toddE wrote:ok, so where to start but from the beginning I guess. I clicked on the first link you provided and started reading. Got to the bottom of page 1 and realized there were 174 pages to go...come on, really!?
Got to page 9 and was a little put off and discouraged by what I was reading. Got to page 10 and found this little gem:TheRumpledOne wrote:What is the fascination some traders have with SQUIGGLY LINE indicators?
I see people spending a lot of time on them.
DON'T YOU REALIZE THEY ARE A MYTH?
SEE PRICE.
SEE PRICE MOVE.
SEE PRICE MOVE UP.
SEE PRICE MOVE DOWN.
THOSE ARE THE ONLY WAYS THAT PRICE MOVES.
SEE TIME.
WHAT TIME IS IT?
WHAT'S THE PRICE?
WHAT TIME IS IT NOW?
WHAT'S THE PRICE?
DID PRICE GO UP OR DOWN?
IT IS ALL RELATIVE!!
WHAT DO YOU THINK A SQUIGGLY LINE INDICATOR IS GOING TO TELL YOU THAT YOUR EYES CAN'T TELL YOU?
DO YOU BELIEVE THERE IS SOME MAGIC FORMULA THAT WILL ENABLE YOU TO SEE THE FUTURE?
WHAT IS THE HIGH OF THE DAY?
IS PRICE NEAR THAT HIGH?
IS PRICE GETTING CLOSER TO THAT HIGH?
IS PRICE AT THE HIGH OF THE DAY?
IS PRICE MAKING A NEW HIGH?
IS PRICE MOVING AWAY FROM THE NEW HIGH OF THE DAY?
WHAT IS THE LOW OF THE DAY?
IS PRICE NEAR THAT LOW ?
IS PRICE GETTING CLOSER TO THAT LOW ?
IS PRICE AT THE LOW OF THE DAY?
IS PRICE MAKING A NEW LOW ?
IS PRICE MOVING AWAY FROM THE NEW LOW OF THE DAY?
TRADING IS SIMPLE.
DO NOT COMPLICATE IT.
Will continue reading in the morning, thanks
-todd
yep, sometimes you read something which are the little gems or
missing parts in the puzzle
it also helped me , 2take notes along the way together with from which thread/page i took it.
sometimes i just reread my notes ; or jump back into a thread to reread