nature which is the natural thing of something mankind could not achieve with science by now.

Does anyone know what it is? How is that phenomenon related to trading?
  • #7
  • Dec 21, 2014 6:03am Dec 21, 2014 6:03am
It's called cycle...
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  • #8
  • Dec 21, 2014 10:10am Dec 21, 2014 10:10am
That represents the laws of supply and demand.
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  • #9
  • Dec 21, 2014 10:38am Dec 21, 2014 10:38am
Quoting exmasis
Also, the curve/wave above represents an interesting phenomenon found in nature which is the natural thing of something mankind could not achieve with science by now. Does anyone know what it is? How is that phenomenon related to trading?
It's not related to trading.
  • #10
  • Dec 22, 2014 8:11am Dec 22, 2014 8:11am
Market participation / momentum, as applied to trading.
  • #11
  • Dec 22, 2014 8:45am Dec 22, 2014 8:45am
Quoting exmasis
Also, the curve/wave above represents an interesting phenomenon found in nature which is the natural thing of something mankind could not achieve with science by now. Does anyone know what it is? How is that phenomenon related to trading?

Would you like to expand a bit on that ?
  • #12
  • Dec 22, 2014 11:40am Dec 22, 2014 11:40am
Quoting Crazy-Trader
It's called cycle...
Indeed a cycle, at its core... more than that when analysed in detail
  • #13
  • Dec 22, 2014 11:41am Dec 22, 2014 11:41am
Quoting sunnym
That represents the laws of supply and demand.
True - supply and demand ... more than that though
  • #14
  • Dec 22, 2014 11:42am Dec 22, 2014 11:42am
Quoting chriss72
Market participation / momentum, as applied to trading.
Very close... participation indeed and also momentum... both are interdependent - cannot exist one without the other
  • #15
  • Dec 22, 2014 11:45am Dec 22, 2014 11:45am
Quoting exmasis
I know that this is the commercial section, and most of the traders will ignore this thread. What does the picture have to do with trading? {image}
where can we read more about this i have been thinking about bell curve but i dont know how to integrate in trading? it's this the effect that we see on charts as pullback?
  • #16
  • Edited 12:16pm Dec 22, 2014 11:49am | Edited 12:16pm
Quoting argosgate7
{quote} Would you like to expand a bit on that ?
A joke come to mind when saying that trading is simple and you should not complicate things more than they are and need to be...

"When NASA first started sending up astronauts, they quickly discovered that ballpoint pens would not work in zero gravity. To combat the problem, NASA scientists spent a decade and $12 billion to develop a pen that writes in zero gravity, upside down, underwater, on almost any surface including glass and at temperatures ranging from below freezing to 300 C.

The Russians used a pencil."

NO PUN INTENDED SHOULD BE TAKEN AS A JOKE and for the purpose I just put it here. Maybe I should have substituted with other nations

Let's say this joke is also related in a way to the wave/cycle picture above. Maybe now you can discover the 'phenomenon' I was talking about .

Like trading, you just need to think a little...
  • #17
  • Dec 22, 2014 11:55am Dec 22, 2014 11:55am
HINT: there are 2 small white dots on the cycle above. Actually, when not thinking only to trading and searching nature for answers, the picture above does not represent a cycle and we might find the answers we need.
  • #18
  • Dec 22, 2014 11:59am Dec 22, 2014 11:59am
Quoting exmasis
{quote} Very close... participation indeed and also momentum... both are interdependent - cannot exist one without the other
For some reason am thinking of 'group mind' with the nature reference, birds in flight and the like?
  • #19
  • Dec 22, 2014 12:17pm Dec 22, 2014 12:17pm
Quoting chriss72
{quote} For some reason am thinking of 'group mind' with the nature reference, birds in flight and the like?
Obviously you have read a lot of threads

Don't overthink it. I am not trying to complicate things, just the opposite ... simplify your trading!
  • #20
  • Dec 22, 2014 12:31pm Dec 22, 2014 12:31pm
Well , those 2 white dots are "boundaries" ... If this is a bell curve , then within the area that is bounded by those 2 dots , lie approximately 68 % of the observations
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