"Patterns in the markets are everywhere. Good repeatable patterns that you can count on in the clutch, are not easy to find - but they are there."
I look for patterns, which do repeat, but never in the same way, which is why I never went too far down the road that you did.
"It depends on your research and what you discover about the patterns in the data. If you haven't done the research, and you haven't discovered the patterns, then it will always seem like an impossible task."
I'm not saying it couldn't be done, the impossible can always be found to be possible. I don't know how to teach a computer to think like me. The amount of code it would take boggles my mind compared to what I can determine on my own in less than a few minutes.
"Guessing during moments and periods of market compression and consolidation will end your trading day rather quickly. That's blind guessing and I do not condone such an approach. "
I will take fault for not being more specific here. I did not mean to imply that I am flipping a quarter, if it lands on heads, I'll buy, tails, I'll sell and hope for the best
I use the word "guess" because ultimately I do not know the outcome. You say high probability, I'll say based on recent past experience or makes sense from a statistical perspective. It's almost always some form of supply / demand or support / resistance.
"since trends are a legendary urban myth)"
Price reminds me of a drunk at the bar, ultimately they are trying to get to the bathroom but staggering this way and that way along the way.
"A billion dollars? That's a drop in the bucket for what's really necessary to meet the challenges ahead for certain people."
Nothing wrong with being an entrepreneur / venture capitalist. I agree, you can do a lot with even 1 million. My point was it's a waste of time to accumulate anything in excess of what you need to achieve your life goals. This is a personal opinion so we may agree to disagree.
"Others - just dream without doing what's required to make those dreams a reality. "
What is sad is a lot of people don't even dream
"Failure to discover those patterns will lead to the error of thinking that predictive analysis in the financial markets won't work. In fact, get the patterns right, and you should be able to see predictive results to a specified target to a minimum of 93%, with some rather large bubbles of accuracy all the way up to 100% for short periods of time. "
I see what you are saying. I do not like the word "predict" / "predictive", but I understand how you are using it. By saying nothing works 100%, clarifies it. As for a high % winning method, 93-100%, that doesn't necessarily mean it is an incredible method. A method with a winning % of 70-80% could way outperform it.
"tends to lead to Group Think, and Group Behavior, where people who might otherwise retain their intellectual honesty, end up losing it for all the wrong reasons."
The majority of the content I have posted is about using mental skills and learning to think more creatively but I wouldn't expect you to know that since you don't read this site. I am here to learn, and there are good traders here to learn from, most of them you have insulted and based on what I read in you non-directional trading thread their methods are not all that indifferent from your own, (it is foolish for me to think I know all about trading), it is a constant learning process, I would like to find some traders to collaborate with, and I try to help out and give back when I can. Nobody gets to the top completely on their own.
The traits I listed of successful people does not mean that all of them have them, it's just I would say more of them have them than not and it's those traits that I personally respect more.
"You initiated all the negativity that you complain so much about."
Did you start this thread with negativity, no kreslik members did, but that is because they quickly figured out that you were the same person as SignalBender and I don't blame them based on what I have read from the past.