Forum: Traders Hideout
January 5th, 2011, 10:38 PM
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Replies: 368
Views: 234,688
Random Lines?
Please see attachment.
*Price bounced off weekly R2(at top)
*Went down to daily R1 and bounced
*Went down to daily pivot and bounced
*Went down to daily S1 and bounced
*Went back up to pivot...
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Forum: Traders Hideout
January 5th, 2011, 08:36 PM
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Replies: 368
Views: 234,688
Fat Tails
I got the message, and it's one that - over the years - I've taken to heart.
The message is: develop your own system, and stick with what works.
The message is: trust, but verify.
The...
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Forum: Traders Hideout
January 5th, 2011, 04:46 PM
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Replies: 368
Views: 234,688
Also,
I don't understand why everyone is so cynical and jaded.
You seem to be saying:
Egad!- indicators don't work! That's for suckers!
Phooey - trading is hard, and we just do the best we can.
...
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Forum: Traders Hideout
January 5th, 2011, 04:39 PM
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Replies: 368
Views: 234,688
No Disrespect,
but I think this thread - although highly thought-provoking - is incredibly irresponsible. If you buy 100 shares of Apple, is that going to move the market? No. What moves the markets? ...
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