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  1. SimpleMeLike

    Trading Ranges, Support, and Resistance

    Thanks for your comment lawrence-lugar
  2. SimpleMeLike

    Trading Ranges, Support, and Resistance

    Hello, My trading experience is in the arena of trading resistance and supports that I draw on the chart daily and day trade the next day. For the past two years, I have intraday traded breakout of support and resistance on the small time frame charts (3-5 minutes). I would wait for 1-2 bars...
  3. SimpleMeLike

    Bitcoin Trader Made Millions Trading on Margin — And Then Lost It All

    Maybe I'm just too naive, but there is no way I'm making over a million dollars and then losing it all. Common sense, would say put $500k in savings, use the other $500k to make another million.
  4. SimpleMeLike

    When price is in a range why do some people buy at the top? lol

    Thanks volpri. good points lol, I have been here with ES many many times trying to trade one contract looking for the big 10 points days and I am seeing PnL with +$200 or 4 points. Trading 2 contracts, I can exit for the small points, breakeven and let the other contract run and just manage...
  5. SimpleMeLike

    When price is in a range why do some people buy at the top? lol

    Thanks and good conversation Here is an example of range I was looking at today and traded. You can see me in short trade at the top of the range. The purple is the resistance zone and orange is the support. I wait til a range is somewhat clearly defined. I wait til top of resistance is tested...
  6. SimpleMeLike

    When price is in a range why do some people buy at the top? lol

    Thank you volpri for the response. You have helped me. Because I spent alot of time trying to trade does BO on small timeframes during the daily session. They make money, but it's rare they happen and like you said they don't happen that often and lots of fake outs. From my one week of...
  7. SimpleMeLike

    When price is in a range why do some people buy at the top? lol

    Hello propwarrior, Just wanted to share my experience this week trading. So this week, I put aside my buy/sell with the intraday trend trading method and decided to 1. Identify a small range with a resistance and support. 2. Buy support with limit order and sell resistance with limit order...
  8. SimpleMeLike

    anyone here making 7 figures a year doing this?

    Hello th0masq, Thanks for your taking the time, effort, and courage of sharing your story. I believe we all have been there regardless of size of account. Very interesting story. What are some of the trading lessons you learned rather winning or losing? You made alot of money and lost alot, i...
  9. SimpleMeLike

    anyone here making 7 figures a year doing this?

    Thanks for the suggestion ironchef. I am testing some swing and intraday strategies.
  10. SimpleMeLike

    anyone here making 7 figures a year doing this?

    lawrence-lugar, Calm down man, you really are going over board. I saw your negative comments you made about me before you deleted it and you screenshot and capture my face and made negative comments about my profile picture. Keep it professional man and chill out. Or go play with other...
  11. SimpleMeLike

    anyone here making 7 figures a year doing this?

    Thank you Xela for explaining. I often read in books and other people comments online regarding finding an edge or repeatable pattern to make money trading. So when I do my daily chart review, because I like day trading, I am looking for repeatable patterns and I notice when price touch a...
  12. SimpleMeLike

    anyone here making 7 figures a year doing this?

    Thanks InTheMaking, Is shorting resistance and buying supports a pattern? What about shorting upper trendlines and buying lower trends lines? Is this a pattern? Thanks
  13. SimpleMeLike

    anyone here making 7 figures a year doing this?

    Hello qxr1011, Where is this found at? Is found through books and daily practice?
  14. SimpleMeLike

    anyone here making 7 figures a year doing this?

    I do not agree with you that traders are beyond help. Maybe misguided and untrained, but everyone can use some help.
  15. SimpleMeLike

    When price is in a range why do some people buy at the top? lol

    Good post. Question: 1. Is buying yellow X and selling red X consider counter trend trading? Thanks,
  16. SimpleMeLike

    When price is in a range why do some people buy at the top? lol

    Hello propwarrior, You ask a very good question. I trade the small timeframe charts in futures. The reason I buy at the top range. 1. Price is moving upwards, so I hope it continues to go higher, and breakout of the range. I am betting the price will continue to go higher.
  17. SimpleMeLike

    anyone here making 7 figures a year doing this?

    Hello cole_, Why do you ask if anyone here is making 7 figures? THanks
  18. SimpleMeLike

    How certain are you of the trades you place?

    Hello toc, You have the link to this story please? I have been brainstorming this type of thinking as well lately. I am getting more patient and waiting for that right trade to come to risk more for better rewards. My goal is 1-2 setup per day and scaling up. Along with system building and...
  19. SimpleMeLike

    anyone here making 7 figures a year doing this?

    sle, good work and good trading.
  20. SimpleMeLike

    What constitutes edge / why is my system working?

    Thanks for the response, Why didn't you invest 100k ( or whatever max you coils afford at the time) contracts in your example above? So the key is knowing when to scale up on a proven edge.
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