I Am One Strange Kat

[Gringo 10]

Just curious, has everyone moved elsewhere? I know this forum could be quiet, but seems unusually quiet. Tumbleweeds meandering through quiet.

 

Summer is coming to an end. People are going to vacations. Wait till after the Labor Day before activity picks up.

 

Gringo

[DbPhoenix 42]

Just curious, has everyone moved elsewhere? I know this forum could be quiet, but seems unusually quiet. Tumbleweeds meandering through quiet.

 

Few traders -- including those who characterize themselves as "price action traders" and excrete an unending series of courses and books and dvds and plugins and software programs and so on -- understand what trading price alone is all about. And even those who do in many cases aren't curious enough about price movement to commit to the nearly continuous task of adapting to ever-changing market conditions (which is the chief advantage of trading price). And of those few who are curious enough and who do understand what trading price entails, even fewer are interested in posting to message boards. Why would they be, given the toxic environments one commonly finds there? Instead we get the incessant bought-here-sold-there Turette's-style "trading journal" which is of no value whatsoever.

 

Over three thousand people all over the world have downloaded the various SLA drafts. How many of them are actually using it? I have no idea. Occasionally someone will pop in and post a few charts then disappear again. Or I get emails and PMs. But trading forums are not exactly welcoming when it comes to trading without aids. To be so they'd have to at least acknowledge the possibility that all those aids just might be useless, and when one has devoted years of his life to futzing with settings, this requires a long, hard, cold examination of one's trading life that few people are willing to engage in. It's easier and less painful to just quit, even if it's taken them ten years to do so.

Edited August 28, 2015 by DbPhoenix

[One Strange Kat 10]

DbPhoenix,

 

A thoughtful response, as usual, and so true. Thank you for taking the time.

[One Strange Kat 10]

trade uploaded on chart

Edited August 31, 2015 by One Strange Kat
update

[One Strange Kat 10]

Updating above trade, stops moved down.

 

Quiet is one thing, but this is ridiculous. You may want to look at T2W. Though it's the usual FX/Indicator environment, there is at least some interest in this. And the journals there are restricted, so having a moderator isn't essential.

Edited September 3, 2015 by DbPhoenix

[One Strange Kat 10]

Waiting....

 

This is not the kind of markets I choose to trade at this time. Opportunities, yes, for some, but I am keeping the powder dry for the time being. The above mentioned shorts were closed for just a few ticks over a hundred points via stop loss.

[One Strange Kat 10]

The long weekend was interesting. Spent time trying to find IB TWS documentation. Not an easy task. Seems the learning curve is, well, steep. Viewed their video tutorials and webinars, but have yet to find the instructions I need.

 

People think trading is difficult....the mechanics of order entry with stop loss attached is much more convoluted imho.