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zdo

Market Wizard
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Everything posted by zdo

  1. (still think you are being inconsiderate to her I would never treat my wife like that)
  2. cycles (btw I don't really 'want' to short the index(es) ... they 'need' to be much higher... ) (and also... re golf I'm scheduled next mon afternoon to play the first time this year (and maybe last time :doh: ) ) most games are about winning some sex golf is sex. 18 times. most times it's bad 'sex' )
  3. bob, back nibbling short the indexes again... we'll see. bak on topic will a gs ratio retrace be 'meaningful' ?
  4. Hi hantt Welcome. Let me be blunt. Most who enter this lab don’t know if they are an experimenter or a lab rat. And, sadly, there is a running game to delay you finding out. The purpose of this msg is to help you find out quickly. I’m responding to you in part because I can understand to some degree how “I am not very good at socializing or networking, and being technically good at something only gets you so far in a corporate environment.” could make trading look attractive to you. Preface1 (not at the top ?  ) It may be easy to infer that extreme extremes are required from much of what follows about traits and attitudes. Extreme extremes are not required. However, you do need to be pretty far out on the ‘tails’ ... being in the 1st and 2nd deviations won’t cut it... Preface2 (from in the middle ?  ) --- Warning: The’ voice of trading’ will disagree with and most likely attempt to strike down what I’m going to say - maybe vehemently. Instead they will provide a narrative embedded in an established trading education psy-op that is sustained and supported by a trail of many reasonable, well meaning ‘useful idiots’. For you, they may attempt to significantly soften what follows. You can take solace there with them. Or - you can get real. Re As long as your orientation remains rooted in ‘production work’ your results will be stunted at best. Examine your own ‘structures’ beneath your use of words like “wage” and “effort” etc. etc You didn’t utilize those words accidentally. Trading is NOT production work. Trading is NOT service work. Trading is performance work.* Trading is “predator vs predator” zdo... ie direct competition. ie in actual trades there is no consideration for what’s best for or the ‘safety’ of others or the group/company. One can master every trading technique known to man and invent a few more, but if the prominence of performance work is not rooted all the way down to your hind brains, and limbed throughout your ‘limbic system ’and flowering in your outer cortexes, you and your money are likely just fodder contributing to the winners. Ie Your unconscious has got to be joyfully automated to be takin’ more than you need... else you’re... a lab rat... If this in not in your true nature, then you and your equity are part of an experiment! hantt, if this in not in your true nature, see that little hole in the wall ! ? Get out while you can! Take a similar exploration of investing (in ventures where you have material participation), and gradually building a portfolio as prudently and balanced as you can... and stay away from trading. Please think again. Forgive my rawness... but that is illusion. Trading results rarely “reflect” this mentality of only getting what you put in at all... and certainly never consistently . With any single trade, (or with any series of trades, or with trading in general, ) one can do almost no work and reap huge rewards OR one can do incredible amounts of ‘extra effort’ and good work and still be a net loser. The two are not correlated. Period. If you “don't mind hard work”, you will have to be willing and able to, if needed, put equal amount of time and work into ‘know thyself’ type stuff as into learning basics and techniques... and, btw, all that 'work' combined may require much more than ’40 hour’ weeks. Everyone encounters different challenges in their development as traders and for some the ‘discrepancies’ of where they are and where they need to be will be seen to be too wide to make it worth staying with the discomfort of the discrepancies. Shift “don't mind hard work” toward a more general ‘self competitive whatever it takes attitude’... even though it may require much more OR much less ‘effort’ than you ever imagined... paradoxically striving to become non striving etc etc... to learn how to recover super quickly from victories and defeats, wins and losses, rights and wrongs, lucks and no lucks...etc etc etc etc ... Traps are many! Here’s one. The ‘voice of trading’ will always try to ease you into the game. From a variety of (btw - real, not ‘online’/ virtual) perspectives I have been involved in (or had privileged access to) the development of a sample of 700 + traders and I can categorically tell you from that experience - if you have to be eased into this game ( via sim trading, etc etc etc) your probs of making it are very low. NOTE!: This is a test everyone takes. It is predictive of success or failure. Few realize they are even taking it or took it. Upon coming to this game you can locate two cusps. The first cusp is on the transition from looser to surviving. The ‘voice of trading’ serves at this cusp. The second cusp is shifting from surviving to thriving. Based on that sample of developing traders I’ve been exposed to, the ones who start by jumping to the 2nd cusp have a better chance. (However, that’s no guarantee of making it ). I surmise the subjects of all the ‘trading wizards’ books (and the profiles Analyst75 has been posting,etc) also ‘start’ themselves at the 2nd cusp... by simply ‘saying so’! - basically. When you first trade, you and you alone place yourself at one of the two cusps. Trading is that kind of game. Performance work is that kind of work. So, Jump to your cusp. Find out quickly... time is too limited to dilly dally... the greats find out if they are greats at the beginning! They KNOW! - even if they fail at the beginning!!!!!!!! Again - If you are put off by this msg you can always run back to the crowd where the ‘voice of trading’ will be waiting to ‘help’ you. I’d say - if you are put off by this msg I’d suggest you get out the game now. Enjoyed spending ‘lunch’ with you. Let’s do it again sometime. Zdo ** To be more accurate - All work is actually a combination of all three types of work - production, service, and performance- and ‘normal’ work typically includes more balanced proportion of all three types of work . Point is - Trading is at an extreme - with miniscule, negligible proportions of production and service work. Plus, the performance work itself is not quite normal either... posturing will get you nowhere... and in all performance work, your weaknesses will be revealed ... but in trading performance work they are only revealed to yourself... etc etc.
  5. crakeshm, Looks like patuca has stepped out to lunch (forever? Hope not) - so I will take a very general swipe at it. Brooks and those successfully applying his methods are applying unmentioned ‘rules’ in their utilization of the ma. Brooks uses the MA as a central tendency to ‘ground’ the wet ware. But - to be blunt - instead of trying to develop or stick to ‘mono-rules’, the ‘meaning’ on these approaches to ma's must be taken statistically... even noobs should be attempting this from the beginning! Because ... similar/analog (or exact) price pattern approaches to the central tendency will not have exact (or similar/analog) results or ‘meanings’. It takes some time observing and using a central tendency to ‘ground’ the wet ware before you develop reliable, multiple ways to project probable outcomes... instead of relying on ‘mono-rules’ ... Another way of expressing this - at a system (or method) level, trading rules and simple moving averages don’t mix. Statistically, it’s a fkn wash at best. This backtest to nowhere prematurely ends the careers of many otherwise bright traders (... sometimes it’s best to believe those who have gone before you... but if you must - find out for yourself... ) (almost ) ... Also, for what it’s worth, standard ma’s need to be displaced ( .5 the length of the ma) bars back and a projected regression used to fill in the missing gap / to catch it up to current bar. (more almost ) ...Another technique for increasing ma’s efficacy is to start them again after each significant pivot instead of dragging a bunch of unuseful data into the calculation. For a while, displaced 2 period ma’s were popular because they were, in effect, accomplishing something closer to starting the ma again after each significant pivot... unbeknownst to most using them... Many wet wares do not find them necessary at all (... some of those peeps will even preach that YOU should never dare even glance at them ... not realizing they are (unconsciously) ’calculating’/projecting at least one (if not more) central tendency in their head all the damp time  ) As your screen time accumulates, don’t be surprised if you may wake up one morning or midsession suddenly holding ma’s in a negative light and drop them... btw, if that happens, it’s better not to ‘judge’ them. Simply realize your wetware no longer needs them visually represented on your charts because they are interfering with your more accurate and preferable ‘non math’ wetware calculations and 'contexting' that will allow you to do better than .6 with working out “ How far is far enough and how close is risky”. etc. etc ... But also don’t be surprised if after significant screen time with them, they suddenly fall into place for you... and become really useful... And ... If you’re one of those who dropped them or never found them useful. also don’t be surprised if one day you wake up needing and attempting to manually draw your wetware version of a central tendency back on your charts... ie “Find your own way” !!!!!!!!!! zdo hth zdo
  6. :offtoplic: "Racing ahead of change and pursuing the illusion of reality promotes confusion. " :wtf?: do you have the courage to click? https://medium.com/dan-sanchez/how-inflation-drinks-your-milkshake-3bc22ba57e67#.n26mhiryz Understanding the Federal Reserve?s Shell Game ? Dan Sanchez I'm zdo and I do not approve this message (...even though I been saying same for a couple of months now... and it brings ...excellent opportunities for traders !! ) Of Two Minds - Do Any of the Current Rallies Pass "The Sniff Test"? No. don’t fight the fed... ? Back on topic imo, in terms of fiat, ultimately these 'global' negative rates are laying the joists for a pretty high (however temporary) floor in PM's .... Have a great weekend all
  7. ... discover emptiness in "misfortune”... stopped out again on the early entry portion of proprietary shorts in indexes. will still start getting short... somehow ... over next week or so ... bobc, hope you held your long... zdo Walking the Razor?s Edge Toward Enlightenment : Waking Times
  8. ...close to B.E. on long scale trade (previously discussed in the Gold Bullish or Bearish thread) REGARDLESS - will be 'hedging' up aggressively on short side over the next couple of weeks... I’m not always right... but when I’m wrong, I’m still right (ps it's not apparent, but you can accurately project humility here... not hubris)
  9. agree that's generally how I'm playing it too ... but wouldn't be surprised to see little bit higher highs this current move... ie this thread is entirely fukt up now... sun and zdo agree on something... Let's fix that sht fast ---- I could kill you with kindness, but shoving you into traffic just saves so much time... :rofl: //// On average, every ten minutes someone shows up from the future at a psych unit to stop Trumpf
  10. u pay pal /// subterain, let's go back to your OP . Is it really 'worth' nearly $2000 to begin with? please reply asap I'm so excited I can't wait
  11. dats a spam good deal ... course you could just buy a used BP book...
  12. fwiw was stopped out of indexes just after 1 PM yesterday for small loss fwiw loading up again short today and mon... fwiw (and back on topic) is it true that Canada has now fully divested itself of any gold reserves ? ya'll have a great weekend
  13. re: . Isn’t it just as logical to say that Gold is somehow affecting the price of OIL ? This is a little like saying this pony will run well if that other pony doesn’t ???generally re: these correlations you’re discussing... only one I’ve been watching lately is the USDJPY and PM correlation ... but haven’t been putting any ‘value’ even in that one except for when the correlation temporarily ‘backs off’. I learned many many years ago it’s best for me to trade each chart/instrument independently and leave the ‘if x goes up, then y will... do whatever’ to the media psy-op talkingheads.... and those that have a flair for these kinds of 'if's...(or an imagined flair... really they are hypnotized by the psy-op narratives) Re: I think I make much sharper distinctions between spreads and hedges ... I don’t do PM spreads - except for occasionally bringing a (very long term) long silver / short dow spread out of retirement... I maintain entry points for this one monthly with very wide stop in orders... and if and when it ever again gets going (before I’m too old and out of the game), then leg in and out... ...the (also very long term) PM ratio trade discussed previously is a third sharp distinction. re: Weird place to be looking for ‘test’ imo... This context reminds me of http://www.traderslaboratory.com/forums/volume-spread-analysis/17901-vsa-questions.html#post201581 re: :haha:Look dick, you’re either my fkn uncle or you’re not! Don’t jerk me around. I’m already attachment disordered enuf. re: Sorry bobc. You deserve better... but I decided some years ago not to post charts and screen shots anymore. TL typically only gets just a few minutes a day and it’s just too time consuming to take stuff off TS charts that shouldn’t be seen and also put stuff on specific to the conversation at hand (like ‘plain’ volume in this case) ... and label appropriately ... and ...etc.... If you want to follow up to see if this ‘test’ and can’t find anything on your own, check GBLX E-Mini S&P 500 Futures - Commodities Charts, Quotes and News CBOTM DJIA mini-sized Futures - Commodities Charts, Quotes and News GBLX E-Mini Nasdaq 100 Futures - Commodities Charts, Quotes and News
  14. Hey bub, don’t be talkin’ down my ‘say so’ ( ie my ‘say so’ is just as good as anybody else’s ‘say so’ ) ...seriously - let’s just have faith no one in here is that stoopid US stock index futures Well sht, then I already screwed up bob :rofl: Already started yesterday... fwiw, I typically do my initiating/initial loads based on 'time'... not waiting for their 'say so'... then add more (or not) depending on what ‘they’ do... Btw and back on topic... Do you (or others) find the “Distribution” patterns you discussed to hold up well in PM’s ?
  15. :off topic: Instead of buying stocks, I would like to short them starting today and tomorrow. Does anyone know a good way to do that? ;bak on topic; what would that do to gold?
  16. The Oil Price Ceiling Has Been Set: "Above $40 And We Start Pumping Again" how many factors did this article skip?
  17. Mani, Best to give yourself a golden C Also, to show us how you 'think', maybe post some oo code with methods demonstrating exits from trades. All the best, zdo
  18. https://monetary-metals.com/gold-silver-ratio-breakout-report-28-feb-2016/ :missy: lapacho tea
  19. ... see folks? ... as expected... a demonstration that the 'voice of trading' has a prescribed sequence of development for you. A sequence that is sub-optimal ... a long running psy-op ... that all but a few fall for... and now it's choice time. :missy: (btw. db, having watched your progressions over the last 10 - 15 years, I predict that one day you will suddenly see what I’m saying.) all the best, zdo
  20. https://www.goldmoney.com/our-research/goldmoney-insights/eliminating-cash-will-also-eliminate-the-checks-and-balances this doesn't matter either https://www.sprottmoney.com/blog/2012-2015-us-gold-supply-deficit-a-lot-steve-st-angelo.html
  21. Chris, 3 quick, brutal bullets > TL is not as good of a place for beginners as it once was. Nevertheless, it is still just as good as any of the other trading forum sites. > Trading is performance work. Typically, practical needs cannot be anywhere near the top of the list of why one is entering / doing performance work. Yes, there are legends about economically or class challenged young men who turned to athletics (also performance work) to get out the ghetto, driven to ‘buy a nice house’ for his mama, or whatever - but in almost all cases of those few that make it, these are ‘stories’ overlayed on the real story. A significant intrinsic drive for the activity itself better be inside there or you will stay in the ~79% that- slowly or quickly - go nowhere in this field. > Only 3% of traders and trading educators (ie the ‘voice of trading’) will give or agree with the following advice. In the beginning - DO NOT PAPERTRADE! It is 'looser' preparation. Leverage your time. Put your bodybrains into the real game from the beginning. Later, when you have selected and are developing your niche method(s) - then you may need and be able to utilize structured practice / papertrading. Wishing you all the best. zdo PS re your other post - learn the diff between exposure and risk ie learn the diff between exposing $3500 and risking $3500... ultimately very important at the level of overall portfolio management...
  22. Joost. Have you googled this? Pretty sure there is excel or vba code to be found. If you don't find it, PM me and I'll dig around in my archives for something... hth zdo
  23. Economics is fake science. All economic ‘schools’ are false (and you thought I was Austrian - haha) ALL economic models are designed to shape and dominate individual and collective ‘belief systems’ towards hidden, unstated ends. And it doesn’t take the whole population for a psy-op to work. In ‘finance’, only those who will be heading into the field need to be indoctrinated/ schooled. It only takes those who manage and ‘report’ on money to maintain the mostly semantic “mind-trick of managing expectations”. If you don’t understand what I’m talking about here, just go a couple doors down http://www.traderslaboratory.com/forums/technical-analysis/18606-daily-analysis-43.html#post201799 Hey normal, the psy-op is going to take your money. And you don’t have to buy /‘invest’ for them to take it. I didn’t join TL to find friends... good traders are typically too ‘attachment disordered’/ fickle (tic) to be really good friends anyways. I did come here to be a friend... but in only one way. I came here to be a friend to the tiny few who really want to trade their way free of the ‘system’. 97+ % of traders want to trade their way into the ‘good’ parts of the system... They want to be In the system AND Of the system. Imo, they are insane. I’m here for miniscule few who really want to trade their way out of the system. These few work in the system, but are not of the system. They have dropped the isms and ists ... are becoming - simply - ‘anarchs’ Mm, re dark times, timing, CC, etc. Barring ‘natural’ long lasting decimation of the grid, we are not really headed for a repeat of the exoteric ‘dark age’. Rather - the planet is already plummeting into an esoteric dark age. The grid hastens it. The net becomes what a net always was - a trap (3). Conditions appear normal. But conditions also felt ‘normal’ in and around the 1930’s in Germany, etc. etc... (If you can’t see the parallels and/or if they aren’t meaningful to you - then clk the fk out ‘dis post right now bitch!) CC may take years ‘time’... but the quickening via electronics will certainly hasten the maturing fragility ... the only predictions being made here on the rapidity of re-establishing stability after CatastrophicCollapse is that it too will likely be shorter / quicker... than 'rome' way back when, etc... TL is a mainstream forum. This is a mainstream ‘dollar’ thread...( ‘internationally’ - it’s a ‘fiat’ thread - same diff.) So, very few will make it to the last link below... Anyways...do I think the dollar is going to go MUCH MUCH higher fx than it is now (before CC, etc)? Yes. Great trading opps... but... Do you understand that in the big picture that doesn’t hardly mean a dang thang to me? Do you understand that I'm advising my friends to allocate big time to as much physical PM's on the down low AS POSSIBLE ... even though I intuit there is coming a period where PM's will be unusually 'worthless' too...? China Unleashes A Debt Tsunami: Creates $1 Trillion In Debt In First Two Months Of 2016 | Zero Hedge The Four Horsemen Of Economic Apocalypse Are Here | Zero Hedge (3) This Is The Real Reason For The War On Cash | Zero Hedge Collapse Of The Paper Gold & Silver Market May Be Close At Hand | Zero Hedge btw - I thank god every day that zerohedge is ALWAYS wrong :rofl:
  24. ... if one talks sensically in an insane asylum? This is a mainstream site. Members of this site use and regurge the ‘report’ and talking head info spoon fed to them by the psy-op. They “collectively choose wishful thinking”. One way of saying same = in here, normalcy bias runs rampant. In my view, this is best said another way - This site is experiencing a collective psychosis... along with the rest of the developed world. This “wishful thinking" has been an integral driver of the "recovery" 2009-2015: where asset bubbles aren't bubbles, central bank policies are brilliantly successful, unemployment has dropped to levels of full employment, ... and zirp/nirp will ‘stimulate’ banks to lend ... as if ... etc, etc. ... cash is king and we're going to go cashless. With a straight face, one of our most grounded (sane?) members recently said this global situation had not been a crisis until now... because it had not begun to be collectively perceived as a crisis until now. What I hear is “we’re all dead already; don’t disturb us.” Fear. TL illustrates traders in fear... either reduced to silence ...or attempting to suppress any ‘deviance’ from the ‘meme’ by shaping others to show ‘good sense’ and align with the ‘psychosis’... unwilling or unable to see the mainstream as an intentional “riddle” ... but D. Blount ... For this ‘psychosis’, catastrophic consequences are guaranteed. The matrix has created ‘problems’ that only collapse can solve. How convenient. look at how this thread is carrying this site... and how ... this thread hangs on the hopes of paper gold. ... It would be cool if a Craig Nelson were around someday to tell this story like he told that story at http://www.amazon.com/dp/145166043X/?tag=saloncom08-20 ... :missy:
  25. I’ve been informed I have not thoroughly ‘gone to the ends of the earth’ yet to clear my traumas... like I have yet to try several substances - ayahuasca, micro doses of lsd, magic fungi, or the worm in mezcal... etc. + haven’t tried colloidal gold...  The gap is filled...
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