Hello new_trader, thank you for your comprehensive response.Ok Bramble, I will oblige you. By the way, it's good to see you posting again after your dramatic resignation a few months ago. I look forward to your next performance.
My dramatic resignation? Got a pointer to that post? Didn’t think so. I chose to stop posting as conditions existed at that time which I felt were not conducive to me continuing to do so. Those conditions have subsequently been addressed and resolved by site admin. So I’m posting again. I’m touched by your words though and I am over the moon that you’re pleased.
It’s a jolly good job your trading research is more thorough than that you carry out on posts on these boards though, or you’d have to work for a living. Talking of which, jobs and trading, are you still doing shift work or have you managed to move to full-time trading, or are you trading at all yet?
No, clearly it wasn’t. Either your example or your thinking. But I’m sure the fault is mine. And all the others who didn’t understand either. Dimwits, all of us I’m afraid.About my example: I thought it was obvious, but clearly, it isn't.
I’m guessing if he isn’t questioned it’s because he explains things satisfactorily enough not to leave any questions for the asking? Make sense?You see, trader_dante posted an 'example' of what he is talking about and nobody questioned him. Why?
Can’t comment on any of that as I don’t follow that thread. I don’t think it’s a case of you being actively denied credibility though – it’s just that you simply don’t appear to have any. Short-sighted bunch as well as dimwits. I’m glad you’re hanging in though – we all need educating.I would say there are 2 reasons:
1) A 'pin bar' is obvious, even you can see them. :-0
2) He has devoted a thread with over 1000 posts giving lessons on how to trade, something that I am not prepared to do. This, for some reason, has afforded him the credibility that I am denied.
There’s not an awful lot not to understand in your chart. Can’t speak for anyone else, but what I couldn’t understand was what it was you thought we were supposed to be seeing in your chart. There’s nothing on there to shake a stick at. I wonder if you hoped a real trader would come along and help you out. Explain about S&R and volume. Show you what you should be looking for. I would be delighted to do so, but I need to know more of your personal style, financial situation and trading aspirations. I was a little embarrassed with your pleading for real traders to make live calls on another thread. Even if we did so, it would not serve your purpose in any way to simply ride our coattails. We are all very different and you’ll need to develop your own system or you’ll have no chance of long-term success.I am an advocate of tight stops, yet whenever I mention this I get the usual responses like "They will keep getting hit" etc...etc...etc...What disturbs you and dax destroyer is that you cannot understand what you see in my chart and this is why you want a clear and precise explanation, something I am not prepared to do.
Talking of no chance of long-term success, are you still in touch with your previous self-adopted mentor? He never made any live calls. Or rather, he did, but they weren’t. But his ribald humour will help you keep your chin up while all those tight stop losses keep getting hit.