Tuesday, June 09, 2020 5:27:49 AM
You are right,that is what I meant with the ladder, there were missing steps with the ruthless cleaning in the past days that has been replaced in the process by long positions.
My journey has showed me, no doubts at all, that this is a precisely controlled business which only one point in its business model: make profits up and down every day.
They can't avoid that sometimes you are in the right side of the trade, so all they can do is to minimize your winnings as much as possible trough several mechanism.
I have a full methodology (*) to calculate those targets which is based in the false teaching of TA. I'm not saying TA is wrong, or useless BUT that you need to identify where a "conclusion" has been set in your mind for you to react in a Conditioned way !! and actually when you don't do what has been taught to you, that you feel stupid!
The targets are somewhat recalculated but the variation is minimal, actually in my trading I don't close at the target but some times close enough and others only above the target. That is why although it is a clear methodology there is a component that look at the whole picture which is very difficult to program. So I guess rather than a program "my" (*) method is a pdf.
That is why NO INDICATOR will be able to mimic the method. That is not saying don't use indicators, only realize that:
-they are lagging
-they can't point you to targets
Inside the methodology there are micro targets, some times so quick and small that you can't trade but others it is possible, however these are possible to program, I believe because they are unbalances in the order flow that need to be corrected. Here is an example yesterday, the yellow bar are programed showing the unbalance and where the prices will revert, 100%, no discussion.
You can see there were two dips for buying knowing precisely the target, in this case 40 cents (in options no bad). Also in between there was another but too small and too quick
(*) Disclaimer: as everything in life your learning, methods, etc is just the sum of your experiences and building in someone else findings, sieving, sieving... Another disclaimer, I am probably the worst trader ever so that is why I need to delve so much, I have not doubt whatsoever that a lot of people do a lot of money using very simple tools.
My journey has showed me, no doubts at all, that this is a precisely controlled business which only one point in its business model: make profits up and down every day.
They can't avoid that sometimes you are in the right side of the trade, so all they can do is to minimize your winnings as much as possible trough several mechanism.
I have a full methodology (*) to calculate those targets which is based in the false teaching of TA. I'm not saying TA is wrong, or useless BUT that you need to identify where a "conclusion" has been set in your mind for you to react in a Conditioned way !! and actually when you don't do what has been taught to you, that you feel stupid!
The targets are somewhat recalculated but the variation is minimal, actually in my trading I don't close at the target but some times close enough and others only above the target. That is why although it is a clear methodology there is a component that look at the whole picture which is very difficult to program. So I guess rather than a program "my" (*) method is a pdf.
That is why NO INDICATOR will be able to mimic the method. That is not saying don't use indicators, only realize that:
-they are lagging
-they can't point you to targets
Inside the methodology there are micro targets, some times so quick and small that you can't trade but others it is possible, however these are possible to program, I believe because they are unbalances in the order flow that need to be corrected. Here is an example yesterday, the yellow bar are programed showing the unbalance and where the prices will revert, 100%, no discussion.
You can see there were two dips for buying knowing precisely the target, in this case 40 cents (in options no bad). Also in between there was another but too small and too quick
(*) Disclaimer: as everything in life your learning, methods, etc is just the sum of your experiences and building in someone else findings, sieving, sieving... Another disclaimer, I am probably the worst trader ever so that is why I need to delve so much, I have not doubt whatsoever that a lot of people do a lot of money using very simple tools.
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