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Monroe replied Sep 28, 2010lol are you guys really listening to this shit while you're trading...
What kind of music you hear while you trade?
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Monroe replied Sep 28, 2010I agree that you can most definitely use past data to help of course. But, I also think it depends on how you're using that data and what you're using it for. I also think a lot of those examples you listed in different professions are quite ...
Stop fooling yourself; There is no system
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Monroe replied Sep 28, 2010I guess there are people that believe using past prices and having a great understanding of what's going on in their charts is enough to trade without calling it gambling. in the end, it doesn't matter what you believe as long as your profiting ...
Stop fooling yourself; There is no system
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Monroe replied Sep 28, 2010the difference is in the formula of how they are calculated. I don't have an answer for the question sorry dude, I'm not into MA's like that. I'm sure you can google that and get an answer. I was just confused by the whole "non-lag MA" thing you're ...
The difference between a MA and a non lag MA?
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Monroe replied Sep 28, 2010difference between the types of MA's? like SMA, EMA, WMA, that kind of thing? the difference is just how they're weighted or calculated.
The difference between a MA and a non lag MA?
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Monroe replied Sep 28, 2010I think you're missing the fact that all MA's are lagging. a 240MA on a 1M chart would be the 4hour average, 60MA would be the 1-hour average. on a 5min chart, the 1hour would be the 12MA, and the 4H would be the 48MA
The difference between a MA and a non lag MA?
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Monroe replied Sep 28, 2010well I am just not talking about PA or pattern setups with odds in your favor for the most part. I guess if that is your general definition of setup then you can call it that. Everyone is waiting for an opportunity.
Stop fooling yourself; There is no system
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Monroe replied Sep 28, 2010lol i don't know sim... they aren't looking at setups, what's a HP setup?
Stop fooling yourself; There is no system
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Monroe replied Sep 28, 2010the best traders I know of don't gamble with odds. not saying gambling with odds in your favor can't work of course.
Stop fooling yourself; There is no system
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Monroe replied Sep 27, 2010yea flaming lips are f'en great.... here's a band you may or may not know... video
What kind of music you hear while you trade?
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Monroe replied Sep 27, 2010one of the greatest bands of all time.... video video
What kind of music you hear while you trade?
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Monroe replied Sep 27, 2010what about the gza? and don't forget gwar...
Stop fooling yourself; There is no system
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Monroe replied Sep 27, 2010LOL, well my trades are not based on charts i'll tell you that much. I was just asking a hypothetical. Is trading on the list of gambling? There is no question most out there are totally gambling. I and have no problem if someone wants to call what ...
Stop fooling yourself; There is no system
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Monroe replied Sep 27, 2010If you're playing with probabilities and doing that type of thing, I guess it can be considered a form of gambling, and that is fine, as sim said, shouldn't be a negative thing if you know how to work it.
Stop fooling yourself; There is no system
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Monroe replied Sep 27, 2010As I said, depends on your definition of gambling. I think it's called trading, not gambling. If you don't know how to trade or a bad trader, it's little more then gambling. Just because you're 'trading' doesn't mean you're not gambling, but at the ...
Stop fooling yourself; There is no system
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Monroe replied Sep 27, 2010I don't think it's another topic. a trader who does well, finds these opportunities (maybe not totally riskless) but and fact of the matter is Sim, those opportunities are present, so would it be called gambling? No it would be called awesome... ...
Stop fooling yourself; There is no system
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Monroe replied Sep 27, 2010Hey Patience, would it be called gambling to this very "clever man" or you, if you can find riskless opportunities? arbing per se...
Stop fooling yourself; There is no system
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Monroe replied Sep 27, 2010yea I don't know it seriously just depends on what your definition of gamble is right? I'd say just because your risking something, doesn't mean you're gambling.
Stop fooling yourself; There is no system