Recent content by DocPMD

Haven't been back for a while. Thanks to everyone who provided sincere feedback. So many different opinions it's hard to decipher what's good and what's bad. At this point, I'm starting to understand that there are a lot of ways to skin the cat. Guess I just need to find a way to trade that's...

@Shawnovision I can't tell you how many times I've tried to do exactly what you described. I know it's vitally important to the learning process, but I always seem to quit after a while. This time I am committed, though. Thanks for the suggestion.

Sure, I'd like to hear about how to get the RT cost down.

I'd like to thank everyone for their input so far. Some of the suggestions have been very helpful. Now I think I just need to hunker down and do some trading to get proficient. One thing I would like to clarify, however, is the comment I made in the original post about my preference for...

Certainly, in hindsight, most all price action can be rationalized. My comments related to randomness are, for example, why did price reverse at resistance one time and then break out at another? Those types of events are what currently seem random to me.

Sound advice - thanks.

Thanks to all who have replied so far - even the sarcastic a$$holes. Some sound advice in these posts, I think. The only comment I have is regarding the suggestions related to "Don't ask, DO!!!". I agree with this philosophy 100%. There is absolutely no substitute for going out and trying. In...

Do you mind giving some hints on what tools you use? I have found indicators to be useless, but perhaps I'm overlooking something? Lately, I've been trying to learn pure price action, but it's a tough road.

@stevegee58 @EsKiller @Handle123 Thanks

This has been my most recent approach. Trying to get a "feel" for the market and look for reliable patterns. Was focusing on ES. So far, it all still looks like a random walk. Will staring at charts for hours and hours eventually get me there? If so, OK, I'm willing to put in the hours. Just...

With all due respect, I don't think you've read my initial post carefully. I've been trying to develop something for a very long time, and failed. But I'm not discouraged. What I'm looking for are some hints as to where to start. I'm well aware of paper trading and the psychology of trading -...

Fair enough. Can you describe what you do without giving away your secrets?

A little background - I have been interested trading for many, many years. I've tried everything: indicators, TA, price action, etc. I study charts for hours and hours. Have not been able to come up with a profitable trading system yet. As much as I try, as soon as I think I understand price...