Chickenspicy wrote: Wed Sep 20, 2023 7:45 am
Seems like it so far , yet to be time tested
No volatility on my chart right now
Hey @Chikenspicy most likely we get volatility today talking about the useful tool you point to. Let me just say something sir, not to you (you sound like a physicist sometimes so I think you know already), but my note to you here prompted the thought. I know finance formally. You call it volatility and in fact that is how we all experience it - in its English meaning. But look it this way the concept of volatility in finance is a static concept and not a dynamical measure. They go into some serious statistics to explain it and its variants and though in a roundabout way it returns to what we experience as traders the correct term for what we actually experience is Intermittency or Chaos. You see when you know it you can also expect it. If you cannot handle it because translation speeds become exponential LEAVE IT simply ignore it ----> you do not have to trade when it is out of control. IT WILL CALM DOWN SO YOU CAN TRADE when it does. Do not forget, you still have phase-lock in direction Cy = TT = up or down and so any space you have once its calmed down a bit (in say no more than an hour or so after some event) enter and target far space it will go. And it will go a very long distance. We are in Risk - free space. So the logic also suggests a certain TRADING MENTALITY to succeed. This is something you must learn to second nature. But remember when you know it ahead of the market you are rational in what decisions you make. But my point is and from all of the above the static concepts of finance and economics are not particularly helpful in trading nor are similar statics in terms of "price patterns" in so called "technicals"--> it is dynamics we need to trade markets, things that remind us in real time that market distributions are very radical from the normal curve. You need to see the market that way and different from a risky uncertain space where for instance instincts conditioned by fear and ignorance of price behaviour are considered wisdom to that conditioned by actual knowledge of price behaviour in space----------> TO KILL THE FEAR!
(-_-)
Most unusually educated financial risk analysts would argue I am contradicting myself in my prescription and they would be correct ONLY if Orbit is NOT TRUE! They have no analysis yet for when there is zero risk. But if Orbit IS TRUE they MUST recalculate their risk models. So there is "repainting" everywhere in reality.