Your favourite quote.

Let no one deceive himself: if any one thinks himself to be wise among you in this world, let him become foolish, that he may be wise.....Corinthians 3:18
 
"Judge not, and ye shall not be judged: condemn not, and ye shall not be condemned, forgive, and ye shall be forgiven."

~Luke 6:37~
 
Colonel Coin

"I Do Love The Smell Of Coin In The Morning"
 

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"If 85 percent of all tops and bottoms have property X, but property X also occurs often enough in other places, using that indicator as a signal will rip you to shreds."

William Eckhardt, The New Market Wizards, p122.
 
"If 85 percent of all tops and bottoms have property X, but property X also occurs 15% in other places, using that indicator as a signal will rip you to shreds."

William Eckhardt, The New Market Wizards, p122.

Hmmm...

15% = often enough... :rolleyes:
 
Eckhardt being a very smart guy I think that what he means is that 85% of tops have it (and 15% don't) but it also occurs at other times when the top doesn't happen (maybe even frequently than the genuine tops).

Easy to see examples would be taking divergences on a CCI for example or oversold reversals on William's %R (an early painful lesson in this for me) :eek:
 
Eckhardt being a very smart guy I think that what he means is that 85% of tops have it (and 15% don't) but it also occurs at other times when the top doesn't happen (maybe even frequently than the genuine tops).

Easy to see examples would be taking divergences on a CCI for example or oversold reversals on William's %R (an early painful lesson in this for me) :eek:

I use indicators with my standard error channel lines to see over bought / sold conditions to confirm a change in direction within the trend band. I wouldn't base my trades on them though. Price and trendlines more important for me.
 
Draw the right number of lines on a chart, and in the right places, and you can justify any trade decision. :rolleyes:
 
Led Zeppelin Dazed And Confused Lyrics

Been Dazed and Confused for so long it's not true.
Wanted a woman, never bargained for you.
Lots of people talk and few of them know,
soul of a woman was created below.

You hurt and abuse tellin' all of your lies.
Run around sweet baby, Lord how they hypnotize.
Sweet little baby, I don't know where you've been.
Gonna love you baby, here I come again.

Every day I work so hard, bringin' home my hard earned pay
Try to love you baby, but you push me away.
Don't know where you're goin', only know just where you've been,
Sweet little baby, I want you again.

Been dazed and confused for so long, it's not true.
Wanted a woman, never bargained for you.
Take it easy baby, let them say what they will.
Will your tongue wag so much when I send you the bill?




Oh dear, i sound all anti-woman today, - I'm far from it. I think women are fantastic :D . Without them the human race would end after all. Just a couple of "quotes" that bring a smile to my face, thats all.
 
Sorry to be picky, but wasn't it:

I have a plan so cunning that I could stick a tail on it and call it a fox?

Probably was - amongst others.
Balders was the sort of help one should really try and do without :cheesy:
The ruin of many a mighty man LOL
 
a trader's journey

and then it all
opened before me
like a great and brilliant
light
and all was before me
as it seemed
that i could go anywhere
and as i looked down
both of the roads
i chose once again
to take the one
not traveled
for the road was exciting
and unfounded
and mysterious
and i being once afraid
looked down the road
with great determination
and joy
for i determined the path
that this road would follow
this one, not traveled by many
and the view
is spectacular
there are no road signs
no paved paths
there are no cut away trees
it's simply lovely,
and is just as it was before
except now, i travel it
and stop and marvel
and get tangled in it's mess
and admire it's beauty
for it is a road that i have
chosen
and for the first time
my eyes see it
for all the beauty that is
with in it.
and still, and ever so much
glad that i took this road
less traveled by.
it will make
and has made
all the difference
 
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