Yeah, but why though....?

mr.marcus

Well-known member
Aug 26, 2003
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#31
My waffle elegantly précised in 12 words. It took me ten years to work this out, mind. At last I no longer care, I just get on with it. Hey perhaps that's the secret! :)
I couldn't agree more with the sentiments frugi and CV. After many years of searching for the "whys" and "hows", and having missed many prime opportunities because of the need to "know" every detail ,I decided to review my trading over the last few weeks and strip it down to KISS. This for me has also become a matter of a few well placed levels,trendlines, and very obvious price action. For this I also would like to thank Trader Dante and Wasp in particular who have always fought for absolute simplicity; apologies to others who also champion this principle who I haven't mentioned.

Ultimately these changes have led to less mental angst and consequentially freed time and energy which I have now reassigned to other creative endeavours outside of trading which i neglected for years. I am personally a lot happier in myself for "letting it all go".Those who saw my ramblings as superfluous, I can only say you were right and apologise.
Continued success to you all.
 
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chump

Well-known member
Dec 12, 2003
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#32
I couldn't agree more with the sentiments frugi and CV. After many years of searching for the "whys" and "hows", and having missed many prime opportunities because of the need to "know" every detail ,I decided to review my trading over the last few weeks and strip it down to KISS. This for me has also become a matter of a few well placed levels,trendlines, and very obvious price action. For this I also would like to thank Trader Dante and Wasp in particular who have always fought for absolute simplicity; apologies to others who also champion this principle who I haven't mentioned.

Ultimately these changes have led to less mental angst and consequentially freed time and energy which I have now reassigned to other creative endeavours outside of trading which i neglected for years. I am personally a lot happier in myself for "letting it all go".Those who saw my ramblings as superfluous, I can only say you were right and apologise.
Continued success to you all.
The real reason the why's and how's are important,that is intermarket relationships, is because I would rather be milking 6 cows as opposed to waiting for one to come in from the field ;) ...you can just trade off just one market maybe even one instrument with low risk , but more is better to keep the opportunities and money working because the risk can be kept low whilst the returns increase...and ultimately risk to reward is the key measure of how well you trade. The more trades you have setting up legitmately ,and not because you are bored ,the better.

LOL..however ,if like Wasp you are betting 50p a point then it's all immaterial ;)
 
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firewalker99

Well-known member
Jul 29, 2006
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#33
I couldn't agree more with the sentiments frugi and CV. After many years of searching for the "whys" and "hows", and having missed many prime opportunities because of the need to "know" every detail ,I decided to review my trading over the last few weeks and strip it down to KISS. This for me has also become a matter of a few well placed levels,trendlines, and very obvious price action. For this I lso would like to thank Trader Dante and Wasp in particular who have always fought for absolute simplicity; apologies to others who also champion this principle who I haven't mentioned.

Ultimately these changes have led to less mental angst and consequentially freed time and energy which I have now reassigned to other creative endeavours outside of trading which i neglected for years. I am personally a lot happier in myself for "letting it all go".Those who saw my ramblings as superfluous, I can only say you were right and apologise.
Continued success to you all.
Now, now,... "a few well placed levels,trendlines, and very obvious price action. "...

Coming from the person who made most fun of all the "simple traders" out there who couldn't get a grasp of "intent", that's quite the statement. Just two months ago you were still up on that mountain looking down on us:

...in the meantime may your trendlines bring you all the prosperity and happiness you wish for....with love as always ...mark j.
Guess it's positive you finally found your way to the light eh! :idea:
 
Aug 21, 2004
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#34
FW people change...they have revelations at different times and in different orders...and I suspect mr m has had one of these revelations of a different kind...quite unrelated to trading perhaps.....and after further introspection, it's possible that this has lead to a change in the way he operates his trading activities.

Then again I could be way off base !

You on the other hand seem to think all of this is about competing against each other...points scoring.

Try focussing on competing in the market...and not against others here at T2W.
 

firewalker99

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Jul 29, 2006
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#37
No competing in the market place, the things just a cash register!

Its like sitting an exam with the teachers answers page... ;)
Yeah -one has to wonder- if you know you'll have the teacher's answers page for every upcoming exam, why the hell change your approach and spent time studying the charts, sorry books ;)
 

firewalker99

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Jul 29, 2006
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#38
What looks flat, neat and blindingly blatant on 4H is likely to look scary - only to those that allow it to become scary of course - on a 5m. Plus that is a generous GY chart ... often, as I'm sure you know far better than me, the devious little lady overshoots both ways just sufficiently to trap the unwary, again only if they let her.
The 1 minute looks even more scary. How anyone can trade this with tight stops, is beyond me.
 

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firewalker99

Well-known member
Jul 29, 2006
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#39
You on the other hand seem to think all of this is about competing against each other...points scoring.

Try focussing on competing in the market...and not against others here at T2W.
I don't compete nor fight in the market, I jump along the train that offers me the fastest ride to my destination, without having to pay first class price.

It's all in the mind c_v, it's not about points scoring. You're on about "flexible thinking...marry nothing!" but you're blind for any other approach or method...

Plenty of irony in this thread.
 

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Aug 21, 2004
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#40
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It's all in the mind c_v, it's not about points scoring. You're on about "flexible thinking...marry nothing!" but you're blind for any other approach or method...

Bingo (y).....there is only One correct approach and method....my method I own it...everything else is just plain wrong.

Plenty of irony in this thread.

By the bucket load. :)
 

firewalker99

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Jul 29, 2006
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#41
Take some time to reflect and try to remember if I ever said somebody else's approach or method was wrong or worse than mine. The only times I've defended my point of view, was when other people scoffed or ridiculed something I was advocating. And, against popular opinion, I even admitted new_trader made some valid points. There's the difference between attacking the person or the message, which you don't seem to grasp.

Trendlines, just to name one of them... the fact that mr. wot happened next is now succumbing to the use of them, is just stupendous.

If you fail to see the irony in that, perhaps you're more of a mole than I thought.
Carry on with the wide stops...
 
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wasp

Member
Aug 11, 2003
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#42
Its funny though, I recommend to most newbies I speak to these days to spend equal time with excel as they do studying price action.

I think it was ducati998 who spent the majority of his time gladly infuriating Socrates pointing out that, for technical analysts, its all just MM and statistics!
 
Likes: elitejets
Aug 21, 2004
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#43
Take some time to reflect and try to remember if I ever said somebody else's approach or method was wrong or worse than mine. The only times I've defended my point of view, was when other people scoffed or ridiculed something I was advocating. And, against popular opinion, I even admitted new_trader made some valid points. There's the difference between attacking the person or the message, which you don't seem to grasp.

Trendlines, just to name one of them... the fact that mr. wot happened next is now succumbing to the use of them, is just stupendous.

If you fail to see the irony in that, perhaps you're more of a mole than I thought.
Carry on with the wide stops...

Clearly time to get back in my hole then :)...might pop up from time to time if there is something that takes my eye.

Did someone mention new_trader :sleep::sleep:

Unsubscribed :)
 

dick_dastardly

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Jun 28, 2003
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#45
people change...they have revelations at different times and in different orders...and I suspect mr m has had one of these revelations of a different kind...quite unrelated to trading perhaps.....and after further introspection, it's possible that this has lead to a change in the way he operates his trading activities.

Then again I could be way off base !
Well for one thing, I'd say his writing style has definitely changed cv.


dd