|
PureBytes Links
Trading Reference Links
|
Reinar,
From one sailor to another, when one's sailboat hits a sand bar, that's
called running a ground and that's not a good thing.
I know it's time for me to take a vacation. Your sailing metaphor is
starting to make sense to me.<G> Seriously, I agree that sailing is a good
analogy for trading, but not for the reasons you have stated. I think
sailing is a good analogy for trading because in order to be successful, one
must join with the huge natural forces at work. If one tries to fight these
forces they will be destroyed. If one can unite and redirect these forces to
ones advantage, one should be able to progress quite swiftly.
Gann fans - the ideal position to attain maximum speed is to have the sail
at a 45 degree angle to the wind.
Nautically,
Norman
----- Original Message -----
From: "reinar2020" <reinar2020@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, July 07, 2002 12:33 AM
Subject: Re: [RT] forecasting-track record
> Elk
>
> Not only will I continue to use sailing as a metaphor but I will
> expand the use. There are several reasons. Selling to "the traders"
> market is too limiting and more imortant.... If you can think like a
> sailor you can think like a profitable trader......
>
>
> If you have ever been sailing you would know that it is kind of a
> zen like experience where you have a very specific focus. All the BS
> that is provided by the media etc is gone.
>
> There are other advantages. Any monkey can draw an Andrews line and
> if you read his totally incomplete "free" 60 page lit.... at any
> time there are at least 20 or so that come in tomorrow. So which
> ones do you use? Rather than take the standard approach of here are
> the lines .....let get overwhelmed with stuff that is useless.....
>
> I will focus upon about 3 kinds of sand bars and a marker.
> I did something similar in Vienna seminars and the sucess rate of
> the students over a long time period was very high.
>
> Focus upon the chicken ( the end result.. you really want ) not on
> the eggs.
>
> We look for 4 things...
>
> 1) sand bars (support and resistance lines) where prices stop for a
> bar or 2 and then go through
>
> 2) sand bars where prices go through and then go back to it to touch
> it before continuing in the proper direction
>
> (the above are very handy for adding on positions or getting in with
> definable risk....the other side of the sand bar line)
>
> 3) and finally sand bars that are likely to produce a tradeable
> pivot ....like i pointed out on thursday in an email I sent out.
>
> 4) and then how to find markers (probable future pivot points)
>
> Now instead of learning how to draw all of those silly lines you
> learned how to draw lines that produced the above .......wouldn't
> Andrews really work .....and very easily at that?
>
> Oh by the way did you ever learn what the Andrews "ROS" line was?
> Hint....its a sand bar.
>
>
> Regards
> R
>
>
>
> --- In realtraders@xxxx, Infernal Elk <infernalelk@xxxx> wrote:
> >
> > >> John either you are blind or you faded the forecast.
> > >> ...or does north mean go short to you?
> >
> > >> R
> >
> > maybe if you spoke in market terms rather than cryptic pseudo-
> poetic
> > "nautical" terms, people would understand you.
> >
> > if your desire is to communicate, then do so CLEARLY. if your
> desire
> > is to tease and to draw people in to buy your product you'll do
> better
> > to speak clearly as well.
> >
> > we're not sailors. we're traders.
> >
> > - *lk
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Will You Find True Love?
Will You Meet the One?
Free Love Reading by phone!
http://us.click.yahoo.com/ztNCyD/zDLEAA/Ey.GAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|