GOLD, Gold and XAUUSD - page 123

 
lynxntech #:
If I reveal it, won’t everyone rush there?

No, if it is a great secret, then let it remain so forever.

 
Maxim Kuznetsov #:
It’s no use; Gerchik’s apologists would rather have a divorce from the guru.
Don’t get carried away, you advocates of common sense, not dreamers
 
Sergey Lazarenko #:
Come on, you lot – we’re all about common sense, not daydreaming

Sergey, you need to turn your logic on its head)

and never argue here again

 
lynxntech #:

Sergey, you need to turn your logic on its head)

and never argue here again

The logic is simple and straightforward: 1+1=2; there’s nothing more to it

And trading on the stock market can’t be reduced to maths, because the price depends on a great many factors – countless factors – and taking them all into account is very difficult

 
Sergey Lazarenko #:

The logic is simple and straightforward: 1 + 1 = 2; there is nothing more to it

But trading on the stock market cannot be reduced to mathematics, because the price depends on a great many factors—countless factors—and taking them all into account is very difficult

In purely theoretical terms, that is correct...

But in practice, quotes are the only and sufficient facts (the quickest and most accurate) for making a profit.

Another question is: how do you work with these quotes?

And you can’t do without indicators (i.e. without maths) here!

 
Serqey Nikitin #:

Strictly speaking, that’s correct...

But in practice, quotes are the only facts you need (the quickest and most accurate) to make a profit.

The question is, how do you work with these quotes?

And you can’t do without indicators (i.e. without maths) here!

The returns are low, for one thing, and that’s on a trending instrument, but what if the price falls into a range? What then? Sit there and pay the swaps?

They’ll eat it all up, those swaps

 
Serqey Nikitin #:

Strictly speaking, that’s correct...

But in practice, quotes are the only facts you need (the quickest and most accurate) to make a profit.

The question is, how do you work with these quotes?

And you can’t do without indicators (i.e. without maths) here!

Your approach in the flat market doesn’t work, does it?
 
Sergey Lazarenko #:
Your approach to the flat isn't working, is it?

Plot a Zig-Zag indicator on the chart, and then look for a flat...

I’m sure you’ll NEVER forget that!

A flat is a purely SUBJECTIVE understanding of reality...

In reality, the price moves ONLY up or down...

 
Sergey Lazarenko #:

The logic is simple and straightforward: 1 + 1 = 2; there is nothing more to it

But trading on the stock market defies mathematics, because the price depends on a great many factors—countless factors—and taking them all into account is very difficult

The only valid logic for a trader to make a profit is: 1+1=1, for as long as the current financial system remains in place.