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It worked less than 50% of the time? Well than you just found a strategy that works more than 50% of the time by simply trading against it. So, if you truly KNOW it works less than 50% of the time and not just think. You already found a strategy that works more than 50% of the time on your...

You've answered your own question. That's the way most people think and a lot of people were positioned on the short side and amazed that the market didn't move lower. It was getting closer to the end of day + amazon earnings and that's a recipe for higher prices (short covering) at the very...

Iran happened during the night... and dropped the markets. That gives a potential buying opportunity for day traders. That's trading. Just sitting in longs on the market overnight isn't typically the best strategy if you're an active trader unless you're holding from below and have...

Sure, I know there's a lot of managers who manage a large amount of money who are not allowed to short the markets. I also know most retirement money cannot be short the markets. So, guess what? Even if markets go down I know (more than likely not 100%) there will be certain...

I trade on what I know, not think . I certainly can think news is driving the markets, I genuinely don't KNOW. What I do know is what I use to trade off of and my experience is still working despite the larger moves in the markets. So, I just don't buy the news thing and even if I am...

News is terrible to trade off of if you're trying to make a long term career in trading particularly day trading. How do you make a career out of trading on news? Sure, if you get the news fast and understand it, put on a big trade and you're correct you can make good money... that's a lot...

No, Predicting by guessing, thinking and with an attitude that markets can't be predicted at all that is noob. What isn't noob is trading what you KNOW not what you think and understanding the markets can be predicted on some setups way above 50%. Edit: not trying to be harsh, but to say...

Can't argue with that rule, but I personally wouldn't be looking to buffet for trading advice (trading defined to me as intra-day trading).

Oh, I don't have a problem to really solve from that perspective. I trade what I know not what I think. But if you also trade what you know not what you think and it works, I always like to hear from those people.

Well if you're not saying one is better than the other, than that's why I don't see a point. If you KNOW one is better than other, than thats a discussion where I or you may learn something. Does that make any sense?

I am really not trying to be a d*ck so if I come across like that it isn't my intention. But how do you know some aspects of the markets have undeniably changed in the last 20 years? I mean sure I understand at face value you can defend that statement and it's true. I am speaking if...

I consider that an indicator, I don't see any point in making a distinction between dom / tape reading, volume profile and etc vs a visual indicator that has lines, dots, histogram or whatever. Because bottom line is if you're seeing a certain velocity, movement, trend or whatever you want...

I don't think though, I know that's the difference. Now if you really have something that you KNOW works and you make money on it obviously that's a fact therefore you can disregard what I say. All I can tell you is I KNOW time frames don't make a difference as far an edge generally speaking. I...

I am not that smart. Sure that makes sense, I don't care enough to be right besides on things that make money if that makes any sense. I do get you're using my own argument against me about charts being equal. But a 20 year chart takes 20 years for one bar to close, that's just so...

I would argue opportunity is equal, strictly from a market sense. Because the only changing factor will be the ATR of the move ( a smaller chart, smaller atr and etc). Yes, if you add an external factors for other people like personality, speed of reading a chart, the size they are trading...

If there's a real edge there time frame doesn't really matter (beyond the persons ability to be able to read the information in a timely manner) because the markets are fractal. Think of this way, which chart do the markets suddenly lose or gain integrity or why would an edge suddenly become...

I haven't read those books. I genuinely don't fully comprehend your first question. I just know markets aren't random and yes you could consider it organized chaos. In simple terms there are patterns, but than they have "resets" of those patterns where now the short pattern or vice...

Yes, no need to buy that it's definitely not random.... you can use some brain power and a blank chart with no indicators and come to that conclusion.

I don't really know all the technical speak, but really all you need is a constant to gauge the strength of the markets IE are shorts or longs more likely to work at the time entering your trade. Once you have them than you overlay your trigger signal and than that is where you will see...

I find NQ much easier to day trade, of course with NQ you will lose or make roughly 30% more than trading ES on a 1 to 1 ratio. But NQ will normally give you more outs than ES in my experience (if your style / strategy isn't just a single entry with set stop and profit target). Trading...