Price moves up and down . You just don't know what you're doing. Anything can be temporarily manipulated by large players but who cares , figure out a way to profit and quit whining.
You say you don't currently have a profitable, reliable , tested, method . How did you make 100k ? Did you have a method that just doesn't work anymore? Luck?
Best
Zr1
Still chuggin along in the testing period...... Slippage isn't an issue beyond the scope i thought it might be so my original testing of 2 ticks slippage factored in is serving me well so far.
May 4th-12th results
-$219
+$817
+$282
+$567
Since inception +$4358
I always wondered how JPM could survive by supposedly being short so heavily in silver , A rumor was that they hedged it with copper but who really knows besides them...No one. Hell they can all cook their books how they want anyhow so what does it even matter. Just trade the price.
I'm fine without the ego serving corporate scene. Not to mention being brainwashed by liberals in a school and paying 100-200 thousand dollars for it.
Just a big pissing contest comparing dick size in those environments. All IMO of course. To each their own :)
I've always wondered what EMG's incentives are for bashing this topic in everyones head 24/7 , It really is a waste of time. No amateur gives two shits about any warnings of losing money, the best and usually only way to learn their lesson is the hard way. Such as life. EMG is either so high up...
All one has to do is think about the income distribution stats to come to their conclusions about any potential high income endeavor.
Income / Percentage of Population (US)
$75,000 â $100,000 8.05%
$100,000 â $200,000 8.73%
$200,000 â $500,000...
Reason's for discarding an approach like this before are because of price sometimes respecting the line very well and other times not so well. Through my observations it seems like a failure to break the trend line (slightly penetrating the trendline faking in shorts, then a reverse back above...
Appreciate your input, I would like to test, and practice a type of trend line approach on a "technical market" such as CL , or 6e . I notice those markets seem to abide by the trend lines in a more clean cut manner. I'll have to come up with some consistent rules before starting. This thread...
Do others like using limits on the trendline or do you like the market to show signs of a bounce off the line before entering? I see the OP likes waiting for signs of life before entry, Close below line followed by a close above.
I've always run into problems clearly defining an entry...
Monday -$873
Tuesday +$1045
Today +$ 589
Had some execution errors and overall bad day monday. Rest of the week has been good so far.
Traded ES, NQ, YM , TF, ZC,ZB , YI, FDAX ,GC, CL
My first job was at wendy's when I was 15, then taco johns and cub foods.From the experience I learned that I had to find a way so I would not have to work shitty jobs like that the rest of my life. Good lesson.
Edit; One of the most valuable things I learned was observing the owner of the...