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This is exactly right! I operate in fear, and rightfully so! Take the initial advice of buying support at 3984 or selling resistance at 4000, and chasing breakouts! Well, we broke 3984 quite strongly. If you were to buy, even Scat said it would be a loss. And when do you go from buy...

I think its probably best to stop posting for a while. There are already enough hindsight traders here. I'm actually the idiot to keep coming back thinking I will find what I need here.

Ya, this isn't for me... thanks anyway.

Inflation. The idea that any amount of devaluing of your currency, like 2% per year, is ludicrious. Think about it like this. Money is really just your stored work and energy. Its a better idea to exchange your work for something that will be easier to barter for something else, right? I...

By stable though do you mean a system that is designed to steal from the users of the system in a stable way but consistent way? The only stability is that if you were fortunate to be born at the right time, you get to benefit the most. But if you're off by 20 or 30 years, you're screwed...

Yes, very familiar with Brooks, and he does have very many good concepts. But I would just think that given this is a forum, it would be easier to talk about trading more so in specific rather than just going over what a book offers. In other words, talking about actual trades is I think the...

So is entering trades! Lol

There is room for both. For example, I would never chase a breakout. (Ie. ES opens at 4005... Goes up 10 points and pokes 4005. So way am I shorting at 4004 or 4003. But the art comes in because every setup is different. Price movement has a certain feel to it, and you have to be in tune...

I'm honestly not too sure. The problem is that I tend to overthink each entry and then enter when it's much too late. Then it naturally retraces a bit and shakes me out. The stop often has to be bigger than I would like so I'm chasing a precise entry. But the precise entry requires getting in...

Obviously that it will go into profit right away. :D

You have to be more specific about the types of stats you're collecting. I outlined what I think stats are, or rather, how I would collect. So maybe this is all wrong, but its all I know how to do. I'm not a coder or a stats guy, and hence why I'm drawn to price action. Also because I can...

And if I may be so bold, or even rude, what you post goes in the category is being somewhat useless, at least to me. All your charts have zero trades and just a bunch of lines. Anything can happen anywhere and end up hitting some level. So none of it is helpful, and especially since no trades...

I think stats like that are dependent on the setup conditions, and these conditions change all the time. For example, perhaps a double bottom works because VWAP was also right there. Or perhaps the double bottom works because NQ hit a key level like 12000, so this made the ES bounce. But if...

Of course not! I'm winging it!

Too long.... as in years and years. Everyone says trading is easy, and sure, you learn the setups and take the trades. But once money is on the line, once you have a string of losers, it gets difficult to keep taking trades. You end up going in circles trying to figure out if you're doing...

Can I tell you what I think would be really helpful? (If you're inclined to share of course) Would you post some trades that you actually took with perhaps a time stamp? I'd love to plot the trades on a fast chart so I can see exactly where you got in and then be able to ask you questions...

Since the current economy is based on debt that has to forever grow, its doomed to fail. Its a game of musical chairs and you have to hope that you're born at the right time to take the most advantage. The current young generation might never own a house, so maybe a bit of deflation isn't bad...

Yes, it works well for the very rich, like you. I can see how you wouldn't want anything to change. Crypto firms failing is a non-issue for people who store their bitcoin themselves. But when a bank fails, somehow everyone has to take a haircut on the purchasing power of their money. Its all...

Also, do you think the government would be so eager to rescue everyone or bail out everyone if they couldn't print up the difference? The only reason why bank accounts for example are FDIC insured is because worst case scenario, governments just print whatever is necessary. The actual fund is...

Famous investor having trouble withdrawing funds out of China. https://www.zerohedge.com/geopolitical/i-cant-get-my-money-out-billionaire-mark-mobius-says-china-blocking-investment At some point, perceived safety is actually the threat.