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Commodity Trading Discussion Forum

Re: The old adage

Posted By: trend
Date: Saturday, 4 July 2009, at 1:29 p.m.

In Response To: The old adage (charleydan)

1. Either could be correct, and unless one has scientific favts showing one or the other. We can't know for sure? But most would probably say the egg almost had to be first.

2. Yes the markets are US, and we trade them.

3. For some, Yes. But also for others opinions are not part of the buys or sells. Myself, there are many times I have to do opposite of my opinions as far as markets and other things in life.

4. Yes. The crowd is what you have to be with. The crowd moves markets. PERIOD!

5. NO! It actually for the most part works opposite of that. If many use the exact same method-system to get signals. It will cause the method-system to actually not work as good. But for many to get say a buy signal from many-many different trading ideas, the most will move big and long in that direction.
So a market will most likely move big and long if?
The breakout traders, astro traders, trend traders, volatility traders, wave traders and so on are all looking to buy?
BUT? If only the volatility traders are looking to buy? Even if there are MANY of them? It would probably be only a blip up or maybe even just a sideways move?

6. Wave princiaple is great for for following the crowd.

7. As far as the hunts? They just simply with others tried to corner the market. PERIOD!

8. Oil moved because of demand.

9. YES! That happens all the time in all markets! Over-shoot and under-shoot prices because of speculators. BUT! They wouldn't have been their without the demand?

10. Just trade the markets and what they give up? If trading DON'T try to be an economist, analyist or guru etc.
Just trade what you see.

11. I use the moon and other cycles, but the moon is not a main part of my stuff.

12. No need to say others can't use what they say they use.
How would I know? I am not them!
All I know is what I use and what I don't use or like.
And because I don't use something or don't like something, doesn't mean others can't use and do OK with it!

13. Most will lose, no matter what they use!

I say find what you like that works for you! And USE IT!
Why should you care what works for me?
And why should I care what works for you?
Most would not do very good, even with tommorrows newspaper!

One thing I found for myself MANY yaers ago. ;)
IS:
I don't want or need to be an economist!
I don't want or need to be an analyist!
I don't want to follow X market or markets EACH and EVERY day looking for a trade or trying to figure out if it is a buy, sell or do nothing!
For myself, I have found it best to program my many different scans and let the software scan all markets and let it find possible trades. May on;y trade a certain marklet once or twice a year?
Trade only possible big high percentage moves. Forget the rest of the year for that market!
Maybe be in the trade one day to 2 weeks on avg.?

In other words. Doing it the easy way. ;)
I am retired, so easy is OK for me. ;)


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