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The point of trading is to what? To trade. Yes, correct. You need to have a methodology operating uninterruptedly, open to market close, to be taking the points that the market offers through its gyrations. Put another way, you utilize the markets volatility throughout the session, buying the...

There are no tough markets. There are only price gyrations. The more there are and the bigger the price gyrations are, the better the trading. The search for a trend in trading is often to avoid gyrations; this is so when trend is identified as spanning more than one day. Otherwise the up leg or...

The notion that someone can be much more successful by acting differently does not hold much attraction. He or she probably is not any different. Smarter, almost certainly. An accurate trading system is a problem solving exercise. As a problem solving challenge it may be far too intense and...

Before answering the thread's question on volume, it is worthwhile to repeat a KISS approach to trading which can be reduced to a two part process. 1. You must have an accurate methodology which you must be able to rely upon and which needs to be a day trading sequential system wherein you are...

It can be reduced to a two part process. 1. You must have an accurate methodology which you must be able to rely upon. This needs be a day trading sequential system wherein you are buying upmoves and selling downmoves serially as in a connecting continuum or chain (CL, YM, ES, etc), open to...

Who you seem to be is all that a bulletin board can reveal about anyone posting comments. It may be that no one, even the most earnest, appears as who he or she actually is. I only see from the point of view of problem solving. You need to look at the market and see immediately where the most...

Thus in an earlier 'uptick rule' thread, I pointed out that increased volatility did not result from the absence of the old uptick rule. I am not surprised that the SEC confirms this. There is a lot of yabber blabber from people who are not well informed or simply not knowledgeable about...

Usually this sort of trading rules list is cliched or of little addtional value. I liked this list because it highlights observable probabilites. The caveat is that you need to have easy trading fluency and confidence to be operating them. This characteristic is often absent from amateur...

Markets in their generality are technical and not news based although news may appear to provide distortions. Those who believe price is propelled by news don't have a means to know if price otherwise would be any different and when there isn't any news they don't have a means to explain price...

Taking a profit can set you free. Make serial profits as you trade your market (CL, YM, ES, etc) because this is the process of setting yourself free; each day you add one more day of net profit to all previous days of net profit. This is what begins to set you free. This alone is the prize...

It amazes me that so many people are trying to catch a trend in CL. The daily range and the gyrations therein offer big points to traders every day. For the independent individual trader this is a daytraders market par excellence. Also you can utilize the often very juicy one and half hour...

Is it greed and fear, if either of them? No. Panic and stupidity are the co-efficients of failure and repeat failure. You rely on thinking you know something. You're in the market. The market is proceeding and appears to be telling you something you don't know. Puzzlement. Panic. Get out...

Life is good. It offers so much. You can have heaven on Earth every day. You decide. But sleep is so good too. You take off and dive deeply, passing through the mysteries of timelessness and dreams before once again resurfacing. I use a lot of sleep. Its enjoyable. I can take a nap in the...

Get a life fuckwit. You are the usual loser who wants to stay that way. And if as you claim "the points can be made on any market", then you need to capture them. So get going!

Aussie spider, how unwittingly you continue to show that you are a loser. You are lost. While it is correct that I encourage as many as possible to go where the most money can be made, I would not expect you go there. Like so many wannabes you prefer to rot in your own BS. Go where the points...

Aussie spider you are arguing about semantics. Such a treasure, making up stuff about trendlines or S/R I didn't say. Whatever it is, it doesn't work well enough for you, not surprisingly. You are a loser. You are a crybaby. You are so so far from knowing what to do and how to do it, to ever...

There is something of value in the Puretick video but it is no way a masterpiece. It is correct in noting that noobs take the wrong track. They get into the blame game (ET is full of it), blaming anything else and every other thing for their failure. They are not going to spend the time...

No, 'discretion' does not mean 'that anyone and everyone who uses trendlines, S/R and price patterns will never get rich'. Do you begin to know what you are talking about? Discretion is the "the power or right to decide or act according to one's own judgment; freedom of judgment or choice;"...

The answer to the opening post of this thread is easy. You are NOT going to make yourself rich trading on discretion. It is NEVER going to happen. If ultimately you are both not savvy enough and not willing enough to make all the effort needed, you will not get to where you need to go. As...

Yes, you can. However it is not a matter of punting on Ford or any other stock. Choose a market. I suggest ES or YM. Do your homework intensively. Get to know your market intimately. Construct or learn a comprehensive methodology to exploit that market. To take out the points that a market...