Aliassmith Psychology 101 and other stuff

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MightyOne
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Postby MightyOne » Tue Mar 30, 2010 4:29 am

prochargedmopar wrote:For me the discussion was more of an emotional one I think.

Why someone would not help there friends get in the market at a decent price or at least the right direction with decent timing so we could all share in the fortunes.......but M.O. answered the question a ways up......

And why your sig says what it does....

WE ARE REALLY ENEMIES.


"Why someone would not help their friends get in the market at a decent price or at least the right direction with decent timing..." -PRO


Are you calling my 1.5k posts worthless?

Then wtf are you saying...

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newschool
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Postby newschool » Tue Mar 30, 2010 1:13 pm

EVEN if theres a quirk in the liquidity, I just dont get how you can complain that too many people will hit the buy button near the same time? Isn't this a good thing? It's like pumping your trade in your direction for free. Some stock traders pay grands for this.

PS : MO you need to switch from coffee to tea, you are supposed to relax a little !

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aliassmith
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Postby aliassmith » Tue Mar 30, 2010 1:36 pm

newschool wrote:EVEN if theres a quirk in the liquidity, I just dont get how you can complain that too many people will hit the buy button near the same time? Isn't this a good thing? It's like pumping your trade in your direction for free. Some stock traders pay grands for this.

PS : MO you need to switch from coffee to tea, you are supposed to relax a little !


Maybe some people will not "get it" unless they experience it?
Trade Your Way as Long as It Makes Money!

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newschool
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Postby newschool » Tue Mar 30, 2010 1:44 pm

aliassmith wrote:Maybe some people will not "get it" unless they experience it?


I am not a scalper, I actually like when my trades are days long. So I cannot really have a "bad experience" with spread & slippage...

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es/pip
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Postby es/pip » Tue Mar 30, 2010 1:44 pm

newschool wrote:EVEN if theres a quirk in the liquidity, I just dont get how you can complain that too many people will hit the buy button near the same time? Isn't this a good thing? It's like pumping your trade in your direction for free. Some stock traders pay grands for this.

PS : MO you need to switch from coffee to tea, you are supposed to relax a little !



if i could orchestrate a scalping system that always let me fill first and then everyone else filled after me. yeah that would be wonderful. Then everyone else would propel my position for me.

if i told 1000 people exactly a mechanical trigger for entry for a given setup on a given time frame. The system would only allow for .5 a pip slippage from entry, if you miss it by .5 a pip then there is no trade. There is only 1000k lots on the offer. Each of the 1000 traders are trading 10 lots.

taking the above as fact and truth

riddle me this

Can all 1000 traders trade this system?
Bend over and assume the position for another 4 years of hope and change.

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Postby es/pip » Tue Mar 30, 2010 1:49 pm

newschool wrote:
aliassmith wrote:Maybe some people will not "get it" unless they experience it?


I am not a scalper, I actually like when my trades are days long. So I cannot really have a "bad experience" with spread & slippage...



and this is the entire point of the entire discussion

AGAIN

WE ARE TALKING ABOUT PRICE, LIQUIDITY, and SCALPING---- IN A CONFINED AREA

i am not saying anything else on this matter

i am done with the discussion

if i continue i think my brain and heart will EXPLODE
Bend over and assume the position for another 4 years of hope and change.

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Postby aliassmith » Tue Mar 30, 2010 2:34 pm

es/pip wrote:
newschool wrote:
aliassmith wrote:Maybe some people will not "get it" unless they experience it?


I am not a scalper, I actually like when my trades are days long. So I cannot really have a "bad experience" with spread & slippage...



and this is the entire point of the entire discussion

AGAIN

WE ARE TALKING ABOUT PRICE, LIQUIDITY, and SCALPING---- IN A CONFINED AREA

It is ok ES/PIP, Breath, Breath, Breath. It isn't really worth discussing and
getting emotional about. 8)

i am not saying anything else on this matter

i am done with the discussion

if i continue i think my brain and heart will EXPLODE
Trade Your Way as Long as It Makes Money!

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aliassmith
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Postby aliassmith » Tue Mar 30, 2010 2:35 pm

es/pip wrote:
newschool wrote:
aliassmith wrote:Maybe some people will not "get it" unless they experience it?


I am not a scalper, I actually like when my trades are days long. So I cannot really have a "bad experience" with spread & slippage...



and this is the entire point of the entire discussion

AGAIN

WE ARE TALKING ABOUT PRICE, LIQUIDITY, and SCALPING---- IN A CONFINED AREA


i am not saying anything else on this matter

i am done with the discussion

if i continue i think my brain and heart will EXPLODE


It is ok ES/PIP, Breath, Breath, Breath. It isn't really worth discussing and
getting emotional about. 8)
Trade Your Way as Long as It Makes Money!

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newschool
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Postby newschool » Tue Mar 30, 2010 2:57 pm

Emotions are enemies of the trader, dont we all know that 8)

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MightyOne
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Postby MightyOne » Tue Mar 30, 2010 6:31 pm

newschool wrote:Emotions are enemies of the trader, dont we all know that 8)


FEAR is an enemy where as GREED is not.

If it is hard to pick tops and bottoms then tops and bottoms is where you should liquidate; very greedy indeed.

It is fear that says that price is stalling/retracing and I may lose.

Did not you say that picking tops and bottoms is difficult?

Can there be more than 1 daily low extreme? Then price will make new daily lows every time but once.

Do not mistake greed for lack of knowledge and experience.

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