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zdo
Market Wizard-
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Everything posted by zdo
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finally got a picture of the new down on the river jpenny boy girl jk sorry jp, I might be having too much fun
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greensboro man say it like it is more better btw - the first 'gun' laws were implemented to disarm minorities... just sayin'
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“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage.” ― Alexander Fraser Tytler The next crisis will be the last. No, the next crisis after that will be the last. No, it's the one after that... http://realinvestmentadvice.com/the-next-crisis-will-be-the-last/
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Advice for Beginners....don't Try to Make Money.
zdo replied to TheNegotiator's topic in Beginners Forum
JohnyIve, Please design and write us "some tips, or links for beginners". Thanks -
Thanks for the text. We would appreciate a post. Here’s a sample (of size, not quality ). By the time you are ‘mature’ (maturity can come at any age) enough to trade, you have typically completed standardized ‘education’ and should drop the model asap. In other words, conventional education model will not be effective for learning in trading and seeking a general education in trading, whether curriculum based or not, is a waste of time and of whatever costs are incurred. Instead, anyone ready for trading should also be ready for SELF education. Basically , to really thrive as a trader, I blve you move beyond the currently failing ‘educational’ paradigm founded on the premise that humans can only make sense of the world via communication with each other. On the objective knowledge front that means seeking out only the specific information about instruments, data, exchanges, transactions, orders, etc etc you personally need to fill gaps in your understanding. The beginning trader typically only has about 3 really (seemingly) ‘stupid‘ questions. Ask them. Get it over with. The rest of things are easy to access and learn. You don’t need no fkn ‘education’ in it. On the ‘sychological’ front, that means studying the opportunities and limitations of your own neurological and temperamental tendencies, your sympathetic and parasympathetic balance and tendencies, your own limbic system, and the degrees to which you are susceptible to each trading ‘bias’ (see Daniel Kahneman, etc.)..., your desires and what you do with them, etc. etc. It takes deep self-study. Reading about, taking courses, or even getting degrees in psychology won’t help you a fkn bit. On the methods front, that means getting in the cockpit and getting real experience with real money so you will actually learn what methods best suit your true nature. Do that before any outside training. Once you have almost mastered your method then you will also know what exactly what you need to work on. Get sufficient experience in your own best method(s), then seek an expert in that method for further increases in leverage. With trading educators there is no transference of ability or capacity. As I’ve said many times now, a teacher can never really teach you his method because there is simply too much differences between your perceptual maps and cognitive processes and his. He will be unconsciously competent at things that he will never be able to ‘share’ with you, etc etc. Wycoff could not teach you wycoff, etc. Their students can certainly not teach you wycoff, elliot, whoever. etc. Trust serendipity / synchronicity -"when the student is ready, the teacher will appear". ‘Education’ becomes a useless relic. The ‘voice of trading’ IS trading education that says you need to move more and more into just running scripts instead of ‘playing’ at trading ‘creatively’ . If you think you’re the special exception that can pull off changing yourself to match up with a ‘system’, which likely you do if you’re reading this, go for it - odds be damned. Fail forward as fast as you can. Maybe then you’ll realize you need to get beyond ‘education’. Maybe it will dawn on you that the ‘voice of trading’ has vast areas that nothing is allowed to be spoken about. But, YOU need not to wait until old ‘voice of trading’ deteriorates completely and new media, etc. emerges. Sorry I don’t have time to be queer this up or make it gender indeterminate for our precious ‘student’ snowflakes... or to be very respectful. Bluntly - if you have to be ‘educated’, you’re not ready to trade.
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There was recently a projection on me in here that I probably love bombs and tanks, etc etc... wrong. Nothing about big booms is attractive to me. Been there done that... didn’t like it before during or after... anyways... https://www.oftwominds.com/blogmar18/15-years-war3-18.html so re: the horribus bill and ‘paying’ the military so much - I say Fuck the military ! ... and fuck! - stop being the most evil country on the planet... and I wish 20 to 140 million would join me saying that (but they won’t... can't ... collective insanity)... just sayin'
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Something most people don’t dare think about... and don’t dare speak about https://www.theautomaticearth.com/2018/03/the-science-of-a-vanishing-planet/
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Gun control propagandie https://youtu.be/p4j7tYihvJM
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He’s probably just sayin’ http://davidstockmanscontracorner.com/americas-state-wreck-gathers-steam-the-donalds-war-cabinet-and-the-fiscal-doom-loop-part-2/ - Joseph Goebbels
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How many currencies are, in effect, mere derivatives of the USD? For example, the new petroyuan - (beyond being some corrupt chinese exchange startup entrepreneurs’ wet dreams,) meaningless until they take off the peg to the dollar.
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hi MWzd and company, I also cannot find a way to edit my posts since the upgrade. thx. zdo errata: "purposely " should read "purposefully" in my most recent post. etc etc
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(btw It’s unfortunate we have to go to the level of high school students in here on TL ... but the unfortunate reality is we have a large population of ‘traders’ in here who aren’t much more advanced than high school students ... mainly because they were purposely dumbed down by their culture... anyways ) Hilarious! http://thefreethoughtproject.com/fl-students-who-begged-govt-to-take-their-rights-away-now-realize-how-stupid-that-was/ MEANWHILE ... speaking of only government to have guns !!!!!! https://rutherford.org/publications_resources/john_whiteheads_commentary/enough_is_enough_if_you_really_want_to_save_lives_take_aim_at_governme
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re charting the past bears - Young traders are in kind of a mess these days. They came up in an era of rigged markets (ie rigged even more than usual). They've gotten limited experience in trading authentic selloffs / in shorting or in a diversity of bottoms to learn from. ...and... using nominal historical charts to study past bears can present some serious hazards to certain perceptual ‘maps’. jmo ... Are we charting a present bear yet? I am. It’s all still a bear to me. ...but ... on a (nominal) chart how 2550 $SPX 'acts' is my inflection point btwn immediate deeper ‘bear’ past recent lows or a rally to 3000 $SPX or beyond.
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way back when ... when he was ‘innocent’ ... Zuck: Yeah so if you ever need info about anyone at Harvard Zuck: Just ask. Zuck: I have over 4,000 emails, pictures, addresses, SNS [Redacted Friend's Name]: What? How'd you manage that one? Zuck: People just submitted it. Zuck: I don't know why. Zuck: They "trust me" Zuck: Dumb fucks. // — Julian Assange ⌛ (@JulianAssange) March 23, 2018 // — Anand Giridharadas (@AnandWrites) March 19, 2018 // HOW TO (try to) GET OUT “it can take up to 90 days to fully delete your account and the information associated with it, but it notes that your account will be inaccessible to other people using Facebook during that time. If you’re really serious about quitting Facebook, remember that the company owns several other popular services as well, like Instagram and WhatsApp, so you should delete your accounts there as well.” https://www.theverge.com/2018/3/20/17142806/how-to-delete-facebook-page-account-data-privacy
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BE ADISED IF YOU ARE A SNOWFLAKE -THIS MAY BE NASTY TO LOOK AT https://www.naturalnews.com/2018-03-24-hitler-youth-student-gun-control-march-invades-washington-follows-in-the-footsteps-of-nazis-who-disarmed-the-jews-before-the-holocaust.html A hitler in Mein Kampf Winston Churchill ... and yes, I am aware that it was not my trading finger that was slow last Friday
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Big picture trades: FX: fx trading is weird right now. No - it Sucks right now Positions are featuring JPY GPB CHF pairs... ie currently light on USD pairs... part of the 'wierd'... COM: Getting my toes wet in ag positions. (I’m also going to be an idiot and buy some copper ... however the copper is not really a big picture trade bcse I won’t be giving it much staying power ie likely to be holding it only for a short time ... ) UST: still resisting urge to cover shorts / take some massive profits...still reducing size on new trades to the downside, but sticking with plan to add more shorts on handles no matter which way it goes... INDEXES: No big picture trades at the moment ie am just intraday trading... ( the intraday signals are nice and clean today but my trading finger is about a tenth of a second slow this morning - which ain’t too good ) ... will be watching to put the YM/NQ spread on again after a retrace and leg in and out... will probably post when it’s instantiated... PM’s: are still precious Have a great weekend all. https://www.theburningplatform.com/2018/03/22/questions-of-a-stranger-in-a-brave-new-world/
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If you like your doctor, you can keep your doctor. This is now a well known big fat intentional obama lie - statistically... but there is another slightly more disturbing element making “ If you like your doctor, you can keep your doctor” a lie. Last night after their call I was chatting a minute with one of my wife’s friends from way back who lives in Maine and she mentioned that she indeed had been able to keep the doctor she liked... but across the years their relationship had shifted from real empathetic warmth to a shammy, uncomfortable remoteness on the part of the doctor. She also noted a qualitative shift in the medical care. Early on in the shifts, the doctor had complained to her about new and impending constraints and standards... So you can no longer keep your doctor if you like your doctor because the doctor you kept has radically changed. Doctors now widely hate being doctors and feel stuck in a bureaucratic ‘managed care’ system that progressively gets less and less effective and more and more expensive to administer... now sing " The best part of waking up is centralizing collectivizm in your cup" ... just sayin’
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Judging by chart analysis, nothing radical has happened on the BTCUSD pair in the last 24 hours. The downwards trend on the daily timeframe remains intact. Because of this, it’s perfectly possible that bitcoin will make new highs, which runs to around 23,000 USD.
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OP ED the ‘tricks’ that “undermine democracy” (their term, not mine) CA is not a scandal ... at least no more scandalous than Carol Davidsen and friends* - an operation given the willful assistance of Sheryl Sandberg COO and many others way high up in Fakebook itself (and the help of many gullible nerds **) . But did the Trump campaign need CA and the data it acquired from Kogan to do this kind of outreach in 2016? Likely not. Facebook cut off the friends functionality for app developers because it wanted to control its own offering to clients interested in microtargeting. ...All Facebook requires for access to its data trove is a reasonable fee. ... Facebook ads can work quite well for businesses. If they also worked for Trump, the CA story is a red herring: It's Facebook's own data collection and the tools it makes available to clients that should be the target of scrutiny and perhaps regulation, both from a privacy perspective and for the sake of political transparency. ... But let’s get real - Oceania telescreens are not intended for use by any opposition EVER AT ALL! ... And if it was the Brits instead of the Russians that ‘did it', ( ie beat hilliry, and it had to be somebody... she could and would never beat herself ), one thing for sure - anyone who wasted their time and the advertising portion of their purchases watching the russians russians russians russians russians russians russians russians russians russians russians story featured on the news x times per day every day for 16 months got screwed. ... Only good thang is now the doubters/saboteurs on the msm channels are now doubted more than ever. Paraphrasing - ‘This just a payment dispute. CA got info for free from Fakebook. Somebody got paid, but not Fakebook. Had Fakebook been paid like they ‘use’ally are, this would never have been ‘leaked’ to the eager biased news. How is this any different from what Fakebook does daily with other data customers?’ / * see http://theduran.com/bombshell-video-shows-barack-obama-campaign-director-bragging-about-exploiting-facebook-users/ ** see https://www.theatlantic.com/technology/archive/2012/11/when-the-nerds-go-marching-in/265325/ ///////////////////////// PS also for snicks, see http://truepublica.org.uk/united-kingdom/what-you-really-need-to-know-about-the-scandal-engulfing-cambridge-analytica/ ... and yes sweethearts I do have time to write an op ed... automation got me short at 2:24 last night... all I've had to do this morning is stay out of its way ...
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Zukfuklberg finally spoke? Did he divulge the plan to tighten things up so that only those he and his masters want can have access to the various nodes and angles of fakebook data? Did he mention that the dam platform wasn’t made for just anyolebody that wanted to mine the data? Did he declare that fakebook users aren’t customers ... that they are the product?
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free speech the long https://www.rutherford.org/publications_resources/john_whiteheads_commentary/tolerance_cuts_both_ways_freedom_for_the_speech_we_hate and short http://www.wakingtimes.com/2018/03/19/the-denial-of-the-right-to-an-opinion-our-inexorable-slide-into-fascism/ of it btw hope ya'll are enjoying these indexes auctions this afternoon as much as I am... I love it when the ease of movement is just as easy going either way - up or down ... been wearing a little 'these are the good old days' grin on my face for over an hour now... shifted from NQ over to YM (and some ES) just after 3 PM ... cleaner charts, less bouncing around btwn screens, etc ... to prevent a potential 'give a bunch back' moment - which I've done before blve me and hope you never do... :0 also, will probably close out or at least size down to almost closed the YM/NQ spread in the next little bit...
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Russian collusion ??? ... Russian meddling ??? ... https://www.activistpost.com/2018/03/nearly-100-operations-of-american-meddling-in-russia-publicly-admitted-by-ned.html
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For the record, ... (you know - the records at NSA, and other 3 letter agencies, etc etc etc) ... I prefer plowshares instead of swords - from top to bottom. Nothing about big booms from a tank, or a bomb, or a fast fighter jet is attractive to me. ... and ... There’s not a country on this planet, large or small, that would not be better off with less war, less war creation, and way less military spending... next bet?
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I am going to bring suit against fakebook for selling / giving and 'abusing' my data and my friends’ data during the 2008 and 2012 obama campaigns ... Re FANG’s ...I’m glad ZukFuklberg waited to say something "meaningful" rather than delivering a quick, boilerplate comment about this. If he had spoken quickly, he may have slipped and told the truth (or some of it) . By waiting, I can rest assured everything he’s going to say will be lies - however well crafted and consistent with the newest msm narrative they may be.
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Re trading through report time. Well that was fun. Main thing beginners - you got to be able to trade without stops in place anywhere close to the action...