Friday, April 12, 2019

Difficult Market or a Confused mind? Nincompoop!!!

The most difficult part about learning is a WRONG start and a wrong path that lead to chaotic confusion. Or you have a RIGHT start and a right path that show you ENLIGHTENMENT.

Despite all the BS and Rubbish you get to hear from others, price Trend can only exist in only 1 of the 3 directions below. ONLY 1 direction not HYBRID combination.

1) UP or 2) DOWN or 3) SIDE-WAY. (never a hybrid of any 2).

What you need to understand next is the strength or the power of the UP or DOWN trend above can exist in only 1 of the 3 different conditions below when you see the PRICE vs TIME chart .

a) Steep (greater than 45 degree gradient/slope)

b) Normal (45 degrees gradient/slope)

c) Flattish (less than 45 degrees gradient/slope)

Having said the above, the combination will be Trend+Gradient is the behavior of the trend.

The total confusion starts when you get a "nincompoop" teaching you all the rest of the IRRELEVANT and IMMATERIAL rubbish about Candle, Fibonacci, Volume, Over bought, Astrology ... and too many rubbish for me to list including the grand old academic  Financial Economic analysis.

When the time has come and is ripe for the trend to change or turn, IT will change and it will turn irrespective of  what you read or hear in the media. Whether you got positions or not is indifferent to the market. It will change on its own freewill or accord.

If the time to turn has not arrive, it is not going to turn even if you threaten to jump into the sea or promised you behave or even donate your profits!!!!

How more logically simple can this get!!!!

Yes they are tools that you can use to track the TREND direction and the Gradient. That is as good as it gets and as simple as it can be! You can bury the rest IF a simple concept like this you don't even have an answer and you want to embark on a more confusing difficult approach.  

If someone walks up to you and tell you how he or she predicted each and every market turns, well he or she should be the Billionaire greater than anyone of the names you hear in Fund Management! Make sense? Logical?

Now when you get a "nincompoop" teaching, do you think you will produce GENIUS?

Sometime and in fact most of the time I seriously wonder when it come to financial matters, suddenly commonsense lost its way or got kidnap.
 

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