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Is this a top? Is this a bottom? Is this a H&S? But wait - there's an IHS below? What the hell do I do? :) I think that to trade discretionary successfully, you simply need a LOT of experience. There's no other solution. Working out rules and filters to help you takes time, too. But if you...

Thanks. Will do. FWIW, I just had my trading laptop upgraded: Clean install of Windows 10 + 1 TB SSD. 16GB RAM. I considered upgrading the RAM, but since I've never seen it above 50 % usage, I dropped it. My laptop should be pretty decent, though. Things I do in NT8 to avoid issues: 1...

Thanks for the suggestion, but I do have mixed experience with Ninja's support. That is - they're always happy to 'help' and usually give fast replies, but usually nothing is 'solved' per se. If they know I use a custom indicator (true) - they'll probably just tell me to stop using that one. :)...

I've had some issues with lag using NinjaTrader 8 - which I suspect is the main issue. Yet, not at one time when I've had these issues have the RAM or CPU usage been high. It's been under 50 % on the RAM and way, way below on the CPU. Re-booting my system seems to be the only solution. Not...

It's very easy to see what you want to see. Trading so called 'price action' usually means interpretation and a subjective view of what's going on at any given moment. With money on the line and a fast moving market - it's not easy. Filter or rules which adds objectivity can help you, but will...

I'd say that psychology is generally an issue only if you already have a successful system, but have trouble executing it and/or you find yourself losing objectivity. The latter is something I've struggled with from time to time and where I consciously override my own system/statistics, i.e., I...

You should compare this with actual buy and hold.

If you go flat on the Open you'll miss out on the gains happening in the day session, too. In a trending market you will usually have about 60 % of the day sessions closing higher on the day. https://www.elitetrader.com/et/threads/midnight-rally.47055/page-118#post-5362356

Market orders. If the market is currently trading at 100 it means that the last transaction took place at 100. Either someone lifted the offer buying 100 @ market or someone hit the bid selling 100 @ market. Keep in mind that market orders always cross with limit orders (which is what you see...

Interesting perspective. Maybe you're showing too much.

Why wouldn't it?

I was not aware that's the definition of swing trading. The way I've understood swing trading is that it's defined by the time period of your hold which for swing trading is longer than day trading, but shorter than a long term hold. Not that you actually buy/sell swing lows/highs or otherwise...

Well, to be honest, I was not aware that buying swing lows and selling swing highs were considered mainstream trading techniques. Truth be told, it's been a long time since I seriously read any kind of how-to trading book as I also came to the same conclusion as nysestocks earlier in this...

The whole thread would be a tad too much, but I'm finding the posts by nysestocks interesting, so I'm sure I'll continue for a while longer. Thanks for these questions. Allow me to get back to you later on. Of course. I have first hand experience here. :)

Slowly reading through the start of the thread now. Let's see how far I'll get. But I'm getting a sense of what the obvious is and what it's not. I'll probably stay out for a while now until I get up to speed. :)

Corrected.

Well - that was the point I'm trying to make, so I don't see how your post is a reply to mine other than rephrasing what I initially said. :) That much seemed obvious - yet Vindago said it was a clear low risk short. Low Risk Buy. Low Risk Sell. I don't follow a great deal of other...

Nice analogy, but the market isn't a train ride. Are we confusing low-risk entry with the probability of success on entry? I'm not sure if this latest discussion relates to the 'obvious' at all, but I'll say that the matter of entry probably is market dependent, too, as in some markets you can...

Would it? I don't follow your line of reasoning - to be honest. Just because most players ain't successful or very successful doesn't rule out a smaller minority which is. And just because something isn't easy (to do or to learn) for most doesn't mean it's out of reach for a select few. Or...

Would have? Then why didn't you? It's always obvious after the fact. Since M4-1 posted his charts on falling prices and we were 'getting close' to a low risk entry 40 points lower - one would have to assume the implication was a long entry.