The Pitfall of 'Sometimes'
Submitted: 20 Sep 13 15:54
 

Among countless conversations I had with COP traders, I often hear these after they asked me about a certain trade setup that I use and how I take my profits.

"..... oh I see... But you know, sometimes it can go bad...."
"But sometimes, the spread line was aligned and yet it went the other way.... "
"But sometimes, it WASN'T aligned and it turned out good!"
"Sometimes, I noticed that when ...... the trade will be good/bad......"

"Sometimes" is a dangerous notion when it comes to trading. The fact that those instances (the "sometimes") became noticeable is because the trader is starting to pay attention to those once in a while occurrences.

We always stand by the principle that trading is not about luck. It is not about those once in a while phenomenon. It is really about capitalizing on chart patterns that repeat themselves with reliable consistencies. And the only way to know for sure that the repetition is reliable is by:

1. Noting a phenomenon
2. Charting its occurrences and outcome and the accompanying conditions
3. Testing it over an extended period of time
4. Finally fine tune it by eliminating various parameters using enough data

When that trader starts to emphasize on 'Sometimes' without having any meaningful quantifiable data and studies, he is just allowing what he chose to perceive to justify actions he is taking or not taking.

For example, John takes a trade despite the trade not meeting all the entry parameters because he thought that the trade can sometimes still go his way. In this case, he is just justifying himself for taking the trade and the underlying reason is actually impatience or the fear of missing out. Or, Tim lets a trade goes despite the trade setup meeting all rules because he thought that sometimes, the trade still can turn bad. In fact, he is just operating out of the fear of losing money.

So do observe yourself objectively. If you are catching yourself thinking in terms of 'sometimes' too often, you are actually trading blind.

 

 

 
Trading Signals
Submitted: 05 Sep 13 17:32
 

Learn To Pick these Trades within a 2 hour period!

trades

Concept Of Price Multiple Trading Signals past 2 weeks

Monday 1 Aug :  13 good signals out of 14 = 93%

Wednesday 27 July : 6 good signals out of 7 = 86%

Tuesday 26 July : 9 good signals out of 10 = 90%

Monday 25 July :  9 good signals out of 11 = 82%

Monday 18 July :  6 good signals out of 7 = 86%

Thursday 14 July : 10 good signals out of 13 = 77%

Wednesday 13 July : 5 good signals out of 7 = 71%

Monday 11 July :  10 good signals out of 12 = 83%

Check out our Daily Trade Updates @ Facebook

http://www.facebook.com/conceptofprice

 

 

 
Daily Chart Signals 11th Apr Thursday
Submitted: 12 Apr 13 17:22
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 11th Apr Thursday Click Here to see chart

 

 

 
Daily Chart Signals 10th Apr Wednesday
Submitted: 12 Apr 13 17:21
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 10th Apr Wednesday Click Here to see chart

 

 

 
Daily Chart Signals 9th Apr Tuesday
Submitted: 12 Apr 13 17:19
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 9th Apr Tuesday Click Here to see chart

 

 

 
Daily Chart Signals 8th Apr Monday
Submitted: 09 Apr 13 13:41
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 8th Apr Monday Click Here to see chart

 

 

 
Daily Chart Signals 4th Apr Thursday
Submitted: 05 Apr 13 12:57
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 4th Apr Thursday Click Here to see chart

 

 

 
Daily Chart Signals 3rd Apr Wednesday
Submitted: 05 Apr 13 12:56
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 3rd Apr Wednesday Click Here to see chart

 

 

 
Daily Chart Signals 2nd Apr Tuesday
Submitted: 03 Apr 13 15:06
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 2nd Apr Tuesday Click Here to see chart

 

 

 
Daily Chart Signals 1st Apr Monday
Submitted: 03 Apr 13 15:05
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 1st Apr Monday Click Here to see chart

 

 

 
Daily Chart Signals 28th Mar Thursday
Submitted: 29 Mar 13 17:35
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 28th Mar Thursday Click Here to see chart

 

 

 
Daily Chart Signals 27th Mar Wednesday
Submitted: 29 Mar 13 17:33
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 27th Mar Wednesday Click Here to see chart

 

 

 
Daily Chart Signals 26th Mar Tuesday
Submitted: 29 Mar 13 17:32
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 26th Mar Tuesday Click Here to see chart

 

 

 
Daily Chart Signals 25th Mar Monday
Submitted: 29 Mar 13 17:31
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 25th Mar Monday Click Here to see chart

 

 

 
Daily Chart Signals 20th Mar Wednesday
Submitted: 24 Mar 13 22:45
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 20th Mar Wednesday Click Here to see chart

 

 

 
Daily Chart Signals 19th Mar Tuesday
Submitted: 24 Mar 13 22:44
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 19th Mar Tuesday Click Here to see chart

 

 

 
Daily Chart Signals 18th Mar Monday
Submitted: 24 Mar 13 22:42
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 18th Mar Monday Click Here to see chart

 

 

 
Daily Chart Signals 15th Mar Friday
Submitted: 17 Mar 13 19:04
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 15th Mar Friday Click Here to see chart

 

 

 
Daily Chart Signals 14th Mar Thursday
Submitted: 17 Mar 13 19:02
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 14th Mar Thursday Click Here to see chart

 

 

 
Daily Chart Signals 12th Mar Tuesday
Submitted: 17 Mar 13 19:01
Last Updated: 17 Mar 13 19:03
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 12th Mar Tuesday Click Here to see chart

 

 

 
Daily Chart Signals 11th Mar Monday
Submitted: 17 Mar 13 19:00
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 11th Mar Monday Click Here to see chart

 

 

 
Daily Chart Signals 6th Mar Wednesday
Submitted: 17 Mar 13 18:59
Last Updated: 17 Mar 13 19:03
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 6th Mar Wednesday Click Here to see chart

 

 

 
Daily Chart Signals 5th Mar Tuesday
Submitted: 06 Mar 13 15:51
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 5th Mar Tuesday Click Here to see chart

 

 

 
Daily Chart Signals 4th Mar Monday
Submitted: 06 Mar 13 15:50
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 4th Mar Monday Click Here to see chart

 

 

 
Daily Chart Signals 14th Feb Thursday
Submitted: 15 Feb 13 13:04
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 14th Feb Thursday Click Here to see chart

 

 

 
Daily Chart Signals 13th Feb Wednesday
Submitted: 14 Feb 13 16:57
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 13th Feb Wednesday Click Here to see chart

 

 

 
Daily Chart Signals 6th Feb Wednesday
Submitted: 07 Feb 13 15:53
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 6th Feb Wednesday Click Here to see chart

 

 

 
Daily Chart Signals 5th Feb Tuesday
Submitted: 07 Feb 13 15:52
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 5th Feb Tuesday Click Here to see chart

 

 

 
Daily Chart Signals 4th Feb Monday
Submitted: 05 Feb 13 17:33
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 4th Feb Monday Click Here to see chart

 

 

 
Daily Chart Signals 29th Jan Tuesday
Submitted: 05 Feb 13 17:31
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 29th Jan Tuesday Click Here to see chart

 

 

 
Daily Chart Signals 28th Jan Monday
Submitted: 29 Jan 13 15:26
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 28th Jan Monday Click Here to see chart

 

 

 
Daily Chart Signals 23rd Jan Wednesday
Submitted: 29 Jan 13 15:25
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 23rd Jan Wednesday Click Here to see chart

 

 

 
Daily Chart Signals 22nd Jan Tuesday
Submitted: 23 Jan 13 15:34
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 22nd Jan Tuesday Click Here to see chart

 

 

 
Daily Chart Signals 17th Jan Thursday
Submitted: 22 Jan 13 12:58
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 17th Jan Thursday Click Here to see chart

 

 

 
Daily Chart Signals 14th Jan Monday
Submitted: 15 Jan 13 14:44
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 14th Jan Monday Click Here to see chart

 

 

 
Daily Chart Signals 10th Jan Thursday
Submitted: 11 Jan 13 14:30
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 10th Jan Thursday Click Here to see chart

 

 

 
Daily Chart Signals 7th Jan Monday
Submitted: 08 Jan 13 13:31
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 7th Jan Monday Click Here to see chart

 

 

 
Daily Chart Signals 4th Jan Friday
Submitted: 07 Jan 13 16:53
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 4th Jan Friday Click Here to see chart

 

 

 
Daily Chart Signals 2th Jan Wednesday
Submitted: 07 Jan 13 16:51
 

“Displayed below are the cumulative trading signals plotted on daily charts after the first 2 trading hours based on COP Price Rhythm System. These signals were indicated at the moments each signal manifested and posted on our LIVE chatroom during actual trading hours. We would not have known the outcome of the trade at the time of posting, thus no hindsight trade calling is involved and all participating COP members in the chatroom would have first hand view of the signals.”

Daily Chart Signals - 2th Jan Wednesday Click Here to see chart