5 replies to this topic

[OEXCHAOS]

Omg and Semi, I only want to say that sticking to what you KNOW about markets is where it's at. The other struff, well, it's a fools game. IMO, if it matters, OMG is early and Semi is projecting beyond where and what his data is telling him. Bear in mind that I use what Semi taught us. This is said with respect. Don't get out of your comfort zone. The logic of "economics" is not only worthless to a trader, it's a bane. Death. Ignore it. You'll think I'm a dork but I'm telling you what I've paid the price for. I'll say this if you think you know what the market is going to do and you're willing to beat up another trader over it--and I don't mean just challenge, but beat up, welll, you've already let the preditors into your mind.

[atlasshrugged]

Omg and Semi, I only want to say that sticking to what you KNOW about markets is where it's at. The other struff, well, it's a fools game.

IMO, if it matters, OMG is early and Semi is projecting beyond where and what his data is telling him. Bear in mind that I use what Semi taught us. This is said with respect. Don't get out of your comfort zone. The logic of "economics" is not only worthless to a trader, it's a bane. Death. Ignore it. You'll think I'm a dork but I'm telling you what I've paid the price for.

I'll say this if you think you know what the market is going to do and you're willing to beat up another trader over it--and I don't mean just challenge, but beat up, welll, you've already let the preditors into your mind.

Which means we go down and fill the gap at nq 1900 and es 1400 and Semi is right first and OMG then is right as the mkt goes higher from there...which is how I am positioned which means I will certainly scare myself out of the position and muck it up!!!!

[NAV]

The logic of "economics" is not only worthless to a trader, it's a bane

Amen.

P.S- BTW, he is OGM, not OMG (Oh My God)

Edited by NAV, 11 September 2007 - 03:44 AM.

[OEXCHAOS]

Yeah, well, it was just 6.5 hours ago that I wrote that. Sorry OGM for the typo--I knew I'd make it. And heck, sorry everyone else for mucking the board up. Here's a grain of salt if someone needs it. I do think we need to show each other a bit more love even if we disagree.

[HoseB]

"... sticking to what you KNOW about markets is where it's at. The other struff, well, it's a fools game...."

"Trade what you KNOW (and what you SEE)", is one of the best trading axioms. And at all times, there is actually very little you know.

[pdx5]

I like the OMG better cuz after I read his/her posts, I usually mutter to myself "Oh My God"