TRO TRADING VIDEOS
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- TheRumpledOne
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Re: TRO TRADING VIDEOS
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
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- TheRumpledOne
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Re: TRO TRADING VIDEOS
IgazI wrote:TheRumpledOne wrote:You do not trade charts, you trade price! There was a time when there were no (online) charts.
True, but the moment you say "color" you are trading a chart because "color" is a time and a price and thus it is a chart that you are trading.
NO.
You are trading price.
If all you have is time and sales data, you are NOT trading a chart. You are trading price.
A chart is a representation of price.
Color designates whether price is above or below another (previous) price.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
Re: TRO TRADING VIDEOS
TheRumpledOne wrote:
NO.
You are trading price.
If all you have is time and sales data, you are NOT trading a chart. You are trading price.
A chart is a representation of price.
Color designates whether price is above or below another (previous) price.
Right, you are trading the price that is represented on the chart based upon specific times; you are trading a chart.
In your last video you even say that we should not trade from just anywhere, but should pick our spots, & that requires history (a chart).
If all that I have is the price at 4pm then it doesn't really matter whether it is a tick or a daily chart as far as the entry is concerned, but when it comes to exiting a position one needs to know what we can expect to see in a tick or a day because once you enter all that you are left with is the statistics and hope.
I don't know why you are disinclined to refer to a chart as price but not one person here is using time and sales data or white backgrounds and the current price.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
- TheRumpledOne
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Re: TRO TRADING VIDEOS
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
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Re: TRO TRADING VIDEOS
IgazI wrote:TheRumpledOne wrote:
NO.
You are trading price.
If all you have is time and sales data, you are NOT trading a chart. You are trading price.
A chart is a representation of price.
Color designates whether price is above or below another (previous) price.
Right, you are trading the price that is represented on the chart based upon specific times; you are trading a chart.
In your last video you even say that we should not trade from just anywhere, but should pick our spots, & that requires history (a chart).
If all that I have is the price at 4pm then it doesn't really matter whether it is a tick or a daily chart as far as the entry is concerned, but when it comes to exiting a position one needs to know what we can expect to see in a tick or a day because once you enter all that you are left with is the statistics and hope.
I don't know why you are disinclined to refer to a chart as price but not one person here is using time and sales data or white backgrounds and the current price.
I am disinclined to say we are trading charts. We are trading price. The map is NOT the territory.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
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Re: TRO TRADING VIDEOS
Hi, which template did you use for the USDCAD pair? How can I get as well the skull with the warning "do not trade"? I have the 2017 and 2018 donational indicators. Thanks and keep up the great work!
- TheRumpledOne
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Re: TRO TRADING VIDEOS
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
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Re: TRO TRADING VIDEOS
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
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Re: TRO TRADING VIDEOS
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
- rank: 10000+ posts
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- Joined: Sun May 14, 2006 9:31 pm
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Re: TRO TRADING VIDEOS
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
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