Wisdom Dump

Saint · #**181** 6th December 2007, 02:38 PM

Wow,Oilman......that post above must be the longest post in Traderji to date!!

Going to take a week though to decipher it

.......but keep em coming,my friend.

Saint

hari09omkar · #**182** 6th December 2007, 02:51 PM

Quote:

Originally Posted by Saint

Wow,Oilman......that post above must be the longest post in Traderji to date!!

Going to take a week though to decipher it

.......but keep em coming,my friend.

Saint

Atleast u will decipher it! But I gave up seeing d size.Members please raise ur hands who have already completed all the sentences in oilman's post.

P.S. No attempt to degrade oilman's wisdom.

Saint · #**183** 6th December 2007, 02:55 PM

Quote:

Originally Posted by hari09omkar

Atleast u will decipher it! But I gave up seeing d size.Members please raise ur hands who have already completed all the sentences in oilman's post.

P.S. No attempt to degrade oilman's wisdom.

No offence,Oilman........though I look through all your writings,and some excellent stuff,but usually take x3 amount of time to go through.

Slow mentation on my part,I guess....

But keep em coming,Oilman,nevertheless.

Saint

newbee · #**184** 6th December 2007, 07:10 PM

Quote:

Originally Posted by hari09omkar

Atleast u will decipher it! But I gave up seeing d size.Members please raise ur hands who have already completed all the sentences in oilman's post.

P.S. No attempt to degrade oilman's wisdom.

Hello Hari,

Don't give up, Lage Raho !!

Just a tip, you are supposed to stop and think when you see the dots (....), more the dots, more you need to pause n think...... quoted from one of his old posts.

Thanks
nb
___________________________________
TRADE WHAT YOU SEE, NOT WHAT YOU THINK

newbee · #**185** 6th December 2007, 07:47 PM

Hello Oilman

I did read your complete post when you first posted, but honestly did not understand much, meanwhile, got a book reco for "Markets in Profile", you know from whom.

Today while reading all the recent post by SAINT, chanced upon your post again so re-read it, and could understand some...

Quote:

Originally Posted by oilman5

majority time after new value discovery price move quickly occurs by impulsive move..

Before the impulse, there would be imbalance in price and value.

The current/past price is considered as an advertised value and the price (or the price bracket/range) that will be achieved in a future point would be real value (something the market is always seeking).

So in other words the price is always in motion, traveling, seeking value.

Does the Market Profile show this imbalance; can a trader read n use this info as an edge? Don't know, yet!

Currently, happy chasing the price, tripping as it turns, getting up, dusting and back to the chase, believing the probability will average out the losers n winners.

Quote:

Originally Posted by oilman5

hope cv now u r happy

And Hope OilMan you are also Happy, now and for always.....

Thanks for your post
nb
___________________________________
TRADE WHAT YOU SEE, NOT WHAT YOU THINK

oilman5 · #**186** 6th December 2007, 08:49 PM

thanks newbee, many years back i read through CBOT,.....so market profile has some influence on me.also guide idea of trend dynamics........and volume study by cassidy has effect,.............however test of time in last 4yr in crude reality of market ........i put this as some guidance from chess player turned trader.
...............
those who study trade ,..understand its depth.......though complex[little]
for others...15pt summary is sufficient
.................
all student of market can debate on it,...........however more than 300case study ......i put this rule as discreationary trader

oilman5 · #**187** 6th December 2007, 09:03 PM

why i say saint is great..............he senses and put kiss best way by .....learn to catch fish.
.........
as cv is greatest trader........who freely serve to teach,........i dedicate this trade synthesis to him
........

hari09omkar · #**188** 9th December 2007, 12:04 AM

There are no certainties in this investment world, and where there are no certainties, you should begin by understanding yourself.
—James L. Fraser

CreditViolet · #**189** 9th December 2007, 02:09 AM

Quote:

Originally Posted by oilman5

why i say saint is great..............he senses and put kiss best way by .....learn to catch fish.
.........
as cv is greatest trader........who freely serve to teach,........i dedicate this trade synthesis to him
........

Thank you sir for your kind words.

CreditViolet · #**190** 9th December 2007, 02:10 AM

Old Wisdome frm Schwager - Its necessary to have an edge, you can't win without an edge. Incidentally, if you don't know what your edge is, you don't have one

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